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

Latest From Reuters

Business|Technology

Elon Musk ordered to testify again in US SEC probe of Twitter takeover

A federal court ordered on Tuesday that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter.

Elon Musk ordered to testify again in US SEC probe of Twitter takeover
Business|Technology

Elon Musk's xAI nears $10 billion deal to rent Oracle's AI servers, The Information reports

Elon Musk's artificial intelligence startup xAI has been talking to Oracle executives about spending $10 billion to rent cloud servers from the company over a period of years, The

Elon Musk's xAI nears $10 billion deal to rent Oracle's AI servers, The Information reports
Business|Technology

Meta to shut Workplace app to focus on AI, metaverse

Meta Platforms will discontinue its work-focused Workplace app as the company shifts its focus on building artificial intelligence and metaverse technologies, the Facebook parent said on

Meta to shut Workplace app to focus on AI, metaverse
Business|Technology

BYD to nail down Mexico plant site by year-end, Americas head says

Chinese electric auto maker BYD expects to have chosen a site to build a plant in Mexico, where it will put out up to 150,000 cars a year, by the end of 2024, the firm's

BYD to nail down Mexico plant site by year-end, Americas head says
Business|Economy|Political|Technology

Biden hikes US tariffs on Chinese imports

U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products.

Biden hikes US tariffs on Chinese imports
Business|Technology

Amazon's cloud unit chief to step down after three years

The chief of Amazon.com's wildly profitable Amazon Web Services cloud computing unit will step down next month after a three-year term, the company said

Amazon's cloud unit chief to step down after three years
Business|Entertainment|Technology

Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle

Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as the media and broadband company looks to retain subscribers in the face of stiff

Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle
Business|Economy|Technology

Boeing commercial jet deliveries drop by two in April

Boeing said on Tuesday it delivered 24 commercial airplanes last month, down by two from the 26 planes it handed over to customers during a weak April for deliveries a year ago, as the U.S

Boeing commercial jet deliveries drop by two in April
Business|Economy|Political|Technology

Factbox-What are Biden's new tariffs on China goods?

President Joe Biden is hiking tariffs on $18 billion in Chinese goods including electric vehicles, batteries, semiconductors, steel, aluminum,

Factbox-What are Biden's new tariffs on China goods?
Business|Technology

Stellantis brings Leapmotor to Europe in budget EV battle

Stellantis is seeking the maximum manufacturing flexibility to navigate potential customs duties as it takes on China's budget electric vehicle (EV) players with models

Stellantis brings Leapmotor to Europe in budget EV battle
Business|Technology

Rumble sues Google over digital advertising practices

Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and

Rumble sues Google over digital advertising practices
Business|Economy|Technology

Europe can't lag behind in 5G technology - German Chancellor Scholz

German Chancellor Olaf Scholz called on Monday for an expansion of the 5G mobile network in Europe at the Nordic summit on security and competitiveness in Stockholm.

Europe can't lag behind in 5G technology - German Chancellor Scholz
Business|Technology

Apple set to sell Vision Pro headset outside US, Bloomberg News reports

Apple is gearing up to sell its Vision Pro mixed-reality headset outside the United States, Bloomberg News reported on Monday, in a bid to invigorate demand for its most expensive bet in

Apple set to sell Vision Pro headset outside US, Bloomberg News reports
Business|Economy|Technology

Intel nears $11 billion deal with Apollo for Ireland factory, WSJ reports

Intel is in advanced talks for a deal with Apollo Global Management in which the equity firm would provide more than $11 billion to build a facility in Ireland, the Wall Street Journal

Intel nears $11 billion deal with Apollo for Ireland factory, WSJ reports
Business|Economy|Technology

Microsoft to invest 4 billion euros in France

Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual 'Choose France' business summit, its vice chair and president Brad

Microsoft to invest 4 billion euros in France
Business|Technology

British newspaper groups warn Apple over ad-blocking plans, FT reports

British newspaper groups have warned Apple that any move to impose a so-called "web eraser" tool to block advertisements would put the financial sustainability of journalism at risk, the

British newspaper groups warn Apple over ad-blocking plans, FT reports
Business|Economy|Technology

French presidency: Amazon to announce new 1.2 billion euros investment in France

U.S. internet giant Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the French presidency said on Sunday ahead of the start of the country's annual

French presidency: Amazon to announce new 1.2 billion euros investment in France
Business|Economy|Technology

South Korea prepares support package worth over $7 billion for chip industry

South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after

South Korea prepares support package worth over $7 billion for chip industry
Business|Technology

Apple's Maryland store workers vote to authorize strike

Workers at Apple's store in Towson, Maryland, have voted in favor of authorizing a strike, the International

Apple's Maryland store workers vote to authorize strike
Business|Technology

Arm plans to launch AI chips in 2025, Nikkei reports

SoftBank Group's Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday.

Arm plans to launch AI chips in 2025, Nikkei reports
Business|Technology

After layoffs, Musk says Tesla to spend $500 million on charging network

Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on Friday, days after abruptly laying off employees who were running the business.

After layoffs, Musk says Tesla to spend $500 million on charging network
Business|Technology

US agency opens probe into over 200,000 Ford vehicles on fuel leak risks

The U.S. auto safety regulator said on Friday it was opening a preliminary evaluation into 210,960 Ford vehicles following complaints alleging diesel fuel leaks that may result in a fire.

US agency opens probe into over 200,000 Ford vehicles on fuel leak risks
Business|Technology

Chinese EV maker Zeekr soars nearly 35% in stellar US market debut

Zeekr's shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle maker, the first major

Chinese EV maker Zeekr soars nearly 35% in stellar US market debut
Business|Technology

Honda ramps up R&D spending as it expands hybrid push

Honda Motor Co said on Friday it would increase R&D spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it

Honda ramps up R&D spending as it expands hybrid push
Business|Economy|Technology

Chinese venture capitalists warn IPO freeze will hit innovation

Chinese venture capitalists have warned the country's IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, undermining

Chinese venture capitalists warn IPO freeze will hit innovation

Follow