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

Latest From Reuters

Business|Technology

Google to invest $2 billion in data centre and cloud services in Malaysia

Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave

Google to invest $2 billion in data centre and cloud services in Malaysia
Business|Technology

Pentagon awards $480 million deal to Palantir for 'Maven' prototype

Palantir has won a $480 million contract from the U.S.

Pentagon awards $480 million deal to Palantir for 'Maven' prototype
Business|Economy|Technology

UK's car output down for second straight month in April, says industry body

Britain's car production fell by 7% year-on-year in April, falling for a second consecutive month, as manufacturers wound down existing models and more plants transitioned to electric

UK's car output down for second straight month in April, says industry body
Business|Technology

OpenAI signs content deals with The Atlantic and Vox Media

Sam Altman-led OpenAI said on Wednesday it has signed content and product partnerships with The Atlantic and Vox Media, helping the artificial intelligence firm to boost and train its

OpenAI signs content deals with The Atlantic and Vox Media
Business|Economy|Technology

Salesforce shares tumble as soft cloud demand hurts forecasts

Salesforce forecast second-quarter profit and revenue below Wall Street estimates on Wednesday due to weak client spending on its cloud and enterprise business products,

Salesforce shares tumble as soft cloud demand hurts forecasts
Business|Environment|Technology

EV switch to hit auto suppliers hard, Stellantis CEO says

The transition to electric vehicles (EVs) would impose a "significant burden" on auto suppliers, Stellantis CEO Carlos Tavares said on Wednesday as Western automakers race to cut

EV switch to hit auto suppliers hard, Stellantis CEO says
Business|Technology

Nexi, Stripe, Adyen launch Apple's Tap to Pay service in Italy

Payments companies Nexi, Stripe and Adyen have started offering businesses in Italy a way to accept payments from customers that relies on Apple's iPhones, they said on Wednesday.

Nexi, Stripe, Adyen launch Apple's Tap to Pay service in Italy
Business|Technology

China's Geely to launch hybrids with more fuel-efficient engines

China's Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first half of next year equipped with its next-generation, more fuel-efficient

China's Geely to launch hybrids with more fuel-efficient engines
Business|Technology

PwC to become OpenAI's largest enterprise customer amid genAI boom

PwC will become the largest customer and first reseller of OpenAI's enterprise product as part of a new deal, the accounting giant said on Wednesday, as businesses rush to adopt and

PwC to become OpenAI's largest enterprise customer amid genAI boom
Business|Technology

BlackRock's ETF becomes largest bitcoin fund in world, Bloomberg News reports

BlackRock's iShares Bitcoin Trust has become the world's largest fund for the world's largest cryptocurrency, racking up nearly $20 billion in total assets since listing in

BlackRock's ETF becomes largest bitcoin fund in world, Bloomberg News reports
Political|Technology

U.S. presses TikTok, Meta and X to crack down on antisemitic posts, Bloomberg News reports

The Biden administration is urging big technology companies to ramp up efforts to curb antisemitic content on their platforms, Bloomberg News reported on Tuesday.

U.S. presses TikTok, Meta and X to crack down on antisemitic posts, Bloomberg News reports
Business|Economy|Technology

Brazil's Congress advances bill to tax low-cost online orders

Brazil's lower house of Congress approved on Tuesday the main text of a bill that would enact a new 20% import tax on international online purchases under $50, significantly down

Brazil's Congress advances bill to tax low-cost online orders
Business|Political|Technology

Trump Media asks Louisiana to investigate trading of its shares

The company that owns Donald Trump's social media platform Truth Social said on Tuesday it has sent a letter to the commissioner of the Louisiana Office of Financial Institutions to open an

Trump Media asks Louisiana to investigate trading of its shares
Business|Economy|Technology

Faraday Future withdraws full-year production forecast as weak EV demand weighs

Electric vehicle maker Faraday Future said on Tuesday it was withdrawing its production forecast for 2024 due to current market conditions and levels of funding, sending its shares down

Faraday Future withdraws full-year production forecast as weak EV demand weighs
Business|Sports|Technology|Travel

Uber to offer Seine cruises, day trips in Paris during Olympics rush

Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming from the upcoming Olympics

Uber to offer Seine cruises, day trips in Paris during Olympics rush
Business|Technology

Judge assured that Tesla won't contest Musk pay ruling outside Delaware

The Delaware judge who voided Elon Musk's record Tesla pay package told the parties in the case that she felt assured by the electric vehicle maker that it would not use an

Judge assured that Tesla won't contest Musk pay ruling outside Delaware
Business|Technology

Cathie Wood's Ark buys stake in Musk's xAI, Bloomberg News reports

Cathie Wood's Ark Investment Management had purchased a stake in xAI, Elon Musk's artificial intelligence startup with a post-money valuation of $24 billion, Bloomberg News reported on

Cathie Wood's Ark buys stake in Musk's xAI, Bloomberg News reports
Technology|Travel

Israel launches ETA system for visa-exempt countries

Israel said on Tuesday it was moving to an electronic travel authorisation system for visitors from visa-exempt countries starting in August, joining Britain, the United States,

Israel launches ETA system for visa-exempt countries
Business|Entertainment|Technology

Verizon adds Peacock to streaming hub, offers discounted YouTube premium plan to customers

Verizon said on Tuesday that it added Comcast's Peacock to its streaming subscription hub and plans to offer YouTube Premium at a discounted rate with myPlan subscriptions.

Verizon adds Peacock to streaming hub, offers discounted YouTube premium plan to customers
Business|Technology

Apple's iPhone sales in China jump 52% in April, data shows

Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government

Apple's iPhone sales in China jump 52% in April, data shows
Business|Technology

BYD unveils new hybrid tech as battle with gasoline rivals heats up

China's BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota and

BYD unveils new hybrid tech as battle with gasoline rivals heats up
Business|Economy|Technology

Activist investor Elliott discloses $2.5 billion stake in Texas Instruments

Activist investor Elliott Investment Management disclosed a $2.5 billion stake in analog chipmaker Texas Instruments and urged the chipmaker to improve its free cash flow.

Activist investor Elliott discloses $2.5 billion stake in Texas Instruments
Business|Technology

Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows

Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid

Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows
Business|Economy|Technology

Amazon in talks with Italy to invest billions of euros in cloud plan, sources say

Amazon's computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre

Amazon in talks with Italy to invest billions of euros in cloud plan, sources say
Business|Political|Technology

Argentine President Milei to meet Apple, Google, Meta CEOs in US

Argentina's President Javier Milei is set to meet with top-level executives from Google, Meta and Apple during a trip to the United States this week, his spokesman Manuel Adorni said on

Argentine President Milei to meet Apple, Google, Meta CEOs in US

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