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Lithuania says drone sighting turns out to be flock of birds, after NATO summons jets
14+ hour, 28+ min ago (177+ words) VILNIUS, Sept 13 (Reuters) – Lithuania said that a perceived drone sighting in its airspace earlier on Sunday that prompted authorities to close Vilnius airport and NATO to summon at least one fighter jet, turned out to be a flock of birds....
Adobe beats third-quarter revenue estimates on AI product demand
3+ day, 7+ hour ago (113+ words) Sept 10 (Reuters) – Adobe beat Wall Street estimates for third-quarter revenue on Thursday, as demand for its AI-integrated products and tools continued to grow. The company reported revenue of $6.76 billion for the quarter, compared with analysts’ average estimate of $6.70 billion, according…...
Democratic senators urge Delta to remain neutral in union organizing effort
3+ day, 18+ hour ago (350+ words) WASHINGTON, Sept 9 (Reuters) – Two Democratic senators on Wednesday urged Delta Air Lines CEO Ed Bastian to remain neutral in ongoing efforts by some airline flight attendants to unionize. In a letter seen by Reuters, Senators Elizabeth Warren and Ed Markey…...
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
3+ day, 15+ hour ago (198+ words) Sept 10 (Reuters) – Nasdaq said on Thursday its venture arm agreed to invest $100 million in Payward, parent company of cryptocurrency exchange Kraken, deepening a partnership aimed at developing infrastructure for trading tokenized equities. • Nasdaq said the companies aim to build infrastructure…...
ECB raises interest rates to fight off inflation jump
3+ day, 15+ hour ago (420+ words) FRANKFURT, Sept 10 (Reuters) – The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by higher energy costs from the Iran war. Surging…...
DOJ probes Nvidia’s licensing deal with AI startup Groq, NYT reports
4+ day, 54+ min ago (174+ words) Sept 9 (Reuters) – The U.S. Justice Department is investigating whether Nvidia structured its licensing deal with AI chip startup Groq to avoid antitrust scrutiny, the New York Times reported on Wednesday, citing two people familiar with the matter. Nvidia announced a…...
Amazon raises almost $6 billion in first sterling bond sale, lead manager says
4+ day, 3+ hour ago (390+ words) LONDON, Sept 9 (Reuters) – Amazon raised £4.25 billion ($5.76 billion) from its first-ever sterling bond sale on Wednesday, slightly more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom....
Finland says GNSS jamming, wind caused Ukrainian drones to enter its airspace in spring
4+ day, 16+ hour ago (188+ words) HELSINKI, Sept 9 (Reuters) – Four Ukrainian military drones found in Finland in March and April were diverted from their intended route by satellite navigation interference in combination with wind, Finnish police and border guards said on Wednesday. Finland and nearby Estonia,…...
OpenAI says working with Samsung on next-generation chips, deepening cooperation
4+ day, 17+ hour ago (396+ words) SEOUL, Sept 9 (Reuters) – OpenAI is deepening cooperation with Samsung Electronics as the ChatGPT maker develops its own chips, expanding ties with the South Korean technology giant across semiconductors and enterprise AI services. “One of the areas where we have made…...
Goldman expands AI push with new engineering office in Bellevue
5+ day, 6+ hour ago (144+ words) Sept 8 (Reuters) – Goldman Sachs said on Tuesday it has opened a new office in Bellevue, Washington, to serve as a dedicated engineering location for more than 125 employees focused on AI and cloud transformation. Corporate America has stepped up investments in…...