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Thursday, May 2, 2024
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Analysis-AI summit a start but global agreement a distant hope

By Martin Coulter and Paul Sandle LONDON (Reuters) - British Prime Minister Rishi Sunak championed a series of landmark agreements after hosting the first artificial intelligence (AI) safety summit

Consolidated Communications shareholder Wildcat opposes $3.1 billion take-private deal

By Anirban Sen NEW YORK (Reuters) - Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings, said on Friday it plans to vote against its $3.1 billion takeover by an

TikTok CEO to meet EU industry, digital, antitrust chiefs next week

By Foo Yun Chee BRUSSELS (Reuters) -TikTok CEO Shou Zi Chew will meet EU industry chief Thierry Breton, EU digital chief Vera Jourova and EU antitrust chief Didier Reynders in Brussels next week,

TikTok CEO to meet top EU chiefs next week amid disinformation worries

By Foo Yun Chee BRUSSELS (Reuters) -TikTok CEO Shou Zi Chew will meet EU industry chief Thierry Breton, EU digital chief Vera Jourova and EU antitrust chief Didier Reynders in Brussels next week,

Events leading up to FTX founder Sam Bankman-Fried’s conviction

By Luc Cohen (Reuters) -Sam Bankman-Fried's fraud conviction on Thursday marks the culmination of a yearlong legal saga stemming from the dramatic collapse of the FTX cryptocurrency exchange he

UK secures commitments from Amazon and Meta over retail platforms

LONDON (Reuters) -Britain's competition watchdog said on Friday it had accepted commitments from tech companies Meta and Amazon to help protect fair competition on their retail platforms. The

UK regulator accepts commitments from Amazon and Meta over retail platforms

LONDON (Reuters) - Britain's competition watchdog said on Friday it had accepted commitments from tech companies Meta and Amazon to help protect fair competition on their retail platforms. (Reporting

Gartner lifts annual earnings forecast on stable demand for research, consulting

(Reuters) - Information Technolgy Consultant Gartner Inc beat third-quarter results estimates on Friday and nudged up its annual earnings forecast, as it benefits from stable demand for its research

Who is Sam Bankman-Fried, the onetime crypto mogul convicted of fraud?

By Luc Cohen NEW YORK (Reuters) - A few years after graduating from college, Sam Bankman-Fried grew worried he was not taking enough risks. So the son of two Stanford Law School professors quit his

Block shares soar as Street lauds strong 2024 forecast, buyback plans

(Reuters) - Block's shares jumped nearly 18% before the bell on Friday and were set to open at their highest since mid-September, rallying on the payments firm's better-than-expected earnings forecast

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

Complex network of India’s existing air defence capabilities & the way forward

Provocations among Israel & Iran have prompted discussion on the need for India to broaden its air defence apparatus, given tensions with adversarial neighbours.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.