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Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter.
Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
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Soccer-Politics aside, Mexico and Ecuador fans keep World Cup rivalry friendly
By Janina Nuno Rios and Natalia Siniawski MEXICO CITY, June 30 (Reuters) - Shrugging off a raucous midnight serenade outside their team hotel as part of football's folklore, travelling Ecuadorean fans
Politics aside, Mexico and Ecuador fans keep World Cup rivalry friendly
Shrugging off a raucous midnight serenade outside their team hotel as part of football's folklore, travelling Ecuadorean fans embraced a festive World Cup atmosphere in Mexico City on Tuesday ahead of their World Cup round of 32 clash with co-hosts Mexico.
Microsoft to cut under 2.5% of workforce in latest layoffs, Business Insider reports
Microsoft is planning to cut under 2.5% of its workforce in the latest round of layoffs that could be announced as early as next week, Business Insider reported on Tuesday, citing people familiar with the matter.
Microsoft to cut under 2.5% of workforce in latest layoffs, Business Insider reports
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Anthropic unveils 'Claude Science' AI platform for scientific research
Anthropic on Tuesday launched Claude Science, an AI platform designed to help scientists streamline research, analyze data and manage complex computing workflows.
Deutsche Bank sells India retail business to Kotak Mahindra
Deutsche Bank said on Tuesday that Kotak Mahindra Bank would acquire its Indian retail banking and wealth management business in India.
US Supreme Court to decide legality of state transgender sports bans
The U.S. Supreme Court is set on Tuesday to decide the legality of state laws in West Virginia and Idaho banning transgender student athletes from female sports teams at public schools including universities, a contentious issue enmeshed in the nation's culture wars.
NATO joins exercises off US coast, even as it loses political fight in Trump's Washington
The warning came booming over the airwaves, in a voice unmistakably from the American south: "Warship! Get out of our waters!"
Venezuela health system strained after earthquakes, WHO says
Venezuela's healthcare system is under significant strain, the World Health Organization said on Tuesday, with some hospitals damaged and others missing staff after deadly twin earthquakes last week.
Venezuela Health System Strained After Earthquakes, WHO Says
By Emma Farge GENEVA, June 30 (Reuters) - Venezuela's healthcare system is under significant strain, the World Health Organization said on Tuesday, with some hospitals damaged and others missing staff after deadly twin earthquakes last week. More than 1,700 people have been killed and 5,000 ...
Anti-migrant politics spark resurgence of racism, say some Britons of colour
After nearly four decades in Britain, Ali Haydor says there are now days when he wishes he could hide his brown skin.
Oil falls as investors focus on potential Iran-US talks in Doha
Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim ceasefire to end the four-month-old war.
Global financial firms pivot to South Korea, cautious on China and India, survey shows
Global financial firms are pivoting expansion plans towards South Korea while taking a more measured approach to China and India, according to an industry survey.
Apple Released iOS 26.5.2 Security Fixes Early to Thwart AI-Assisted Hacks
Apple today released iOS 26.5.2, iPadOS 26.5.2, and macOS Tahoe 26.5.2 with a long list of security fixes that it initially introduced in the iOS 26.6, iPadOS 26.6, and macOS Tahoe 26.6 betas. Apple told Reuters that it released the updates earlier than planned due to concerns about AI-assisted hacks.
NBCUniversal may enter video game business after Comcast split, sources say
NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast , according to three people with direct knowledge of the matter.
Exclusive-NBCUniversal May Enter Video Game Business After Comcast Split, Sources Say
By Echo Wang, Dawn Chmielewski and Milana Vinn June 29 - NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast, according to three people with direct knowledge of the matter.
Apple says it is releasing updates early in response to AI cybersecurity concerns
Apple said it is pushing forward a series of software updates that would previously have been bundled with a new version of its iOS operating system, making them available earlier than in previous cycles in response to AI-driven security concerns.
