By Stephen Nellis and Aditya Soni SAN FRANCISCO/BENGALURU (Reuters) -Nvidia’s revenue forecast on Wednesday raised questions over whether the artificial intelligence boom is waning. But the answer, according to company executives, analysts and investors, is a resounding no. Shares of the chipmaker rose nearly 4% to a record high on Thursday, before falling about 2% […]
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars. The Alliance for Automotive Innovation in a previously unreported Nov. 12 letter to Trump […]
Exclusive-Amazon likely to face investigation under EU tech rules next year, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build up a case under landmark rules, people with direct knowledge of the matter said. The U.S. online retailer could face a fine of […]
Crypto industry jockeys for seats at Trump’s promised council
By Hannah Lang (Reuters) – A slew of crypto companies including Ripple, Kraken and Circle are jostling for a seat on President-elect Donald Trump’s promised crypto advisory council, seeking a say in his planned overhaul of U.S. policy, according to several digital asset industry executives. Campaigning at a July bitcoin conference in Nashville, Trump promised […]