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

Latest From Reuters

Business|Technology

Volkswagen delays ID.7 EV launch in US, Canada

Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics.

Volkswagen delays ID.7 EV launch in US, Canada
Business|Economy|Technology

Amazon Web Services to invest $17.02 billion in data centres in Spain

Tech giant Amazon's cloud computing unit AWS will invest 15.7 billion euros ($17.02 billion) in data centres in Spain's northeastern Aragon region, it said on Wednesday,

Amazon Web Services to invest $17.02 billion in data centres in Spain
Business|Economy|Technology

Analog Devices forecasts robust quarterly revenue on chip market recovery

Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its industrial chips after a prolonged slump, sending its shares up

Analog Devices forecasts robust quarterly revenue on chip market recovery
Business|Economy|Technology

Temu-parent PDD Holdings beats first-quarter revenue estimates

PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and and growing consumer interest in its

Temu-parent PDD Holdings beats first-quarter revenue estimates
Business|Economy|Technology

Intercontinental Exchange to pay $10 million over delayed cyber disclosures, SEC says

Intercontinental Exchange Inc (ICE) will pay a $10 million penalty to settle charges its subsidiaries failed to immediately alert the Securities and Exchange Commission of a cyber intrusion

Intercontinental Exchange to pay $10 million over delayed cyber disclosures, SEC says
Business|Technology

Viasat shares fall as slowing fixed broadband hurts revenue outlook

Viasat forecast annual revenue below Wall Street estimates in anticipation of a slowdown in its satellite services business, sending its shares down more than 11% after the bell on Tuesday

Viasat shares fall as slowing fixed broadband hurts revenue outlook
Business|Technology

Google set to bring ads in search AI Overviews

Google will start testing search and shopping ads in its AI-generated answers in the U.S., the Alphabet-owned company said on Tuesday, days after it rolled out the AI Overviews feature

Google set to bring ads in search AI Overviews
Entertainment|Technology

New York-Dublin video portal reopens with 'bad behaviour' fix

A live video portal linking New York with Dublin has reopened after being fitted with sensors that organisers hope will block out inappropriate behaviour by passers-by - including

New York-Dublin video portal reopens with 'bad behaviour' fix
Business|Technology

What are AI PCs?

The PC just got an AI makeover, raising hopes that the buzzy technology would help revive an industry that has been on a steady decline over the last few years. 

What are AI PCs?
Business|Technology

Slowing EV uptake may delay Panasonic's EV battery expansion, CEO says

A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in

Slowing EV uptake may delay Panasonic's EV battery expansion, CEO says
Business|Technology

GE Aerospace hiring 900 engineers this year

GE

GE Aerospace hiring 900 engineers this year
Business|Technology

AI startup Anthropic hires Airbnb veteran Krishna Rao as first CFO

Artificial intelligence startup Anthropic has hired Airbnb veteran Krishna Rao as its first finance chief, the company said on Tuesday, as it plans to expand its AI offerings and better

AI startup Anthropic hires Airbnb veteran Krishna Rao as first CFO
Business|Environment|Technology

PepsiCo to expand EV fleet in California with Tesla semis, Ford vans

PepsiCo said on Tuesday it would expand its fleet of electric vehicles in California, deploying 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric vans at its facilities in the

PepsiCo to expand EV fleet in California with Tesla semis, Ford vans
Business|Entertainment|Technology

Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month

Comcast's new streaming bundle, packaging its Peacock service with Netflix and Apple TV+, will cost $15 per month for all Xfinity internet and TV customers, the media and broadband company

Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
Business|Economy|Technology

Boeing to invest C$240 million in Canadian aerospace development

Boeing will invest a total of C$240 million ($176 million) in three Canadian aerospace development projects as part of an agreement to sell Poseidon military surveillance planes to Ottawa,

Boeing to invest C$240 million in Canadian aerospace development
Business|Technology

Nissan pauses EV sedan development in US, widens lineup

Nissan Motor Co has paused development plans for two battery-powered sedans while expanding its EV lineup to five vehicles in the United States, the Japanese automaker said on Tuesday.

Nissan pauses EV sedan development in US, widens lineup
Business|Technology

VinFast sued in the US for not paying rent for showroom

Vietnam's electric vehicle maker VinFast is being sued in a California court for not having paid rent for a store, according to a complaint filed by real estate services firm SPG

VinFast sued in the US for not paying rent for showroom
Business|Technology

Li Auto delays pure electric SUV launch due to insufficient fast charging network

China's Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing hurdles such as a lack of enough fast chargers, sending its shares down more

Li Auto delays pure electric SUV launch due to insufficient fast charging network
Business|Technology

AI-intensive sectors are showing a productivity surge, PwC says

The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes

AI-intensive sectors are showing a productivity surge, PwC says
Economy|Technology

Bitcoin rises to $70,206

Bitcoin rose to $70,206 at 20:03 GMT on Monday, adding $3,931 to its previous close. The world's biggest and best-known cryptocurrency is up 82.3% from the year's low of $38,505 on Jan.

Bitcoin rises to $70,206
Business|Economy|Technology

Palo Alto's quarterly billings forecast fails to impress investors, shares fall

Palo Alto Networks' fourth-quarter billings forecast disappointed investors on Monday, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in

Palo Alto's quarterly billings forecast fails to impress investors, shares fall
Business|Technology

Zoom lifts annual forecasts on robust demand amid AI push

Zoom Video Communications on Monday raised its annual forecast for profit and revenue, helped by robust demand for its product portfolio as companies continue to adopt hybrid work.

Zoom lifts annual forecasts on robust demand amid AI push
Business|Technology

Audi, partner SAIC to develop China-specific EV platform

Volkswagen's premium brand Audi said on Monday it would jointly develop a new China-specific platform for intelligent and electric vehicles with its Chinese joint venture partner

Audi, partner SAIC to develop China-specific EV platform
Business|Technology

Apple slashes iPhone prices in China amid fierce Huawei competition

Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.

Apple slashes iPhone prices in China amid fierce Huawei competition
Business|Technology

Google invests 1 billion euros in Finnish data centre to drive AI growth

Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI)

Google invests 1 billion euros in Finnish data centre to drive AI growth

Follow