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REUTERS 2025-04-02T17:31:15+00:00

Google Gemini executive Sissie Hsiao to step down

Alphabet's Google is replacing Sissie Hsiao, who led the development of the artificial intelligence chatbot Bard, now known as Gemini, the company told staff in its AI division on Wednesday.

REUTERS 2025-12-10T22:36:33+00:00

Winklevoss twins' Gemini bags US license for prediction markets

Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, said on Wednesday it had received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers.

REUTERS 2026-03-19T14:21:29.352000+00:00

Winklevosses' Gemini Space Station sued by shareholders over strategy, departures

Gemini Space Station and its billionaire founders ‌Cameron and Tyler Winklevoss were sued by shareholders who said they were defrauded about the cryptocurrency exchange's business prospects, and suffered losses as a strategy shift, job cuts and executive departures caused the stock price ​to fall.

REUTERS 2023-05-26T22:07:52+00:00

Winklevoss twins' exchange seek dismissal of SEC lawsuit over Gemini Earn

An exchange run by the twins Tyler and Cameron Winklevoss on Friday asked a U.S. judge to dismiss a Securities and Exchange Commission lawsuit claiming it illegally sold unregistered securities in a program that promised high interest rates to hundreds of thousands of investors.

REUTERS 2024-02-01T21:06:41+00:00

Genesis reaches $21 mln SEC settlement in bankruptcy wind-down

Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy.

REUTERS 2026-06-08T01:09:44.110000+00:00

Saving Siri: After two years of stumbles, is Apple's AI moment here?

When Apple holds its developer conference at its Cupertino, California headquarters on Monday, the big draw will be a widely expected overhaul to Siri, the AI assistant the ​iPhone maker two years ago promised, but failed, to improve.

REUTERS 2025-12-05T13:00:00+00:00

Big Tech valuation riddle is all about cash flow

Apple trades at 34 times 2026 earnings – well above Meta, Alphabet, Amazon.com and Microsoft. It’s odd if the iPhone maker is behind on AI. Yet the fog clears after looking at free cash flow. One implication is that investors doubt whether data center spending will bear fruit.

REUTERS 2026-04-04T05:00:00+00:00

AI is rewiring the world’s most prolific film industry

India's film studios are upending industry economics by deploying the technology at scale to slash movie costs and production timelines, pitting questions of efficiency against audience acceptance.

REUTERS 2025-08-14T11:27:22+00:00

Hapag-Lloyd lowers 2025 earnings forecast, seeks savings

Container shipping firm Hapag-Lloyd on Thursday reported a 3.1% decline in first-half net income and lowered the top end of its full-year earnings forecast, which has prompted it to focus on cost savings over the next 12-18 months.

REUTERS 2026-02-04T21:06:15.784000+00:00

Alphabet says capital spending in 2026 could double, cloud business booms

Alphabet said on Wednesday that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the Google parent as it deepens investments to allay constraints on compute capacity and push ahead in the AI race.

REUTERS 2026-02-06T17:11:05.928000+00:00

Big Tech's quarter in four charts: AI splurge and cloud growth

U.S. tech giants have predicted their spending would surge this year as they double down on artificial intelligence, sharpening investor scrutiny over whether these costly bets would generate enough returns to justify the sector's high valuations.

REUTERS 2026-04-22T11:02:46.865000+00:00

Merck to partner with Google Cloud on AI initiatives

Drugmaker Merck & Co said on Wednesday it will partner with Google Cloud to build up its artificial intelligence capabilities, investing as much as $1 billion ​with Google over a number of years to fund AI infrastructure, engineers and ‌licensing of the tech company's Gemini Enterprise platform.