By Kalea Hall, David Shepardson DETROIT (Reuters) -Stellantis NV <STLAM.MI> said on Thursday it was temporarily laying off 900 workers…
Month: April 2025
Crypto execs ask Congress to let stablecoins pay interest as bill set to advance
By Hannah Lang (Reuters) – Some influential cryptocurrency executives are making a last-minute pitch to Congress to allow interest to…
Auto tariff to cost US consumers more than $30 billion in first year, report shows
(Reuters) – U.S. President Donald Trump’s 25% tariff on auto imports may cost American consumers more than $30 billion in…
AI video maker Runway raises $308 million in General Atlantic-led funding round
(Reuters) – AI video startup Runway said on Thursday it had raised $308 million in a new funding round, led…
New AI benchmarks test speed of running AI applications
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) – Artificial intelligence group MLCommons unveiled two new benchmarks that…
EV charging firms team up to launch Europe’s largest network
By Gianluca Lo Nostro PARIS (Reuters) -Four of Europe’s biggest electric vehicle charging firms said on Wednesday they were teaming…
Amazon bids to buy TikTok as deadline looms, U.S. administration official says
By Dawn Chmielewski (Reuters) – Amazon.com has put in a last-minute bid to buy TikTok, a U.S. administration official said…
Google Gemini executive Sissie Hsiao to step down
(Reuters) – Alphabet’s Google is replacing Sissie Hsiao, who led the development of the artificial intelligence chatbot Bard, now known…
Tesla’s new car sales in Italy down 7% in first quarter despite 51% jump in March
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to…
Meta’s head of AI research to depart in May
(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when…