Today: October 06, 2024
Today: October 06, 2024

Latest From Reuters

Business|Technology

Microsoft names former GE CFO as operations chief amid AI push

Microsoft on Thursday named former GE finance chief Carolina Dybeck Happe as its chief operations officer, as the tech giant looks to bolster its leadership team while it doubles down on

Microsoft names former GE CFO as operations chief amid AI push
Business|Finance|Technology

Carmakers adjust electrification plans as EV demand slows

Several global automakers are scaling down their electrification targets, hurt by slowing demand for fully electric vehicles due to lack of affordable models, slow roll-out of charging

Carmakers adjust electrification plans as EV demand slows
Asia|Europe|Finance|Stock Markets|Technology

Tech stocks cue rally while ECB looms

A look at the day ahead in European and global markets from Stella Qiu Asian stock markets were broadly higher as investors regained some of their love for tech stocks, and Nvidia in particular, while

Tech stocks cue rally while ECB looms
Business|Finance|Technology

23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows

23andMe co-founder and chief executive Anne Wojcicki would be open to considering third-party takeover proposals for the company, a regulatory filing showed on Wednesday.

23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows
Business|Finance|Technology

Amazon's AWS to invest $1.8 billion in Brazil through 2034

Amazon's cloud computing arm, Amazon Web Services (AWS), will invest 10.1 billion reais ($1.8 billion) in Brazil through 2034 to expand its data center operations in the country,

Amazon's AWS to invest $1.8 billion in Brazil through 2034
Business|Finance|Technology

OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports

AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on Wednesday, a move that would fortify its status as one of the biggest startups in

OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports
Business|Finance|Technology

India leads in crypto adoption for second straight year, report shows

India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country's tough regulatory stance and steep trading taxes, a report from

India leads in crypto adoption for second straight year, report shows
Business|Technology

Honeywell CEO says ability to supply parts will determine aerospace unit's growth

Growth in Honeywell's aerospace business next year will be determined by its ability to supply parts to Boeing and Airbus, not demand, the industrial giant's CEO said at a conference on

Honeywell CEO says ability to supply parts will determine aerospace unit's growth
Business|Finance|Technology

JPMorgan eyes Swiss corporate business gains, blockchain boost

JPMorgan Chase wants to grow its Swiss corporate banking business and hopes to use blockchain services to help gain clients, an executive at the U.S. bank said.

JPMorgan eyes Swiss corporate business gains, blockchain boost
Business|Environment|Technology

Emissions-free truck prices need to drop by 50% to compete with diesel, study says

Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on

Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Asia|Business|Technology

Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned

Huawei's new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple despite U.S.

Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned
Business|Entertainment|Technology

Sony announces pricier, upgraded PlayStation 5 Pro

Sony announced the PlayStation 5 Pro, an upgraded version of its flagship console offering better graphics, will go on sale on Nov. 7 priced at $699.99.

Sony announces pricier, upgraded PlayStation 5 Pro
Business|Environment|Technology

Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows

Global tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google's parent Alphabet are falling behind, risking a return to pre-

Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows
Business|Entertainment|Technology

GameStop reports fall in revenue, files for 20 million share offering

GameStop said on Tuesday it had filed for an offering of up to 20 million shares, sending its stock down more than 10% in extended trading after the videogame retailer's second-quarter

GameStop reports fall in revenue, files for 20 million share offering
Business|Finance|Technology

REA Group makes initial takeover offer for UK property giant Rightmove, Bloomberg News reports

Rupert Murdoch-owned property listings firm REA Group has made an initial takeover offer for Britain's Rightmove, Bloomberg News reported on Tuesday citing people familiar with the matter.

REA Group makes initial takeover offer for UK property giant Rightmove, Bloomberg News reports
Technology

How AI features of iPhone and rival smartphones stack up

Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global smartphone makers turn to generative AI to encourage customers to upgrade.

How AI features of iPhone and rival smartphones stack up
Finance|Stock Markets|Technology

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry

Shares of Rubrik fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry
Business|Technology

Boeing delivers 40 jets in August, up 5 from a year ago

Boeing said on Tuesday it delivered 40 commercial jets in August, up five from the same month in 2023 when it struggled with a manufacturing defect on its 737 MAX, as the U.S. planemaker

Boeing delivers 40 jets in August, up 5 from a year ago
Business|Crime|Finance|Technology

UK financial watchdog charges man with running illegal crypto ATMs

Britain's financial watchdog said on Tuesday it had for the first time charged an individual for unlawfully running crypto ATMs without its registration.

UK financial watchdog charges man with running illegal crypto ATMs
Business|Technology

Pirelli and Bosch to cooperate on 'intelligent tyre' technology

Italian tyremaker Pirelli and German tech group Robert Bosch GMBH will jointly develop a software-based "intelligent tyre" technology, the two companies said Tuesday.

Pirelli and Bosch to cooperate on 'intelligent tyre' technology
Business|Economy|Europe|Finance|Technology

China proposes negotiations with EU to resolve EV tariff dispute

China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.

China proposes negotiations with EU to resolve EV tariff dispute
Business|Technology|Travel

Joby applies for certificate to operate commercial air transport in UAE

Air-taxi maker Joby Aviation said on Tuesday it had applied for a certificate that will allow it to operate commercial air transport in the United Arab Emirates.

Joby applies for certificate to operate commercial air transport in UAE
Business|Technology

Microsoft hosts cybersecurity summit after global IT outage

Microsoft held a summit on Tuesday to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike caused a global IT outage in July.

Microsoft hosts cybersecurity summit after global IT outage
Business|Europe|Health|Technology

Hearing aid makers slip after Apple rolls out hearing aid features, analysts shrug off threat

Shares in European hearing aid makers slipped in early trading on Tuesday after Apple rolled out hearing aid features.

Hearing aid makers slip after Apple rolls out hearing aid features, analysts shrug off threat
Business|Europe|Technology

EU to trim proposed tariffs on Tesla, other EVs from China

The European Union will lower proposed final tariffs on Tesla and slightly trim rates for other electric vehicles from China after taking into account submissions by the companies

EU to trim proposed tariffs on Tesla, other EVs from China

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