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(Reuters) -Google will heavily discount cloud computing services for the United States government, in a deal that could be finalised within weeks, the Financial Times reported on Friday, amid President Donald Trump’s efforts to implement sweeping measures to minimize federal spending. The Wall Street Journal reported last week that Oracle will offer federal agencies a …

Google to discount cloud computing services for US government, FT reports Read More »

By Abhirup Roy (Reuters) -Tesla has yet to apply for regulatory permits it needs to operate driverless taxis in California, two state regulators said on Thursday, a day after CEO Elon Musk said the company would expand its robotaxis to the San Francisco Bay Area within two months. “To date, Tesla has not applied for …

Tesla has not yet applied for robotaxi permits in California, state regulators say Read More »

By Gabriel Araujo and Allison Lampert SAO PAULO (Reuters) -Private jet operator Flexjet, a key U.S. customer of Embraer, suggested on Thursday it would stand by a record deal with the Brazilian planemaker despite turmoil from fresh trade tensions between the U.S. and the South American country. U.S. President Donald Trump said on Wednesday he …

US private jet buyer backs record Embraer deal as tariff turmoil hits Brazil planemaker Read More »

By Fabio Teixeira, Ricardo Brito and Luciana Magalhaes BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump’s threat of 50% tariffs on Brazilian exports, but vowed to reciprocate like-for-like if they take effect on August 1. “We’ll first try to negotiate, but …

Brazil’s Lula pledges retaliation to Trump tariffs but keeps diplomacy open Read More »

By Jody Godoy WASHINGTON (Reuters) -U.S. antitrust enforcers greenlit T-Mobile’s $4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach to corporate consolidation than its predecessor. The U.S. Department of Justice’s antitrust division said it was closing its investigation without seeking to block the …

Justice Department to allow T-Mobile’s $4.4 billion acquisition of UScellular Read More »

By Raphael Satter WASHINGTON (Reuters) -Philadelphia-based law firm Dechert said on Thursday that a pair of U.S. lawsuits accusing it of using hired hackers to win in court have been resolved without any admission of liability.  Dechert and others, including U.S. public relations operatives and a private investigator, were sued in federal court in Manhattan …

Law firm Dechert says lawsuits accusing it of using hired hackers have been resolved Read More »

NEW YORK (Reuters) -A top U.S. securities regulator known for her supportive stance on the cryptocurrency industry said on Wednesday that new models for trading securities known as “tokenization” must still meet regulations for other securities. Hester Peirce, a Republican commissioner on the Securities and Exchange Commission who has been nicknamed “crypto mom,” said in …

SEC’s ‘crypto mom’ says tokenized securities are still securities Read More »

(Reuters) -Florida Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have misled customers by promoting itself as the least expensive way to buy cryptocurrencies. The AG’s office said in a statement that it issued a subpoena to the unit of Robinhood Markets to obtain internal documents …

Florida AG probes Robinhood Crypto over claims of low-cost trading Read More »

(Reuters) -Flutter Entertainment will buy Boyd Gaming’s 5% stake in FanDuel in a deal worth about $1.76 billion, giving it complete ownership of the online betting operator, the companies said on Thursday. The deal gives FanDuel an implied valuation of about $31 billion, Flutter said in a statement. The deal comprises a $1.55 billion consideration …

Flutter to buy Boyd Gaming’s 5% FanDuel stake in $1.76 billion deal Read More »