UK and ChatGPT maker OpenAI sign new strategic partnership Reuters OpenAI and UK sign deal to use AI in public services BBC OpenAI signs deal with UK to find government uses for its models The Guardian OpenAI and UK sign new AI agreement to boost security, infrastructure CNBC OpenAI and UK Government announce strategic partnership to deliver AI-driven growth OpenAI Source link
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Car maker Stellantis says US tariffs have cost it €300m
The car company behind the brands Vauxhall, Jeep and Fiat says US President Donald Trump’s tariffs have already cost it €300m (£259.6m, $349.2m). Stellantis said the financial hit was a result of tariffs impacting trade and the company’s loss of planned production in its response to the them. A 25% tariff on cars being imported to the US has been …
Read More »Post-It Maker 3M Defies Tariff Headwinds With Strong Q2 And Outlook Boost
Post-it maker 3M Company (NYSE:MMM) stock surged Friday after it reported better-than-expected second-quarter 2025 results and raised its full-year guidance. The company posted GAAP sales of $6.3 billion, up 1.4% year over year. Adjusted sales came in at $6.2 billion, reflecting 1.5% organic growth and beating the consensus estimate of $6.09 billion. This marked 3M’s third consecutive quarter of growth …
Read More »Chip Maker TSMC’s Stock Rises on Upbeat Outlook for Revenue, Strong AI Demand
KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continued to fuel results at the world’s largest contract chipmaker. CEO C.C. Wei said he saw full-year sales growth of around 30% in U.S. dollar terms, up from around mid-20% levels previously. TSMC’s second-quarter earnings per share and revenue came in higher than …
Read More »Uber to invest $300 million in EV maker Lucid as part of robotaxi deal – Reuters
Uber to invest $300 million in EV maker Lucid as part of robotaxi deal Reuters Uber, Lucid partner on new robotaxi service, taking on Waymo and Tesla Yahoo Finance Stock Movers: Lucid, Starbucks, Steve Madden Bloomberg.com Uber to buy at least 20,000 luxury robotaxis from Lucid Axios Uber Technologies, Inc. – Lucid, Nuro, and Uber Partner on Next-Generation Autonomous Robotaxi Program Uber Investor Relations Source …
Read More »Analogue 3D Maker Blames Latest Retro Console Delay On Tariffs
Image: Analogue The Analogue 3D promises a classic Nintendo 64 experience on modern displays with all the bells and whistles that entails. The $250 retro console sold out last year and was supposed to ship in early 2025, but the company behind it says orders have been delayed yet again, this time blaming tariffs. Nintendo Switch 2 Could Launch With …
Read More »Cognition, maker of the AI coding agent Devin, acquires Windsurf
Cognition, the startup behind the viral AI coding agent Devin, announced in a blog post on Monday that it has signed a definitive agreement to acquire AI coding startup Windsurf. The announcement comes just days after Google hired away Windsurf’s CEO Varun Mohan, co-founder Douglas Chen, and research leaders in a $2.4 billion deal, a reverse-acquihire that left the rest …
Read More »Tylenol maker Kenvue ousts CEO amid board's strategic review – Reuters
Tylenol maker Kenvue ousts CEO amid board’s strategic review Reuters Tylenol-maker Kenvue fires CEO amid board’s strategic review CNBC Kenvue Announces CEO Departure, Strategic Review Bloomberg Why The Name Behind Tylenol And Band-Aid Just Surged Investor’s Business Daily Kenvue CEO Mongon stepping down as company continues with strategic review AP News Source link
Read More »Tim Cook Will Not Be Fired By Apple’s Board And Is Expected To Become Chairman, Asserting “An Even Tighter Grip On The iPhone Maker” Despite AI Stumbles, Innovation Slump, And Mounting Criticism
Apple Intelligence failed to make a mark in the industry, as the company stumbles to keep its top executives on board amid other issues. Tim Cook has been accused countless times in the past of being a software person instead of a hardware person, as he has managed to introduce only a few devices after taking over the CEO position …
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