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Amazon.com joins push for nuclear power to meet data center demand

UPDATE 1-Amazon.com joins push for nuclear power to meet data center demand Adds comment from U.S. Senator Mark Warner, paragraph 15 By Timothy Gardner WASHINGTON, Oct 16 (Reuters) - Amazon.com AMZN.O said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors, becoming the latest big tech company to push for new sources to meet surging electricity demand from data centers.
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Amazon.com joins push for nuclear power to meet data center demand

Amazon.com joins push for nuclear power to meet data center demand By Timothy Gardner WASHINGTON, Oct 16 (Reuters) - Amazon.com AMZN.O said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors, becoming the latest big tech company to push for new sources to meet surging electricity demand from data centers.
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Nuclear renaissance must still solve for spent fuel: Ross Kerber

COLUMN-Nuclear renaissance must still solve for spent fuel: Ross Kerber The opinions expressed here are those of the author, a columnist for Reuters. This column is part of the weekly Reuters Sustainable Finance newsletter, which you can sign up for here By Ross Kerber Oct 16 (Reuters) - As nuclear power companies gear up to revive old reactors and build a generation of new ones to meet burgeoning power demands for artificial intelligence, cryptocurrency and electric vehicles, they still face a
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Futures steady, Nasdaq higher as markets await bank earnings

US STOCKS-Futures steady, Nasdaq higher as markets await bank earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: Dow down 0.07%, S&P 500 up 0.05%, Nasdaq up 0.18% Oct 16 (Reuters) - Dow and S&P 500 futures remained steady on Wednesday, while Nasdaq 100 futures rose slightly following a tech and oil stock selloff in the previous session, as investors awaited quarterly results from Morgan Stanley and other banks.
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AI, cloud funding in US, Europe and Israel to hit $79 bln in 2024, Accel says

AI, cloud funding in US, Europe and Israel to hit $79 bln in 2024, Accel says By Supantha Mukherjee STOCKHOLM, Oct 16 (Reuters) - Funding of artificial intelligence and cloud companies in the U.S., Europe and Israel is rising after three years of decline and is estimated to hit $79.2 billion by the end of the year, venture capital firm Accel said in a report on Wednesday.
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EU champions’ hope will slam into hard M&A reality

BREAKINGVIEWS-EU champions’ hope will slam into hard M&A reality The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Oct 16 (Reuters Breakingviews) - Brussels wants European companies to join together and compete with U.S. and Chinese rivals. In many cases, however, national politicians and investors may have different ideas.
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Italy - Factors to watch on October 16

Italy - Factors to watch on October 16 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italian Prime Minister Giorgia Meloni said on Tuesday she plans to visit Lebanon on Oct.
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OpenAI brings on security executive Dane Stuckey From Palantir - Bloomberg News

MEDIA-OpenAI brings on security executive Dane Stuckey From Palantir - Bloomberg News -- Source link: https://tinyurl.com/28pxkenq -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Law firm Hogan Lovells taps FTC antitrust lawyer as agency probes more deals

UPDATE 1-Law firm Hogan Lovells taps FTC antitrust lawyer as agency probes more deals Adds comments from Jennifer Fleury in paragraph 6 By David Thomas Oct 15 (Reuters) - International law firm Hogan Lovells said on Tuesday that it has hired a senior lawyer from the U.S. Federal Trade Commission amid a period of increased antitrust enforcement activity by the agency.
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Law firm Hogan Lovells taps FTC antitrust lawyer as agency probes more deals

Law firm Hogan Lovells taps FTC antitrust lawyer as agency probes more deals By David Thomas Oct 15 (Reuters) - International law firm Hogan Lovells said on Tuesday that it has hired a senior lawyer from the U.S. Federal Trade Commission amid a period of increased antitrust enforcement activity by the agency. Jennifer Fleury joined Hogan Lovells as a partner in its Washington, D.C.
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Intel, AMD team up to confront rising challenge from Arm

UPDATE 1-Intel, AMD team up to confront rising challenge from Arm Adds details about group and quote from Intel CEO at news event By Stephen Nellis Oct 15 (Reuters) - Intel INTC.O and Advanced Micro Devices AMD.O on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings ARM.O .
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Hundreds of Boeing workers rally in Seattle as strike enters second month

