SEOUL (Reuters) – South Korea’s largest music label Hybe Co, behind K-Pop supergroup BTS, said on Monday it acquired the music label of Spanish-language media company Exile Content in its[...]
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Wall Street Soars, Fueled by Tech as Treasury Yields Calm
By Lewis Krauskopf, Amruta Khandekar and Shristi Achar A (Reuters) – Wall Street’s main indexes ended with big gains on Friday, boosted by heavyweight tech and growth stocks as Treasury yi[...]
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Meta Strikes Deal With Tencent to Sell VR Headset in China – WSJ
(Reuters) – Meta Platforms struck a deal with Tencent Holdings to sell a new, low-cost virtual-reality (VR) headset in China in a return to a market where Facebook and Instagram are blocked, the[...]
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Goldman Sachs developing dozen generative AI projects -exec
By Saeed Azhar and David French NEW YORK (Reuters) – Goldman Sachs is working on a dozen projects which will incorporate generative artificial intelligence into its business practices, a senior[...]
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Nike sues New Balance, Skechers for patent infringement over sneaker technology
By Blake Brittain (Reuters) -Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike’s technology for ma[...]
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Chipmaker NXP forecasts profit above estimates on resilient auto, industrial
(Reuters) – Chipmaker NXP Semiconductors forecast fourth-quarter profit above Wall Street targets on Monday, expecting a resilient automotive market and stable industrial demand to offset weakne[...]
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Disney taps PepsiCo veteran Johnston as CFO
(Reuters) – Walt Disney on Monday hired PepsiCo veteran Hugh Johnston as its chief financial officer, strengthening top boss Bob Iger’s hands as he tries to turn around the media giant fac[...]
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Elon Musk expected to attend global AI summit in UK – source
LONDON (Reuters) – Billionaire entrepreneur Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringi[...]
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Strong ad sales, stable enterprise spending wind beneath Big Tech earnings
By Yuvraj Malik and Zaheer Kachwala (Reuters) – U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but i[...]
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