Amazon Drops $1.4 Billion iRobot Deal; Vacuum Maker Cuts Jobs (www.bloomberg.com)
Amazon Drops $1.4 Billion iRobot Deal; Vacuum Maker Cuts Jobs::Amazon.com Inc. has abandoned its planned $1.4 billion acquisition of Roomba maker iRobot Corp. after clashing with European Union regulators who had threatened to block the deal.
IBM to Managers: Move Near an Office or Leave Company (www.bloomberg.com)
IBM to Managers: Move Near an Office or Leave Company::International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.
Embracer Group Cancels ‘Deus Ex’ Video Game (www.bloomberg.com)
Embracer Group Cancels ‘Deus Ex’ Video Game (www.bloomberg.com)
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Samsung to Integrate Baidu’s Ernie AI in Latest Galaxy Phones (www.bloomberg.com)
Trump’s Cash Stockpile at Risk From $450 Million Dual Verdicts (www.bloomberg.com)
Donald Trump is facing a pair of major legal verdicts in New York that risk wiping out most — if not all — of the cash the billionaire says he has on hand, a potential blow to the presidential candidate whose persona is tied up with financial success and wealth....
Singapore’s $200,000 Toyotas Fuel Angst Over Widening Wealth Gap (www.bloomberg.com)
Zelenskiy Releases Personal Income in Transparency Push (www.bloomberg.com)
Volodymyr Zelenskiy declared his personal income for the first time since the outbreak of war with Russia, as part of his effort to increase transparency in his government....
Reddit Advised to Target at Least $5 Billion Valuation in IPO (www.bloomberg.com)
Reddit Advised to Target at Least $5 Billion Valuation in IPO (www.bloomberg.com)
Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the...
Biden Expected to Announce Billions in Chip Subsidies, WSJ Says (www.bloomberg.com)
Biden Expected to Announce Billions in Chip Subsidies, WSJ Says::The Biden administration is expected to soon announce billions of dollars in new subsidies to chipmakers including Intel Corp. and Taiwan Semiconductor Manufacturing as part efforts to reshore production, the Wall Street Journal reported.
US to Sell 40 F-35 Fighter Jets to Greece, Gift Other Aircraft (www.bloomberg.com)
The US plans to sell as many as 40 F-35 jets to Greece and will also gift the country various defense equipment, according to a letter sent by Secretary of State Antony Blinken to Greek Prime Minister Kyriakos Mitsotakis....
White House calls for legislation after ‘alarming’ proliferation of Taylor Swift deepfakes — Social media networks also need to do more to prevent the spread of the images, said press secretary Kar... (www.bloomberg.com)
White House calls for legislation after ‘alarming’ proliferation of Taylor Swift deepfakes — Social media networks also need to do more to prevent the spread of the images, said press secretary Kar…::The White House said sexually-explicit AI-generated images of pop star Taylor Swift were concerning and that Congress...
Trader Joe’s Follows SpaceX in Arguing US Labor Board Is Unconstitutional (www.bloomberg.com)
Grocery chain Trader Joe’s is joining Elon Musk’s SpaceX in arguing that the US labor board, which is prosecuting cases against both companies, is unconstitutional.
Philippines, Vietnam Set to Sign Coast Guard Pact Amid Competing Sea Claims (www.bloomberg.com)
The Philippines and Vietnam are set to sign a cooperation agreement between their coast guards as Philippine President Ferdinand Marcos Jr. boosts partnerships in the region amid lingering tensions with Beijing in the South China Sea....
Damage From Cyber Attack on Sweden May Take Weeks to Recover (www.bloomberg.com)
Computer systems of Swedish government agencies made inoperable by an attack on a Tietoevry Oyj data center may be down for weeks, the country’s civil defense minister said....
Nintendo’s Next Switch Coming This Year With LCD, Omdia Says (www.bloomberg.com)
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Putin Sends US Signal on Ukraine Talks, Sensing Advantage in War (www.bloomberg.com)
"Vladimir Putin is testing the waters on whether the U.S. is ready to engage in talks for ending Russia’s war in Ukraine,” Bloomberg reports....
NATO Has Been Underestimating Russia’s War Machine, Estonia Says (www.bloomberg.com)
Estonia’s top military commander said fresh intelligence on Russia’s ability to produce ammunition and recruit troops has prompted a re-evaluation among NATO allies and a spate of warnings to prepare for a long-term conflict....