UPDATE 4-Hundreds of Boeing workers rally in Seattle as strike enters second month Union hopes rally will pressure Boeing to raise wage offer More than 30,000 Boeing workers on strike since Sept 13 Boeing cutting 10% of workforce to help avoid debt downgrade Adds letter from Congressional Democrats in paragraph 4-5 By Joe Brock and Matt McKnight SEATTLE, Oct 15 (Reuters) - Boeing BA.N factory workers held a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new
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Europe Gasoline/Naphtha-Gasoline crack spreads edge lower

Europe Gasoline/Naphtha-Gasoline crack spreads edge lower LONDON, Oct 15 (Reuters) - Northwest European gasoline refining margins dropped 81 cents to around $9.45 a barrel on Tuesday, after rising in the previous two sessions. A total of 10,200 metric tons of Eurobob E10 barges traded in the Argus window on Tuesday, with ExxonMobil, Petroineos and Varo selling to TotalEnergies, BMV and Mabanaft.
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Intel, AMD team up to confront rising challenge from Arm

Intel, AMD team up to confront rising challenge from Arm By Stephen Nellis Oct 15 (Reuters) - Intel INTC.O and Advanced Micro Devices AMD.O on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings ARM.O . Intel invented what is known as the x86 computing architecture, a technology that for 40 years has powered the world's laptops, PCs and data center servers.
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Microsoft settles video gamers' lawsuit over $69 billion Activision deal

Microsoft settles video gamers' lawsuit over $69 billion Activision deal By Mike Scarcella Oct 15 (Reuters) - Video gamers who sued over Microsoft’s $69 billion purchase of "Call of Duty" maker Activision Blizzard have settled their lawsuit claiming the blockbuster deal would harm industry competition and drive up prices. The gamers said in a joint filing with Microsoft in San Francisco federal court late on Monday that they were dismissing their lawsuit with prejudice, meaning they cannot ref
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Google's GenAI strategy for search has become clearer, MoffettNathanson says

BUZZ-Google's GenAI strategy for search has become clearer, MoffettNathanson says ** MoffettNathanson says Alphabet's GOOGL.O Google appears to be starting to innovate using GenAI in search, as the co rolls out " AI Overviews " across the search engine's mobile footprint ** GOOGL's GenAI strategy for search has become clearer as it is focusing on integrating the tech into its traditional Google Search engine - brokerage ** "We believe that the bad news on the U.S.
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Blackstone to invest $8.2 bln in data centres in northeastern Spain

Blackstone to invest $8.2 bln in data centres in northeastern Spain MADRID, Oct 15 (Reuters) - Blackstone BX.N , the world's largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain's Aragon, boosting the region's growing status as a major cloud computing hub in Europe. The U.S. private equity fund will follow tech giants such as Microsoft MSFT.O and Amazon AMZN.O in choosing the regional capital Zaragoza in northeastern Spain, where so
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Rubrik Unveils Data Security Posture Management For Microsoft 365 Copilot

BRIEF-Rubrik Unveils Data Security Posture Management For Microsoft 365 Copilot Oct 15 (Reuters) - Microsoft Corp MSFT.O : RUBRIK UNVEILS DATA SECURITY POSTURE MANAGEMENT FOR MICROSOFT 365 COPILOT RUBRIK INC - DSPM FOR MICROSOFT 365 COPILOT NOW GENERALLY AVAILABLE Source text for Eikon: ID:nBw3Ng9yKa Further company coverage: MSFT.O
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Tech, banks spark new US records as China relapses

MORNING BID AMERICAS-Tech, banks spark new US records as China relapses A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. bond market returns from holiday to find Wall Street stocks soaring ever higher to new records , with Big Tech and Big Banks stirring earnings season excitement even as China's markets turn tail on demand worries and stimulus doubts.
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Crusoe in talks to raise several billion dollars for Oracle, OpenAI Data Center - The Information

MEDIA-Crusoe in talks to raise several billion dollars for Oracle, OpenAI Data Center - The Information -- Source link: https://tinyurl.com/292ypdke -- Note: Reuters has not verified this story and does not vouch for its accuracy
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