02:47 PM EDT, 06/18/2025 (MT Newswires) -- Malaysia is investigating a Chinese firm in the country said to be training large language models using Nvidia ( NVDA ) and AI chips, multiple media outlets reported Wednesday, citing a statement from Malaysia's Ministry of Investment, Trade, and Industry. The ministry is still in the process of verifying the matter with relevant...

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,...

SAO PAULO (Reuters) -Swiss food giant Nestle said on Wednesday that it will invest 7 billion reais ($1.27 billion) in Brazil between 2025 and 2028, up from 6.3 billion reais in its previous cycle. Nestle is expanding in key categories centered on its three main commodities and continues to explore the potential of franchises as a new business avenue. Practically...

Wolfspeed Inc. ( WOLF ) shares are trading lower Wednesday following reports indicating the semiconductor company is nearing a bankruptcy deal with key lenders, including Apollo Global Management. What To Know: The plan involves a prepackaged Chapter 11 filing that would allow Wolfspeed ( WOLF ) to quickly reduce its debt burden while continuing operations. According to Bloomberg, Wolfspeed (...