AMSTERDAM, Jan 7 (Reuters) - Billionaire Bill Ackman has reduced his stake in Universal Music Group to 7.48%, several weeks after the record label denied his request to delist from Euronext Amsterdam, the Dutch financial markets authority's shareholder registry showed on Tuesday. The owner of investment firm Pershing Square previously held a 10% stake in UMG, according to the AFM's...

04:09 AM EST, 01/07/2025 (MT Newswires) -- Uber Technologies ( UBER ) and Nvidia ( NVDA ) said late Monday they are collaborating to advance AI-powered autonomous driving technology. The companies said they will pair data from Uber ( UBER ) trips with the Nvidia Cosmos platform and Nvidia DGX Cloud to strengthen autonomous vehicle AI models. Uber ( UBER...

04:05 AM EST, 01/07/2025 (MT Newswires) -- Gilat Satellite Networks ( GILT ) said Tuesday it has completed its acquisition of Stellar Blu Solutions, a SATCOM termination services provider, for a cash consideration of $98 million, as adjusted. The deal is expected to be accretive to Gilat's non-GAAP results this year. The total consideration for the deal could also increase...

04:11 AM EST, 01/07/2025 (MT Newswires) -- United Microelectronics ( UMC ) said Tuesday its December revenue increased by 11.7% to 18.97 billion New Taiwan dollars ($580.1 million) from NT$16.98 billion a year earlier. For the full year, revenue increased by 4.4% to NT$232.3 billion from NT$222.53 billion a year earlier. ...