(Reuters) - Tesla chief Elon Musk, who also owns social media platform X, said on Monday he feels California should pass an AI bill that would require tech companies and AI developers to conduct safety testing on some of their own models. For over 20 years, I have been an advocate for AI regulation, just as we regulate any product/technology...

05:11 AM EDT, 08/23/2024 (MT Newswires) -- Alibaba Group ( BABA ) said in a Friday filing its shareholders approved a plan to convert its secondary listing on the Hong Kong Stock Exchange to a primary listing, effective Aug. 28. The company said it will have a dual primary listing on the Hong Kong exchange and the New York Stock...

05:00 AM EDT, 08/23/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) CAVA Group ( CAVA ) shares were up 10% in premarket activity on Friday after the company overnight reported stronger-than-expected fiscal Q2 earnings and sales while raising its guidance for full-year same-restaurant sales growth. The company reported fiscal Q2 earnings late...

SAO PAULO, Aug 26 (Reuters) - Brazilian miner Vale announced that current Chief Financial Officer Gustavo Pimenta will become its next Chief Executive Officer, according to a securities filing on Monday. Vale said Pimenta, who will replace current CEO Eduardo Bartolomeo, was elected by the board unanimously, adding the transition will follow a schedule the firm had already released. Vale...