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

Latest From Reuters

Business|Economy|Technology

Chilean lithium to be eligible for U.S. tax break

Products made with Chilean-mined lithium - used for electric-vehicle batteries - will be eligible for U.S. tax benefits, the Andean country's government said on Thursday.

Chilean lithium to be eligible for U.S. tax break
Business|Technology

Tesla delays robotaxi launch to October, Bloomberg News reports

Tesla is delaying the launch of robotaxi by about two months to October as the design team was told to rework some elements of the car, Bloomberg News reported on Thursday, citing people

Tesla delays robotaxi launch to October, Bloomberg News reports
Business|Technology

Intel Capital leads investment in Israeli AI construction tech startup Buildots

Israeli construction technology startup Buildots said on Thursday it had received a $15 million investment led by Intel Capital to help it grow.

Intel Capital leads investment in Israeli AI construction tech startup Buildots
Business|Technology

Volkswagen, QuantumScape strike deal on solid-state batteries

Volkswagen has secured production of solid-state batteries developed with U.S. startup QuantumScape, both companies said on Thursday, as the German carmaker aims to bring the

Volkswagen, QuantumScape strike deal on solid-state batteries
Business|Technology

India's TCS beats Q1 view, flags persistent demand uncertainty

Tata Consultancy Services, India's top IT services company, said despite slightly surpassing first-quarter revenue estimates, it is "

India's TCS beats Q1 view, flags persistent demand uncertainty
Business|Technology

Platinum giant Sibanye hit by cyberattack, mining business unaffected

Sibanye-Stillwater said on Thursday that a cyberattack on its IT system since Monday morning has caused limited disruption to its global operations, but its core mining and processing

Platinum giant Sibanye hit by cyberattack, mining business unaffected
Business|Technology

AI frenzy takes Taiwan's TSMC to record peak, puts it in trillion dollar club

Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable

AI frenzy takes Taiwan's TSMC to record peak, puts it in trillion dollar club
Business|Economy|Technology

Thai PM says digital wallet scheme will spur jobs and manufacturing

The Thai government's flagship 500 billion baht ($13.8 billion) "digital wallet" handout scheme will spur job creation and stimulate underdeveloped provinces and regions, Prime

Thai PM says digital wallet scheme will spur jobs and manufacturing
Business|Technology

Google exploring options against Microsoft's licensing practices, Google cloud head says

Alphabet unit Google's cloud subsidiary will look into other options in its fight against Microsoft's licensing practices, the head of Google Cloud head said on Wednesday.

Google exploring options against Microsoft's licensing practices, Google cloud head says
Business|Technology

Google parent Alphabet walked away from HubSpot deal weeks ago, source says

Google parent Alphabet decided not to pursue a takeover of online marketing software company HubSpot weeks ago, a person familiar with the matter said on Wednesday.

Google parent Alphabet walked away from HubSpot deal weeks ago, source says
Business|Technology

Elon Musk beats $500 million severance lawsuit by fired Twitter workers

Elon Musk beats $500 million severance lawsuit by fired Twitter workers

Elon Musk beats $500 million severance lawsuit by fired Twitter workers
Business|Technology

Tesla hikes Model 3 prices in Europe due to tariffs on China-made EVs

Tesla has raised prices of its Model 3 cars in European countries including Germany, the Netherlands and Spain by about 1,500 euros ($1,622) after the EU imposed tariffs on EVs made

Tesla hikes Model 3 prices in Europe due to tariffs on China-made EVs
Business|Technology

Walmart to speed up distribution of perishable items through five new warehouses

Walmart on Wednesday said it will build five new warehouses with a high tech spin in the United States aiming to bolster and speed up the distribution of perishable products to its 4,600

Walmart to speed up distribution of perishable items through five new warehouses
Business|Political|Technology

Germany in deal to cut Huawei's role in 5G wireless network, sources say

The German government and mobile phone carriers have agreed in principle on steps to phase components by Chinese technology companies out of the nation's 5G wireless

Germany in deal to cut Huawei's role in 5G wireless network, sources say
Business|Technology

Manufacturers slow Gen AI rollout on rising accuracy concerns, says study

Manufacturers are deploying planned Generative AI initiatives at a slower-than-anticipated pace on concerns around accuracy, Lucidworks said in a study on Wednesday.

Manufacturers slow Gen AI rollout on rising accuracy concerns, says study
Business|Technology

Toyota joins group of automakers to help build EV charging network

Toyota has joined a group of major automakers to back electric vehicle charging firm, IONNA, which is building a high-powered EV charging network across North America, the companies said

Toyota joins group of automakers to help build EV charging network
Business|Economy|Technology

Yandex split nears completion as Russian traders finalise share exchange

Russian traders have finalised a share exchange for investors in Yandex, often dubbed Russia's Google, one of the final steps needed to complete a more than $5 billion deal that will see

Yandex split nears completion as Russian traders finalise share exchange
Business|Technology

Microsoft ditches OpenAI board observer seat amid regulatory scrutiny

Microsoft ditches OpenAI board observer seat amid regulatory scrutiny

Microsoft ditches OpenAI board observer seat amid regulatory scrutiny
Business|Economy|Technology

Alstom wins $3 billion train order in Hamburg, shares rise

Alstom has signed a framework deal worth up to 2.8 billion euros ($3.0 billion) to deliver 374 new metro trains and rail technology for Hamburger Hochbahn in Germany, the

Alstom wins $3 billion train order in Hamburg, shares rise
Business|Technology

EU designates XNXX as very large online platform under Digital Services Act

The European Union has designated adult content platform XNXX as a very large online platform (VLOP) under its Digital Services Act (DSA) as it has on average 45 million monthly

EU designates XNXX as very large online platform under Digital Services Act
Business|Technology

Stellantis to recall 332,000 U.S. vehicles over faulty seat belt buckle sensors

Stellantis is recalling 332,000 Alfa Romeo, Jeep, and Fiat vehicles in the United States over a concern with faulty seat belt sensors, the U.S.

Stellantis to recall 332,000 U.S. vehicles over faulty seat belt buckle sensors
Business|Technology

BMW leads German premium car brands in first-half sales

BMW on Tuesday reported the strongest sales among Germany's top three premium carmakers and was the only brand to significantly boost battery-electric deliveries, as Mercedes-Benz

BMW leads German premium car brands in first-half sales
Business|Technology

TSMC Q2 revenue jumps on AI boost, handily beats market forecasts

TSMC, the world's largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts, on the

TSMC Q2 revenue jumps on AI boost, handily beats market forecasts
Business|Technology

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Global shipments of personal computers rose by 3% in the second quarter, helped by demand for AI-capable devices, with Apple seeing the biggest growth among PC makers, preliminary data

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Business|Technology

Musk's xAI, Oracle end talks on $10 billion server deal, the Information reports

Billionaire Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, the Information reported on Tuesday.

Musk's xAI, Oracle end talks on $10 billion server deal, the Information reports

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