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Former Yandex chief Volozh returns with AI infrastructure venture after Russia split

Former Yandex chief Volozh returns with AI infrastructure venture after Russia split By Alexander Marrow July 16 (Reuters) - Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence, founder Arkady Volozh, who previously set up Russian tech giant Yandex, told Reuters.
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Google offered 470 mln euros to derail Microsoft antitrust pact - Bloomberg News

MEDIA-Google offered 470 mln euros to derail Microsoft antitrust pact - Bloomberg News -- Source link: https://tinyurl.com/mv52xsf6 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Trump VP pick supports Big Tech antitrust crackdown

Trump VP pick supports Big Tech antitrust crackdown By Jody Godoy July 15 (Reuters) - Former U.S. President Donald Trump's vice presidential pick J.D. Vance has openly praised the work of Federal Trade Commission Chair Lina Khan, a sign that the agency's broad approach to antitrust enforcement could enjoy some level of support from a second Trump administration.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates Macy's July 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Monday: ** Macy's M.N scrapped talks with an investor group comprising Arkhouse Management and Brigade Capital that had offered to acquire the department store chain for $6.9 billion, sending its shares down 15%.
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Google’s Kurian Approached Wiz, $23 Bln Deal Could Take A Week To Close -Techcrunch

BRIEF-Google’s Kurian Approached Wiz, $23 Bln Deal Could Take A Week To Close -Techcrunch July 15 (Reuters) - GOOGLE’S KURIAN APPROACHED WIZ, $23B DEAL COULD TAKE A WEEK TO CLOSE -TECHCRUNCH Source text : https://tinyurl.com/2bg828xn Further company coverage: GOOGL.O
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Wiz deal could help Alphabet nail down the cloud

BREAKINGVIEWS-Wiz deal could help Alphabet nail down the cloud The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 15 (Reuters Breakingviews) - Alphabet’s GOOGL.O mooted acquisition of cybersecurity firm Wiz is expensive, aggressive, will irritate powerful foes, and – despite that – looks like a good idea.
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British regulators to examine Big Tech's digital wallets

UPDATE 1-British regulators to examine Big Tech's digital wallets Adds details, context and regulator quotes in paragraphs 3-9 By Tommy Reggiori Wilkes and Yadarisa Shabong LONDON, July 15 (Reuters) - British regulators said on Monday they were looking into the soaring use of digital wallets offered by Big Tech firms, including whether there are any competition, consumer protection or market integrity concerns.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions July 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Macy's M.N has ended its buyout discussions with Arkhouse Management and Brigade Capital, saying that their raised offer lacked the certainty of financing and did not provide compelling value, sending its shares down 15% in early trading.
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British regulators look into Big Tech and digital wallets

British regulators look into Big Tech and digital wallets July 15 (Reuters) - British regulators said on Monday they are seeking views on the benefits and risks of digital wallets, which have become an important "touchpoint" between big tech firms and UK consumers. The Financial Conduct Authority and Payments Systems Regulator will assess the impact the rising popularity of digital wallets, such as Apple Pay, Google Pay and PayPal, have on competition and choice of payment options at checkout, a
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Apple at all-time high after Morgan Stanley calls stock 'top pick' for AI efforts

UPDATE 1-Apple at all-time high after Morgan Stanley calls stock 'top pick' for AI efforts Updates shares and market value in paragraphs 1 and 3 July 15 (Reuters) - Apple's AAPL.O shares rose 2.5% to a record high on Monday after Morgan Stanley raised its price target on the iPhone maker's shares and designated the stock as a "top pick," citing the company's AI efforts as a boost to device sales.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with latest on France's investigation in Nvidia July 15 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move, the French antitrust regulator confirmed it was investigating Nvidia NVDA.O for allegedly anti-competitive practices. Here are some of the actions taken by European watchdogs against big technology companies: EUROPEAN UNION Apple AAPL.O will open its tap-and-go mobile payments system
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Apple gains after Morgan Stanley calls stock 'top pick' for AI efforts

Apple gains after Morgan Stanley calls stock 'top pick' for AI efforts July 15 (Reuters) - Apple's AAPL.O shares rose about 2% on Monday after Morgan Stanley raised its price target on the iPhone maker's shares and designated the stock as a "top pick," citing the company's AI efforts as a boost to device sales. In what was seen as a move to catch up with Alphabet's GOOGL.O Google and Microsoft-backed MSFT.O OpenAI, the iPad maker last month unveiled Apple Intelligence, luring customers to upgrad
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Trump hit steepens curve; China's economy judders

MORNING BID AMERICAS-Trump hit steepens curve; China's economy judders July 15 (Reuters) - A look at the day ahead in U.S. and global markets from Mike Dolan The shock shooting on Saturday of former President Donald Trump , who is seeking a return to the White House, is reverberating around world markets, with bets that the incident boosts his re-election chances steepening the Treasury yield curve and lifting stock futures first thing.
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OpenAI working on new reasoning technology under code name ‘Strawberry’

UPDATE 1-EXCLUSIVE-OpenAI working on new reasoning technology under code name ‘Strawberry’ Adds details on AI performance on maths problems paragraph 11 By Anna Tong and Katie Paul July 12 - ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project code-named “Strawberry,” according to a person familiar with the matter and internal documentation reviewed by Reuters.
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OpenAI working on new reasoning technology under code name ‘Strawberry’

UPDATE 1-EXCLUSIVE-OpenAI working on new reasoning technology under code name ‘Strawberry’ Adds details on AI performance on maths problems paragraph 11 By Anna Tong and Katie Paul July 12 - ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project code-named “Strawberry,” according to a person familiar with the matter and internal documentation reviewed by Reuters.
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New York Times business news - July 15

PRESS DIGEST- New York Times business news - July 15 July 15 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Google parent Alphabet GOOGL.O is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, in a deal that would represent the technology giant's biggest acquisition ever.
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Wall Street Journal - July 15

PRESS DIGEST - Wall Street Journal - July 15 July 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Google parent Alphabet GOOGL.O is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion. - Billionaire entrepreneur Elon Musk and hedge-fund manager Bill Ackman formally threw their support behind Donald Trump in the wake of Saturday's assassination attempt, endorsing
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EDPR Secures PPA With Google For Solar Project In U.S.

BRIEF-EDPR Secures PPA With Google For Solar Project In U.S. July 15 (Reuters) - EDP Renovaveis SA EDPR.LS : PROJECT IS DUE TO START OPERATING IN 2025 PPA SECURED FOR 15 YEARS Source text: https://tinyurl.com/4ur9tdb ; nPLX63DC73 Further company coverage: EDPR.LS EDP.LS (Gdansk Newsroom)
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Financial Times - July 15

PRESS DIGEST- Financial Times - July 15 July 15 (Reuters) - Following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Starmer plans to introduce AI bill in King's Speech - Google parent in talks to buy cyber security start-up Wiz for $23 billion - Goldman challenges Fed's demand it hold more capital after stress test - Donald Trump calls for unity as new details emerge of assassination attempt Overview - Britai
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REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express . TOP STORIES GLOBAL USA-ELECTION-TRUMP Trump headed to Republican convention after surviving assassination attempt Donald Trump said he was headed on Sunday to Milwaukee where Republicans will formally nominate him for president later
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