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

Latest From Reuters

Business|Technology

Apple's iPhone 16 faces challenge from Huawei's $2,800 tri-fold phone

Apple's new iPhone 16 failed to excite investors with long-expected AI features still in test mode even as an industry-first tri-fold phone from Huawei raised the stakes in a battle to

Apple's iPhone 16 faces challenge from Huawei's $2,800 tri-fold phone
Asia|Business|Finance|Technology

Samsung SDI to sell polarizing film business to Chinese firm for $836 million

South Korean battery maker Samsung SDI said on Tuesday it had decided to sell its polarizing film business to China's Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($

Samsung SDI to sell polarizing film business to Chinese firm for $836 million
Business|Finance|Technology

Hewlett Packard shares fall on $1.35 billion convertible stock offering for Juniper buyout

Hewlett Packard Enterprise's shares dropped 6.4% in extended trading after the AI server maker announced a $1.35 billion mandatory convertible preferred stock offering to fund its

Hewlett Packard shares fall on $1.35 billion convertible stock offering for Juniper buyout
Technology

Apple's key launches at iPhone 16 unveiling event

Apple on Monday unveiled an artificial intelligence focused-iPhone 16 lineup, a sleeker Apple Watch, AirPods 4, and said new AI features will be added to its devices next month.

Apple's key launches at iPhone 16 unveiling event
Finance|Technology

Brazil's Pix to overtake credit cards in e-commerce as soon as 2025, study shows

Brazil's instant payment system Pix is seen surpassing credit cards as the leader in the local online purchase market as soon as next year, earlier than initially expected, a new

Brazil's Pix to overtake credit cards in e-commerce as soon as 2025, study shows
Business|Finance|Technology

Bank of America hires JPMorgan's Tim Carpenter to co-lead software investment banking, source says

Bank of America has hired technology banking veteran Tim Carpenter from peer JPMorgan Chase to co-lead its software investment banking business, a source familiar with the matter said on

Bank of America hires JPMorgan's Tim Carpenter to co-lead software investment banking, source says
Business|Technology

Siemens investing $60 million on high-speed train plant in upstate New York

Siemens is spending $60 million on a new U.S. factory to build high speed trains to whisk passengers between Los Angeles and Las Vegas, the German engineering company said on Monday.

Siemens investing $60 million on high-speed train plant in upstate New York
Business|Technology

Progress to buy Cloud Software unit ShareFile for $875 million

Progress Software said on Monday it would buy Cloud Software Group's unit ShareFile for about $875 million, as the AI-powered software firm looks to boost its enterprise product portfolio.

Progress to buy Cloud Software unit ShareFile for $875 million
Business|Technology

Huawei racks up 3 million pre-orders for tri-fold phone before Apple's iPhone 16 reveal

Chinese tech giant Huawei has garnered more than 3 million pre-orders for its triple-folding smartphone, its website showed on Monday, which comes just hours before Apple's debut

Huawei racks up 3 million pre-orders for tri-fold phone before Apple's iPhone 16 reveal
Business|Technology

Chinese car sales fall for fifth straight month

Passenger vehicle sales in China fell in August for the fifth straight month, industry data showed on Monday, though sales of all-electric and plug-in hybrid models rose, helped by

Chinese car sales fall for fifth straight month
Entertainment|Technology

NetEase releases gaming limits for children for upcoming holidays

NetEase Games on Monday released specific dates and time slots during which Chinese children will be permitted to play its video games during the upcoming Mid-Autumn Festival and

NetEase releases gaming limits for children for upcoming holidays
Business|Europe|Technology

Bending Spoons to lay off 75% of WeTransfer staff post deal, CEO says

Italian app developer Bending Spoons will lay off 75% of file-sharing platform WeTransfer staff, CEO Luca Ferrari said in a statement on Sunday.

Bending Spoons to lay off 75% of WeTransfer staff post deal, CEO says
Business|Entertainment|Technology

DirecTV files FCC complaint against Disney for anti-competitive practices

Satellite TV provider DirecTV has filed a complaint with the U.S.

DirecTV files FCC complaint against Disney for anti-competitive practices
Technology

Social media platform X back up after brief outage, Downdetector shows

Social media platform X was back up on Saturday after it suffered an outage that lasted less than an hour, according to outage tracking site Downdetector.com.

Social media platform X back up after brief outage, Downdetector shows
Business|Environment|Europe|Technology

Renault CEO says sector could face billions in fines as EV sales slow

Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on

Renault CEO says sector could face billions in fines as EV sales slow
Business|Technology

New iPhone will use Arm’s chip technology for AI, FT reports

Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank-owned Arm’s newest V9 chip design, the Financial Times

New iPhone will use Arm’s chip technology for AI, FT reports
Business|Economy|Technology

Carmakers adjust electrification plans as EV demand slows

Japan's Toyota Motor has reportedly slashed its electric vehicle production plans for 2026 by a third, the latest automaker to roll back EV plans amid slowing demand.

Carmakers adjust electrification plans as EV demand slows
Business|Europe|Technology

Airbus posts lower deliveries, wins bumper order from private customer

Airbus deliveries fell in August after a sharp spike in the previous month, the European planemaker said on Friday, a decline which analysts said leaves it with the task of achieving

Airbus posts lower deliveries, wins bumper order from private customer
Business|Technology|Travel

Japan Airlines expects no flight cancellations from A350 inspections

Japan Airlines said on Friday it did not expect flight cancellations or delays and Virgin Atlantic said it would try to limit disruptions due to

Japan Airlines expects no flight cancellations from A350 inspections
Business|Europe|Technology

Volkswagen's German battery plant to stay at half capacity amid cost pressures

Volkswagen's PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in Germany for now, its works council said, as the sector adjusts

Volkswagen's German battery plant to stay at half capacity amid cost pressures
Asia|Business|Technology

Toyota cuts 2026 global EV output plans by a third, Nikkei reports

Japan's Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei business daily reported, becoming the latest automaker to roll back electric car

Toyota cuts 2026 global EV output plans by a third, Nikkei reports
Technology

X global affairs head Nick Pickles resigns

X's global affairs head Nick Pickles said on Thursday he is quitting after a decade with the social media company formerly called Twitter.

X global affairs head Nick Pickles resigns
Business|Crime|Entertainment|Technology

YouTube terminating Tenet Media channel after US indictment

Alphabet's YouTube said on Thursday it was terminating the Tenet Media channel and four channels operated by Tenet owner Lauren Chen, following an indictment from the U.S.

YouTube terminating Tenet Media channel after US indictment
Business|Crime|Europe|Technology

Durov says French authorities should have complained to Telegram, not detained him

The founder of the Telegram messaging app, Pavel Durov, under investigation in France, said early on Friday that French authorities should have approached his company with their complaints

Durov says French authorities should have complained to Telegram, not detained him
Asia|Business|Technology

Japan to give up to $2.4 billion in new support for domestic EV battery production

Japan will hand out more subsidies for electric-vehicle battery production, pledging as much as $2.4 billion in support for related projects by Toyota Motor and other major companies,

Japan to give up to $2.4 billion in new support for domestic EV battery production

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