SpaceX clears Starship mishap probe before next test flight this week
WASHINGTON, July 13 (Reuters) - The U.S. Federal Aviation Administration on Monday closed its review into a SpaceX Starship booster's return failure that occurred during a flight test in May, clearing the way for Elon Musk's company to launch the rocket's next test flight from Texas as soon as Thursday.
California, 11 states suing to block Paramount's $110 billion Warner Bros deal
NEW YORK/LOS ANGELES, July 13 (Reuters) - California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the deal would lessen competition in film distribution and cable television, harming theaters and TV distributors.
Bosch begins sample production at its first US semiconductor plant
DETROIT, July 13 (Reuters) - German auto component and chip maker Bosch is beginning sample production at its first U.S. semiconductor factory, the company said Monday, finalizing a $225 million agreement with the U.S. Commerce Department to strengthen domestic manufacturing of silicon carbide chips.
Explainer-Europe's digital euro: What it is and how it would work
MILAN, July 13 (Reuters) - Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the legislation was first proposed.
India's HCLTech results beat on financial services boost; enters data center business
BENGALURU, July 13 (Reuters) - HCLTech, India's third-largest software services exporter, beat profit and revenue expectations for the first quarter on Monday, buoyed by strength in its financial services and a weak rupee.
Nobel laureates among more than 200 experts urging action on AI's economic impact
July 13 (Reuters) - More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to urgently create policies and institutions to address the economic impact of AI.
Intel announces $5.7 billion AI-driven capital investment in Ireland
LEIXLIP, Ireland, July 13 (Reuters) - Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its European output to meet growing global demand for AI and high-performance computing, the U.S. chipmaker said on Monday.
Global smartphone shipments in second quarter hit lowest in 13 years on memory chip crunch
July 13 (Reuters) - Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip shortage drove up handset prices and dampened demand, according to early estimates from Counterpoint Research.
Trump invested crypto gains in stocks and bonds, filings show
July 13 (Reuters) - President Donald Trump's financial disclosures show that even as he and his two eldest sons were encouraging investors to plow their money into crypto projects — which resulted in steep losses for retail buyers — his money managers were investing a significant portion of the proceeds into safer harbors.
White House to rally utilities, data centers for AI power cost pledge, sources say
WASHINGTON, July 13 (Reuters) - The White House plans to bring together utility companies and data center developers to make a voluntary pledge designed to ensure that rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar with the plans.
