News
Important Only
Databricks raises $5 billion in latest funding, defying software selloff
Company plans to use funds to accelerate AI database, Genie assistantJPMorgan Chase leads $2 billion debt financingDatabricks' AI products cross $1.4 billion in annualized revenueBy Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fun...Reuters
7 minutes ago
Amazon plans to launch AI content marketplace, The Information reports
Feb 9 (Reuters) - Amazon AMZN.O has signaled to publishing industry executives that it is planning to launch a marketplace where publishers can sell their content to firms offering artificial intelligence products, The Information reported on Monday. Ahead of an Amazon Web Services conference on Tue...Reuters
7 minutes ago
Meta, YouTube design apps to addict kids, jury hears as landmark trial begins
California woman seeks damages for mental health injuriesCase is one of thousands claiming youth harmMeta CEO Zuckerberg expected to testify for defenseBy Jody Godoy LOS ANGELES, Feb 9 (Reuters) - Meta Platforms and YouTube deliberately designed products they knew would addict children, a lawyer ...Reuters
10 minutes ago
US to cut $600 million in public health grants to Democratic-led states, Bloomberg News reports
Feb 9 (Reuters) - The U.S. Department of Health and Human Services is expected to cut about $600 million in public health grants to California, Minnesota, Illinois and Colorado because they do not align with the White House's priorities, Bloomberg News reported on Monday, citing people familiar ...Reuters
27 minutes ago
Spring Valley Acquisition Corp. IV Announces Pricing Of $200 Million Initial Public Offering
Feb 9 (Reuters) - Spring Valley Acquisition Corp III SVAC.O:SPRING VALLEY ACQUISITION CORP. IV ANNOUNCES PRICING OF $200 MILLION INITIAL PUBLIC OFFERINGSPRING VALLEY ACQUISITION CORP IV - PRICES IPO AT $10 PER UNITReuters
27 minutes ago
US Labor board gives up oversight of SpaceX in victory for Musk, Bloomberg News reports
Feb 9 (Reuters) - The U.S. labor board is abandoning a years-long legal battle against Elon Musk's SpaceX and signaling it will steer clear of future cases against the company, Bloomberg News reported on Monday, citing a letter from the board.Two years after issuing a complaint accusing the aero...Reuters
30 minutes ago
US says it struck vessel in eastern Pacific, killing two
Feb 9 (Reuters) - The U.S. military on Monday said it launched a strike on a vessel in the eastern Pacific, killing two people and leaving one survivor, the latest such incident. President Donald Trump's administration has touted its success in recent weeks at taking out suspected drug trafficki...Reuters
32 minutes ago
Trump threatens to bar the new US-Canada bridge from opening, demands talks with Ottawa
Trump demands compensation and respect from CanadaGordie Howe Bridge funded by Canada, nearing completionBridge to ease truck traffic, save $2.3 billion over 30 yearsBy David Shepardson WASHINGTON, Feb 9 (Reuters) - U.S. President Donald Trump on Monday threatened to bar the new $4.6 billion brid...Reuters
an hour ago
Canada's Silvercorp Q3 revenue jumps 51% yr/yr
OverviewCanada mining firm's fiscal Q3 revenue rose 51% yr/yr to a record of $126.1 mlnAdjusted net income for Q3 more than doubled yr/yr to $47.9 mlnCompany reported record cash flow from operations of $132.9 mln, up $88.1 mln yr/yrOutlookSilvercorp expects Ying Mining District mines to close f...Reuters
an hour ago
Trump administration proposes new Obamacare rules for 2027 with higher deductibles
By Ahmed Aboulenein and Sneha S KWASHINGTON, Feb 9 (Reuters) - The Trump administration proposed on Monday new Obamacare rules for 2027, allowing insurers to offer new kinds of long-term catastrophic policies, plans with low premiums but significantly higher out-of-pocket costs that would be used t...Reuters
an hour ago
Consensus Cloud Solutions' prelim Q4 revenue slightly beats estimates
OverviewDigital cloud fax provider's preliminary Q4 revenue slightly beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectations, driven by reduced marketing spendCompany repurchased approx. 1 mln shares and reduced debt by $36 mln in 2025OutlookConsensus Cloud Solutions projects Q...Reuters
an hour ago
Amazon discusses AI content marketplace with publishers, The Information reports
Feb 9 (Reuters) - Amazon AMZN.O has signaled to publishing industry executives that it is planning to launch a marketplace where publishers can sell their content to firms offering artificial intelligence products, The Information reported on Monday. Ahead of an Amazon Web Services conference on Tue...Reuters
an hour ago
US DOJ lawyer hit with bar complaint over search of reporter’s home
By Jan WolfeFeb 9 (Reuters) - A press freedom organization has urged Virginia's attorney licensing body to discipline a federal prosecutor who applied for a warrant last month to search the home of a Washington Post reporter.In a February 6 letter to the Virginia State Bar, Freedom of the Press ...Reuters
2 hours ago
US plans Big Tech carve-out from next chip tariffs, FT reports
Feb 9 (Reuters) - U.S. President Donald Trump's administration plans to spare firms such as Amazon AMZN.O, Google GOOGL.O and Microsoft MSFT.O from upcoming tariffs on chips as they build AI data centers, the Financial Times reported on Monday, citing people familiar with the matter. The carve-o...Reuters
2 hours ago
Immigration judge rejects Trump effort to deport pro-Palestinian Tufts student
By Nate Raymond BOSTON, Feb 9 (Reuters) - An immigration judge has rejected the Trump administration's efforts to deport Tufts University PhD student Rumeysa Ozturk, who was arrested last year as part of its targeting of pro-Palestinian campus activists, her lawyers said on Monday.Lawyers for...Reuters
2 hours ago
Olympics-Figure skating-Chock, Bates shrug off rhythm-dance deficit before free-dance showdown
By Rory Carroll MILAN, Feb 9 (Reuters) - Americans Madison Chock and Evan Bates brushed off a razor-thin second-place finish in the rhythm dance on Monday, insisting they are right where they want to be heading into the free-dance showdown that will decide the Olympic ice dance medals.Just 24 hou...Reuters
2 hours ago
Olympics-Ice hockey-US, Canada group stage meeting promises intensity in Milan
By Amy Tennery MILAN, Feb 10 (Reuters) - The U.S. and Canada will be "out for blood" as they renew their rivalry at the Milano Cortina Games, U.S. veteran Alex Carpenter told reporters on Monday, with an upcoming group stage game that has the feel of a championship contest.The only teams ...Reuters
2 hours ago
