UnitedHealth hackers took advantage of Citrix vulnerabilty to break in, CEO says
By Zeba Siddiqui SAN FRANCISCO (Reuters) - Hackers broke into UnitedHealth's tech unit on Feb. 12 by exploiting a security vulnerability in software from private IT company Citrix that allows employees remote access to their desktop computers, the ...
6h ago
Paramount CEO Bob Bakish resigns amid merger talks
By Lisa Richwine (Reuters) -Paramount Global CEO Bob Bakish is stepping down and will be replaced by three executives, the company said on Monday as it reported quarterly earnings that beat Wall Street expectations. CBS President and CEO George Cheeks,...
7h ago
Experts, politicians call for scrutiny of Venezuela's use of cryptocurrency
(Reuters) - Venezuela's use of digital currencies, expected to increase after the United States ordered a wind-down of oil deals with the sanctioned country by May 31, will require greater scrutiny by regulators and law enforcement, experts said on...
8h ago
Apple shares rise 3% after analyst upgrade
By Sinéad Carew (Reuters) - Shares in Apple Inc were up 3% on Monday after a well-known analyst at Bernstein Societe Generale Group upgraded the stock to an "outperform" rating, pointing to the prospects for phone replacement phone sales with help ...
8h ago
Axel Springer to migrate some cloud applications to Microsoft's Azure
(Reuters) - Global news publisher Axel Springer will migrate some of its cloud-based applications to Microsoft's Azure and work with the firm on bolstering its AI capabilities, the companies said on Monday, as they expanded their partnership. Axel ...
9h ago
Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
By Elizabeth Howcroft LONDON (Reuters) - Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday. Blackrock Neurotech makes brain-to-com...
11h ago
Olympics-British Cycling confident new track bike will deliver more gold
(Reuters) - Britain's track bike for the Paris Olympics pushes technological boundaries and will give the team the best chance of continuing its domination, according to one of the design partners for the new machine officially unveiled on Monday. ...
11h ago
AI startup Blaize raises $106 million in funding
(Reuters) - AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek. Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides ne...
13h ago
Austria calls for rapid regulation as it hosts meeting on 'killer robots'
VIENNA (Reuters) - Austria called on Monday for fresh efforts to regulate the use of artificial intelligence in weapons systems that could create so-called 'killer robots', as it hosted a conference aimed at reviving largely stalled discussions on ...
13h ago
Onsemi beats quarterly estimates, reports stable margins
(Reuters) - Chipmaker Onsemi beat Wall Street expectations for quarterly revenue and profit on Monday and reported a stable gross margin due to lowered costs, in the face of weakening electric vehicle sales. "The structural changes we have made to ...
13h ago
Indonesia's GoTo posts Q1 adjusted EBITDA at $6.28 million
JAKARTA (Reuters) - Indonesia's biggest tech firm PT GoTo Gojek Tokopedia Tbk posted on Monday a first-quarter underlying loss of 102 billion rupiah ($6.28 million), swinging from a profit in the previous quarter. The result compares with 1.6 trill...
15h ago
EU to probe Meta over handling of Russian disinformation, FT reports
(Reuters) -European Union regulators are expected to open a probe into Meta Platforms over concerns that the company is failing to do enough to counter disinformation from Russia and other countries, the Financial Times reported on Monday. Regulators s...
16h ago
Financial Times, OpenAI sign content licensing partnership
(Reuters) - The Financial Times had signed a licensing agreement with OpenAI to train artificial intelligence (AI) models on its attributed content, the newspaper said on Monday, in the latest media tie-up for the Microsoft-backed startup. The agre...
18h ago
Explainer-What is Tesla's Full Self-Driving and why its China rollout matters
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) - Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer data overseas, acc...
18h ago
Social media platform X down for thousands of users, Downdetector shows
(Reuters) - Social media platform X suffered outages early on Monday, according to outage tracking website Downdetector.com. Downdetector, which tracks outages by collating status reports from several sources including users, showed over 3,400 repo...
18h ago
HCLTech falls most in nearly 17 months on lower-than-expected FY25 outlook
BENGALURU (Reuters) - HCLTech shares plummeted as much as 6.3% on Monday, its biggest fall in nearly 17 months, as India's No.3 software services company forecast fiscal 2025 revenue growth below estimates. The stock trimmed some losses to trade 5....
19h ago
Tech company Atos: needs more cash and gets French state offer for key units
By Tassilo Hummel PARIS (Reuters) -Ailing French IT firm Atos said it needed 1.1 billion euros ($1.18 billion) in cash to fund its businesses over the 2024-25 period, and confirmed the French state had made an offer to buy out some of its key units. A...
21h ago
Analysis-Second global AI safety summit faces tough questions, lower turnout
By Martin Coulter LONDON (Reuters) - Last year, a who's who of world leaders, corporate executives and academic experts gathered at Britain's Bletchley Park for the world's first global AI Safety Summit, hoping to reach consensus on the regulation...
21h ago
Ukraine spy agency says Telegram platform blocks its key bots
(Reuters) - Ukraine's military spy agency GUR said on Monday that the management of the Telegram messaging platform has blocked a number of official bots that opposed Russia's military aggression against Ukraine. "Today, the management of the Teleg...
21h ago
OpenAI's ChatGPT targeted in Austrian privacy complaint
By Foo Yun Chee BRUSSELS (Reuters) - Microsoft-backed startup OpenAI on Monday found itself the target of a privacy complaint by advocacy group NOYB for allegedly not fixing incorrect information provided by its generative AI chatbot ChatGPT that m...
22h ago
Baidu, Tesla agree on mapping deal for FSD in China, sources say
BEIJING (Reuters) - Baidu, China's major internet search company, reached an agreement with Tesla to grant the car company access to its mapping license for data collection on China's public roads, two people familiar with the matter said. The deal...
23h ago
Boss of battery giant CATL visits Elon Musk's hotel in Beijing - Reuters witness
BEIJING (Reuters) - The chairman of Chinese battery giant CATL visited a hotel in Beijing on Monday where Elon Musk is staying, after the Tesla CEO arrived in the Chinese capital a day ago on an unannounced visit. Robin Zeng came out of an elevator...
Apr 29, 2024
Hyundai Motor, Kia Corp sign agreement with China's Baidu on connected car technology
SEOUL (Reuters) - Hyundai Motor and Kia Corp on Sunday said the companies have signed a memorandum of understanding (MOU) with Baidu Inc to develop technologies for connected cars. (Reporting by Cynthia Kim; Editing by Tom Hogue)
Apr 28, 2024
Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources say
SHANGHAI (Reuters) -Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker's second-biggest market, according to two people with knowledge of the matter. Musk is seeking to meet sen...
Apr 28, 2024
U.S. chip bans not meant to hobble China's growth, Blinken says
By Stephen Nellis (Reuters) - U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public...
Apr 27, 2024