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Intel’s new CEO tells customers ‘be brutally honest with us’ 

By Stephen Nellis SAN FRANCISCO (Reuters) – In his first remarks as Intel’s new CEO, Lip-Bu Tan on Monday outlined a leaner version of the iconic American chipmaker in which he would work directly with engineers to develop new products based on feedback from the company’s customers. Tan earlier this month took over at Intel, …

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AI-powered cybersecurity firm ReliaQuest valued at $3.4 billion in latest funding round

-AI-powered cybersecurity firm ReliaQuest said on Monday it has raised more than $500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at $3.4 billion. Investor enthusiasm for artificial intelligence has been strong as businesses race to integrate AI-driven efficiencies into their operations, while rapidly increasing sophisticated cyberattacks have boosted …

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IMF’s Georgieva says initial signs from US on digital deregulation are encouraging

By Andrea Shalal, David Lawder WASHINGTON (Reuters) -Initial signs from the Trump administration on its plans to deregulate digital assets are “quite encouraging,” International Monetary Fund Managing Director Kristalina Georgieva said in a Reuters NEXT Newsmaker interview on Monday.  “There has been some overdose regulation in some cases,” Georgieva said, citing what she called underwhelming …

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US embassies tell suppliers to comply with Trump ban on diversity policies

MADRID/WASHINGTON (Reuters) -The Trump administration has warned suppliers to U.S. embassies and consulates as well as recipients of U.S. grants worldwide that they must comply with its ban on Diversity, Equity and Inclusion (DEI) programmes or risk losing payments. Suppliers for U.S. diplomatic missions have been told to confirm compliance with the DEI crackdown in …

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Fed officials cautious on rates amid tariff-related inflation risks

By Michael S. Derby and Ann Saphir NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Monday that monetary policy is “well positioned” for what the economy might do this year, as he acknowledged there are risks that inflation could once again heat up.  “Monetary policy is moderately restrictive,” Williams said in …

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Warner Bros Discovery to add General Atlantic’s Anton Levy to its board

(Reuters) – Warner Bros. Discovery said on Monday it plans to add General Atlantic’s Anton Levy as an independent director to its board. Shares of the company rose over 1% after the bell. Levy, currently serving as an advisory director at General Atlantic, was earlier its co-president and has led the private-equity firm’s investments in …

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Argentina poverty levels slide, though many still feel the pinch

By Miguel Lo Bianco and Juan Carlos Bustamante BUENOS AIRES (Reuters) -Argentina’s poverty rate fell sharply in the second half of 2024, the government’s INDEC statistics agency said on Monday, a turnaround for libertarian President Javier Milei after his shock austerity had initially plunged millions into hardship. The 38.1% rate was down from an eye-watering …

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