Investing.com -- Meta Platforms is planning to restructure its artificial intelligence efforts for the fourth time in six months, according to The Information, citing three people familiar with the matter. The company’s Meta Superintelligence Labs is expected to be divided into four groups: a new lab currently known as TBD Lab (short for "to be determined"); a team focused on products including ...
Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher. At the close in Mexico, the S&P/BMV IPC gained 0.26%. The best performers of the session on the S&P/BMV IPC were Grupo Televisa SAB Unit (BMV:TLEVISACPO), which rose 3.37% or 0.30 points to trade at 9.19 at the clo ...
(Reuters) -A private equity firm founded by U.S. President Donald Trump’s son-in-law Jared Kushner has signed a deal to buy an 8% stake in British lender OakNorth, a person familiar with the matter told Reuters on Friday. The firm, Affinity Partners, was founded by Kushner in 2021 and has investments from funds in Saudi Arabia, Qatar and the United Arab Emirates. The investment company did not i ...
(Reuters) -United States Steel said on Friday a fatal blast that killed two and injured 10 others at its Clairton Coke Works plant near Pittsburgh happened when flushing a gas valve, ahead of scheduled maintenance. "Pressure built inside the valve, leading to valve failure and coke oven gas filling the area and ultimately exploding when finding an ignition source," the company said. U.S. Steel ad ...