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

Latest From Reuters

Business|Europe|Technology

EssilorLuxottica says Meta told it about potential investment

The head of eyewear company EssilorLuxottica said Meta had informed him that it might take a stake in the company, adding on Thursday that he would welcome such a step.

EssilorLuxottica says Meta told it about potential investment
Business|Technology

GM's Cruise looks to start charging for robotaxi rides next year, Bloomberg News reports

General Motors' self-driving technology unit, Cruise, aims to return to running fully autonomous rides later this year and charge fares by early 2025, Bloomberg News reported on Thursday,

GM's Cruise looks to start charging for robotaxi rides next year, Bloomberg News reports
Business|Finance|Technology

Sibanye Stillwater delays releasing results after cyberattack

Sibanye Stillwater will release half-year financial results on Sept. 12, two weeks later than scheduled, after a cyberattack on its IT system caused limited disruption to its global

Sibanye Stillwater delays releasing results after cyberattack
Business|Technology

Musk to discuss $5 billion xAI investment with Tesla board

Tesla CEO Elon Musk said on Thursday he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial

Musk to discuss $5 billion xAI investment with Tesla board
Business|Entertainment|Technology

Disney, Warner Bros launch streaming bundle with ad-free plan for $30/month

A streaming bundle comprising Disney+, Hulu and Max services will be available in the United States from Thursday for a monthly price of $16.99 with ads, and $29.99 without ads, parent

Disney, Warner Bros launch streaming bundle with ad-free plan for $30/month
Business|Europe|Technology

Oracle signs deal to use Italy's Rai Way data centres

Oracle has signed an accord with Rai Way to install its systems for artificial intelligence applications at the Italian infrastructure firm's data centres, the two companies said on

Oracle signs deal to use Italy's Rai Way data centres
Business|Economy|Europe|Technology

EU and Singapore agree digital trade deal

The European Union and Singapore concluded a digital trade agreement on Thursday designed to ease cross-border data flows and shape global rules for data.

EU and Singapore agree digital trade deal
Asia|Business|Technology

Grab no longer buying Trans-cab, Singapore watchdog says

Grab, Southeast Asia's biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore's third-largest taxi operator, Trans-cab, according to a

Grab no longer buying Trans-cab, Singapore watchdog says
Business|Europe|Technology

Stellantis triggers government scrutiny with Comau stake sale

Carmaker Stellantis has agreed to sell a majority stake in its robotic unit Comau to One Equity Partners, in a deal that has drawn scrutiny

Stellantis triggers government scrutiny with Comau stake sale
Asia|Business|Technology

AI cloud provider SMC plans global rollout, CEO says

Singapore - Singapore-headquartered AI cloud provider Sustainable Metal Cloud (SMC) is planning to expand globally as its sees fast-growing demand for its energy saving technology, its CEO said on

AI cloud provider SMC plans global rollout, CEO says
Business|Economy|Technology

India's Tech Mahindra beats Q1 revenue view, expects "better" FY25

India's Tech Mahindra reported its smallest revenue fall in four quarters on Thursday, helped by its manufacturing and healthcare segments, as the company signalled the return of

India's Tech Mahindra beats Q1 revenue view, expects "better" FY25
Business|Economy|Finance|Technology

Global tech outage to cost Air France KLM close to $11 million, says CFO

Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday.

Global tech outage to cost Air France KLM close to $11 million, says CFO
Business|Technology

Apple's China smartphone shipments drop 6.7% as Huawei surges, data shows

Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from

Apple's China smartphone shipments drop 6.7% as Huawei surges, data shows
Business|Finance|Technology

Insured losses from CrowdStrike outage could reach $1.5 billion, CyberCube says

Global insured losses from last week's massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday.

Insured losses from CrowdStrike outage could reach $1.5 billion, CyberCube says
Economy|Finance|Technology

Ether set for biggest daily fall in three months, no US ETF bounce

Cryptocurrency ether dropped as much as 7% on Thursday as it got caught up in the broad market sell-off and failed to get a lift from this week's launch of the first U.S. exchange

Ether set for biggest daily fall in three months, no US ETF bounce
Business|Europe|Technology

Vodafone's growth slows as Germany goes into reverse

Vodafone reported a slow down in top-line growth on Thursday, ending four quarters of accelerating improvement, after law changes related to selling TV services in

Vodafone's growth slows as Germany goes into reverse
Business|Finance|Technology

Bitfarms adopts second 'poison pill' after Canadian tribunal terminates first

Bitcoin miner Bitfarms said on Wednesday it adopted a second 'poison pill' after a Canadian tribunal ceased the earlier one adopted to fend off a potential hostile takeover attempt by rival

Bitfarms adopts second 'poison pill' after Canadian tribunal terminates first
Economy|Technology

UK and India launch technology security initiative

Britain said on Wednesday it had launched a new technology security initiative with India aimed at boosting economic growth, fostering collaboration on telecoms security and

UK and India launch technology security initiative
Americas|Business|Economy|Technology

Mexico president says Musk 'not serious' about possibly scrapping Mexican investment

Mexico's president on Wednesday pushed back on Tesla CEO Elon Musk's comments that the EV maker has paused plans for a plant in Mexico and would reassess

Mexico president says Musk 'not serious' about possibly scrapping Mexican investment
Business|Technology

Google's Vertex AI to use Mistral AI's Codestral

Google Cloud will use Mistral AI's Codestral artificial intelligence model for Google's Vertex AI service, Google Cloud said on Wednesday.

Google's Vertex AI to use Mistral AI's Codestral
Business|Technology

Microsoft aims to boost AI workload capacity with Lumen partnership

Microsoft will use Lumen Technologies' network equipment to expand its capacity for AI workloads, the companies said on Wednesday, as the technology giant looks to meet growing demand at

Microsoft aims to boost AI workload capacity with Lumen partnership
Africa|Crime|Technology

Meta removes 63,000 Instagram accounts in Nigeria over 'sextortion' scams

Meta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial sexual extortion scams mostly aimed at adult men in the United

Meta removes 63,000 Instagram accounts in Nigeria over 'sextortion' scams
Business|Technology

BMW to recall 290,000 faulty vehicles in US on safety fears

BMW is recalling 291,112 vehicles in the U.S. as their interior cargo rails could detach during a rear crash, increasing the risk of injury, the U.S.

BMW to recall 290,000 faulty vehicles in US on safety fears
Business|Finance|Technology

Fortune 500 firms to see $5.4 billion in CrowdStrike losses, says insurer Parametrix

U.S. Fortune 500 companies, excluding Microsoft, will face $5.4 billion in financial losses from the recent CrowdStrike outage, insurer Parametrix said on Wednesday.

Fortune 500 firms to see $5.4 billion in CrowdStrike losses, says insurer Parametrix
Business|Europe|Technology

Atos appoints fifth CEO in less than two years

French technology company Atos on Wednesday appointed its chairman Jean Pierre Mustier as CEO to replace departing boss Paul Saleh in its fifth top management reshuffle in less than two

Atos appoints fifth CEO in less than two years

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