09:58 AM EDT, 06/13/2025 (MT Newswires) -- (Updates to include the stock movement in the headline and first paragraph.) AST SpaceMobile ( ASTS ) shares rose as much as 11.4% in recent Friday trading after the company said it has signed a settlement term sheet to advance its plan for long-term access to up to 45 megahertz of premium lower...

09:52 AM EDT, 06/13/2025 (MT Newswires) -- New Horizon Aircraft ( HOVR ) said Friday it formed a partnership with MT-Propeller for the supply of propellers for New Horizon's hybrid turbine engine. The deal supports development of Horizon's Cavorite X7, a hybrid-electric aircraft designed for both vertical and runway takeoff, the company said. MT-Propeller will provide advanced composite propellers aimed...

BERLIN, June 13 (Reuters) - Deutsche Telekom will join forces with Nvidia ( NVDA ) to establish an artificial intelligence cloud for European manufacturers in Germany, the companies said on Friday. Nvidia ( NVDA ) will supply 10,000 chips, or graphics processing units (GPUs), to be built into Deutsche Telekom's existing data centres. The cloud, which the companies aim to...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...