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A smartphone with a displayed TikTok logo is placed on a computer motherboard in this illustration taken February 23, 2023.

TikTok general counsel to step down, will focus on fighting US law

Reuters |Updated 9 minutes ago |1 min read

WASHINGTON (Reuters) - Erich Andersen, general counsel for TikTok and Chinese parent company ByteDance, said on Friday he will step down from the role in June, according to a company statement. Andersen will become special counsel to the company ...

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024.

US Homeland Security names AI safety, security advisory board

David Shepardson |Updated 39 minutes ago |2 min read

By David Shepardson WASHINGTON (Reuters) - The U.S. Homeland Security Department (DHS) on Friday announced a blue-ribbon board that includes the CEOs of OpenAI, Microsoft, Google parent Alphabet and Nvidia that will advise the government on the ...

The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024.

Google files motion for summary judgment in U.S. ad tech case

Reuters |Updated 6 minutes ago |2 min read

WASHINGTON (Reuters) -Alphabet Inc's Google on Friday asked a federal court in Virginia to reject a U.S. government lawsuit accusing the advertising and search company of anticompetitive practices in the online advertising marketplace. The ...

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023.

Apollo, KKR and Stonepeak to invest in JV to fund Intel's Ireland facility, Bloomberg reports

Reuters |Updated 6 minutes ago |1 min read

(Reuters) - Apollo Global Management, KKR & Co and Stonepeak may invest billions in a joint venture to help fund Intel's semiconductor fabrication facility in Ireland, Bloomberg News reported on Friday. (Reporting by Arsheeya Bajwa in ...

A Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States, March 31, 2017.

Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges

Reuters |Updated 49 minutes ago |1 min read

Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's production and cashflow. The ratings agency, which reaffirmed its "BBB-" long-term issuer default ...

The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019.

Boeing, GKN Aerospace close deal for St. Louis site

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Boeing said on Friday that it has closed a deal with aero supplier GKN Aerospace and its parent company Melrose Industries for a plant in St. Louis. The deal immediately transitions GKN's St. Louis site's operations in support of ...

U.S. President Donald Trump announces Jerome Powell as his nominee to become chairman of the U.S. Federal Reserve in the Rose Garden of the White House in Washington, U.S., November 2, 2017.

Explainer-How Trump could influence the makeup of the Fed

Reuters |Updated 8 minutes ago |4 min read

(Reuters) - Donald Trump's allies are reported to be drafting proposals to erode the Federal Reserve's independence if the presumptive Republican presidential nominee regains the White House, with installing loyalists at the central bank as a key ...

A Canadian Loonie, otherwise known as a one dollar coin, is displayed on top of an American one dollar bill in this posed photograph in Toronto.

C$ trims weekly gain as U.S. inflation remains sticky

Fergal Smith |Updated 1 hour ago |2 min read

By Fergal Smith TORONTO (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday as U.S. inflation data suggested the Federal Reserve could turn more hawkish compared to the Bank of Canada and some other major peers, but ...

Packages of Cheerios, a brand owned by General Mills, are seen in a store in Manhattan, New York, U.S., November 12, 2021.

Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say

Abigail Summerville |Updated 1 hour ago |2 min read

By Abigail Summerville NEW YORK (Reuters) - General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular Yoplait brand in a deal that could be worth more ...

The Treasury Department is pictured in Washington, U.S., April 25, 2021.

U.S. Treasury refunding set to offer relief from supply rises

Karen Brettell |Updated 1 hour ago |2 min read

By Karen Brettell NEW YORK (Reuters) - The U.S. Treasury Department is expected to offer markets some relief next week when it details refunding plans for the coming quarter, by keeping the size of most of its auctions steady after three quarters ...

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