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

Latest From Reuters

Business|Technology

AI startup funding more than doubles in Q2, Crunchbase data shows

Investments in artificial intelligence (AI) startups surged to $24 billion from April to June, more than doubling from the previous quarter, according to data from Crunchbase, highlighting

AI startup funding more than doubles in Q2, Crunchbase data shows
Business|Technology

Alibaba bets on gen AI tools for overseas merchants, executive says

(This July 9 story has been refiled to correct the title of Kaifu Zhang in paragraph 1) SINGAPORE - Chinese tech giant Alibaba's international e-commerce unit is tapping generative AI-powered tools to

Alibaba bets on gen AI tools for overseas merchants, executive says
Business|Environment|Technology

Fisker to recall more than 11,000 electric SUVs globally over water pump issue

Fisker is recalling 11,308 Ocean electric SUVs globally due to a water pump issue that could cause a loss of power, the electric vehicle company said in a stop-sale notice to its sales

Fisker to recall more than 11,000 electric SUVs globally over water pump issue
Economy|Environment|Technology

US offshore wind will fall short of Biden's 2030 goal, analysis says

The United States will fall far short of the Biden administration's 2030 offshore wind goal but will catch up quickly in the following years, according to an analysis by an industry group

US offshore wind will fall short of Biden's 2030 goal, analysis says
Business|Technology

EV maker Lucid to recall over 5,200 Air luxury sedans for software error, US regulator says

Lucid Group will recall about 5,251 of its 2022-2023 Air luxury sedans due to a software error that could cause a loss of power, according to a notice from the U.S.

EV maker Lucid to recall over 5,200 Air luxury sedans for software error, US regulator says
Business|Economy|Technology

Taiwan June exports tops forecasts on AI demand, U.S. market soars

Taiwan's exports rose more than expected in June, with the island benefiting from its position as a key link in the supply chain of the booming artificial intelligence (AI) industry

Taiwan June exports tops forecasts on AI demand, U.S. market soars
Business|Technology

Israel Aerospace announces $1 billion deal with unnamed third party

Israel Aerospace Industries (IAI) has entered a $1 billion contract to supply one of its systems to an unnamed third party, the state-owned defence contractor said on Tuesday.

Israel Aerospace announces $1 billion deal with unnamed third party
Business|Technology

UK's Capita surges about 23% on sale of software business

Shares in Capita jumped nearly 23% in early trading on Tuesday after the British outsourcing firm agreed to sell its standalone software business Capita One to a unit of MRI Software in a

UK's Capita surges about 23% on sale of software business
Business|Technology

Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks

Samsung Electronics said on Tuesday it won an order from Japanese artificial intelligence company Preferred Networks to make chips for AI applications using the South Korean firm's 2

Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks
Business|Technology

SGX has no immediate plans to allow crypto listings, CEO says

Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for

SGX has no immediate plans to allow crypto listings, CEO says
Business|Technology

Stellantis to expand hybrid vehicle line to meet growing demand

Stellantis said on Tuesday it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2026, to meet growing demand for this engine type, an alternative to

Stellantis to expand hybrid vehicle line to meet growing demand
Business|Economy|Technology

Dassault Systemes cuts 2024 earnings view, citing delays to customer orders

French software company Dassault Systemes cut its full-year earnings target on Tuesday, sending shares lower, as it warned that customers were being cautious with spending and were delaying

Dassault Systemes cuts 2024 earnings view, citing delays to customer orders
Political|Technology

Vanuatu prime minister visits Huawei, views policing technology

Vanuatu Prime Minister Charlot Salwai visited technology company Huawei in Shenzhen and viewed surveillance technology used to enhance policing and reduce criminal

Vanuatu prime minister visits Huawei, views policing technology
Business|Economy|Technology

Australian court rules PayPal's local unit used unfair contract term for small businesses

Australia's federal court has found that PayPal's local unit used an unfair term in its standard contracts with small business customers who overlooked errors in overcharging, the country's

Australian court rules PayPal's local unit used unfair contract term for small businesses
Business|Technology

Foxconn Q2 revenue beats market forecast on AI server demand

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, posted on Friday better-than-expected quarterly revenue on AI server demand,

Foxconn Q2 revenue beats market forecast on AI server demand
Business|Economy|Technology

Australia's DigitalX to launch spot bitcoin ETFs on ASX

Australia's DigitalX said on Tuesday that it has obtained approval to list its spot bitcoin exchange-traded fund on the Australian Securities Exchange.

Australia's DigitalX to launch spot bitcoin ETFs on ASX
Business|Technology

Microsoft to offer Apple devices to employees in China, cites absence of Android services

Microsoft intends to offer Apple's iOS-based devices to its employees in China to access authentication apps, a company spokesperson said on Monday, citing absence of Google's Android

Microsoft to offer Apple devices to employees in China, cites absence of Android services
Technology|Travel

Spain's Acciona launches swappable battery electric vehicle

Drive, swap the battery, repeat.

Spain's Acciona launches swappable battery electric vehicle
Business|Technology

Airbus confirms it delivered 323 airplanes in first half

Airbus confirmed on Monday it had delivered 323 airplanes in the first half of the year, up 2% from 316 in the same period of 2023.

Airbus confirms it delivered 323 airplanes in first half
Business|Economy|Technology

China has shown 'utmost sincerity' over China-EU EV tariff talks, ministry says

China has shown the "utmost sincerity" over consultations relating to a European Union investigation into electric vehicle subsidies, and a comment attributed to an EU official is

China has shown 'utmost sincerity' over China-EU EV tariff talks, ministry says
Business|Economy|Technology

ASML shares touch 1,000 euro mark amid optimism over customer TSMC

ASML shares briefly crossed the 1,000 euro ($1,084.30) mark for the first time on Monday, an all-time high, following positive research notes on top customer TSMC ahead of both

ASML shares touch 1,000 euro mark amid optimism over customer TSMC
Business|Technology

Corning raises second-quarter core sales forecast driven by AI boom

Corning raised its second-quarter core sales forecast on Monday, as demand for its fiber optic products surges with the rising adoption of generative AI technology, sending the specialty

Corning raises second-quarter core sales forecast driven by AI boom
Business|Technology

China's BYD plans $894 million EV parts project, state media says

Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total investment of 6.5 billion yuan ($894.2 million

China's BYD plans $894 million EV parts project, state media says
Business|Technology

Bitfarms names new CEO to guide it through strategic review

Bitcoin miner Bitfarms has appointed insider Ben Gagnon as its new chief executive officer to oversee a strategic review and navigate a dispute with its biggest shareholder, Riot Platforms

Bitfarms names new CEO to guide it through strategic review
Business|Technology

Beijing to support use of self-driving cars in online ride-hailing services, state media says

China's capital Beijing has plans to support the use of self-driving cars in online ride-hailing services, the official Beijing Daily reported on Monday, citing municipal draft

Beijing to support use of self-driving cars in online ride-hailing services, state media says

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