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

Latest From Reuters

Business|Economy|Technology

Amazon Prime Day boosts US online sales to record $14.2 billion, Adobe says

Shoppers spent a record $14.2 billion online across retailers in the United States during the 48-hour Amazon Prime Day event, according to a report from Adobe Analytics on Thursday.

Amazon Prime Day boosts US online sales to record $14.2 billion, Adobe says
Technology

OpenAI unveils cheaper small AI model GPT-4o mini

ChatGPT maker OpenAI said on Thursday it was launching GPT-4o mini, a cost-efficient small AI model, aimed at making its technology more affordable and less energy-intensive, allowing the

OpenAI unveils cheaper small AI model GPT-4o mini
Business|Entertainment|Technology

Apple in talks to license more Hollywood films, Bloomberg News reports

Apple is in talks to license more films from Hollywood studios to boost its streaming portfolio, Bloomberg News reported on Thursday, citing people familiar with the matter.

Apple in talks to license more Hollywood films, Bloomberg News reports
Business|Entertainment|Technology

France's Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement

French

France's Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement
Business|Technology

Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica, WSJ reports

Meta Platforms is in talks to acquire a stake of about 5% in EssilorLuxottica, its production partner for Ray-Ban smart glasses, the Wall Street Journal reported on Thursday, citing people

Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica, WSJ reports
Business|Technology

Hyundai Motor America to recall nearly 67,000 vehicles in the U.S, NHTSA says

Hyundai Motor America is recalling nearly 67,000 vehicles in the U.S., the U.S. National Highway Traffic Safety Administration said on Thursday.

Hyundai Motor America to recall nearly 67,000 vehicles in the U.S, NHTSA says
Business|Economy|Technology

TSMC steadies the chips, ECB and Netflix eyed

A look at the day ahead in U.S. and global markets from Mike Dolan Another impressive earnings beat from Taiwan's chipmaking giant TSMC may help calm this week's tech stock rout, as the earnings

TSMC steadies the chips, ECB and Netflix eyed
Business|Environment|Technology

Saudia hands Germany's Lilium biggest order yet for flying taxis

Germany-based air taxi developer Lilium on Thursday clinched its biggest order yet in a deal for Saudi airline Saudia Group to purchase up to 100 of its all-

Saudia hands Germany's Lilium biggest order yet for flying taxis
Business|Technology

Shipping giant CMA CGM signs AI deal with Google

French shipping and logistics company CMA CGM has signed a partnership with Alphabet's Google to speed up deployment of AI solutions across its operations worldwide, the two companies

Shipping giant CMA CGM signs AI deal with Google
Business|Technology

Italy's antitrust takes aim at Google over personal data usage

Italy's antitrust agency said on Thursday it had launched an investigation into online search giant Google and its parent company Alphabet over alleged unfair commercial practices

Italy's antitrust takes aim at Google over personal data usage
Business|Economy|Technology

TSMC Q2 profit rises 36%, better than forecast

Taiwanese chipmaker TSMC posted a 36% rise in second-quarter net profit on Thursday that beat market expectations as it rides a surge in demand for semiconductors used in artificial

TSMC Q2 profit rises 36%, better than forecast
Business|Europe|Technology

Nokia reports 32% drop in profit but sees recovery in 2nd half

Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales

Nokia reports 32% drop in profit but sees recovery in 2nd half
Economy|Technology

Chips are down as trade tensions mount

A look at the day ahead in European and global markets from Ankur Banerjee This week's tech share sell-off gained momentum after a report that the United States was considering tighter curbs on chip

Chips are down as trade tensions mount
Business|Entertainment|Technology

Warner Bros Discovery mulls break-up to boost stock price, FT reports

Warner Bros Discovery, the owner of CNN and HBO, has discussed a plan to split its digital streaming and studio businesses from its legacy TV networks in a bid to boost its flailing stock

Warner Bros Discovery mulls break-up to boost stock price, FT reports
Business|Technology

BYD sets sights on aggressive expansion in Vietnam

Chinese electric vehicle giant BYD on Thursday outlined plans to aggressively expand its dealership network in Vietnam as it opens its first stores in the country this week, posing a

BYD sets sights on aggressive expansion in Vietnam
Business|Economy|Technology

Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks

South Korea's major chipmakers Samsung Electronics and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks.

Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks
Business|Technology

Samsung agrees to acquire British startup Oxford Semantic for AI

Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup specialising in technology that can be used for more sophisticated

Samsung agrees to acquire British startup Oxford Semantic for AI
Business|Technology

Google, Microsoft offer Nvidia chips to Chinese companies, the Information reports

Google and Microsoft's cloud divisions are offering Chinese companies access to Nvidia's AI chips by providing data center services in locations outside China, the Information reported on

Google, Microsoft offer Nvidia chips to Chinese companies, the Information reports
Business|Economy|Technology

US online sales hit $7.2 billion on first day of Amazon Prime Day event, Adobe says

Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States, according to a report from Adobe Analytics on Wednesday.

US online sales hit $7.2 billion on first day of Amazon Prime Day event, Adobe says
Business|Economy|Environment|Technology

Chinese-owned solar factories in the United States

Some of the largest Chinese solar panel makers are setting up shop in the United States thanks to new clean energy manufacturing subsidies contained in President Joe Biden's 2022 Inflation

Chinese-owned solar factories in the United States
Economy|Environment|Technology

Gulf state UAE considers a second nuclear power plant

The United Arab Emirates is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich Gulf state, a government official told

Gulf state UAE considers a second nuclear power plant
Business|Economy|Environment|Technology

US solar panel makers seek tougher 'Made in USA' rules

A group of U.S. solar manufacturers is calling on the Biden administration to toughen rules governing a tax credit for solar project developers that use domestically produced components,

US solar panel makers seek tougher 'Made in USA' rules
Business|Technology

Mercedes-Benz unit partners with Starbucks for fast-charging stations in US

A Mercedes-Benz unit said on Wednesday it had partnered with Starbucks to deploy its fast-charging stations at more than 100 locations across the United States.

Mercedes-Benz unit partners with Starbucks for fast-charging stations in US
Business|Technology

Apple backs $50 million fund to support Bay Area affordable housing

Apple is partnering with the philanthropic arm of real estate firm Sobrato and two other California-based groups to launch a fund with an initial investment of $50 million to support

Apple backs $50 million fund to support Bay Area affordable housing
Business|Economy|Technology

Europe's STOXX 600 falls for third straight session as tech drags

European shares closed lower for a third straight day on Wednesday, with chip stocks sliding as investors remained wary of potential

Europe's STOXX 600 falls for third straight session as tech drags

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