By Joe Cash BEIJING (Reuters) -China’s consumer prices rose for a third straight month in April, while producer prices extended…
Musk’s Starlink satellites disrupted by major solar storm
By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded service” as…
Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said…
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar…
McDonald’s considering $5 meal deal launch to draw diners, source says
(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday,…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
China’s Zeekr prices US IPO at top of range to raise $441 million
By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial…
Exclusive-Power producer Calpine explores options including $30 billion sale, sources say
By David French (Reuters) – The investment firms that took U.S. power plant operator Calpine Corp private six years ago…
Tesla interfered with union organizing at New York plant, US agency claims
By Daniel Wiessner (Reuters) -Tesla has been accused by a U.S. labor agency of discouraging workers at a Buffalo, New…
Robinhood’s crypto business drives massive earnings beat
By Sri Hari N S and Niket Nishant (Reuters) -Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday,…