Business News – Page 41 – The paper fuel business magazine uk

16Jan

eBay unveils first climate transition plan, targets net-zero emissions by 2045

London: E-commerce company eBay unveiled its first climate transition plan on Wednesday and said it would ramp up efforts to decarbonize its operations and supply chain as part of a…

16Jan

Trump says Venezuela should stay in OPEC, unsure if it helps US

Washington: President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or OPEC, but added…

16Jan

ASML Hits $500B Valuation as TSMC Boosts AI Chip Spending

Amsterdam: ASML, the world's biggest maker of equipment used to manufacture computer chips, crossed $500 billion in market value for the first time on Thursday, after top customer TSMC announced…

15Jan

US judge dismisses CrowdStrike shareholder lawsuit over July 2024 global outage

A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded them by concealing ‌its inadequate software testing and quality assurance procedures, before a July 2024…

15Jan

Infosys Raises Revenue Forecast, Signals Strong Demand Outlook

Bengaluru: India's No. 2 software services exporter Infosys unexpectedly raised its revenue forecast on Wednesday and signaled a healthy demand outlook, citing steady discretionary tech spending and renewed momentum in…

15Jan

US Senate delays crypto bill talks after Coinbase CEO pushback

The United States Senate Banking Committee said on Wednesday it postponed a discussion of draft legislation that would create a regulatory framework for cryptocurrencies, hours after Coinbase CEO Brian Armstrong…

15Jan

Boeing reaches tentative settlements in related 737 MAX crash lawsuits

Boeing has reached tentative settlements with a Canadian man who lost six relatives in the 2019 crash of an Ethiopian Air 737 MAX jet shortly after takeoff. A jury had…

15Jan

TSMC Q4 profit jumps 35%, beats forecasts on AI chip demand

Taipei: TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, on Thursday posted a 35% jump in fourth-quarter profit to record levels that handily…

15Jan

OpenAI signs $10 billion computing deal with Cerebras

OpenAI will purchase up to 750 megawatts of computing power over three years from chipmaker Cerebras as the ChatGPT maker looks to pull ahead in the AI race and meet…

15Jan

Honeywell Plans Confidential U.S. IPO Filing for Quantum Unit Quantinuum

Industrial company Honeywell said on Wednesday it plans for its ‌majority-owned quantum computing unit Quantinuum to confidentially file draft initial public offering papers with the U.S. securities regulator. Quantinuum's IPO…

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