Today: October 05, 2024
Today: October 05, 2024

Latest From Reuters

Business|Technology

Nvidia loses top spot to Microsoft after 3% drop

Nvidia's shares declined nearly 3.4% on Thursday, handing the title of the world's most valuable company back to Microsoft.

Nvidia loses top spot to Microsoft after 3% drop
Business|Technology

Accenture says strong AI demand to power 2024 revenue growth

Accenture forecast annual revenue growth above expectations on Thursday, bolstered by surging demand for its service that helps businesses integrate artificial intelligence

Accenture says strong AI demand to power 2024 revenue growth
Business|Technology

Siemens halts train deliveries to Germany due to defects

Siemens has temporarily stopped deliveries of its new fast-speed ICE trains to rail operator Deutsche Bahn after finding defects in some components, the German conglomerate said on

Siemens halts train deliveries to Germany due to defects
Business|Technology

China says EU mandated its EV firms turn over 'unprecedented' amounts of data

The European Commission sought an unprecedented amount of detailed information on Chinese automakers' supply chains during its investigation into the country's

China says EU mandated its EV firms turn over 'unprecedented' amounts of data
Business|Technology

CDK Global investigating cyber incident, briefly shut all systems

Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut down all its systems proactively, it said on Wednesday.

CDK Global investigating cyber incident, briefly shut all systems
Business|Technology

Former OpenAI chief scientist to start a new AI company

ChatGPT maker OpenAI's co-founder and former chief scientist Ilya Sutskever said on Wednesday that he was starting a new artificial intelligence company.

Former OpenAI chief scientist to start a new AI company
Business|Technology

China approves autonomous driving startup Momenta's US IPO

China's securities regulator said on Monday it has approved autonomous driving startup Momenta Global Limited's initial public offering (IPO) in the United States.

China approves autonomous driving startup Momenta's US IPO
Business|Technology

EV startup Fisker's U.S. units file for bankruptcy

Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a court in Delaware on Wednesday.

EV startup Fisker's U.S. units file for bankruptcy
Business|Economy|Technology

India approves $9-billion port to boost trade with Europe

India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by

India approves $9-billion port to boost trade with Europe
Business|Technology

Dell, Super Micro providing server racks for xAI's supercomputer

Dell Technologies and Super Micro Computer will provide server racks for the supercomputer that Elon Musk's artificial intelligence startup xAI is building, the U.S. businessman said on

Dell, Super Micro providing server racks for xAI's supercomputer
Business|Economy|Technology

Chinese automakers seek retaliatory tariffs on EU cars, state media reports

Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs,

Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Business|Technology

Nvidia becomes world's most valuable company

Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft, as its chips continue to play a central role in a race to dominate the market for

Nvidia becomes world's most valuable company
Business|Technology

Trump Media says SEC's decision may help it get $247 million

Trump Media & Technology Group said on Tuesday the Securities and Exchange Commission has declared effective the company's filing for resale of certain shares and warrants, potentially

Trump Media says SEC's decision may help it get $247 million
Business|Economy|Technology

Fisker's ride from Tesla competitor to bankruptcy

Fisker filed for bankruptcy protection late on Monday, becoming the latest electric-vehicle startup to collapse after Arrival and Lordstown Motors in a tough market dominated by Tesla and

Fisker's ride from Tesla competitor to bankruptcy
Business|Technology

Apple suspends work on next high-end headset, to focus on cheaper model, the Information reports

Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee at a manufacturer that makes key components for the Vision Pro.

Apple suspends work on next high-end headset, to focus on cheaper model, the Information reports
Business|Technology

Blackstone makes $1.7 billion bid for Japan e-comics platform Infocom

Blackstone launched a 275.8 billion yen ($1.74 billion) bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen,

Blackstone makes $1.7 billion bid for Japan e-comics platform Infocom
Business|Economy|Environment|Technology

China economic planner says consumer NEV demand likely to maintain fast growth

Chinese consumer demand for new energy vehicles (NEVs) is likely to maintain its fast growth, which will increase the need for electric vehicle charging infrastructure, the

China economic planner says consumer NEV demand likely to maintain fast growth
Business|Technology

Hitachi plans to sell 40% stake in Johnson Aircon JV, Bloomberg reports

Japan's Hitachi is considering selling its 40% stake in an air-conditioning joint venture with Johnson Controls International Plc, Bloomberg News reported on Tuesday, citing people

Hitachi plans to sell 40% stake in Johnson Aircon JV, Bloomberg reports
Business|Technology

Microsoft's Xbox marketing chief to depart for Roblox

Microsoft's marketing chief of Xbox is leaving the company to join gaming platform Roblox as their chief marketing officer as part of a broader marketing shakeup in the console maker,

Microsoft's Xbox marketing chief to depart for Roblox
Business|Economy|Environment|Technology

Southern Company CEO sees more industry nuclear commitments in US by 2030

Power provider Southern Company CEO Chris Womack said on Monday he expects more industry commitments to build gigawatt-scale light water nuclear reactors in the U.S. before 2030.

Southern Company CEO sees more industry nuclear commitments in US by 2030
Business|Economy|Technology

Apple to discontinue 'buy now, pay later' service in US as it plans new loan program

Apple on Monday said it will discontinue its "buy now, pay later" (BNPL) service in the United States as it launches a new loan program.

Apple to discontinue 'buy now, pay later' service in US as it plans new loan program
Business|Technology

Chile lithium miner SQM reaches supply deal with Hyundai, Kia

Chilean lithium miner SQM, the world's second-largest lithium producer, said on Monday it had reached a long-term supply deal with Hyundai and Kia to provide the carmakers with the

Chile lithium miner SQM reaches supply deal with Hyundai, Kia
Business|Technology

Naver's Webtoon Entertainment aims up to $2.67 billion valuation in US IPO

Online comics platform Webtoon Entertainment said on Monday it is targeting a valuation of up to $2.67 billion in its initial public offering in the United States.

Naver's Webtoon Entertainment aims up to $2.67 billion valuation in US IPO
Business|Economy|Technology

India and US to address barriers to trade and cooperation

India and the United States on Monday committed to action to address barriers to bilateral strategic trade, technology and industrial cooperation.

India and US to address barriers to trade and cooperation
Business|Political|Technology

Appeals court to hear challenges to potential US TikTok ban on Sept. 16

A U.S. appeals court on Monday said it will hold oral arguments on Sept. 16 on legal challenges to a new law requiring China-based ByteDance to divest

Appeals court to hear challenges to potential US TikTok ban on Sept. 16

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