May 29 (Reuters) - The New York Times ( NYT ) is allowing Amazon.com ( AMZN ) to use its editorial content for artificial intelligence products such as Alexa, marking the publisher's first licensing deal tied to generative AI. The multi-year agreement lets Amazon ( AMZN ) use news articles from The Times and content from NYT Cooking and sports...

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,...

11:32 AM EDT, 05/29/2025 (MT Newswires) -- Northrop Grumman ( NOC ) said Thursday it has invested $50 million in Firefly Aerospace for their joint development of medium-lift launch vehicle called Eclipse. Eclipse is being built using technologies from Northrop's Antares rocket and Firefly's Alpha rocket, with qualification testing already underway, Northrop said. Eclipse is designed to carry up to...

* DeepSeek releases update of hit R1 reasoning model * R1's global success in January hit tech shares outside China * DeepSeek's AI praised for performance and cheaper than US rivals * Update creates less false output, improves complex reasoning (Adds text summary points, context in paragraphs 4-12) By Brenda Goh and Eduardo Baptista SHANGHAI/BEIJING May 29 - Chinese artificial...