(Reuters) -Meta Platforms launched a new feed of AI videos, called Vibes, as the social media giant looks to fast-track work on artificial intelligence technology. Vibes, a platform where users can create and share short-form, AI-generated videos, will be rolled out to the Meta AI app and on the meta.ai website starting on Thursday. Users …
(Reuters) -The U.S. State Department has approved the potential sale of AIM-120D-3 advanced medium range air-to-air missiles to Germany for an estimated $1.23 billion, the Pentagon said in a statement on Thursday. The principal contractor for the sale is RTX Corp, the Pentagon said. (Reporting by Ryan Patrick Jones in Toronto)
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google is likely to be hit with its first fine under landmark new EU tech rules in the coming months, and the European Commission is now drafting its decision, three people with direct knowledge of the matter said. Acting as the EU’s competition enforcer, the Commission handed Google …
BELGRADE (Reuters) -The U.S. will impose sanctions from October 1 on Serbia’s Russian-owned oil company NIS, which operates the only oil refinery in the Balkan country, President Aleksandar Vucic said on Thursday. The U.S. Treasury’s Office of Foreign Assets Control initially placed sanctions on Russia’s oil sector on January 10, and gave Gazprom Neft 45 …
US to impose sanctions on Serbia’s Russian-owned NIS, Vucic says Read More »
LONDON (Reuters) -Britain’s government is considering providing financial support for carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source said on Thursday. The luxury carmaker owned by India’s Tata Motors has three factories in Britain that together produce about 1,000 cars per day. The company …
Britain considers support for Jaguar Land Rover’s suppliers Read More »
By Timothy Gardner NEW YORK (Reuters) -U.S. Energy Secretary Chris Wright said in an interview on Thursday that reducing Russia’s natural gas sales to Europe is the “most immediate hammer” Washington has to pressure Moscow into ending the war in Ukraine. Wright, who spent nearly a week in Europe this month, said cutting Russia’s gas …
Shrinking Russia’s gas sales key to pressure Moscow, US energy secretary says Read More »
By Juveria Tabassum and Waylon Cunningham (Reuters) -Starbucks said on Thursday it would close underperforming stores in North America, including its iconic Seattle roastery, as CEO Brian Niccol presses ahead with his restructuring effort, which is expected to cost $1 billion in a bid to revive the company’s flagging sales. The coffee chain’s overall U.S. …
By Luciana Magalhaes SAO PAULO (Reuters) -Shares in Brazilian waste management company Ambipar plunged on Thursday after it secured a preliminary injunction from a Rio de Janeiro state court temporarily preventing the accelerated maturity of its debt. The move added to ongoing concerns about the company’s management turnover and leverage, according to analysts at UBS. …
Brazil’s Ambipar gets court protection in debt dispute, shares dive Read More »
GDANSK (Reuters) -LPP, Poland’s biggest fashion retailer, plans to open 200 to 250 new stores across all its brands in the third quarter and 400 to 450 Sinsay stores in the fourth quarter, CFO Marcin Bójko told a conference call on Thursday. The group opened 296 stores in the second quarter, 253 of which were …
Polish fashion retailer LPP plans to open 200-250 stores in 3rd quarter Read More »
By Jonathan Stempel (Reuters) -Google and app developer Flo Health will pay $56 million to settle a class action claiming they violated the privacy of millions of Flo app users by collecting information about their menstrual health cycles and using it for targeted advertising. Settlement terms were disclosed late Tuesday in San Francisco federal court, …
Google, Flo Health to pay $56 million in period-tracking app privacy case Read More »
