Meta Unveils New AI Supercomputer

When the AI Research SuperCluster is fully built it will be the fastest AI supercomputer in the world, the Facebook-parent says

 
Peloton Bucks Market Trend After Activist Letter, 'Billions' Appearance

Peloton Interactive shares rose after The Wall Street Journal reported Blackwells Capital wants the company to fire its chief executive and explore a sale.

 
Google Deceived Users About Location Tracking, States Allege

The company tracks people's movements using information from its search engine, Maps app, Wi-Fi and Bluetooth services even after users turn off location tracking, a lawsuit filed by Washington, D.C., alleges. Google disputed the allegations.

 
Kohl's Shares Surge 30% on Takeover Bids for Retailer

Starboard and Sycamore have made separate approaches for the department-store chain, according to people familiar with the matter.

 
Sarah Palin Case Against New York Times Delayed by Positive Covid-19 Test

Jury selection was scheduled to begin Monday in Manhattan federal court. U.S. District Judge Jed Rakoff said he was postponing the trial until Feb 3.

 
Tesla Countersues JPMorgan in Fight Over Warrants

The electric-car maker alleges the bank's dislike of Elon Musk is behind its $162 million lawsuit in November.

 
Ford Shuts Off Orders for New $20,000 Maverick Pickup

With more-affordable vehicles in short supply, the auto maker said demand for the new pickup truck has surged and it is straining to fill a backlog of orders.

 
Evergrande Asks Overseas Creditors for More Time

The Chinese property developer pleaded for time to get a grip on its complicated financial situation and warned that drastic legal action could be destabilizing.

 
Allstate and Hancock Seek Careful Drivers With Healthy Diets

A partnership between the insurers will reward safe drivers with potentially cheaper life insurance.

 
Unilever Shares Rise After Activist Investor Trian Takes Stake

The Dove soap owner's share price has lagged behind peers over the past year. But news of Nelson Peltz's stake, the size of which couldn't be learned, is expected to accelerate the company's efforts to improve its performance.

(END) Dow Jones Newswires

January 24, 2022 15:15 ET (20:15 GMT)

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