Coinbase must face shareholder lawsuit over SEC risks
By Jonathan Stempel (Reuters) – A federal judge rejected Coinbase’s bid to dismiss a proposed class action by shareholders who…
Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting…
More than 90 company executives endorse Harris for US president
WASHINGTON (Reuters) – More than 90 company executives, including the chief executives of Yelp and Chobani as well as the…
FedEx invests in AI robotics company Nimble to boost its supply chain business
(Reuters) – FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale…
OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports
(Reuters) -OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new…
AT&T makes final offer to striking CWA union
(Reuters) – Telecom operator AT&T has presented the Communications Workers of America’s bargaining committee with its final offer, the union…
Exclusive-Vista and Blackstone in talks to acquire software maker Smartsheet, sources say
By Milana Vinn NEW YORK (Reuters) – A private equity consortium including Vista Equity Partners and Blackstone is in talks…
Nordstrom founders offer $23 per share to take department store private
(Reuters) -Nordstrom’s founding family has made a bid to take the department store chain private by offering $23 per share…
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets…
UK clears Microsoft’s partnership with Inflection AI
(Reuters) – Britain’s competition regulator, on Wednesday, cleared Microsoft’s hiring of some former staff of Inflection AI and its partnership…