LAGOS (Reuters) - Unilever Nigeria said on Thursday its 2014 pretax profit fell 57.7 percent to 2.87 billion naira ($14.4 million), compared with a year ago. Turnover also fell to 55.75 billion naira during the period, against 60 billion naira the previous year, the household product maker said in a statement. The firm proposed a cut to dividend for 2014 to 0.10 naira per share, compared with 1.25 naira a year earlier. ($1 = 199 naira)
The battery start-up might reach its ambitions sooner than expected.
Nvidia hasn't been able to make much of a dent in the automotive chip market, but there is one company that's winning big in this space.
These three reliable dividend payers have historically high yields thanks to deep price declines.
AI startup Anthropic is changing its policies to allow minors to use its generative AI systems -- in certain circumstances, at least. Announced in a post on the company's official blog Friday, Anthropic will begin letting teens and preteens use third-party apps (but not its own apps, necessarily) powered by its AI models so long as the developers of those apps implement specific safety features and disclose to users which Anthropic technologies they're leveraging. In a support article, Anthropic lists several safety measures devs creating AI-powered apps for minors should include, like age verification systems, content moderation and filtering and educational resources on "safe and responsible" AI use for minors.
Intel was hit with more bad news that has enormous implications for investors.
While the energy sector has gotten off to a hot start this year, opportunities in master limited partnerships (MLP) stick out from the crowd.
You won't catch Warren Buffett chasing the latest stock market trend, but many companies in Berkshire Hathaway's portfolio are benefiting from AI nonetheless.
(Bloomberg) -- China is set to switch off a live feed of foreign flows for stocks as early as Monday, the latest policy move to shore up confidence by removing a potential source of negative data.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealFord Cuts Battery Orders as EV Losses Top $100,000 Per CarHow One Brooklyn Neighborhood Became a Nightclub HavenElon Musk Pledges to Grow Supercharger Bu
Intel and AMD's latest earnings reports make one thing clear about the state of Nvidia's competition in the AI chip market.
Bluesky is now allowing users to personalize their main Discover feeds. The social network is rolling out an updated version of its app that lets users offer feedback about its algorithmic feed so they can better customize it using "Show more like this" and "Show less like this" buttons in a post's menu to choose which content the algorithm surfaces. The change will help Bluesky users create a timeline that takes into consideration their own preferences, not what the company thinks they should see.