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Analysis-Meta’s $14.8 billion Scale AI deal latest test of AI partnerships

Analysis-Meta’s $14.8 billion Scale AI deal latest test of AI partnerships

By Jody Godoy (Reuters) -Facebook owner Meta’s $14.8 billion investment in Scale AI and hiring of the data-labeling startup’s CEO will test how the Trump administration views so-called acquihire deals, which some have criticized as an attempt to evade regulatory scrutiny. The deal, announced on Thursday, was Meta’s second-largest investment to date. It gives the owner of Facebook (NASDA ...

2025-06-15 06:03:58
Trump urged EchoStar, FCC chair to cut a deal on spectrum -Bloomberg

Trump urged EchoStar, FCC chair to cut a deal on spectrum -Bloomberg

WASHINGTON (Reuters) -President Donald Trump urged EchoStar Corp (NASDAQ:SATS) Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company’s wireless spectrum licenses, Bloomberg reported on Friday. EchoStar shares were up 52% in after-hours trading Friday on the report. On Thursday, Trump met with Ergen and he telephoned Carr, w ...

2025-06-15 06:03:06
Trump approves Nippon-U.S. Steel deal, companies say

Trump approves Nippon-U.S. Steel deal, companies say

(Reuters) -U.S. President Donald Trump has approved the partnership between United States Steel Corp (BVMF:USSX34) and Japan’s Nippon Steel, the companies said on Friday. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.X: A Bull or Bear Market Play?Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model ...

2025-06-15 06:02:13
Google comes out on top as years-long Mexico antitrust case closed

Google comes out on top as years-long Mexico antitrust case closed

MEXICO CITY (Reuters) -Mexico’s antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico’s Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google’s digital advertis ...

2025-06-15 06:00:30