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

Latest From Reuters

Business|Finance|Technology

Brazil judge blocks Starlink accounts in the country amid X spat, source says

Brazilian Supreme Court judge Alexandre de Moraes on Thursday ordered the blocking of the financial accounts of billionaire Elon Musk's Starlink due to the lack of legal

Brazil judge blocks Starlink accounts in the country amid X spat, source says
Business|Finance|Technology

Apple, Nvidia in talks to join OpenAI funding round, media reports say

Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion, according to media reports

Apple, Nvidia in talks to join OpenAI funding round, media reports say
Americas|Business|Technology|World

What is Elon Musk's feud with a Brazilian Supreme Court justice about?

A Brazilian Supreme Court justice on Friday ordered the country's telecommunications regulator Anatel to shut down Elon Musk's social media platform X after the billionaire failed

What is Elon Musk's feud with a Brazilian Supreme Court justice about?
Business|Technology

GM to move BrightDrop electric commercial vans to its Chevrolet brand

General Motors said on Thursday it would transition BrightDrop commercial vans under Chevrolet, allowing the all-electric vehicle to utilize the brand's extensive dealership and service

GM to move BrightDrop electric commercial vans to its Chevrolet brand
Business|Finance|Technology

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn interest from suitors including Samsung Electronics, Bloomberg News reported on

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports
Business|Finance|Technology

Best Buy lifts annual profit forecast as cost controls pay off

Best Buy raised its annual profit forecast on Thursday, as tighter controls on costs help the electronics retailer more than offset the impact from steeper discounts and

Best Buy lifts annual profit forecast as cost controls pay off
Business|Finance|Technology

Salesforce gains as software firm bets on AI tools to power growth

Shares of Salesforce gained about 4% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence push to

Salesforce gains as software firm bets on AI tools to power growth
Business|Finance|Stock Markets|Technology

Nvidia 'beats' as expected, but fallout limited

A look at the day ahead in U.S. and global markets from Mike Dolan After all that, Nvidia beat expectations - which has become "expected" - and the stock retreated about 5%.

Nvidia 'beats' as expected, but fallout limited
Business|Europe|Finance|Technology

Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges

Europe's STOXX 600 rose on Thursday and Germany's DAX closed at a record high, led by tech stocks, after softer inflation data lifted hopes for

Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges
Technology

China to continue with low-carbon reforms, energy regulator says

China will keep phasing out fossil fuels and

China to continue with low-carbon reforms, energy regulator says
Business|Europe|Finance|Stock Markets|Technology

Nvidia watch party over, back to inflation vigil

A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as AI darling Nvidia failed to meet expectations of investors who were not satisfied with its profits,

Nvidia watch party over, back to inflation vigil
Business|Finance|Technology

J.D. Power cuts U.S. EV sales forecast to 9% as growth slows

U.S. electric vehicle (EV) sales are expected to reach just 9% of the market this year, consulting firm J.D. Power said in a report on Wednesday, lowering its previous forecast of 12%.

J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
Business|Technology

SK Hynix develops sixth-gen DRAM chip that uses less power

SK Hynix, world's second-largest memory chip maker, said on Thursday it had developed the industry's first sixth-generation 10-nanometre dynamic random access memory (DRAM) chip with

SK Hynix develops sixth-gen DRAM chip that uses less power
Business|Finance|Technology

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and

HP forecasts downbeat profit as weak PC market, competition weigh
Finance|Technology

OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports

OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall

OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports
Technology

Meta considers new mixed reality glasses as headsets alternative, the Information reports

Meta Platforms is planning a mixed reality device that resembles a bulky pair of glasses, the Information reported on Wednesday, citing two employees from the social media giant.

Meta considers new mixed reality glasses as headsets alternative, the Information reports
Business|Environment|Health|Technology

Musk's xAI operating gas turbines without permits at data center, environmental group says

Elon Musk's AI startup, xAI, is facing criticism from environmental and health advocates for allegedly contributing to pollution in Memphis, Tennessee, by using natural gas-burning

Musk's xAI operating gas turbines without permits at data center, environmental group says
Business|Technology

Alphabet to roll out image generation of people on Gemini after pause

Alphabet's Google said on Wednesday it has updated Gemini's AI image-creation model and would roll out the generation of visuals of people in the coming days, after months-long pause of the

Alphabet to roll out image generation of people on Gemini after pause
Business|Entertainment|Finance|Technology

Cyberpunk maker CD Projekt's first-half net profit jumps 88%

Poland's biggest games developer CD Projekt posted on Wednesday an 88% year-on-year jump in its first-half net profit, driven by higher sales of its flagship Cyberpunk game.

Cyberpunk maker CD Projekt's first-half net profit jumps 88%
Business|Technology

Dick's Sporting Goods discloses unauthorized third-party access to information

Dick's Sporting Goods said on Wednesday it discovered last week that an unauthorized third party had access to its information systems, including certain confidential data.

Dick's Sporting Goods discloses unauthorized third-party access to information
Asia|Business|Technology

Chinese EV maker BYD boosts net profit despite discounts

Chinese electric vehicle maker BYD reported improved net profits in the second quarter thanks to its extended market leadership, even though it led a protracted price war with

Chinese EV maker BYD boosts net profit despite discounts
Europe|Finance|Stock Markets|Technology

Insurance, chemical stocks keep STOXX 600 at over one-month high

The benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and chemical stocks ahead of closely-

Insurance, chemical stocks keep STOXX 600 at over one-month high
Asia|Business|Technology

Two more Chinese airlines to start flying China-made COMAC C919 jet

Air China and China Southern Airlines will become the second and third Chinese carriers to fly China's homegrown COMAC C919 passenger jet after receiving their first planes on

Two more Chinese airlines to start flying China-made COMAC C919 jet
Business|Europe|Finance|Stock Markets|Technology

Market held in thrall ahead of Nvidia numbers

A look at the day ahead in European and global markets from Tom Westbrook Nvidia is holding the investment world in thrall ahead of an earnings report later today that, even if it delivers the

Market held in thrall ahead of Nvidia numbers
Business|Technology

Apple cuts about 100 digital services jobs, Bloomberg News reports

Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team responsible for its Apple Books app and Apple Bookstore, Bloomberg News

Apple cuts about 100 digital services jobs, Bloomberg News reports

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