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FDIC says banks can engage in crypto activities without prior approval

By Pete Schroeder WASHINGTON (Reuters) -Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities. The Federal Deposit

PayPal shares slide as EU lawmaker raises prospect of new fees amid trade tensions

(Reuters) - PayPal shares fell 4% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating U.S.-Europe trade tensions and potential

Ubisoft shares drop, erase early gains on talk hedge funds shorting stock

By Alessandro Parodi and Johan BODINIER (Reuters) -Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its

CoreWeave set to climb 18% in debut, on track for $27 billion valuation

By Niket Nishant and Manya Saini (Reuters) -CoreWeave's shares were set to open nearly 18% above their offer price in their Nasdaq debut on Friday, giving the Nvidia-backed AI infrastructure firm a

Chipmaker Wolfspeed’s shares plunge over 45% to 27-year low

(Reuters) - Wolfspeed's shares slumped about 48% on Friday, hitting their lowest since 1998, a day after the chipmaker appointed a new CEO amid its struggles to improve its financial position. The

Nvidia-backed CoreWeave’s shares likely to open up to 25% above IPO price

(Reuters) - CoreWeave's shares were set to open up to 25% above their offer price in the company's debut on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm's stock was indicated to

Google to pay $100 million to settle advertisers’ class action

By Jonathan Stempel (Reuters) - Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing to provide promised discounts and charged

CoreWeave’s retail appeal may be tempered by IPO timing, financial pressures

By Niket Nishant and Manya Saini (Reuters) - Concerns sparked by CoreWeave's debt pile and other financial challenges may weigh on retail investor enthusiasm as it prepares to go public after what

Berlin on measures against U.S. tech giants: ‘Nothing is off the table’

BERLIN (Reuters) - A German government spokesperson said on Friday that "nothing is off the table" with regards to punitive measures in response to the threat of U.S. tariffs. Asked whether

EU to invest $1.4 billion in artificial intelligence, cybersecurity and digital skills

BRUSSELS (Reuters) - The European Commission will invest 1.3 billion euros ($1.4 billion) in artificial intelligence, cybersecurity and digital skills through the Digital Europe Programme for 2025 to

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.