France keeps health emergency plan at highest level in case of another heatwave
PARIS, June 29 (Reuters) - French Prime Minister Sebastien Lecornu said on Monday he was keeping the country's health emergency response plan, ORSAN, at its highest level for the coming days in view
France Keeps Health Emergency Plan at Highest Level in Case of Another Heatwave
PARIS, June 29 (Reuters) - French Prime Minister Sebastien Lecornu said on Monday he was keeping the country's health emergency response plan, ORSAN, at its highest level for the coming days in view of "a possible recurrence of a heatwave episode". Lecornu was speaking at the start of a ...
Serbia's Vucic eyes new political chapter as he steps down from presidency
When Aleksandar Vucic announced that he will step down as president of Serbia, cutting short his mandate and likely triggering early elections, few believed that he would disappear from politics.
Cheaper AI is better: Soaring bills are reshaping how businesses choose models
Silicon Valley's powerful and pricey AI models have been a necessity for businesses looking to future-proof themselves. But now a growing number of tech CEOs are arguing that cheaper options would be crucial for their wider adoption.
Comcast to split its cable business from media through NBCUniversal and Sky spinoff
Comcast said it plans to split into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky, separating its broadband and wireless business from its media and entertainment assets.
Comcast to split cable business from media through NBCUniversal, Sky spinoff
Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is set to boost competition. Comcast, which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless offerings from T-Mobile and Verizon and to fiber rivals building out networks.
Mangione faces hearing ahead of trial over US health insurance CEO's killing
Luigi Mangione, the man accused of fatally shooting a health insurance executive on a Manhattan sidewalk in 2024, is due for a hearing in federal court on Monday ahead of his federal trial on stalking charges after murder and weapons charges were thrown out.
Apple accuses India of 'copy-pasting' rivals' claims in antitrust investigation
Apple has accused Indian antitrust investigators of "copy-pasting" its rivals' claims and failing to properly conduct its own investigation in concluding the U.S. tech giant breached competition laws, calling for the findings to be quashed, regulatory papers reviewed by Reuters showed.
Philippines leads the world in rush to solar as power prices soar
People in the Philippines are flocking to install solar power on rooftops and escape the burden of soaring electricity prices, making it the world's biggest spender on solar panels since the war in Iran started.
Austria lobbies EU to host Anthropic AI after US curbs, Bloomberg News reports
Austria is pushing the European Union to consider hosting Anthropic AI system within its borders to counter efforts by the U.S. to block foreigners from using the company's most advanced models, Bloomberg News reported on Sunday.
Iraq detains politicians, officials in anti-corruption crackdown
Iraqi security forces arrested politicians and senior officials early on Sunday as part of a broader anti-corruption campaign ordered by Prime Minister Ali al‑Zaidi, a government spokesperson said.
US close to allowing Anthropic to restore Fable 5 model, Axios reports
The Trump administration is close to allowing Anthropic to restore access to its Fable 5 model, Axios reported on Saturday, citing a source close to the situation.
Isha Johansen on the promise and politics of football
The first female president of the Sierra Leone Football Association discusses her new memoir, corruption in the game, and rebuilding through sport.
LVMH and Accor's Orient Express sets its sights on new tech billionaire class
Shuttling across the French and Italian Riviera, Orient Express's first giant yacht aims to attract a new class of billionaire.
Earthquake shifts political ground for Venezuelan leader Delcy Rodriguez
Venezuela's strongest earthquake in over a century is the biggest challenge to Delcy Rodriguez's leadership but could also allow the interim president to stamp her authority on a fractured government.
