Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. ...
Tag: business news
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
Siete Foods Tortilla ChipsCourtesy: Siete FoodsPepsiCo said Tuesday that it's buying Mexican American food company Siete Foods for $1.2 billion, ...
Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
Charles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years leading the ...
With shares at 10-year lows, Assassin’s Creed maker Ubisoft faces questions over its future
Ubisoft postponed the release of the next title in its popular "Assassin's Creed" game franchise — called "Assassin's Creed Shadows" ...
Google to invest $1 billion in Thailand to build data center and accelerate AI growth
An illuminated Google logo is seen inside an office building in Zurich, Switzerland.Arnd Wiegmann | ReutersGoogle announced Monday it is ...
Watch Fed Chair Jerome Powell speak live on economy, policy views
Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization's ...
EchoStar’s Dish sale marks disappointing end to Charlie Ergen’s ‘Seinfeld’ strategy
Dish's Charles ErgenAndrew Harrer | Bloomberg | Getty ImagesDish's "Seinfeld" strategy appears to have ended quite like the actual show ...
AI chipmaker Cerebras files for IPO to take on Nvidia
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024.Ramsey Cardy ...
China stocks just had their best day in 16 years, sending related U.S. ETFs soaring
A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024.Cfoto ...
Bitcoin and crypto stocks sink after last week’s rally, but still head for a positive September
Bitcoin.Nurphoto | Getty ImagesBitcoin and crypto stocks retreated on the final trading day of September, following a rally last week, ...
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