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U.S. FTC probes Hess, Occidental execs over OPEC communication, Bloomberg reports
Reuters via Yahoo Finance Canada· 24 hours agoThe current investigation of communication with OPEC officials is part of the U.S. antitrust...
Activist investor Elliott builds sizeable stake in Starbucks, say sources
Reuters via Yahoo Finance Canada· 1 day ago(Reuters) -Activist investor Elliott Investment Management has built a sizable position in Starbucks...
Wall Street extends rout, CrowdStrike slumps on global tech outage
StreetInsider· 1 day agoCybersecurity firm CrowdStrike slumped 11.2% after an update to one of its products appeared to trigger an outage that affected customers using Microsoft's Windows Operating System, disrupting ...
Meta chief Zuckerberg won't endorse Trump or Biden in elections, Bloomberg News reports
StreetInsider· 1 day ago(Reuters) - Meta Platforms CEO Mark Zuckerberg has declined to endorse either Donald Trump or Joe Biden and said he does not plan to be involved in the upcoming U.S. presidential election in...
CrowdStrike deploys fix for issue causing global tech outage
Reuters via Yahoo Finance Canada· 1 day agoMicrosoft said separately it had fixed the underlying cause for the outage of its 365 apps and...
Futures fall amid tech rout, traders grapple with global cyber outage
AOL· 1 day agoMajor U.S. airlines ordered ground stops citing communications issues, while firms including some financial services and banks reported system outages that disrupted their operations. Microsoft ...
UK stocks end with weekly losses as commodity-linked stocks weigh
Reuters via Yahoo Finance Canada· 1 day agoThe blue-chip FTSE 100 index was down 0.6%. LSEG Group, which runs the London Stock Exchange, said...
OpenAI holds talks with Broadcom about developing new AI chip, the Information reports
StreetInsider· 2 days agoOpenAI is exploring the idea of making AI chips on its own to overcome the shortage of expensive graphic processing units that it relies on to develop AI models such as ChatGPT, GPT-4, and DALL-E3 ...
Wall Street ends sharply lower as anxiety rises, earnings heat up
StreetInsider· 2 days agoNEW YORK (Reuters) -U.S. stocks tumbled on Thursday, reversing early gains as investors continued to rotate away from high-priced megacap growth stocks and second-quarter earnings season gathered ...
Fisker scores a win, an AV startup reboots in Texas, and why Elon pushed the Tesla robotaxi reveal
TechCrunch· 2 days agoFisker has a little something to celebrate this week as it winds its way through Chapter 11...