It's Xbox's turn (again), as console prices keep going up
Microsoft announced a price hike for the Xbox Series consoles today, the third in little over a year. Effective August 1, the Xbox Series S, which launched in 2020 for $300, will cost $500 in the U.S. The Xbox Series X, which launched in 2020 at $500, will go for $800. This follows a round of PlayStation 5 price increases from Sony this spring, and a slow-motion increase for Nintendo’s Switch 2, which will kick in in the U.S. in September. (Mind you, there were also eight video game industry price hikes in six months of 2025). The chart up top shows the sudden ascent of console prices over the past year, a sudden surge in an already unusual hardware generation. Prices had been flat for years, now “up” is the new “flat.” Game console prices used to go down across the length of a console generation, but not this time around. Microsoft’s explanation for the new price hike today: We hoped another price increase would not be necessary, and we have spent the last several months working with suppliers on options. Unfortunately, console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027. The entire consumer electronics industry is struggling with the current components crisis, but the effects are particularly hard on consoles. Unlike phones, computers, speakers, and other consumer devices, consoles are typically not sold at a profit, but instead for less than they cost to make. This is an issue well beyond game consoles. Apple announced price hikes on its computers and tablets today as well. Game File is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe Item 2: Brutal Bungie cuts Bungie laid off “most” of its Destiny development team and some developers who worked on Marathon, the newest game from the struggling Sony-owned studio. A WARN notice issued by Sony to Washington State, where Bungie is based, tallied cuts impacting 292 workers, effective next month. That’s strictly for Bungie/Sony jobs in Washington and wouldn’t account for any elsewhere. The video I clipped below shows the redacted list of Bungie cuts filed to Washington State officials. As you’ll see, I had to scroll for a while… In a note emailed to PlayStation workers and published online, PlayStation game studios chief Hermen Hulst offered the following explanation for these latest cuts at Bungie: This is painful news, especially for talented colleagues whose roles have been eliminated. This decision was made only after extensive discussion and careful consideration, and I want to provide some context on how we arrived here. Over the past several months, together with Bungie leadership, we reviewed the studio’s long-term direction, development priorities, resource needs, and role within our broader portfolio strategy. We explored multiple alternatives before concluding that a reduction was necessary to align the studio’s resources with its current priorities and long-term goals. In 2022, Sony bought Bungie for $3.7 billion. The studio’s marquee game, the multiplayer live service shooter Destiny 2 was losing popularity at the time. Its next game Marathon, released earlier this year, has been well-reviewed but had a slow start. Bungie is renowned for making great shooter games, and Destiny fans have mourned the wind-down of Destiny 2. They’ve also expressed bewilderment over reports that Destiny 3 is not, per Bloomberg, immediately in the cards.
Jimmy Butler shares ACL rehab update, expectations for Warriors next season
Jimmy Butler shared an encouraging update on his ACL injury rehab and his expectations for the Golden State Warriors in the 2026-27 NBA season.
Comcast's Sky Reaches Terms to Acquire ITV's Media & Entertainment Unit for $2 Billion
The deal, which includes ITV's linear channels and ITVX streaming platform, could be announced in the next two weeks, according to Reuters
Comcast’s Sky Reaches Terms to Acquire ITV’s Media & Entertainment Unit for $2 Billion
The deal, which includes ITV's linear channels and ITVX streaming platform, could be announced in the next two weeks, according to Reuters
Germany's Merck to buy Bio-Techne for $73 per share
Merck KGaA has agreed to acquire biotech firm Bio-Techne Corp for $73 per share in cash, the German science and healthcare firm said in a statement on Thursday.
Hims' obesity drug business may get boost as employers drop coverage
Telehealth provider Hims and Hers Health may get a boost next year from employers dropping coverage of weight-loss drugs like Novo Nordisk's Wegovy and Eli Lilly's Zepbound and Foundayo to rein in costs, investors and analysts say.
US says China trying to discourage states, businesses from engaging with Taiwan
China has been contacting U.S. states and private firms to discourage engagement with Taiwan and mischaracterising U.S. policy, but links with Taiwan should be expanded, three U.S. government departments said in joint letters.
South Korea arrests Shincheonji church leader for meddling in politics, media report
A South Korean court ordered the arrest of Lee Man-hee, the founder of the Shincheonji Church of Jesus, over allegations he orchestrated an illegal scheme for followers to join a political party, news reports said.
Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong forecasts from Micron Technology and Qualcomm breathed fresh life into Wall Street's recently waning AI stock rally.
