Science and Tech

Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings

Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings

June 5 (Reuters) - Netflix appointed lead independent director Jay Hoag as chairman of its board, succeeding Reed Hastings, who…

June 6, 2026

Meta weighs big equity raising to finance AI infrastructure, FT reports

June 5 (Reuters) - Meta is considering raising tens of billions of dollars in a stock offering as it seeks…

June 6, 2026

Anthropic urges AI labs to pause development, warns humans risk losing control

By Aditya Soni June 5 (Reuters) - Anthropic is calling on major artificial intelligence labs to consider a coordinated and…

June 6, 2026

Trump says his team will 'look into' US taking stake in AI companies

WASHINGTON, June 5 (Reuters) - U.S. President Donald Trump told reporters on Friday that his team is looking into the…

June 6, 2026

Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test

June 5 (Reuters) - Marvell Technology is set to join the benchmark S&P 500 later this month, S&P Dow Jones…

June 6, 2026

China urges fund managers to support innovation, warns against concept hype

SHANGHAI, June 6 (Reuters) - China's top securities regulator on Saturday urged the country's $13 trillion fund industry to support…

June 6, 2026

SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO

June 5 (Reuters) - SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet's Google,…

June 6, 2026

SpaceX IPO running at two times oversubscribed, sources say

By Isla Binnie and Echo Wang NEW YORK, June 5 (Reuters) - SpaceX has drawn investor demand of about $150…

June 6, 2026

Chip selloff erases over $1 trillion in stock market value

By Noel Randewich June 5 (Reuters) - U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with…

June 6, 2026

Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test

June 5 (Reuters) - Marvell Technology is set to join the benchmark S&P 500 later this month, S&P Dow Jones…

June 6, 2026