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

Latest From Reuters

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
Technology

Court blocks key part of California law on children's online safety

A U.S. appeals court on Friday left intact a key part of an injunction blocking a California law meant to shield children from online content that could harm them

Court blocks key part of California law on children's online safety
Celebrity|Entertainment|Technology

Prince Harry urges caution on AI at start of trip to Colombia

Britain's Prince Harry urged caution over artificial intelligence and talked of social media as divisive during a panel in Colombia's capital Bogota alongside his wife Meghan and

Prince Harry urges caution on AI at start of trip to Colombia
Business|Economy|Finance|Technology

Chipmaker Texas Instruments to receive up to $1.6 billion in funding from US

Texas Instruments said on Friday it would receive up to $1.6 billion in funding from the U.S.

Chipmaker Texas Instruments to receive up to $1.6 billion in funding from US
Crime|Entertainment|Technology

Turkey blocks Roblox access over abuse concerns, justice minister says

Turkey has blocked access to the popular video game platform Roblox over concerns about content that could lead to child abuse, the country's justice minister said.

Turkey blocks Roblox access over abuse concerns, justice minister says
Business|Technology

Palantir to deploy AI products on Microsoft Azure for U.S. government agencies

Palantir Technologies said on Thursday it will offer its products, including the Artificial Intelligence Platform (AIP) on Microsoft's cloud platforms, which cater to the U.S. government

Palantir to deploy AI products on Microsoft Azure for U.S. government agencies
Business|Technology

Viasat raises fiscal 2025 revenue forecast on boost from aviation, defense markets

Viasat raised its fiscal year 2025 revenue forecast on Wednesday, indicating a surge in demand for the satellite communications company's connectivity solutions from the aviation and

Viasat raises fiscal 2025 revenue forecast on boost from aviation, defense markets
Business|Technology

NTSB to conduct safety culture survey of Boeing 737 MAX factory workers

The National Transportation Safety Board plans to conduct a safety culture survey of employees at Boeing's 737 MAX factory in Renton, Washington, the board's chair said on Wednesday.

NTSB to conduct safety culture survey of Boeing 737 MAX factory workers
Business|Finance|Technology

Shopify soars as AI focus powers quarterly beat, bullish forecast

Shopify beat analysts' estimates for second-quarter results and forecast upbeat sales growth on Wednesday as its AI-enabled tools attracted more merchants to its e-commerce services,

Shopify soars as AI focus powers quarterly beat, bullish forecast
Business|Economy|Technology

US auto regulator opens probe into more than 77,000 Nissan SUVs

U.S. auto safety regulator has opened a preliminary evaluation into 77,131 Nissan vehicles over reports of an issue with the steering tie rod, it said on Wednesday.

US auto regulator opens probe into more than 77,000 Nissan SUVs
Business|Finance|Stock Markets|Technology|Travel

Airbnb shares slumps as weak forecast signals slowing travel demand

Shares of Airbnb slumped nearly 14% on Wednesday after the online travel company forecast third-quarter revenue below estimates, citing slowing demand in the United States and shorter

Airbnb shares slumps as weak forecast signals slowing travel demand
Business|Finance|Technology

KKR to help Fuji Soft go private under $4 billion management buyout, Nikkei reports

U.S. private equity firm KKR & Co plans to help Japanese system developer Fuji Soft go private under a management buyout worth about 600 billion yen ($4.09 billion), the Nikkei

KKR to help Fuji Soft go private under $4 billion management buyout, Nikkei reports
Business|Finance|Stock Markets|Technology

High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast

Shares of AI high-flier Super Micro Computer tumbled to a six month low on Wednesday as a faster-than-expected contraction in the server maker's gross margin overshadowed a

High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast
Asia|Business|Technology

Hyundai to invest $28 million in Thailand for EV assembly, batteries

South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country's

Hyundai to invest $28 million in Thailand for EV assembly, batteries
Business|Finance|Technology

Illumina expects full-year sales from core segment to decline on biotech funding crunch

Gene sequencing machine maker Illumina on Tuesday forecast 2024 sales from its core segment to decline, a sign that subdued demand for its instruments used in genetic tests could extend

Illumina expects full-year sales from core segment to decline on biotech funding crunch
Business|Finance|Technology

Computer parts maker Logitech appoints Matteo Anversa as CFO

Computer accessories maker Logitech International said on Tuesday it has appointed Matteo Anversa as its chief financial officer, effective Sept. 1.

Computer parts maker Logitech appoints Matteo Anversa as CFO
Business|Finance|Technology

Reddit forecasts quarterly revenue above estimates on strong ad spend

Reddit forecast third-quarter revenue above Wall Street estimates on Tuesday, a sign that a recovering digital ad market would draw more advertisers to the social media

Reddit forecasts quarterly revenue above estimates on strong ad spend

Follow