Mamdani's sweep in New York a 'political earthquake' among Democrats
New York City Mayor Zohran Mamdani scored a massive political victory on Tuesday when his trio of insurgent congressional candidates toppled two incumbents and the establishment favorite in an open seat, results some described as "a political earthquake" for Democrats.
Micron forecasts quarterly revenue above estimates
Micron Technology forecast quarterly revenue above Wall Street estimates on Wednesday, signaling that insatiable demand for AI-related infrastructure will continue to drive strong demand for its memory chips.
Scientists seek clues to longevity from three Brazilian sisters over 100
What is the secret to a long life? Three Brazilian sisters with a combined age of 316, who were named by Guinness this month as the oldest living trio of siblings in the world, may help researchers find out.
Microsoft's quantum computing technology called into question, again
A new critique in the scientific journal Nature is raising fresh questions about Microsoft's claimed quantum computing breakthrough last year, which underpinned the company's announcement this month that it will have a working quantum system by 2029.
Ebola outbreak is still outpacing response, WHO's Tedros says
The Ebola outbreak in the Democratic Republic of Congo and Uganda is continuing to outpace response efforts, World Health Organization chief Tedros Adhanom Ghebreyesus said on Wednesday.
France confirms first Ebola case in doctor returning from DR Congo
The patient is in isolation, following strict biosafety protocols to prevent risk of spread in France.
Apple aims for better and more entertainment offerings, executive Cue says
Apple aims to release "better and more" TV shows and movies on its streaming service and in movie theaters, senior executive Eddy Cue told Reuters as he accepted an entertainment industry honor in France.
German Ifo business sentiment rises in June
German business morale rose in June, a survey showed on Wednesday, as companies assessed their current situation more positively and expectations were also somewhat less sceptical.
Saipem to sell Saudi shallow-water drilling business to ADES for $285 mln
Italian energy contractor Saipem has agreed to sell its shallow-water offshore drilling business in Saudi Arabia in a deal worth $285 million, the company said on Wednesday.
Science museum brings soccer tech to World Cup fans
Soccer & Technology from the FIFA Museum, in its North American debut in Vancouver, has drawn hundreds of fans to Science World to study the game's evolution as organisers aim to accelerate soccer's growth in ice hockey-mad Canada.
Automakers could halt car sales in California without delay in vehicle tracking law
A group representing major automakers warned on Tuesday that car companies may be forced to halt sales of both new and used vehicles in California on July 1 unless the state delays vehicle technology rules that aim to prevent perpetrators of domestic violence from tracking survivors.
Giants' Buster Posey has stern one-word response to possible Logan Webb trade
San Francisco Giants president of baseball operations Buster Posey addressed potentially trading star pitcher Logan Webb.
Roku May Help Fox Avoid Aggregeddon
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Scrolling through links over the last week, I stumbled across this fun headline: Wow. Formula 1 (the sport, not the docu-series) is the perfect “dog not barking”. As a reminder, each week in my Streaming Ratings Report, I call out the shows that miss every viewership chart. I dub them “dogs not barking”—like the Sherlock Holmes mystery—because without any data, we forget they even exist. This is in contrast to something like, say, a film flop—cough The Mandalorian and Grogu cough—where even underperforming at the box office is widely discussed here, there and everywhere. In the US, Formula 1 is now in “no public viewership data, so not discussed” territory. After moving to Apple TV from its former home of ESPN, basically no one talks about it. Apple did publish an initial, unsourced, unsubstantiated, (dare I say unserious) datecdote claiming more folks are watching Formula 1 on Apple than ESPN, but we haven’t gotten any updates since. This stands in contrast to when the sport streamed on ESPN, and ESPN PR provided weekly viewership figures. Formula 1 was, at best, a niche sport in America—averaging 1.3 million viewers in the Big Data Plus era—but now it’s basically anonymous. (And yeah, after