Today: September 23, 2024
Today: September 23, 2024

Technology

Economy|Environment|News|Science|Technology

Electric car sales to rise but affordability in focus, IEA says

Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the International Energy Agency (IEA) forecast on Tuesday, adding affordability

Electric car sales to rise but affordability in focus, IEA says
Science|Technology

Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, the two firms said on Tuesday.

Vietnam's FPT to invest $200 million in AI factory using Nvidia chips
Business|News|Technology|Travel

Japan's 7-Eleven convenience chain targets aggressive global growth

Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into

Japan's 7-Eleven convenience chain targets aggressive global growth
News|Technology|World

North Korea hacking teams hack South Korea defence contractors - police

Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks

North Korea hacking teams hack South Korea defence contractors - police
Business|Economy|News|Technology

Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war

Japanese electric motor maker Nidec on Tuesday posted an unexpected operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce

Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
Science|Technology

Microsoft launches lightweight AI model

Microsoft on Tuesday launched a lightweight artificial intelligence model, as it looks to attract a wider client base with cost-effective options.

Microsoft launches lightweight AI model
Business|News|Technology|World

Apple's Q1 smartphone shipments in China tumble 19%, data shows

Apple's smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as the iPhone maker took a hit from

Apple's Q1 smartphone shipments in China tumble 19%, data shows
Business|Economy|Technology

Tesla shares rise ahead of quarterly results

Shares of Tesla gained on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years due to price cuts

Tesla shares rise ahead of quarterly results
Science|Technology

Adobe to bring full AI image generation to Photoshop this year

Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop software later this year.

Adobe to bring full AI image generation to Photoshop this year
Business|Technology

Spotify profits up, but lower marketing hits user growth

Spotify's quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although that meant the

Spotify profits up, but lower marketing hits user growth
Business|News|Technology

RTX beats estimates on military demand, aviation strength

Aerospace and defense major RTX on Tuesday beat first-quarter earnings estimates, helped by demand for missile defense systems and strength in the

RTX beats estimates on military demand, aviation strength
Health|News|Science|Technology

Pfizer vs Moderna battle over COVID vaccine patents begins in UK

Pfizer and BioNTech asked a London court to revoke rival Moderna's patents over technology key to the development of vaccines for COVID-19, as the latest leg of a

Pfizer vs Moderna battle over COVID vaccine patents begins in UK
Business|News|Technology

Volkswagen holds keys to Porsche's race against Ferrari

Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to

Volkswagen holds keys to Porsche's race against Ferrari
Business|Economy|Technology|World

Google invests $640 million in new data centre in Netherlands

Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the Dutch city of Groningen, it said on Tuesday, adding the investment will create

Google invests $640 million in new data centre in Netherlands
Business|Economy|News|Technology

Tesla targeting about 400 voluntary job cuts in Germany

Tesla is targeting around 400 job cuts at its German gigafactory near Berlin, or about 3% of the plant's total workforce, it said on

Tesla targeting about 400 voluntary job cuts in Germany
Business|News|Technology

Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services

Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services.

Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
Business|Economy|News|Technology

Solar company SunPower flags issues with 2022 financial reporting

SunPower has identified misstatements in its results for fiscal year 2022, the U.S. solar power storage and energy service provider said in a regulatory filing on Tuesday.

Solar company SunPower flags issues with 2022 financial reporting
Business|News|Technology

Google fires more workers who protested its deal with Israel

An activist group says Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war

Google fires more workers who protested its deal with Israel
Business|News|Technology

Walmart-backed fintech One launches 'buy now, pay later' services, source says

Walmart’s majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at some of the retailer's U.S. stores

Walmart-backed fintech One launches 'buy now, pay later' services, source says
News|Technology

Apple announces event on May 7 amid reports of launch of new iPads

Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad Air next month.

Apple announces event on May 7 amid reports of launch of new iPads
Business|News|Technology

Cyberattacks are on the rise, and that includes small businesses. Here's what to know

Cyberattacks on businesses are rising, including small businesses

Cyberattacks are on the rise, and that includes small businesses. Here's what to know
Business|Economy|Health|News|Technology

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack

UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack on its Change Healthcare business

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
Business|News|Technology

Tesla to cut more than 6,000 jobs in Texas, California, notices show

Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker's strategy

Tesla to cut more than 6,000 jobs in Texas, California, notices show
Economy|Environment|Science|Technology

AI boom to fuel natural gas demand in coming years, report says

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor

AI boom to fuel natural gas demand in coming years, report says
Business|Economy|News|Technology

Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows

U.S. defense contractor L3Harris Technologies Inc will cut 5% of its workforce this year as part of a cost saving measure, CEO Chris Kubasik

Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows

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