Samsung Electronics to acquire artificial intelligence firm Viv, run by Siri co-creator
SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd said on Thursday it is acquiring U.S. artificial intelligence (AI) platform developer Viv Labs Inc, a firm run by a co-creator of Apple Inc’s Siri voice assistant program.
Yahoo scan by U.S. fell under foreign spy law expiring next year: sources
WASHINGTON (Reuters) – A Yahoo operation in 2015 to scan the incoming email of its customers for specific information requested by the U.S. government was authorized under a foreign intelligence law, parts of which will expire next year, two U.S. gover…
Shareholder Union Investment says Deutsche Bank not ‘in crisis’
FRANKFURT (Reuters) – Union Investment, one of Deutsche Bank’s top investors, backed the German flagship lender on Wednesday, saying that a sell-off in its shares was overdone.
Customers sue UnitedHealth over prescription drug co-pay costs
(Reuters) – UnitedHealth Group Inc has been sued by three customers who accused the largest U.S. health insurer of charging co-payments for prescription drugs that were higher than their actual cost and pocketing the difference.
Ford F-150 pickup trucks gain in fuel efficiency
DETROIT (Reuters) – Ford Motor Co said on Wednesday new 2017 models of its best-selling F-150 pickup truck will improve fuel efficiency by 11 percent for four-wheel drive versions which use a 10-speed transmission jointly developed with rival General …
Energy, bank stocks lead Wall Street higher
NEW YORK (Reuters) – Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.
Exxon partners with NBA in U.S. and China
(Reuters) – Exxon Mobil Corp said it has entered a multi-year agreement with the National Basketball Association (NBA) to be its official marketing partner in the United States and China.
Nobel laureate Stiglitz sees Italy, others leaving euro zone in coming years
BERLIN (Reuters) – Nobel Prize-winning economist Joseph Stiglitz predicted in a interview out on Wednesday that Italy and other countries would leave the euro zone in coming years, and he blamed the euro and German austerity policies for Europe’s econo…
Oil up two percent to June highs after another U.S. crude draw
NEW YORK (Reuters) – Oil prices settled up about 2 percent on Wednesday, hitting their highest since June, after the fifth unexpected weekly drawdown in U.S. crude inventories added to support on hopes that major producers will agree to cut output next…
Chicago latest to sanction Wells Fargo for defrauding customers
CHICAGO (Reuters) – The Chicago City Council on Wednesday approved a one-year suspension for Wells Fargo & Co from city business because of its scandal over phony accounts, joining the states of Illinois and California in punishing the bank.