moving to Apple, I very, very, very much doubt its ratings increased.) Unfortunately, that story isn’t quite big enough to warrant a section in today’s “Most Important Story of the Week” column, but I wanted to call it out, because otherwise, no one else will! Certainly, no one will write articles about the silence/ratings decline, unlike when they wrote breathless articles connecting the rise in viewership to Netflix’s Drive to Survive, including Reuters just last month. (This is a topic I’ve tried to provide a moderate/nuanced/non-hyped take since 2022.) Anyway, on to this week’s issue. I was a bit worried I didn’t have a juicy topic, then the Murdochs went out and did their Murdoch thing: buying Roku. So that’s the story of the week, and it happens to touch on quite a few themes of the streaming wars and the disruption therein. I’ll cover that, plus why more consolidation in Hollywood media looks likely, more good news on the Hollywood labor front, whether we’ll see an uptick in production in Los Angeles, some Broadway and theme park news, cellphone prices going up in the third world (and possibly everywhere), and more. Subscribe Most Important Story of the Week - Another Big Media & Entertainment Merger The story of the week is clearly Fox is buying Roku for $22 billion. I read a lot of good strategy takes on why Fox bought this streaming TV device maker—and I’ll have mine below—but what fascinates me more is how this deal connects to quite a few themes of the streaming wars, linking to everything from the pace of M&A to “aggregeddon” to Netflix’s recent M&A actions/inactions to the shift to advertising from pure play streaming and more. The only topic I can’t really connect it to is my old theory, “never bet against Rupert Murdoch” because he isn’t the one who did this deal; his son Lachlan inked it. (Do I think he provided advice, even at his 95 years of age? Sure.) That plus I have one additional piece of strategy for all entertainment players, inspired by this deal. So let’s dive into all those topics, starting with why I like this deal. Roku is a Great M&A Buy
Alo Yoga primed for public offering or sale after owner's sale of wholesale T-shirt business
In a deal that attracted little interest from Wall Street, the owner of popular yoga clothing maker Alo agreed to sell its wholesale T-shirt division Bella+Canvas last month.
Meta announces new range of smart glasses starting at $299
Meta Platforms on Tuesday announced a new range of AI smart glasses in partnership with EssilorLuxottica , starting at $299.
Explainer: The health risks of extreme heat
The world is baking under extreme heat, with Europe, Asia and parts of the U.S. all dealing with scorching temperatures.
German business activity hits 18-month low in June, PMI shows
Germany's private sector activity contracted at its fastest pace in 18 months in June as the services downturn deepened, a survey showed on Tuesday.
Indian shares set to pause after oil-led rally
Indian shares were set to open flat on Tuesday, with analysts expecting a phase of consolidation in the absence of fresh triggers after gains in six out of seven sessions, while sentiment remained constructive on easing Middle East tensions.
Dalton and Tristi's NBA mock draft 4.0: Who Warriors, Kings pick in first round
NBC Sports Bay Area and California predicts who the Golden State Warriors and Sacramento Kings will pick in the 2026 NBA Draft's first round.
SpaceX launches notes offering, discloses $100.8 billion cash balance
SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held about $100.8 billion in cash and cash equivalents as of June 19.
BofA forecasts 75 bps of rate hikes in 2026 on labour market resilience, new Fed chair
BofA Global Research expects the Federal Reserve to hike interest rates by 75 basis points in 2026, it said on Monday, citing resilient economic data and rising expectations of a hawkish Fed under new Chair Kevin Warsh.
UK politics live: Starmer expected to announce he will resign as prime minister
Live coverage.
Global business leaders back faster electrification shift
MORE THAN 100 COMPANIES INCLUDING NESTLE, UBER URGE GOVERNMENTS TO MAKE ELECTRIFICATION CENTRAL TO ECONOMIC STRATEGY
'Out of hand': Paraguay coach Alfaro vents at World Cup's business elite
Paraguay's outspoken coach Gustavo Alfaro took aim at football's business elites on Sunday, accusing them of commercial intrusion on the World Cup and sidelining fans with exorbitant ticket costs in a sport that has its roots in poverty.
