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Nvidia short sellers make $5 billion from three-day selloff, data shows

By Reuters | Updated: June 26, 2024 June 25 (Reuters) – Nvidia (NVDA.O) short sellers have raked in nearly $5 billion in paper profits from the AI...

Technology5 months ago

Chinese AI firms woo OpenAI users as U.S. company plans API restrictions

By Reuters | Updated: June 25, 2024 BEIJING, June 25 (Reuters) – Chinese artificial intelligence(AI) companies are moving swiftly to attract users of OpenAI’s technology, following...

Media & Telecom5 months ago

Paramount Global to raise prices for its streaming plans

By Reuters | Updated: June 25, 2024 June 24 (Reuters) – Paramount Global (PARA.O) is raising subscription rates for its flagship streaming services, the media giant said...

Technology5 months ago

Apple, Meta not in talks currently for AI partnership, Bloomberg News reports

By Reuters | Updated: June 25, 2024 June 24 (Reuters) – Apple (AAPL.O) has rejected overtures by Meta Platforms (META.O) to integrate the social networking company’s AI chatbot...

Cryptocurrency5 months ago

Bitcoin drops 7.8% to below $60,000c

By Reuters | Updated: June 25, 2024 June 24 (Reuters) – Bitcoin dropped 7.8% to $59,215 at 8:50 pm GMT on June 24. @ Thomson Reuters...

Technology5 months ago

Atome Financial gets up to $100 mln debt facility including from EvolutionX for expansion

By Reuters | Updated: June 25, 2024 SINGAPORE, June 25 (Reuters) – Singapore-based financial technology firm Atome Financial said on Tuesday it had secured an up...