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

Latest From Reuters

Business|Technology

List of Chinese entities who have turned to the cloud for access to restricted US tech

State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire

List of Chinese entities who have turned to the cloud for access to restricted US tech
Business|Technology

Perplexity AI to launch ads on search platform by fourth quarter

Nvidia and Jeff Bezos-backed Perplexity AI said on Thursday that it plans to introduce advertising on its artificial intelligence-powered search platform by the fourth quarter.

Perplexity AI to launch ads on search platform by fourth quarter
Business|Europe|Technology

BMW overtakes Tesla in European EV sales for first time, report says

BMW led the European battery electric vehicle (BEV) market for the first time, beating U.S. automaker Tesla, according to market research firm JATO Dynamics.

BMW overtakes Tesla in European EV sales for first time, report says
Asia|Business|Finance|Technology

SoftBank in talks to invest in Sharp but feasibility unclear, Kyodo reports

Japanese telecom company SoftBank Corp is in talks to invest about 100 billion yen ($684 million) in electronics maker Sharp Corp, but the feasibility of the deal remains unclear,

SoftBank in talks to invest in Sharp but feasibility unclear, Kyodo reports
Business|Economy|Europe|Technology

France's Macron to discuss AI and economy on trip to Serbia

French President Emmanuel Macron will use a trip to Serbia at the end of this month to discuss strengthening economic ties between the countries and Serbia's role in the AI sector,

France's Macron to discuss AI and economy on trip to Serbia
Business|Economy|Technology

Baidu touts AI edge as ad revenue stalls

Baidu said its leading position in AI in China means it is well positioned to navigate an increasingly competitive market despite reporting a decline in quarterly revenue.

Baidu touts AI edge as ad revenue stalls
Business|Economy|Technology

Wolfspeed forecasts weak first-quarter revenue on manufacturing issues

Wolfspeed forecast first-quarter revenue below estimates on Wednesday, anticipating manufacturing issues that could affect its production capacity amid slowing EV sales.

Wolfspeed forecasts weak first-quarter revenue on manufacturing issues
Business|Entertainment|Technology

India's Zomato expands movie and event ticketing business with $244 million Paytm deal

India's Zomato said on Wednesday it will acquire the movie and

India's Zomato expands movie and event ticketing business with $244 million Paytm deal
Crime|Europe|Technology

Sweden and Denmark to pressure tech platforms over gang crime ads

Sweden and Denmark will summon tech companies over ads on their platforms that are posted by gangs to recruit young Swedes to commit violent crimes in the Nordics, the

Sweden and Denmark to pressure tech platforms over gang crime ads
Business|Finance|Technology

Chipmaker Analog Devices forecasts strong Q4 results as demand recovers

Analog Devices forecast fourth-quarter revenue and profit above Wall Street expectations on Wednesday, as it benefits from returning demand for its chips used in consumer electronics.

Chipmaker Analog Devices forecasts strong Q4 results as demand recovers
Business|Finance|Technology

Xiaomi Q2 revenue beats estimate, reveals auto unit sales

China's Xiaomi Corp on Wednesday reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit's contribution of 6.2 billion yuan

Xiaomi Q2 revenue beats estimate, reveals auto unit sales
Asia|Business|Europe|Technology

Chinese body says EU draft on EV tariffs lacks objectivity, fairness

The European Union's draft findings from an anti-subsidy investigation into Chinese electric vehicles (EV) lack objectivity and fairness, a Chinese industry body said on Wednesday.

Chinese body says EU draft on EV tariffs lacks objectivity, fairness
Business|Europe|Technology

China's SAIC vows to take further measures after EU draft findings on subsidies

China's SAIC Motor said on Wednesday it will take further legal measures to protect its rights and interests following the European Commission's draft findings from its anti-

China's SAIC vows to take further measures after EU draft findings on subsidies
Asia|Business|Economy|Europe|Technology

China auto body says EU draft on tariffs for Chinese EVs brings 'enormous risks'

The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made electric vehicles,

China auto body says EU draft on tariffs for Chinese EVs brings 'enormous risks'
Business|Technology

Energix signs long-term solar power deal with Google

Energix Renewables said on Tuesday it has signed a long term agreement with Alphabet's Google to supply electricity and renewable energy credits generated from its solar projects to the

Energix signs long-term solar power deal with Google
Business|Entertainment|Technology

OpenAI signs content deal with Condé Nast

Sam Altman-led OpenAI on Tuesday announced a multi-year partnership with Condé Nast to display content from its brands such as the Vogue and the New Yorker within the AI startup's products,

OpenAI signs content deal with Condé Nast
Business|Technology

Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says

Uber Technologies has hired former Tesla executive Rebecca Tinucci to oversee the ride-hailing platform's shift to electric vehicles, according to an internal memo seen by Reuters on

Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says
Business|Finance|Technology

Analog chipmaker TI expects free cash flow to jump in 2026

Texas Instruments said on Tuesday its free cash flow (FCF) would jump in 2026 as demand rebounds and the analog chipmaker tightens capital spending after pressure from

Analog chipmaker TI expects free cash flow to jump in 2026
Business|Technology

Alphabet's Waymo robotaxi unit doubles its paid rides in three months

Alphabet's Waymo said on Tuesday it had doubled its paid rides to 100,000 per week in just over three months as the autonomous ride-hailing firm expanded its areas of service

Alphabet's Waymo robotaxi unit doubles its paid rides in three months
Asia|Business|Finance|Technology

India and Malaysia look to reset relations with trade boost

By Krishna N.

India and Malaysia look to reset relations with trade boost
Business|Entertainment|Technology

Tencent-backed video game 'Black Myth: Wukong' hits record player numbers on debut

A new video game title launched on Tuesday by a Tencent-backed startup has quickly become the most-played game on a major online platform, highlighting growing interest in Chinese-

Tencent-backed video game 'Black Myth: Wukong' hits record player numbers on debut
Business|Europe|Technology

Battery maker Northvolt to shift R&D from California to Sweden

Battery maker Northvolt will shut down and shift development of lithium-metal battery technology from California to its R&D hub in Vasteras, Sweden, the company said on Tuesday.

Battery maker Northvolt to shift R&D from California to Sweden
Business|Technology

GoPro to cut 15% of workforce in restructuring push

Action camera maker GoPro said on Monday it would cut about 15% of its workforce this year, as part of a restructuring plan to reduce operating expenses.

GoPro to cut 15% of workforce in restructuring push
Business|Technology

South Korean AI chip makers Rebellions and Sapeon agree to merge

South Korean artificial-intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement, the privately held companies said on Sunday.

South Korean AI chip makers Rebellions and Sapeon agree to merge
Asia|Business|Technology

China's BYD plans car plant in Karachi as part of Pakistan entry

Chinese electric vehicle giant BYD (002594

China's BYD plans car plant in Karachi as part of Pakistan entry

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