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Markets

Intel launches new AI chips, challenging Nvidia’s market

Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register JERUSALEM/SAN FRANCISCO, May 10 (Reuters) – Intel Corp (INTC.O) on Tuesday launched a new […]

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Internet

Russia downed satellite internet in Ukraine -Western officials

US: Russian hack aimed at disrupting Ukrainian communications UK: Hack was ‘deliberate and malicious’ EU: Attack on Viasat caused ‘indiscriminate’ outages Russia routinely denies it carries out cyberattacks NEWPORT, Wales, May 10 (Reuters) – Russia was behind a massive cyberattack against a satellite internet network which took tens of thousands of modems offline at the […]

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Business

S&P 500, Nasdaq end up but investors cautious before inflation data

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 9, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” NEW YORK, May 10 (Reuters) – The […]

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Business

Investors think unlikely Musk buys Twitter at agreed $44 bln price

May 10 (Reuters) – The stock market took the view for the first time on Tuesday that it was unlikely that Elon Musk will acquire Twitter Inc (TWTR.N) for $44 billion, as he originally agreed. The implied probability of the deal closing at that price fell below 50% when Twitter shares hit $46.75, based on […]

Categories
Mobile

Gay dating app Grindr to go public in $2.1 billion SPAC deal

May 9 (Reuters) – Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm – a deal that values ​​it at $2.1 billion and features Tiga Investments CEO Raymond Zage on both sides of the transaction. Grindr said its existing shareholders would own 78% of the […]