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

Latest From Reuters

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
Technology

Social media platform X back up after brief outage, Downdetector shows

Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to outage tracking website Downdetector.com.

Social media platform X back up after brief outage, Downdetector shows
Business|Entertainment|Fashion and Beauty|Lifestyle|Technology

HMD launches Barbie phone in partnership with Mattel

HMD Global, which makes Nokia-branded phones, said it has teamed up with toymaker Mattel to launch the HMD Barbie Phone - a pint-sized pink feature flip phone with a retro design

HMD launches Barbie phone in partnership with Mattel
Business|Technology

Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US

South Korea's Samsung SDI said on Wednesday it has completed an agreement with General Motors to build a joint electric vehicle (EV)

Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US
Technology

IDC raises annual global smartphone shipments forecast on GenAI optimism

Research firm IDC raised its forecast for full-year global smartphone shipments on Tuesday, citing strong growth in the first half of the year as consumer electronics demand recovers and

IDC raises annual global smartphone shipments forecast on GenAI optimism
Business|Technology

Meta to shut augmented reality studio used by third-party creators

Meta Platforms will shut down the augmented reality studio that third-party creators used for making custom Instagram and Facebook effects, the social media giant said on Tuesday, as it

Meta to shut augmented reality studio used by third-party creators
Crime|Technology

Captain of sunken Lynch family yacht declines to answer investigators' questions

The captain of the luxury yacht owned by the family of British tech magnate Mike Lynch that sank off Sicily last week declined to respond to prosecutors during questioning

Captain of sunken Lynch family yacht declines to answer investigators' questions
Asia|Technology

Thai air force wants to acquire Swedish Gripen 39 fighter jets

The Thai Air Force said on Tuesday it wanted to acquire Gripen 39 fighter jets built by Sweden's SAAB to replace its ageing jet fighters.

Thai air force wants to acquire Swedish Gripen 39 fighter jets
Business|Finance|Technology

Hindenburg takes aim at AI server maker Super Micro with short position

Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged "accounting manipulation" at the AI server maker, the latest by the short seller whose reports

Hindenburg takes aim at AI server maker Super Micro with short position
Business|Technology

China's Xpeng prices its first budget EV from $16,813

Chinese electric vehicle maker Xpeng priced the first model of its budget sub-brand MONA from $16,813 on Tuesday, wedging into the mainstream but highly competitive segment of the

China's Xpeng prices its first budget EV from $16,813
Asia|Business|Technology

Tech firms must comply with Malaysia's laws, minister says, amid backlash over social media licensing plan

Tech companies must comply with local laws to continue operating in Malaysia, a minister said on Tuesday, after an industry group urged the government to pause a plan to

Tech firms must comply with Malaysia's laws, minister says, amid backlash over social media licensing plan
Business|Finance|Technology

Australia's Aware Super buys stake in European fibre platform to tap AI boom

Australian pension fund Aware Super said on Tuesday it has acquired a minority stake in London-headquartered bandwidth infrastructure company euNetworks, in a bid to tap into the

Australia's Aware Super buys stake in European fibre platform to tap AI boom

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