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Image for OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024
Finance

OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024

(Reuters) -OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of Ju...

9th June, 2025

Image for Factbox-Here is everything Apple announced at its annual developer conference
Headlines

Factbox-Here is everything Apple announced at its annual developer conference

By Akash Sriram (Reuters) -Apple unveiled upgrades to operating systems across its devices on Monday...

9th June, 2025

Image for Development banks to invest 3 billion euros in ocean plastics fight
Headlines

Development banks to invest 3 billion euros in ocean plastics fight

By Simon Jessop, Virginia Furness and Kate Abnett LONDON (Reuters) -A group of development banks pla...

9th June, 2025

Image for BYD names former Stellantis executive Zampese as Europe head of commercial vehicle business
Headlines

BYD names former Stellantis executive Zampese as Europe head of commercial vehicle business

MILAN (Reuters) -BYD has appointed Gianluca Zampese, a former Stellantis industry veteran, to a new...

9th June, 2025

Image for China's EV makers turn on BYD as price war escalates
Headlines

China's EV makers turn on BYD as price war escalates

BEIJING/SHANGHAI (Reuters) -Fierce competition among China's leading EV makers has intensified, with...

9th June, 2025

Image for Apple opens its AI to developers but keeps its broader ambitions modest
Headlines

Apple opens its AI to developers but keeps its broader ambitions modest

By Stephen Nellis CUPERTINO, California (Reuters) -Apple is facing an unprecedented set of technical...

9th June, 2025

Image for Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
Finance

Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal

(Reuters) -U.S. chipmaker Qualcomm on Monday agreed to acquire British semiconductor company Alphawa...

9th June, 2025

Image for L'Oreal to buy majority stake in British skincare brand Medik8
Finance

L'Oreal to buy majority stake in British skincare brand Medik8

PARIS/LONDON (Reuters) -L'Oreal has agreed to acquire a majority stake in British skincare brand Med...

9th June, 2025

Image for IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research
Finance

IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research

(Reuters) -IonQ will acquire British quantum computing startup Oxford Ionics for $1.075 billion, the...

9th June, 2025

Image for Nvidia CEO says UK needs computing power to develop AI
Headlines

Nvidia CEO says UK needs computing power to develop AI

LONDON -Financial firms in Britain will be able to test artificial intelligence tools later this yea...

9th June, 2025

Image for Ad group WPP says CEO Mark Read to step down at end of the year
Finance

Ad group WPP says CEO Mark Read to step down at end of the year

LONDON (Reuters) -Mark Read will retire as the chief executive of global advertising giant WPP at th...

9th June, 2025

Image for Getty argues its landmark UK copyright case does not threaten AI
Headlines

Getty argues its landmark UK copyright case does not threaten AI

By Sam Tobin LONDON (Reuters) -Getty Images' landmark copyright lawsuit against artificial intellige...

9th June, 2025