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Amazon to invest $11 billion in Indiana to build data centers

(Reuters) - Amazon.com's cloud-computing arm said it would invest $11 billion in Indiana to build data centers, marking the state's largest capital investment, and promising at least 1,000 jobs. The

US agency to vote to restore net neutrality rules

By David Shepardson WASHINGTON (Reuters) - The U.S. Federal Communications Commission will vote Thursday to reinstate landmark net neutrality rules and assume new regulatory oversight of broadband

Carrier Global lowers full-year sales forecast as sticky inflation limits demand

(Reuters) - Air conditioner maker Carrier Global cut its full-year revenue forecast on Thursday, anticipating continued pressure on consumer spending amid persistent inflation. Carrier, which also

Explainer-Where are Wall Street’s analyst notes on Trump’s Truth Social?

By Echo Wang NEW YORK (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear. Shares of the company that

Meta shares plunge as prolonged AI spending plans unnerve investors

(Reuters) - Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media firm's comments around prolonged spending on artificial intelligence unnerved investors. The

AI spending worries cast gloom over Alphabet, Microsoft

By Sheila Dang (Reuters) - Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road

Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants

By Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to

Toyota and Nissan pair up with Tencent and Baidu for China AI arms race

By Daniel Leussink BEIJING (Reuters) -Japan's Toyota Motor will pair up with China's Tencent while Nissan will team up with Baidu, the companies said on Thursday, cross-border partnerships that

Republican Senator Rubio calls for blocking of all US sales to Huawei

By Alexandra Alper WASHINGTON (Reuters) - Republican China hardliner Marco Rubio is calling on the Biden administration to block all sales to Huawei after the sanctioned Chinese tech company released

STMicro cuts FY revenue outlook as softer car demand weighs

By Ozan Ergenay (Reuters) -European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and

On Camera

Modi’s speech rightly questions politics of appeasement. Wrongly targets all Muslims

The PM did make a valid point when he criticised the Congress for categorising the entire Muslim community in Karnataka under the Other Backward Classes. It is pure appeasement of Ashraaf Muslims and discriminates against Pasmandas.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.