BACT

Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value

Barbara Terrio

HONG KONG, Nov 17 (Reuters) – Investors wiped out some $20 billion off Alibaba Group’s (9988.HK) market value on Friday ...

Sean ‘Diddy’ Combs accused of sex trafficking, rape of singer Cassie

Carol Dennis

Sean Combs arrives at the Metropolitan Museum of Art Costume Institute Gala (Met Gala) to celebrate the opening of “Heavenly ...

Pentagon fails audit for sixth year in a row

Abhinav Thawait

WASHINGTON, Nov 15 (Reuters) – The Pentagon failed an independent audit of its accounting systems for the sixth consecutive year, ...

Meta launches AI-based video editing tools

Brendan Martin

Meta AI logo is seen in this illustration taken September 28, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 16 ...

Exclusive: Applied Materials under US criminal probe for shipments to China’s SMIC-sources

Barbara Terrio

A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, ...

Toyota’s Camry, best-selling car in US, goes all-hybrid

Barbara Terrio

DETROIT, Nov 14 (Reuters) – The next generation of the Toyota Camry, the best-selling sedan in the U.S. market, will ...

Siemens Energy reviews wind unit set-up after $5 billion loss

Barbara Terrio

[1/3]Siemens Energy CEO Christian Bruch addresses the annual results press conference in Munich, Germany, November 15, 2023. REUTERS/Leo Simon Acquire ...

Chinese chipmaker YMTC sues Micron alleging patent infringement

Barbara Terrio

Micron Technology’s logo is seen on the U.S. chipmaker’s offices in Shanghai, China, May 25, 2023. REUTERS/Aly Song/File Photo Acquire ...

In very rare move, Pope dismisses conservative US bishop Strickland

Elaine Hadley

Pope Francis presides over the closing Mass at the end of the Synod of Bishops in Saint Peter’s Basilica at ...

Exclusive: Google in talks to invest in AI startup Character.AI -sources

Brendan Martin

An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. REUTERS/Arnd Wiegmann/File Photo Acquire ...