Poland PM Tusk says political row with Ukraine is a 'strategic mistake'
A conflict between politicians in Poland and Ukraine is a strategic mistake that will harm both sides, Polish Prime Minister Donald Tusk said on Sunday on X, as he sought to defuse a row sparked by a historical dispute.
UK business minister says he has no reason to think PM Starmer will resign on Monday
British business minister Peter Kyle said on Sunday he has no reason to believe that Prime Minister Keir Starmer is planning to announce his resignation on Monday.
UK business minister says he has no reason to think PM Starmer will resign on Monday
LONDON, June 21 (Reuters) - British business minister Peter Kyle said on Sunday he has no reason to believe that Prime Minister Keir Starmer is planning to announce his resignation on Monday.
UK Business Minister Says He Has No Reason to Think PM Starmer Will Resign on Monday
LONDON, June 21 (Reuters) - British business minister Peter Kyle said on Sunday he has no reason to believe that Prime Minister Keir Starmer is planning to announce his resignation on Monday. Speaking to Sky News, Kyle said he had a "frank" conversation with Starmer on Friday. Britain's ...
Ubisoft's co-founder Claude Guillemot dies in plane crash
Claude Guillemot, who co-founded French video-game publisher Ubisoft with his brothers in 1986, has died, the company said on Saturday.
Iranian Guards' business empire to win big if U.S. sanctions lifted
Emerging outlines of a deal between Washington and Tehran to end their war contain a stinging paradox: sweeteners to coax Iran into compliance may strengthen an adversarial force that the U.S. and its Western allies consider a terrorist organisation.
For Vance, Iran talks could shape political rise
U.S. Vice President JD Vance is poised to take on his biggest role yet on the international stage as President Donald Trump's chief negotiator to end the three-month war with Iran, a moment that could shape Vance’s prospects as a White House successor.
Tata's iPhone parts factory faces India health probe after farmer contamination complaints
An Indian state health authority is investigating how liquid discharged from Apple supplier Tata's iPhone components factory has affected farmers, some of whom complained about skin issues from contamination in their farmlands, according to three officials and a document reviewed by Reuters.
Turkish competition board approves Uber acquisition of Getir delivery business
The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.'s acquisition of the delivery arm of Turkey's Getir from Emirati controlling shareholder Mubadala.
Gulf airlines get back to business as flights near pre-war levels
Say it quietly, but Gulf airlines are back in business.
Sleep and light: the science behind Qantas' bet on 20-hour flights
Qantas Airways is betting that science can make the world's longest flights feel less punishing - unveiling plans for a "wellness zone," extra legroom, specially timed meals and animated lighting on its non-stop Sydney-London services due to launch next October.
Mangione, accused CEO killer, withdraws mental health defense plans for now
Luigi Mangione, the man accused of gunning down a health insurance executive on a Manhattan sidewalk, is for now withdrawing plans to argue at trial that he was undergoing an extreme mental health crisis at the time of the alleged killing, according to a Friday court filing.
Mangione, Accused CEO Killer, Withdraws Mental Health Defense Plans for Now
By Jack Queen NEW YORK, June 18 (Reuters) - Luigi Mangione, the man accused of gunning down a health insurance executive on a Manhattan sidewalk, is for now withdrawing plans to argue at trial that he was undergoing an extreme mental health crisis at the time of the alleged killing, according ...
Mydays founder expresses interest in ProSiebenSat.1's adventure business
The founder of adventure experience business Mydays, now part of broadcaster ProSiebenSat.1, told Reuters he and co-investors are looking into buying back the unit, potentially pitting them against German entrepreneur Jochen Schweizer.
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip business
Architect Labs said on Thursday it had raised $24 million in seed funding to build a company that will use artificial intelligence to speed and ease the design of custom chips.
Death Toll From Israeli Fire in Gaza Since Ceasefire Passes 1,000, Says Health Ministry
CAIRO, June 18 (Reuters) - The number of Palestinians killed by Israeli fire in Gaza has reached more than 1,000 since a U.S.-brokered ceasefire last October, the enclave's health ministry said on Thursday, as at least three people were reported killed in the latest strike. Medics said an ...
