Reuters US Top

By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs by tech firms this year. Shares of the networking equipment maker fell more than 5% …

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast Read More »

By Jonathan Stempel (Reuters) – Match Group was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The League are designed to addict users, generating more profit for the company, rather than help them establish relationships. The plaintiffs said Match’s “predatory” business model defrauds those looking for love …

Tinder, other Match dating apps encourage compulsive use, lawsuit claims Read More »

By Raphael Satter WASHINGTON (Reuters) -A U.S. government data breach disclosed earlier this year was tied to a bug in enterprise software maker Atlassian’s Confluence suite of collaboration tools, an IT contractor said on Tuesday. CGI Federal, an IT contractor and unit of CGI Inc, said in a statement that it was working “with authorities …

IT contractor CGI Federal says US government data breach was tied to Atlassian bug Read More »

By Helen Coster NEW YORK (Reuters) -The Kansas City Chiefs’ overtime defeat of the San Francisco 49ers in the Super Bowl, with Taylor Swift cheering in the stands, drew a record 123.7 million U.S. viewers, according to Nielsen estimates on Tuesday. It was not only the largest viewership recorded in the 58-year-history of the Super …

Super Bowl smashes US viewership record, highest since moonwalk broadcast Read More »

By Humeyra Pamuk and Simon Lewis WASHINGTON (Reuters) – The United States is reviewing reports that Israel has harmed civilians in its war in Gaza under a set of guidelines aimed at ensuring countries receiving U.S. arms conduct military operations in line with international humanitarian law, State Department spokesperson Matthew Miller said on Tuesday. The …

U.S. reviewing reports of civilian harm by Israel, State Dept says Read More »

By Dietrich Knauth (Reuters) – The U.S. Internal Revenue Service on Tuesday sued the Federal Deposit Insurance Corporation, asking a judge to determine how much the FDIC must pay to cover an estimated $1.45 billion tax debt owed by the failed Silicon Valley Bank. The FDIC, which seized SVB and its assets in March 2023, …

IRS sues FDIC over Silicon Valley Bank’s $1.4 billion tax debt Read More »

YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in subzero temperatures to maintain the hulking vessels during the bitter Siberian winter. The process of ‘vymorozka,’ which roughly translates as ‘freezing out,’ is backbreaking and tedious work that takes weeks in some of the world’s …

‘The hardest job in the world’: Siberian shipyard workers brave freezing cold Read More »

By Hannah Lang and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Bitcoin hit the $50,000 level for the first time in more than two years as the world’s largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month’s regulatory nod for U.S. exchange-traded funds designed to track its price. The cryptocurrency has …

Bitcoin hits $50k level for first time in more than two years Read More »

By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden said on Monday the United States is pushing for a six-week pause in the fighting between Israel and Hamas in Gaza as a stepping stone toward a longer ceasefire. Biden and Jordan’s King Abdullah spoke after the two longtime allies held talks in …

Biden says he is pushing for six-week Gaza pause Read More »