By Kumar Tanishk and Adwitiya Srivastava Dec 5 (Reuters) – NEXTDC Ltd said on Friday it inked a memorandum of understanding with ChatGPT maker OpenAI to collaborate on the development of a hyperscale AI campus and graphics processing unit supercluster in Sydney, boosting its shares. Shares of the Queensland-headquartered data centre operator rose as much …
By Echo Wang Dec 5 (Reuters) – Meta has acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations, as the social media giant doubles down on efforts to build AI-enabled consumer hardware. “Meta recently announced a new vision to bring personal superintelligence to everyone and a key part of …
Dec 5 (Reuters) – Ford has recalled 108,762 vehicles in the U.S. over issues with an improperly secured liftgate hinge cover that could detach from the vehicles, the National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers certain 2020–2022 Escape and 2025 Escape models. Dealers will inspect and reinstall or replace …
Ford recalls nearly 109,000 vehicles, NHTSA says Read More »
Dec 5 (Reuters) – Netflix has agreed to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer. Buying the owner of marquee franchises, including “Game of Thrones”, “DC Comics” and “Harry Potter”, …
Dec 5 (Reuters) – Delta Air Lines said on Friday it had resumed operations at the Detroit airport after a brief ground stop for all its flights due to a technical connectivity issue. The carrier issued a travel waiver for passengers traveling through the airport on Friday and Saturday. A total of 36 flights were …
Delta resumes flights at Detroit after brief halt Read More »
WASHINGTON, Dec 5 (Reuters) – U.S. consumer sentiment improved in early December, but worries about high prices and the labor market persisted, a survey showed on Friday. The University of Michigan’s Surveys of Consumers said its Consumer Sentiment Index increased to 53.3 this month from a final reading of 51.0 in November. Economists polled by …
US consumer sentiment improves in early December Read More »
Dec 5 (Reuters) – Southwest Airlines cut its 2025 forecast for key profit metric EBIT on Friday, citing lower revenue due to the recent government shutdown and the impact from higher fuel prices. The company said it now expects its full-year earnings before interest and taxes to be about $500 million, compared with its previous …
Southwest Airlines lowers full-year EBIT forecast as government shutdown hits bookings Read More »
Dec 5 (Reuters) – Netflix has agreed to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer. Buying the owner of marquee franchises, including “Game of Thrones”, “DC Comics” and “Harry Potter”, …
Dec 5 (Reuters) – Paramount Skydance had offered $30 per share for Warner Bros Discovery, CNBC reported on Friday, citing sources. (Reporting by Zaheer Kachwala in Bengaluru)
Dec 5 (Reuters) – Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer that has upended the media industry. KIM FORREST, CHIEF INVESTMENT OFFICER AT BOKEH CAPITAL …