Siemens Energy weighs spin-off of 'Transformation of Industry' unit, Manager Magazin reports
Siemens Energy is weighing spinning off its "Transformation Of Industry" division, which makes compressors and steam turbines, Manager Magazin reported on Thursday.
US Health Department announces over $700 million to combat mental health, addiction, homelessness
U.S. Health Secretary Robert F. Kennedy Jr. on Wednesday announced more than $700 million in new funding opportunities aimed at tackling mental illness, addiction and homelessness.
US FTC sues transgender health nonprofit over youth care standards
The U.S. Federal Trade Commission and four states accused a nonprofit focused on transgender health of making misleading statements about the benefits of gender-affirming treatments for young people in a lawsuit filed on Wednesday.
US business inventories increase as expected in April
U.S. business inventories increased strongly in April, suggesting that inventory investment could contribute to economic growth in the second quarter.
EU supports ebola response with €493 million in vaccines, treatment and health aid
The European Commission said on Wednesday it will fund the response to the ebola outbreak in Central Africa with a €493 million ($572 million) financial aid package.
Mood darkens among German auto suppliers as investment, hiring fall, survey shows
German automotive suppliers expecting business conditions to worsen over the next year now outnumber the industry's optimists, a survey showed on Wednesday, as domestic hiring sinks to a new low and investment in the sector moves overseas.
Australia court bans former Star Entertainment CEO for six years, fines $495,000
Australia's Federal Court on Wednesday banned former Star Entertainment CEO and managing director Matthias Bekier from managing corporations for six years, and fined him A$700,000 ($494,620.00) over breaches tied to the handling of risks associated with money laundering and criminal activity.
US Sues New York Health Officials Over Alleged Fraud in Medicaid Homecare Program
By Jonathan Stempel NEW YORK, June 16 (Reuters) - The Trump administration sued top New York health officials on Tuesday over an alleged scheme to rig the bidding process for managing the state's estimated $10 billion Medicaid homecare program, harming patients and caregivers as well as ...
Microsoft's cloud infrastructure talks with Oracle collapse, Business Insider reports
June 16 (Reuters) - Microsoft's discussions with Oracle regarding a cloud infrastructure leasing deal, potentially valued at more than $3 billion, have fallen apart due to security and compliance
Microsoft's cloud infrastructure talks with Oracle collapse, Business Insider reports
Microsoft's discussions with Oracle regarding a cloud infrastructure leasing deal, potentially valued at more than $3 billion, have fallen apart due to security and compliance concerns, Business Insider reported on Tuesday.
EU rules out mandate to keep video games playable, seeks voluntary code
The European Commission said on Tuesday it cannot require video games to remain playable after they are withdrawn from sale, but will work with industry and consumer groups on a voluntary code of c...
Trump’s Iran accord offers exit from war
The Trump administration and Iran's leadership agreed on Sunday to terms to end their war and reopen the Strait of Hormuz, a development that has delivered significant relief to global markets.
Warriors' 2026 NBA offseason outlook: Who stays, who goes during pivotal summer?
Dalton Johnson breaks down the current state of the Golden State Warriors' roster heading into the 2026 NBA offseason.
Saudi Arabia sports minister vows affordable and safe World Cup in 2034
Saudi Arabia's Sports Minister says the kingdom will work with FIFA to ensure ticket affordability and fan safety for the 2034 World Cup, amid regional instability and lessons from this year's finals in North America where costs have been a concern.
Microsoft sued by shareholders over expenses, cloud business, AI
Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure.
Microsoft sued by shareholders over expenses, cloud business, AI
Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. The proposed class action led by a Michigan pension fund was filed in Seattle federal court on Friday, after Microsoft shares fell 10% on January 29 in response to its quarterly earnings report a day earlier. About $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.
Salesforce to buy Fin for about $3.6 billion
Salesforce said on Monday it had signed an agreement to acquire customer agent company Fin for about $3.6 billion.