Nvidia AI Developer Conference Kicks Off with new Chips in Focus

SAN JOSE, California, March 18 Reuters Nvidia Chief Executive Jensen Huang on Monday kicked off his company39;s annual developer conference with a slew of announcements designed to keep the chip maker in a dominant position in the artificialintelligence industry. On a hockey arena stage in the heart of Silicon Valley, Huang introduced Nvidia39;s latest chip, which […]
Read More

Yen Falls in Defiance of Historic BOJ Shift; Dollar Perky

LONDON, March 19 Reuters The Japanese yen tumbled on Tuesday after the central bank made the momentous, but widely anticipated, decision to end its negative interest rate policy, while the dollar rose ahead of the upcoming Federal Reserve decision on rates. In a historic shift from decades of massive monetary stimulus, the Bank of Japan BOJ ended eight years […]
Read More

Uber to Pay 178M in Australia Taxi Class Action Settlement

SYDNEY, March 18 Reuters Uber has agreed to pay A271.8 million 178 million to settle a lawsuit brought by Australian taxi operators and drivers, who say they lost income when the ridehailing company moved into the country, a law firm said on Monday. The settlement is Australia39;s fifthlargest, Maurice Blackburn Lawyers said in a statement. The […]
Read More

Goldman Sachs Veteran Stephanie Cohen Resigns

March 18 Reuters Goldman Sachs39; Stephanie Cohen, global head of platform solutions, became the latest senior executive to depart the Wall Street giant on Monday after a 25yearlong stint. Cohen, who joined the bank as an analyst in 1999 and was given the prestigious partner rank in 2014, was most recently in charge of the […]
Read More

Tesla Shares Gain after Model Y Price Hike in U.S., Europe

NEW YORK, March 18 Reuters Shares of Tesla rose by nearly 7 on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the United States. Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros 2,177 in some European countries effective March […]
Read More