AMD to buy cloud startup Pensando for $1.9 billion in data center push

Signs of AMD are seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register April 4 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) said on Monday it would acquire cloud startup Pensando for $1.9 … Read more

Stocks, dollar rise; European leaders urge further Moscow sanctions

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US stocks mostly higher in early trade Oil prices gain US dollar strengthens NEW YORK, April 4 (Reuters) – Stocks on global indexes … Read more

Facebook Makes a Big Controversial Change

Facebook has made a lot of changes since the Covid-19 pandemic. The most important of these is undoubtedly the change in the name of the company. Since October, Facebook is now called Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report. The decision is aimed at two things: trying to put behind the … Read more

GameStop seeks share split amid renewed meme-stock hype

A GameStop store is pictured in the Manhattan borough of New York City, New York, US, January 29, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Video game retailer GameStop Corp (GME.N) said on Thursday it would seek shareholder approval for a stock split, aiming to … Read more

Ford, GM to halt production at two Michigan plants due to parts shortage

March 31 (Reuters) – Ford Motor Co (FN) and General Motors (GM.N) will each halt production next week at a Michigan plant due to parts shortages, the two companies said separately on Thursday. No. 2 US automaker Ford said it would suspend production at its Flat Rock Assembly Plant next week, where it builds the … Read more

Apple, Facebook fell for scam and gave user data away: report

Apple Inc. and Facebook’s parent company fell for an email scam and turned some user data to phony law enforcement officials, a bombshell new report said. Cybercriminals who used hacked domains belonging to multiple law enforcement agencies made bogus “emergency requests” for certain users’ information, Bloomberg News reported on Wednesday. The companies handed over basic … Read more

Intel CEO earned 1,711 times more than average company worker in 2021

March 30 (Reuters) – Intel Corp (INTC.O) Chief Executive Officer Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed on Wednesday. Compared to Gelsinger, former CEO Bob Swan had earned 217 times more than … Read more

Dow, S&P close lower after 4 days of gains as Russia bombs Ukraine

The logo for the New York Stock Exchange (NYSE) is displayed on the floor of the NYSE in New York City, US, March 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US bond market spurs recession worry Private payrolls increased by 455,000 jobs in March Dow down 0.19%, S&P 500 … Read more

How TikTok may be causing teen girls to develop neurological disorders

Teenage girls are going to doctors and health clinics after experiencing tics and other disorders that are believed to stem from prolonged use of the social media app TikTok. Since the start of the coronavirus pandemic, an increasing number of young girls have been diagnosed with “functional neurological disorders” including “vocal tics and abnormal body … Read more

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register March 29 (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 … Read more