Stablecoin bill fails to clear key hurdle in U.S. Senate
By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced…
Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal
By Mike Scarcella (Reuters) -A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to…
Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud
By Jonathan Stempel (Reuters) -Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by…
Netflix to revamp TV app interface, launch AI-powered search for iOS users
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and…
Hedge Fund Millennium in talks with Goldman’s Petershill Partners on stake sale, FT reports
(Reuters) -Hedge fund Millennium Management is in talks with Goldman Sachs’ Petershill Partners to identify potential buyers for a minority…
Boeing taps Wisk Aero CEO to head commercial airplane product development
By Dan Catchpole SEATTLE -Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product…
SpaceX gets FAA approval to ramp up Starship launches from Texas
By Joey Roulette WASHINGTON (Reuters) -SpaceX received key U.S. regulatory approval on Tuesday to increase the annual rate of Starship…
Trumps says will evaluate trade deals in upcoming weeks
By Steve Holland WASHINGTON (Reuters) -President Donald Trump said on Tuesday that he and top administration officials will review potential…
Amazon’s robotaxi unit Zoox agrees to software recall after self-driving Las Vegas crash
By David Shepardson WASHINGTON (Reuters) -Amazon.com’s self-driving unit Zoox agreed to recall 270 driverless vehicles after an unoccupied robotaxi was…