OpenAI accuses DeepSeek of distilling US models to gain advantage, Bloomberg News reports
(Removes Microsoft Refinitiv Instrument Code from paragraph 1) Feb 12 (Reuters) - OpenAI has warned U.S. lawmakers that Chinese artificial intelligence startup DeepSeek is using sophisticated methods to extract results from leading U.S. AI mod...
24m ago
Expedia forecasts upbeat 2026 bookings on demand from business clients
By Anshuman Tripathy and Aishwarya Jain Feb 12 (Reuters) - Online travel platform Expedia forecast 2026 gross bookings and revenue above Wall Street expectations on Thursday, betting on strong demand from business clients. The Vrbo-parent expects gr...
29m ago
Coinbase posts surprise loss on crypto trading slowdown
Feb 12 (Reuters) - Coinbase posted a surprise quarterly loss on Thursday, marking its first since the third quarter of 2023, as the cryptocurrency exchange was hit by weaker trading volumes during a period of broad digital-asset selloff. Digital assets...
1h ago
Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plunge
Feb 12 (Reuters) - Pinterest forecast first-quarter revenue below estimates on Thursday, underscoring the image-sharing platform's ongoing struggle to compete for advertising dollars against deep-pocketed platforms, sending its shares down 12% in ext...
1h ago
Airbnb forecasts revenue above estimates on premium rentals demand
(Corrects syntax in headline) Feb 12 (Reuters) - Airbnb forecast first-quarter revenue above Wall Street estimates on Thursday, as the vacation rental company banks on premium bookings to counter easing demand from cost-conscious customers. Shares of ...
1h ago
Applied Materials forecasts upbeat results on AI demand, memory shortage
Feb 12 (Reuters) - Applied Materials forecast second-quarter revenue and profit above market estimates on Thursday, betting on a boom in demand for AI processors and a worldwide memory shortage to help drive sales of its chipmaking equipment. The com...
1h ago
Bangladesh's BNP wins parliamentary election
DHAKA, Feb 13 (Reuters) - The Bangladesh Nationalist Party crossed the halfway mark to win the parliamentary election on Friday, a local TV station showed, as ballots were counted in a pivotal vote that is expected to restore political stabi...
3h ago
JPMorgan's commercial and investment bank names Halamish as COO to lead AI strategy, memo shows
Feb 12 (Reuters) - JPMorgan Chase's commercial and investment bank has appointed insider Guy Halamish as chief operating officer to oversee data and AI strategy across the division, according to an internal memo seen by Reuters. Banks and companies a...
3h ago
Trump cannot end deportation protections for South Sudanese nationals, US judge rules
BOSTON, Feb 12 (Reuters) - A federal judge on Thursday blocked U.S. President Donald Trump's administration from ending temporary protections from deportation that had allowed hundreds of South Sudanese nationals to live and work in the United S...
3h ago
NBC sees 93% Winter Olympics ratings spike through first 5 days
NBCUniversal has seen an average of 26.5 million viewers during the first five nights of the 2026 Milan Cortina Olympics, the most to this point since the 2014 Sochi Games, it announced Tuesday. That translates into a 93% increase from the same peri...
3h ago




