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

Latest From Reuters

Business|Finance|Technology

China's JD.com announces $5 billion share buyback plan

JD.com said on Tuesday its board has approved a new $5 billion share repurchase program, effective September, allowing the Chinese e-commerce giant to buy back its stock over the next 36

China's JD.com announces $5 billion share buyback plan
Business|Finance|Technology

Sony to raise PlayStation 5 price by 20% in Japan

Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday, citing a difficult external environment including global economic

Sony to raise PlayStation 5 price by 20% in Japan
Business|Finance|Technology

China's low-altitude economy lacks growth roadmap, says industry group

China's nascent low-altitude economy - made up of manned or unmanned aviation services at low elevations - has captured investors' interest but many lack information and guidance

China's low-altitude economy lacks growth roadmap, says industry group
Business|Technology

Boeing says China will need 8,830 new planes over next 20 years

U.S. planemaker Boeing said on Monday it expects China to need 8,830 new planes through 2043, as the country's aviation industry expands and modernizes to meet growing demand for passenger

Boeing says China will need 8,830 new planes over next 20 years
Asia|Business|Technology

China's BYD to use Huawei's advanced autonomous driving system in off-road EVs

Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech conglomerate's advanced autonomous driving system in its off-road Fangchengbao

China's BYD to use Huawei's advanced autonomous driving system in off-road EVs
Business|Technology

Elon Musk voices support for California bill requiring safety tests on AI models

Tesla chief Elon Musk, who also owns social media platform X, said on Monday he feels California should pass an AI bill that would require tech companies and AI developers to conduct

Elon Musk voices support for California bill requiring safety tests on AI models
Business|Technology

Meta Platforms strikes geothermal energy deal to power US data centers

-Facebook owner Meta Platforms struck a deal to buy geothermal power from Sage Geosystems to supply its U.S. data centers, it said on Monday, as it races to build out the infrastructure to support its

Meta Platforms strikes geothermal energy deal to power US data centers
Business|Technology

Apple to hold fall event on Sept. 9, new iPhones expected

Apple will host its fall event on Sept. 9 at its headquarters in Cupertino, California, according to an invite on Monday, where it will likely unveil a series of new iPhones and updates to

Apple to hold fall event on Sept. 9, new iPhones expected
Asia|Business|Technology

Tech giants urge Malaysia to pause plan for social media platform licenses

An Asian industry group that includes Google, Meta and X urged Malaysia in an open letter to pause a plan that will require social media services to apply for a license, citing

Tech giants urge Malaysia to pause plan for social media platform licenses
Business|Europe|Technology

Uber fined in Netherlands for sending drivers' data to the US

Ride-hailing platform Uber has been fined 290 million euros ($324 million) in the Netherlands for sending the personal data of European taxi drivers to the United States in

Uber fined in Netherlands for sending drivers' data to the US
Business|Economy|Finance|Technology

India to launch platform for rural, small business lending, cenbank governor says

India will launch a platform to transfer credit to small and rural borrowers, catering to the large unmet demand across various sectors, especially agricultural and small companies,

India to launch platform for rural, small business lending, cenbank governor says
Business|Europe|Technology

Telegram's Durov still held by French police, franceinfo reports

Russia-born billionaire and Telegram owner Pavel Durov was still being detained for questioning by French police on Monday, local news channel franceinfo reported, after he was

Telegram's Durov still held by French police, franceinfo reports
Business|Europe|Technology

Meyer Burger halts solar plant in Colorado, plans restructuring

Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it announced restructuring measures and suggested profitability would be lower

Meyer Burger halts solar plant in Colorado, plans restructuring
Business|Technology

Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported

A fire broke out at a parking lot at Rivian Automotive’s manufacturing facility in Normal, Illinois late on Saturday damaging many of its electric vehicles, the U.S. startup said on Sunday

Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
Business|Technology

Italian prosecutor opens manslaughter probe in Lynch yacht sinking

An Italian prosecutor has opened a manslaughter investigation into the deaths of British tech magnate Mike Lynch and six other people who were killed when a luxury

Italian prosecutor opens manslaughter probe in Lynch yacht sinking
Business|Technology

Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports

Apple is planning its biggest product launch event of the year on Sept. 10, during which it will unveil the latest iPhones, watches and AirPods, Bloomberg News reported on Friday, citing

Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports
Business|Europe|Technology

Meta, Spotify CEOs take aim at European AI regulations

Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have critisised European regulations surrounding open-source artificial intelligence, saying the continent risks falling behind because

Meta, Spotify CEOs take aim at European AI regulations
Technology

Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage

Microsoft said on Friday it would hold a summit in September to discuss steps to improve cybersecurity systems, after a faulty update from CrowdStrike caused a global IT outage last month.

Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
Technology

Meta cancels plans for high-end mixed-reality headset, the Information reports

Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple's Vision Pro, the Information reported on Friday.

Meta cancels plans for high-end mixed-reality headset, the Information reports
Business|Technology

Chinese smartphone maker Honor gets investment from China Mobile

Chinese smartphone maker Honor said on Friday it has received an undisclosed amount of investment from China Mobile's parent company, as the former Huawei unit gears up towards an

Chinese smartphone maker Honor gets investment from China Mobile
Business|Finance|Technology

Third Point sees room for Apple stock price to climb, letter says

Billionaire hedge fund manager Daniel Loeb sees room for Apple's stock price to climb, especially if the technology company successfully harnesses artificial

Third Point sees room for Apple stock price to climb, letter says
Asia|Europe|Finance|Technology

China and UK must be able to talk frankly and cooperate, Starmer tells Xi

British Prime Minister Keir Starmer told Chinese President Xi Jinping on Friday the two countries must be able to talk frankly about their disagreements and also pursue

China and UK must be able to talk frankly and cooperate, Starmer tells Xi
Business|Europe|Technology

Volkswagen's battery targets not 'set in stone', battery chief tells FAS

Volkswagen's goal of building 200 gigawatt hours of battery capacity by 2030 is not "set in stone" and the carmaker will monitor how demand for electric vehicles (EVs)

Volkswagen's battery targets not 'set in stone', battery chief tells FAS
Business|Technology

Halliburton probes impact of cyber attack with law enforcement

Top U.S. oilfield services firm Halliburton said on Friday it was working with law enforcement to determine the extent of a computer systems breach and was yet to determine if the incident

Halliburton probes impact of cyber attack with law enforcement
Technology

Anthropic says California AI bill's benefits likely outweigh costs

The benefits of California's revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state likely outweigh the costs, Anthropic said on Thursday.

Anthropic says California AI bill's benefits likely outweigh costs

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