Today: October 04, 2024
Today: October 04, 2024

Latest From Reuters

Business|Finance|Technology

EV firm Polestar taps former Stellantis finance executive as CFO

Electric vehicle maker Polestar said on Tuesday it has appointed former Stellantis finance executive Jean-Francois Mady as its CFO, days after replacing long-time CEO Thomas Ingenlath.

EV firm Polestar taps former Stellantis finance executive as CFO
Business|Technology

Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei reports

Apple will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan's Nikkei

Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei reports
Business|Finance|Technology

Tesla's China sales have best month of the year in August

Tesla's sales in China logged their best month for the year so far in August, with the U.S. electric vehicle maker benefiting from brisk sales in smaller cities.

Tesla's China sales have best month of the year in August
Asia|Business|Technology

Tesla plans six-seat Model Y, production slated for 2025 in China, sources say

Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct knowledge of the matter said, as the U.S. automaker strives to

Tesla plans six-seat Model Y, production slated for 2025 in China, sources say
Business|Technology|World

BMW worldwide recalling Mini Cooper SE electric models, company says

German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which could potentially affect more than 140,000 autos worldwide, a company

BMW worldwide recalling Mini Cooper SE electric models, company says
Americas|Finance|Technology

Brazil's government considers taxing big techs if revenue falls short

Brazil's Finance Ministry will submit proposals to Congress this year to tax big tech companies and implement a global minimum tax of 15% on multinational corporations to secure

Brazil's government considers taxing big techs if revenue falls short
Business|Finance|Technology

HP to continue $4 billion damages case against Mike Lynch

Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK.

HP to continue $4 billion damages case against Mike Lynch
Asia|Business|Technology

Tesla's China-made EV sales in August up 3% yr/yr

Sales of U.S. automaker Tesla's China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.

Tesla's China-made EV sales in August up 3% yr/yr
Business|Finance|Technology

ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say

TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, two sources with knowledge of the matter

ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say
Business|Economy|Finance|Stock Markets|Technology

Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain

Market values of major tech firms declined in August amid concerns

Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
Business|Finance|Stock Markets|Technology

Alstom closes sale of N.American signalling business to Knorr-Bremse

French train maker Alstom said on Monday it had completed the sale of its North American conventional signalling business to Knorr-Bremse for $690 million.

Alstom closes sale of N.American signalling business to Knorr-Bremse
Business|Finance|Technology

Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, source says

A consortium led by Blackstone is nearing a deal to acquire Australian data centre group AirTrunk for A$20 billion ($13.53 billion) including debt, a person

Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, source says
Business|Finance|Technology

Key events during China's regulatory scrutiny of Alibaba

China's State Administration of Market Regulation (SAMR) said on Friday that Alibaba Group had completed three years "rectification" following a record $2.75 billion fine levied

Key events during China's regulatory scrutiny of Alibaba
Asia|Crime|Technology

South Korea police launch probe into whether Telegram abets online sex crimes, Yonhap reports

South Korean police have launched an investigation into Telegram that will look at whether the encrypted messaging app has been complicit in the distribution

South Korea police launch probe into whether Telegram abets online sex crimes, Yonhap reports
Business|Technology

Ford to recall 90,736 vehicles over engine valve issue, US regulators say

Ford will recall 90,736 vehicles as engine intake valves in the vehicles may break while driving, the National Highway Traffic Safety Administration (NHTSA) said on Saturday.

Ford to recall 90,736 vehicles over engine valve issue, US regulators say
Asia|Business|Finance|Technology

Silicon Valley Bank exits China joint venture, local partner takes full control

Silicon Valley Bank exits China joint venture, local partner takes full control
Technology

California issues draft regulations for operating autonomous trucks

The California Department of Motor Vehicles on Friday issued draft regulations on the operation of autonomous vehicles on highways, paving the way for self-driving trucks to commence long-

California issues draft regulations for operating autonomous trucks
Business|Technology

CrowdStrike exec to testify before Congress on IT outage

A senior executive at cybersecurity firm CrowdStrike will testify before a U.S.

CrowdStrike exec to testify before Congress on IT outage
Business|Finance|Stock Markets|Technology

Intel rises as report of chipmaker exploring options cheers glum investors

Intel's shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor

Intel rises as report of chipmaker exploring options cheers glum investors
Business|Finance|Technology

Dell shares rise as AI server demand boosts results, forecasts

Shares of Dell Technologies rose 4% on Friday, after robust demand for its artificial intelligence-powered servers prompted the company to raise its full-year earnings and revenue forecasts

Dell shares rise as AI server demand boosts results, forecasts
Asia|Business|Technology

China's market regulator says e-commerce giant Alibaba has completed three-year 'rectification' period

China's State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years "rectification" following a fine levied in 2021 for

China's market regulator says e-commerce giant Alibaba has completed three-year 'rectification' period
Business|Technology

Uber CEO says growth in South Korea promising despite underdog status

Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi

Uber CEO says growth in South Korea promising despite underdog status
Business|Finance|Technology

US bankruptcy court approves stalking horse bid for SunPower assets

A U.S. bankruptcy court judge approved on Thursday a $45 million bid for the assets of failed residential solar company SunPower by rival Complete Solaria.

US bankruptcy court approves stalking horse bid for SunPower assets
Business|Technology

OpenAI says ChatGPT's weekly users have grown to 200 million

AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than 200 million weekly active users, double the number it had in the last fall season.

OpenAI says ChatGPT's weekly users have grown to 200 million
Technology

Social media platform X down for thousands of users, Downdetector shows

Social media platform X suffered outages on Thursday afternoon, according to outage tracking site Downdetector.com.

Social media platform X down for thousands of users, Downdetector shows

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