Saturday, November 16, 2024

Bussiness

Oracle gains as cloud infrastructure business gets AI boost

(Reuters) - Oracle shares jumped nearly 9% on Wednesday as investors cheered a boom in demand for the company's relatively low-cost cloud infrastructure services...

Move over, Ford and Chevy: Kei trucks are pulling up as customers opt for smaller, cheaper vehicles

Despite their limited and sometimes dubious legality, Kei trucks have soared in popularity. Kei truck exports from Japan to the U.S. have more than...

Inflation eased slightly in May, outperforming economists’ expectations

Consumer prices rose 3.3% in May compared to a year ago, easing slightly from the previous month and outperforming economists' expectations.The data arrived hours...

Canada risks ‘diplomatic isolation’ if it fails to meet NATO spending target, business leaders warn | CBC News

One of the country's leading business voices is warning that Canada faces "diplomatic isolation" if it's not prepared to deliver a concrete plan next...

Elon Musk unexpectedly drops legal action against OpenAI

Elon Musk has unexpectedly asked a California court to withdraw a legal case against OpenAI and its boss Sam Altman, which accused them of...

Skydance CEO David Ellison Tells Staff Company Is “Stronger” Thanks to Paramount Talks: “We Will Keep Building”

Skydance Media CEO David Ellison acknowledged in an email to staff Tuesday evening that the company will not be assuming control of Paramount, after...

Cognizant’s ambitious acquisition of Belcan raises questions

Cognizant would pay $1.19 billion...

What’s Next For Paramount After Skydance Merger Talks Fail

When David Ellison’s Skydance made a play for Paramount last fall it was how and when (not if) Shari Redstone would tie the knot....

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