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SAN FRANCISCO, May 20 (Reuters) – Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence. In recent fundraising materials, the San Francisco-based startup apprised investors that its June quarter sales could reach at least $10.9 billion, more than double its $4.8 billion in revenue for the just-ended March […]

SEOUL, May 21 (Reuters) – Chinese President Xi Jinping may visit North Korea as early as next week, South Korea’s Yonhap news agency reported late on Wednesday quoting a senior government official. Another government source was cited as saying a team of Chinese security service and protocol officials were in Pyongyang recently and that a visit by Xi late in May or early June was likely. Xi, who hosted U.S. […]

WASHINGTON, May 20 (Reuters) – Nexstar Media Group asked a U.S. appeals court late on Wednesday to expedite a review of a lower-court order that has halted its merger with rival broadcaster Tegna, saying the delay has cost it tens of millions of dollars in unrecoverable operational efficiencies. A California judge on April 17 temporarily blocked the ‌$6.2 billion deal from proceeding, which has been challenged by a dozen state […]

SYDNEY, May 21 (Reuters) – Elon Musk’s social media platform X Corp has admitted to noncompliance with an Australian regulator request to provide information about its measures to stop child exploitation, lawyers for both parties said on Thursday. “The respondent admits that it contravened the Act,” said Christopher Tran, a lawyer for the eSafety Commissioner, referring to Australia’s Online Safety Act, in a Federal Court hearing. (Reporting by Byron Kaye; […]

GREENBURGH, N.Y. (AP) — Jalen Brunson against Donovan Mitchell was the matchup splashed across the screens to hype the Eastern Conference finals. Unfortunately for the Cleveland Cavaliers, it turned into Brunson versus James Harden in the fourth quarter of Game 1. Brunson continuously attacked the matchup to spark one of the largest postseason comebacks on record, as the New York Knicks rallied from a 22-point deficit in the fourth quarter […]

May 21 (Reuters) – Beijing is holding up a proposed visit by the Pentagon’s under-secretary of defence for policy, Elbridge Colby, as China pressures U.S. President Donald Trump over a $14 billion weapons package for Taiwan, the Financial Times reported on Thursday. Colby discussed a summer visit to Beijing with Chinese officials but China has signalled that it cannot approve a visit until Trump decides how he will proceed with […]

WASHINGTON (AP) — The Trump administration has fired the two leaders of an influential health group that determines when insurance must provide free preventive care, like mammograms and colonoscopies, for millions of Americans. In letters dated May 11, Health Secretary Robert F. Kennedy Jr. notified the two doctors who chaired the U.S. Preventive Services Task Force that he was terminating their appointments immediately, before the end of their multiyear terms. […]

SAN JUAN, Puerto Rico (AP) — On a farm in southeast Cuba in October 1868, an event known as “The Cry of Yara” sparked the island’s quest for independence. But it wouldn’t arrive until May 20, 1902. First came the “Great War,” which lasted nearly 10 years, then the “Little War,” which prevailed for more than a year. Then there was the Cuban War of Independence, followed by the Spanish-American […]

Former Cuban President Raúl Castro has been charged in a U.S. indictment with murder and other crimes for his alleged role in the downing of two civilian aircraft operated by Miami-based exiles in 1996 off the coast of the Caribbean island. The allegations come as part of escalating pressure by the Trump administration on Cuba’s socialist government to open its economy to American investment and remove U.S. adversaries. In addition, […]