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1 week ago | 
today.westlaw.com | Nivedita Bhattacharjee |Zaheer Kachwala
(Reuters) -Electric vehicle maker Polestar is recalling 27,816 cars in the United States due to a rearview camera issue, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall, on Polestar 2 models that were sold in...
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2 weeks ago | 
gurutrade.com | Zaheer Kachwala |Shilpi Majumdar
April 28 (Reuters) - IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump administration's push for local manufacturing.
The company's announcement on Monday follows similar pledges by tech giants such as Nvidia and Apple, both of which have said they would spend about $500 billion each in the country over the next four years.
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2 weeks ago | 
today.westlaw.com | Shilpi Majumdar |Zaheer Kachwala |Aditya Soni
(Reuters) -IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump administration's push for local manufacturing.
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3 weeks ago | 
today.westlaw.com | Jody Godoy |Chizu Nomiyama |Zaheer Kachwala
(Reuters) -Alphabet's Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its ad products....
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1 month ago | 
gurutrade.com | Zaheer Kachwala |Arsheeya Bajwa |Krishna Eluri
April 14 (Reuters) - Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.
WHY IT'S IMPORTANT
Counterpoint expects the smartphone market to decline this year, due to economic uncertainty and tariffs imposed by U.S. president Donald Trump.
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1 month ago | 
gurutrade.com | Zaheer Kachwala |Arun Koyyur
April 14 (Reuters) - Intel said on Monday it would sell a 51% stake in Altera to private equity firm Silver Lake, valuing the programmable chip unit at $8.75 billion.
The sale will provide Intel a cash boost as the chipmaker aggressively cuts costs to bolster its balance sheet, while it invests in a capital-intensive undertaking to become a contract manufacturer.
Since last year, Intel has taken steps to spin Altera out as a separate unit and said it planned to sell a portion of its stake.
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1 month ago | 
msn.com | Zaheer Kachwala |Marie Mannes
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
money.usnews.com | Zaheer Kachwala |Marie Mannes
By Zaheer Kachwala and Marie Mannes(Reuters) - Polestar is offering discounts of up to $20,000 towards a lease of its Polestar 3 vehicle for current Tesla owners in the United States, as the Swedish EV maker targets drivers shunning CEO Elon Musk's car brand. The campaign on Polestar's website appears to be an attempt by the company to lure disgruntled Tesla customers with the discounts amid slower-than-expected EV demand and worries that higher tariffs may raise vehicle prices.
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1 month ago | 
msn.com | Zaheer Kachwala |Medha Singh
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
marketscreener.com | Zaheer Kachwala |Medha Singh |Suzanne McGee
(Reuters) -Shares of conservative news outlet Newsmax soared another 180% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange. The stock has been popular with retail investors, remaining the top trending ticker on retail investor-focused social media stocktwits.com since its debut, which traders said parallels the pattern of other hotly-traded retail favorites, known as meme stocks.
