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

Latest From Reuters

Business|Technology

CrowdStrike exec to testify before Congress on IT outage

A senior executive at cybersecurity firm CrowdStrike will testify before a U.S.

CrowdStrike exec to testify before Congress on IT outage
Business|Finance|Stock Markets|Technology

Intel rises as report of chipmaker exploring options cheers glum investors

Intel's shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor

Intel rises as report of chipmaker exploring options cheers glum investors
Business|Finance|Technology

Dell shares rise as AI server demand boosts results, forecasts

Shares of Dell Technologies rose 4% on Friday, after robust demand for its artificial intelligence-powered servers prompted the company to raise its full-year earnings and revenue forecasts

Dell shares rise as AI server demand boosts results, forecasts
Asia|Business|Technology

China's market regulator says e-commerce giant Alibaba has completed three-year 'rectification' period

China's State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years "rectification" following a fine levied in 2021 for

China's market regulator says e-commerce giant Alibaba has completed three-year 'rectification' period
Business|Technology

Uber CEO says growth in South Korea promising despite underdog status

Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi

Uber CEO says growth in South Korea promising despite underdog status
Business|Finance|Technology

US bankruptcy court approves stalking horse bid for SunPower assets

A U.S. bankruptcy court judge approved on Thursday a $45 million bid for the assets of failed residential solar company SunPower by rival Complete Solaria.

US bankruptcy court approves stalking horse bid for SunPower assets
Business|Technology

OpenAI says ChatGPT's weekly users have grown to 200 million

AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than 200 million weekly active users, double the number it had in the last fall season.

OpenAI says ChatGPT's weekly users have grown to 200 million
Technology

Social media platform X down for thousands of users, Downdetector shows

Social media platform X suffered outages on Thursday afternoon, according to outage tracking site Downdetector.com.

Social media platform X down for thousands of users, Downdetector shows
Business|Finance|Technology

Brazil judge blocks Starlink accounts in the country amid X spat, source says

Brazilian Supreme Court judge Alexandre de Moraes on Thursday ordered the blocking of the financial accounts of billionaire Elon Musk's Starlink due to the lack of legal

Brazil judge blocks Starlink accounts in the country amid X spat, source says
Business|Finance|Technology

Apple, Nvidia in talks to join OpenAI funding round, media reports say

Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion, according to media reports

Apple, Nvidia in talks to join OpenAI funding round, media reports say
Americas|Business|Technology|World

What is Elon Musk's feud with a Brazilian Supreme Court justice about?

A Brazilian Supreme Court justice on Friday ordered the country's telecommunications regulator Anatel to shut down Elon Musk's social media platform X after the billionaire failed

What is Elon Musk's feud with a Brazilian Supreme Court justice about?
Business|Technology

GM to move BrightDrop electric commercial vans to its Chevrolet brand

General Motors said on Thursday it would transition BrightDrop commercial vans under Chevrolet, allowing the all-electric vehicle to utilize the brand's extensive dealership and service

GM to move BrightDrop electric commercial vans to its Chevrolet brand
Business|Finance|Technology

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports

Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn interest from suitors including Samsung Electronics, Bloomberg News reported on

Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports
Business|Finance|Technology

Best Buy lifts annual profit forecast as cost controls pay off

Best Buy raised its annual profit forecast on Thursday, as tighter controls on costs help the electronics retailer more than offset the impact from steeper discounts and

Best Buy lifts annual profit forecast as cost controls pay off
Business|Finance|Technology

Salesforce gains as software firm bets on AI tools to power growth

Shares of Salesforce gained about 4% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence push to

Salesforce gains as software firm bets on AI tools to power growth
Business|Finance|Stock Markets|Technology

Nvidia 'beats' as expected, but fallout limited

A look at the day ahead in U.S. and global markets from Mike Dolan After all that, Nvidia beat expectations - which has become "expected" - and the stock retreated about 5%.

Nvidia 'beats' as expected, but fallout limited
Business|Europe|Finance|Technology

Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges

Europe's STOXX 600 rose on Thursday and Germany's DAX closed at a record high, led by tech stocks, after softer inflation data lifted hopes for

Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges
Technology

China to continue with low-carbon reforms, energy regulator says

China will keep phasing out fossil fuels and

China to continue with low-carbon reforms, energy regulator says
Business|Europe|Finance|Stock Markets|Technology

Nvidia watch party over, back to inflation vigil

A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as AI darling Nvidia failed to meet expectations of investors who were not satisfied with its profits,

Nvidia watch party over, back to inflation vigil
Business|Finance|Technology

J.D. Power cuts U.S. EV sales forecast to 9% as growth slows

U.S. electric vehicle (EV) sales are expected to reach just 9% of the market this year, consulting firm J.D. Power said in a report on Wednesday, lowering its previous forecast of 12%.

J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
Business|Technology

SK Hynix develops sixth-gen DRAM chip that uses less power

SK Hynix, world's second-largest memory chip maker, said on Thursday it had developed the industry's first sixth-generation 10-nanometre dynamic random access memory (DRAM) chip with

SK Hynix develops sixth-gen DRAM chip that uses less power
Business|Finance|Technology

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and

HP forecasts downbeat profit as weak PC market, competition weigh
Finance|Technology

OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports

OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall

OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports
Technology

Meta considers new mixed reality glasses as headsets alternative, the Information reports

Meta Platforms is planning a mixed reality device that resembles a bulky pair of glasses, the Information reported on Wednesday, citing two employees from the social media giant.

Meta considers new mixed reality glasses as headsets alternative, the Information reports
Business|Environment|Health|Technology

Musk's xAI operating gas turbines without permits at data center, environmental group says

Elon Musk's AI startup, xAI, is facing criticism from environmental and health advocates for allegedly contributing to pollution in Memphis, Tennessee, by using natural gas-burning

Musk's xAI operating gas turbines without permits at data center, environmental group says

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