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Anthropic weighs fundraising for near $1 trillion valuation, FT reports
May 8 (Reuters) - Anthropic is weighing raising tens of billions of dollars this summer to fund a major expansion in computing capacity, a move that could lift its valuation to nearly $1 trillion and put it ahead of rival OpenAI, the Financial Times reported on Friday.
Reuters
Fri, May 8
Trump plans to bring a smaller CEO delegation to Beijing summit, sources say
US CEO delegation much smaller than Trump's 2017 tripUSTR reluctant to bring large CEO group to keep focus on 'managed trade'Last-minute invites reflect divisions in US administration: sourcesBy Laurie Chen and Michael Martina BEIJING/WASHINGTON, May 8 (Reuters) - The White House has ...
Reuters
Fri, May 8
Paraguay 'deeply values' Taiwan ties, president says in Taipei
TAIPEI, May 8 (Reuters) - Paraguay "deeply values" its relations with Taiwan and will continue to offer support, President Santiago Pena said on Friday as he was formally welcomed in Taipei by President Lai Ching-te.Paraguay is one of only 12 countries that maintain formal diplomatic relatio...
Reuters
Fri, May 8
Apple, Meta warn Canadian bill could force them to weaken encryption
Apple and Meta say Bill C-22 could require encryption backdoors, risking user securityMeta warns bill's broad powers and minimal oversight could endanger Canadians' safetyPublic Safety Canada says law won't require firms to create systemic vulnerabilitiesBy Stephen Nellis SAN FRANCISC...
Reuters
Fri, May 8
Olympics-International Olympic Committee lifts restrictions on Belarusian athletes
IOC lifts all restrictions on Belarusian athletes, including teamsRussian athletes remain restrictedBelarus Olympic Committee is Olympic Charter compliant, says IOCLAUSANNE, Switzerland, May 8 (Reuters) - The International Olympic Committee on Thursday lifted all restrictions on Belarusian athletes,...
Reuters
Fri, May 8
US CDC classifies hantavirus outbreak as 'level 3' emergency response, ABC News reports
May 7 (Reuters) - The U.S. Centers for Disease Control and Prevention has classified the hantavirus outbreak as 'level 3' emergency response, the lowest level of emergency activation, ABC News reported on Thursday citing sources.
Reuters
Fri, May 8
CME says platform facing technical, latency issues; conducting essential maintenance
May 7 (Reuters) - CME Group, the world's largest derivatives marketplace, said on Thursday it was investigating technical and latency issues that were affecting its platform's responsiveness. As a part of its investigation, CME CME.O said it will be conducting essential maintenance at 9:30...
Reuters
Fri, May 8
Scorpio Tankers Says Prices $200 Million Offering Of 1.75% Convertible Senior Notes Due 2031
May 7 (Reuters) - Scorpio Tankers Inc STNG.N:SCORPIO TANKERS INC. PRICES REOPENING OF 1.75% CONVERTIBLE SENIOR NOTES DUE 2031 AND CONCURRENT STOCK REPURCHASESCORPIO TANKERS INC - PRICES $200 MILLION OFFERING OF 1.75% CONVERTIBLE SENIOR NOTES DUE 2031
Reuters
Fri, May 8
Sumitomo Mitsui Trust Bank targeting $500 million for new aircraft lease fund
By Miho UranakaTOKYO, May 8 (Reuters) - Japan's Sumitomo Mitsui Trust Group 8309.T (SMTG) is planning to launch a new aircraft lease fund, aiming to raise $500 million from investors in Japan, Asia and the Middle East, an executive said.The launch marks the latest push to expand aircraft leasing...
Reuters
Fri, May 8
CME To Conduct Essential Maintenance At 2130 CT For Technical Issues In CME Direct
May 8 (Reuters) - CME Group Inc CME.O: DUE TO CURRENT TECHNICAL ISSUES IN CME DIRECT, WE WILL BE CONDUCTING ESSENTIAL MAINTENANCE AT 21:30 CT, DURING THIS PERIOD ALL USERS WILL BE DISCONNECTEDSAYS IN THE MEANTIME DURING MAINTENANCE, USE CLEARPORT 2.0 TO SUBMIT ANY BLOCK AND EFP DEAL
Reuters
Fri, May 8
US judge rules humanities grant terminations by DOGE were unlawful, discriminatory
Grant terminations involved 'blatant' discrimination, court findsDOGE lacked legal authority, judge saysRuling says terminations violated US Constitution's First and Fifth AmendmentsBy Kanishka Singh WASHINGTON, May 7 (Reuters) - A federal judge ruled on Thursday that the terminations...
Reuters
Fri, May 8
PRESS DIGEST-Financial Times - May 8
May 8 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- Meta claims Ofcom 'unprecedented' fining power is unlawful- NBA offers $3 billion to jump-start European basketball league-...
Reuters
Fri, May 8
Lifestance Health Group Announces Pricing Of Secondary Public Offering
May 7 (Reuters) - Lifestance Health Group Inc LFST.O:LIFESTANCE HEALTH GROUP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERINGLIFESTANCE HEALTH GROUP INC - PRICES SECONDARY OFFERING OF 35 MILLION SHARES AT $8.15 PER SHARE
Reuters
Fri, May 8
Trump to deliver remarks at Rose Garden on Friday, White House says
WASHINGTON, May 7 (Reuters) - U.S. President Donald Trump will deliver remarks in the Rose Garden at the White House on Friday at 1200 ET (1600 GMT), the White House said late on Thursday.The president's schedule released by the White House did not mention what the remarks would be about.
Reuters
Fri, May 8
BREAKINGVIEWS-India's overseas M&A rush risks official ire
By Shritama Bose MUMBAI, May 8 (Reuters Breakingviews) - India Inc's global M&A push is coming at an inopportune time for its government. Sun Pharmaceutical Industries SUN.NS last week agreed to buy U.S.-based Organon OGN.N for $11.8 billion, months after Tata Motors' TATM.NS $4.4 bil...
Reuters
Fri, May 8
Amazon cloud unit says data center overheating in North Virginia disrupts services
May 7 (Reuters) - Amazon's AMZN.O cloud unit, Amazon Web Services, said on Thursday it was working to restore normal temperatures at a data center in North Virginia after overheating disrupted some services.The incident caused a power loss that affected certain hardware, AWS said, adding that se...
Reuters
Fri, May 8
Principal eyes $3 billion for two data center funds on AI boom - Bloomberg News
-- Source link: https://tinyurl.com/24c2sz9a-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, May 8
Education tool Canvas hacked, multiple US college newspapers report
By Christian Martinez LOS ANGELES, May 7 (Reuters) - Education tool Canvas, used by schools, colleges and universities for grades and other class materials, was hacked, blocking students from accessing the application, multiple college student newspapers reported on Thursday.The Harvard Crimson r...
Reuters
Fri, May 8
Trump administration invites Nvidia, Boeing CEOs for China trip, report says
WASHINGTON, May 7 (Reuters) - The Trump administration is inviting CEOs from Nvidia NVDA.O, Apple AAPL.O, Exxon XOM.N, Boeing BA.N and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday.Executives from Qualcomm QCOM.O, Blackstone BX.N, Citigro...
Reuters
Fri, May 8
DoubleLine Capital's Jeffrey Gundlach takes longshot bet on US debt revamp with low coupons- Bloomberg News
-- Source link: https://tinyurl.com/mf87epe3-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, May 8
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