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Microsoft laid off a diversity, equity, and inclusion team- Business Insider

MEDIA-Microsoft laid off a diversity, equity, and inclusion team- Business Insider -- Source link: https://tinyurl.com/32umpssb -- Note: Reuters has not verified this story and does not vouch for its accuracy
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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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Hedge funds' bets on software companies hit record lows, Morgan Stanley says

HEDGE FLOW-Hedge funds' bets on software companies hit record lows, Morgan Stanley says By Carolina Mandl NEW YORK, July 15 (Reuters) - Global hedge funds' exposure to software stocks in the U.S. reached "new multi-year lows" last week after a broader sell-off in the technology sector, Morgan Stanley said in a note. "Software was the most net-sold, which continues the streak of net selling in the space since late-April and brings exposures to new multi-year lows," the bank said.
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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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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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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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TomTom suspends 2025 targets as weak car demand hits sales

UPDATE 3-TomTom suspends 2025 targets as weak car demand hits sales Adds detail, share price and CFO comment, paragraphs 3,6,7,8,11 By Mathias de Rozario and Leo Marchandon July 15 (Reuters) - Digital mapping specialist TomTom TOM2.AS suspended its revenue target for 2025 and trimmed its expectations for this year on Monday as weak demand for new cars weighs on its automotive location technology business.
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Nvidia investor dilemma: how much is too much in a stock portfolio?

ANALYSIS-Nvidia investor dilemma: how much is too much in a stock portfolio? Funds' Nvidia positions have grown as the stock has soared, increasing risk US equity markets are increasingly powered by handful of giant tech stocks Actively managed funds that held Nvidia trounced peers that didn’t hold it so far this year By David Randall NEW YORK, July 15 (Reuters) - Outsized positions in artificial intelligence darling Nvidia NVDA.O have boosted portfolio managers' returns this year but the bets
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Google parent in talks to buy cybersecurity startup Wiz for $23 billion

UPDATE 3-Google parent in talks to buy cybersecurity startup Wiz for $23 billion Adds background on Alphabet and Wiz, tech sector deals By Milana Vinn and Steven Scheer NEW YORK, July 14 (Reuters) - Google parent Alphabet GOOGL.O is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant's biggest acquisition ever.
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Wall St Week Ahead-Expected US rate cuts have investors looking beyond Big Tech

RPT-Wall St Week Ahead-Expected US rate cuts have investors looking beyond Big Tech Repeats with no changes By Lewis Krauskopf NEW YORK, July 12 (Reuters) - Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy.
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Elon Musk endorses Trump in presidential race, calls him "tough"

UPDATE 3-Elon Musk endorses Trump in presidential race, calls him "tough" Add background in paragraphs 5, 15-21. By Hyunjoo Jin and Alexandra Ulmer July 13 (Reuters) - Elon Musk, the billionaire CEO of Tesla, publicly endorsed Donald Trump for the first time in the U.S. presidential race, calling the Republican former president "tough." Musk, the world's richest person, p osted the endorsement with a video of Trump with blood on his face pumping his fist after multiple shots rang out at Trump's
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OpenAI working on new reasoning technology under code name ‘Strawberry’

EXCLUSIVE-OpenAI working on new reasoning technology under code name ‘Strawberry’ 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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Wall St Week Ahead-Expected US rate cuts have investors looking beyond Big Tech

Wall St Week Ahead-Expected US rate cuts have investors looking beyond Big Tech By Lewis Krauskopf NEW YORK, July 12 (Reuters) - Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy.
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Eli Lilly heads towards trillion dollar club in healthcare milestone

LIVE MARKETS-Eli Lilly heads towards trillion dollar club in healthcare milestone Main U.S. indexes rally, Nasdaq leads Tech leads S&P 500 sector gainers; Comm Svsc down most Euro STOXX 600 index up ~0.9% Dollar, crude, gold slip; crude edges up; bitcoin advances U.S. 10-Year Treasury yield steady at ~4.19% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Smaller tech grapples with end of Big Tech put

BREAKINGVIEWS-Smaller tech grapples with end of Big Tech put The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 12 (Reuters Breakingviews) - A jilted HubSpot HUBS.N will break many hearts. It apparently will not be acquired by Alphabet GOOGL.O , after all. Like many of its peers, the $25 billion software developer has been trading at a premium valuation, at least partly in anticipation of a larger rival scooping it up.
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India antitrust probe finds Apple abused position in apps market

EXCLUSIVE-India antitrust probe finds Apple abused position in apps market India latest in growing antitrust scrutiny of Apple globally India investigation says Apple policies hurt developers Apple has argued it is too small a player in India Company can argue against India findings in coming weeks By Aditya Kalra NEW DELHI, July 12 (Reuters) - An investigation by India's antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system,
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US companies head into earnings facing high expectations

US companies head into earnings facing high expectations By Caroline Valetkevitch NEW YORK, July 12 (Reuters) - U.S. companies releasing quarterly results in the coming weeks face investors who expect no less than stellar growth, with estimates particularly high for Wall Street technology heavyweights such as Nvidia NVDA.O and Microsoft MSFT.O . Stocks have rallied in recent weeks, partly on the view that tech-related megacaps and other U.S.
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