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By David Shepardson (Reuters) -The Federal Aviation Administration plans a third day of talks on Friday with airlines to temporarily reduce flights at New Jersey’s Newark Liberty International Airport after completing an intensive day of discussions seeking to reduce delays, officials said on Thursday. The FAA held four rounds of individual meetings with air carriers …

US FAA plans new round of talks with airlines to cut Newark flights Read More »

(This story has been corrected to change the title of Thomas Clark of Northstone Solar in paragraph 20) By Nichola Groom (Reuters) -Companies that put solar panels on U.S. homes say a Republican budget bill advanced in Congress this week would deal a massive blow to the industry by eliminating a generous subsidy for homeowners …

US rooftop solar companies say Republican House bill would be a major setback Read More »

By Priyanka G (Reuters) -Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, weighed by less-than-expected sales in the chipmaking equipment maker’s biggest segment amid uncertainties around export curbs. Shares of the Santa-Clara, California based company fell more than 5% in extended trading. Revenue from the semiconductor systems segment, the largest contributor to …

Applied Materials misses revenue estimate amid uncertainty over export controls Read More »

By Anna Tong SAN FRANCISCO (Reuters) -A group that opposed OpenAI’s restructuring wrote in a letter this week that the startup’s new organizational plan still does not go far enough to safeguard the ChatGPT creator from generating dangerous artificial intelligence technology. The letter dated May 12 was submitted to the California and Delaware attorneys-general by …

Group that opposed OpenAI’s restructuring raises concerns about new revamp plan Read More »

By Jaspreet Singh (Reuters) – CoreWeave shares closed 2.5% lower on Thursday as the company’s expanded cloud deal worth up to $4 billion with OpenAI failed to assuage investor worries over its hefty annual spending plans. The Nvidia-backed data center operator had on Wednesday said in its first earnings since going public in March it …

CoreWeave shares end lower as OpenAI deal fails to calm spending worries Read More »

By Jaiveer Shekhawat and Pritam Biswas (Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday. A block of approximately 25.5 million shares was divested on Tuesday, sold to JPMorgan for $80.68 each, according …

Thoma Bravo divests all its stake in exchange operator Nasdaq, source says Read More »

(Reuters) -Meta Platforms is delaying the release of its flagship “Behemoth” AI model due to concerns about its capabilities, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Company engineers are struggling to significantly improve the capabilities of its Behemoth large-language model, resulting in staff questions about whether improvements over earlier …

Meta delays release of its ‘Behemoth’ AI model, WSJ reports Read More »

(Reuters) -U.S. oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela’s state-run PDVSA, three sources close to the matter said. Washington in March revoked licenses and authorizations it had granted in recent years that allowed PDVSA’s foreign …

Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures Read More »

By Isabelle Yr Carlsson COPENHAGEN (Reuters) – The world’s first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk set to buy part of the production as a low-emission fuel for its fleet of container ships. The shipping sector is under pressure to find new sources of fuel after a majority …

World’s first commercial-scale e-methanol plant opens in Denmark Read More »