Apollo offers $11 billion for Paramount’s Hollywood studio, source says
By Dawn Chmielewski (Reuters) – Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures…
Month: March 2024
Chipmaker Micron’s shares surge as AI boom drives strong forecast
By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption…
Nuclear fusion backers meet in US capital as competition with China looms
By Timothy Gardner WASHINGTON (Reuters) -Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C., this week…
Chipotle shares breach $3,000 on first ever stock-split plan
By Savyata Mishra (Reuters) -Chipotle Mexican Grill’s stock breached the $3,000 mark for the first time on Wednesday and closed…
Biden pushes plan to lower rents, blasts Trump in Nevada
By Jeff Mason LAS VEGAS (Reuters) -U.S. President Joe Biden highlighted plans to lower housing costs during stops across Nevada…
Wall Street advances with Nvidia and Fed meeting in focus
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s three major indexes closed higher on Tuesday after shares in…
Meta offers to almost halve Facebook and Instagram monthly fees
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and…
SpaceX to sell satellite laser links that speed in-space communication to rivals
By Joey Roulette WASHINGTON (Reuters) -SpaceX has started selling satellite lasers, which are used for speedy in-space communications, to other…
Trump fails to secure bond for $454 million judgment in civil fraud case as asset seizures loom
By Luc Cohen NEW YORK (Reuters) – Donald Trump’s efforts to secure a bond to cover a $454 million judgment…
Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says
By Martin Coulter (Reuters) -Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, Bloomberg News…