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Fires in Brazil wetlands surge to record start in 2024 Jun 11, 2024 04:37PM

By Leonardo Benassatto

CORUMBA, Brazil (Reuters) - As Jose Cleiton and Brandao Amilton ride their horses into the vastness of the Pantanal grassy wetlands of Brazil, a wall of smoke towers from the horizon far into the sky above.

The worst of the dry season is still far off, but already these Brazilian wetlands are so dry that wildfires are surging.

The number of Pantanal fires so far this year has jumped tenfold from... (continue reading...)


Elon Musk withdraws lawsuit against OpenAI Jun 11, 2024 04:34PM

(Reuters) - Billionaire entrepreneur Elon Musk on Tuesday moved to dismiss his lawsuit in California state court accusing ChatGPT maker OpenAI and its CEO Sam Altman of abandoning the startup's original mission of developing artificial intelligence for the benefit of humanity and not for profit.

(Reporting bu Mike Scarcella; editing by Jonathan Oatis)


Eindhoven city council votes in favor of ASML development plan Jun 11, 2024 04:29PM

By Toby Sterling

AMSTERDAM (Reuters) - The city council of Eindhoven, Netherlands, on Tuesday voted in favor of an initial agreement with computer chip equipment maker ASML to start planning a major expansion in the city's north.

In a 34-6 vote, the council said they would support a plan unveiled by ASML and the city government in April to develop new facilities large enough to support up to 20,000 new employees in a relatively... (continue reading...)


US will announce new Russian sanctions and export controls at G7 summit, White House says Jun 11, 2024 04:11PM

(Reuters) - The U.S. will announce new sanctions and export controls against Russia during the G7 summit in southern Italy later this week, White House spokesman John Kirby said on Tuesday.

The U.S. and leaders of the nation's largest economies have imposed sweeping sanctions on Russia for its 2022 invasion of Ukraine, and Kirby said they would add a new set of "impactful" sanctions and export controls that target entities and networks helping Russia... (continue reading...)


Oracle reports jump in quarterly cloud revenue Jun 11, 2024 04:10PM

(Reuters) -Oracle posted a jump in cloud revenue for the fourth quarter on Tuesday, signaling upbeat demand for its cloud services as clients ramp up spending, sending its shares up 9% in extended trading.

The company's cloud revenue came in at $5.3 billion, up 20% from a year ago.

But its total revenue of $14.29 billion for the quarter missed analysts' average estimate of $14.55 billion, according to LSEG data.

Oracle also... (continue reading...)


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