News
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xAI Announces Grok For Government - A Suite Of Products That Make Frontier Models Available To United States Government Customers
July 14 (Reuters) - XAI - ANNOUNCING GROK FOR GOVERNMENT - A SUITE OF PRODUCTS THAT MAKE OUR FRONTIER MODELS AVAILABLE TO UNITED STATES GOVERNMENT CUSTOMERSSource text: https://tinyurl.com/yrd494urReuters
Mon, Jul 14
Trump warns of severe tariffs on Russia if no Ukraine deal in 50 days
WASHINGTON, July 14 (Reuters) - President Donald Trump said on Monday that the United States will impose "very severe tariffs" on Russia in 50 days if there is no deal to stop the war in Ukraine.Sitting side-by-side with NATO Secretary General Mark Rutte in the Oval Office, Trump told report...Reuters
Mon, Jul 14
Ukraine's defence minister says he met with US envoy in Kyiv
KYIV, July 14 (Reuters) - Ukrainian defence minister Rustem Umerov said on Monday that he met with U.S. special envoy Keith Kellogg in Kyiv, where the two discussed joint weapons production in Ukraine and Europe, the Ukrainian army's battlefield needs and sanctions on Russia.Reuters
Mon, Jul 14
Zuckerberg says Meta will invest hundreds of billions in superintelligence
July 14 (Reuters) - Meta META.O CEO Mark Zuckerberg said on Monday the company would invest hundreds of billions of dollars into compute to build superintelligence, after social media giant unveiled its newly created AI initiative Meta Superintelligence Labs.Reuters
Mon, Jul 14
Meta CEO Mark Zuckerberg Says Going To Invest Hundreds Of Billions Of Dollars Into Compute To Build Superintelligence- Threads
July 14 (Reuters) - Meta Platforms Inc META.O:META CEO MARK ZUCKERBERG: GOING TO INVEST HUNDREDS OF BILLIONS OF DOLLARS INTO COMPUTE TO BUILD SUPERINTELLIGENCEMETA CEO MARK ZUCKERBERG: HAVE THE CAPITAL FROM OUR BUSINESS TO DO INVESTMENTMETA CEO MARK ZUCKERBERG: FOR OUR SUPERINTELLIGENCE EFFORT, F...Reuters
Mon, Jul 14
China steps in as US pulls back from diplomacy, report says
As US cuts food, health aid, China offers rice, financingTrump administration says cuts target waste, put 'America first'China involved in Vietnamese railroads, rice in Uganda, Latin American infrastructure By Patricia Zengerle WASHINGTON, July 14 (Reuters) - China is increasing its diplo...Reuters
Mon, Jul 14
GM to produce lower-cost battery cells at Tennessee plant
By Nora Eckert DETROIT, July 14 (Reuters) - General Motors GM.N is planning to produce lower-cost battery cells at its joint-venture plant with South Korea's LG Energy Solution 373220.KS in Tennessee.The Detroit automaker is rolling out production of lithium-iron-phosphate (LFP) batteries, a ...Reuters
Mon, Jul 14
US judge rejects lawyers' $94 million fee bid in auto parts pricing case
By Mike Scarcella July 14 (Reuters) - A U.S. judge has declined to approve $94 million in additional legal fees for a group of attorneys who already collected more than $269 million in fees for securing $1.2 billion in settlements with auto parts makers.Chief U.S. District Judge Sean Cox in Detro...Reuters
Mon, Jul 14
Musk suggests Tesla investor vote on xAI investment, rules out merger
Shareholders to vote if Tesla can invest in xAI, Musk saysMusk deepens Tesla-xAI ties, but does not support mergerTesla sets annual shareholder meeting for November 6 By Deborah Mary Sophia July 14 (Reuters) - Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a sharehol...Reuters
Mon, Jul 14
Boxing-Taylor-Serrano trilogy could launch women's boxing into new era
By Frank Pingue July 14 (Reuters) - The highly anticipated trilogy fight between Katie Taylor and Amanda Serrano at the weekend was not only a win for the sport but could ultimately prove to be a game-changing moment for women's boxing.The highest-profile rivalry in women's boxing, one f...Reuters
Mon, Jul 14
LinkedIn settles antitrust lawsuit, agrees to contracting changes
By Mike ScarcellaJuly 14 (Reuters) - Business social network LinkedIn has agreed to make temporary changes to its contracting practices to settle a lawsuit by U.S. users who claimed it schemed to prevent potential rivals from entering the market.The preliminary class action settlement, which does no...Reuters
Mon, Jul 14
Mexico to file defamation suit against lawyer of El Chapo's son
MEXICO CITY, July 14 (Reuters) - Mexican President Claudia Sheinbaum said on Monday that her government would file suit against the lawyer of Ovidio Guzman Lopez, son of drug lord "El Chapo," for defamation.Sheinbaum has publicly sparred with the lawyer, Jeffrey Lichtman, as Guzman Lopez ple...Reuters
Mon, Jul 14
Mexico has done its part in fentanyl fight, president says
MEXICO CITY, July 14 (Reuters) - Mexico has done its part in the fight against fentanyl and the U.S. must do its part, Mexican President Claudia Sheinbaum said on Monday during her regular morning press conference. U.S. President Donald Trump on Saturday threatened to impose a 30% tariff on imports ...Reuters
Mon, Jul 14
Iranian lawmaker says military measures regarding Strait of Hormuz finalised, no decision yet to close it
DUBAI, July 14 (Reuters) - Hardline Iranian lawmaker Esmail Kosari said military measures concerning the Strait of Hormuz have been finalised but no decision has yet been made regarding its (closure) and the matter is still under review, Iran's state media cited him as saying on Monday.Reuters
Mon, Jul 14
Huntington Bancshares signs $1.9 billion deal for rival Veritex in Texas push
By Arasu Kannagi Basil and Pritam BiswasJuly 14 (Reuters) - U.S. regional lender Huntington Bancshares HBAN.O will buy Texas-based smaller rival Veritex Holdings VBTX.O in a $1.9 billion all-stock deal, as it looks to expand its presence in the state that is fast emerging as a major financial hub. ...Reuters
Mon, Jul 14
Five EU states to test age verification app to protect children
By Foo Yun Chee BRUSSELS, July 14 (Reuters) - France, Spain, Italy, Denmark and Greece will test a blueprint for an age verification app to protect children online, the European Commission said on Monday, amid growing global concern about the impact of social media on children's mental health...Reuters
Mon, Jul 14
Moonvalley raises $84 million to bolster AI video tools
July 14 (Reuters) - Artificial intelligence research company Moonvalley has raised $84 million more in a funding round led by existing investor General Catalyst, it said on Monday, a week after releasing its first video AI model. WHY IT'S IMPORTANT Tech heavyweights including OpenAI and Alphabet...Reuters
Mon, Jul 14
Merck & Co Advances Mk-8527 Pre-Exposure Prophylaxis (Prep) Clinical Trials Globally
July 14 (Reuters) - Merck & Co Inc MRK.N:MERCK TO INITIATE PHASE 3 TRIALS FOR INVESTIGATIONAL ONCE-MONTHLY HIV PREVENTION PILLMERCK & CO INC: ADVANCES MK-8527 PRE-EXPOSURE PROPHYLAXIS (PREP) CLINICAL TRIALS GLOBALLYReuters
Mon, Jul 14
