06:58 AM EDT, 05/16/2025 (MT Newswires) -- Nvidia ( NVDA ) will have new US production facilities, constructed by Wistron, ready by 2026 to build its artificial intelligence servers, Reuters reported Friday, citing Wistron Chief Executive Jeff Lin. The tech giant said in April it was building supercomputer manufacturing sites with Wistron in Dallas. I believe it's exactly in line...

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,...

06:57 AM EDT, 05/16/2025 (MT Newswires) -- Citigroup ( C ) is cutting up to 200 IT contractors positions in China, Reuters reported Friday, citing two people familiar with the matter. About 100 of the employees were told their contract will not be renewed and another 100 or so were cautioned that they would likely be terminated, the report said....

06:56 AM EDT, 05/16/2025 (MT Newswires) -- (Adds further details on Strathcona offer in paragraphs four and five) Strathcona Resources (SCR.TO) overnight Thursday said it will begin a take-over bid for MEG Energy (MEG.TO), which only last week agreed to be acquired by Pan American Silver ( PAAS ) for a cheaper price. Strathcona will offer to acquire all MEG...