EU watchdog says banks must take full responsibility when using AI
By Huw Jones LONDON (Reuters) - Banks and investment firms in the European Union cannot shirk boardroom responsibility and a legal obligation to protect customers when using artificial intelligence (AI), the bloc's securities watchdog said in its f...
May 30, 2024
US DOJ says Chinese national arrested malware charges in international operation
SINGAPORE (Reuters) - The United States Department of Justice (DOJ) said a Chinese national was arrested in an international operation on charges of creating and using malware that was used in cyber attacks, large-scale fraud and child exploitation...
May 30, 2024
Amazon adds Grubhub food delivery to its website, app in the US
(Refiles to fix syntax in paragraph 7) (Reuters) -Amazon.com on Thursday said its customers in the U.S. can now order from Grubhub directly on its shopping app and the website, extending a deal that already offers its Prime members a no-fee access to G...
May 30, 2024
Index Ventures backs AI manufacturing startup EthonAI in $16 million funding round
By Martin Coulter LONDON (Reuters) - Leading venture capital firm Index Ventures has backed a $16 million funding round for EthonAI, a startup using artificial intelligence to help global-scale manufacturers make their production lines more efficie...
May 30, 2024
EU court backs Google, Amazon, Airbnb in Italian rule dispute
BRUSSELS (Reuters) - Europe's top court on Thursday backed Alphabet's Google, Amazon and Airbnb in their fight against an Italian rule requiring them to provide information on the companies. "A member state may not impose additional obligations on ...
May 30, 2024
Four arrested in sprawling European sting on malware network
BERLIN/AMSTERDAM (Reuters) -Four people have been arrested and more than 100 internet servers taken down or disrupted in an internationally coordinated operation targeting the cyber infrastructure used for malware, Europol said on Thursday. Carried out...
May 30, 2024
Sony sees streaming service Crunchyroll driving growth as anime goes global
By Sam Nussey TOKYO (Reuters) - Sony sees its anime streaming service Crunchyroll as a growth driver, the head of its movies business said on Thursday, as the group looks to ride the growth of anime outside Japan. "Crunchyroll is going to be our pr...
May 30, 2024
Startup Ursa Major advances US hypersonic capabilities with new engine
By Mike Stone and Joey Roulette (Reuters) - Ursa Major, a startup rocket motor maker, has successfully test-fired its new Draper engine more than 50 times on the ground, the company said on Thursday, marking a significant advance in U.S. hypersonic...
May 30, 2024
Apple to add Japan's 'My Number' ID card function to iPhone -Japan official
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida held a video conference with Apple CEO Tim Cook on Thursday and they agreed to put Japan's "My Number" identification card functions onto iPhones, Japan's top government spokesperson said. (R...
May 30, 2024
Sportsbet pledges to comply with Australia's anti-money laundering laws
(Reuters) - Online betting company Sportsbet pledged to manage the risks associated with money laundering and terrorism financing in an undertaking given to Australian Transaction Reports and Analysis Centre, the financial crimes regulator said on ...
May 30, 2024
New Samsung chip division head feels heavy responsibility amid challenges - letter
SEOUL (Reuters) - The new head of Samsung Electronics' semiconductor division told employees he felt heavy responsibility and was committed to overcoming challenges in the era of artificial intelligence, according to his letter to staff seen by Reu...
May 30, 2024
Tech firm Hostinger - European rival to GoDaddy - breaks into profit
BRUSSELS (Reuters) - Lithuanian webhosting firm Hostinger, which bills itself as a European rival to U.S. market leader GoDaddy, said on Thursday it had reached profitability for the first time, as European tech startups try and catch up with bigge...
May 30, 2024
Palantir wins $480 million US Army deal for 'Maven' prototype
(Reuters) - Palantir has won a $480 million contract from the U.S. Army for a prototype known as the Maven Smart System, the Defense Department said on Wednesday. (Reporting By Jeffrey Dastin in San Francisco; Editing by Chris Reese)
May 29, 2024
HP beats revenue estimate on recovering PC demand
By Stephen Nellis (Reuters) - HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their systems. Like other PC makers, HP experienced a boom in sa...
May 29, 2024
Salesforce forecasts second-quarter revenue below estimates
(Reuters) - Salesforce forecast second-quarter revenue below Wall Street expectations on Wednesday, on weak client spending on its cloud and enterprise business products in an uncertain economy, sending its shares down 9% in extended trading. The c...
May 29, 2024
AST SpaceMobile shares take off after it announces Verizon partnership
NEW YORK (Reuters) - AST SpaceMobile shares jumped more than 50% on Wednesday and hit their highest level since November 2022 after the satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications. The stock...
May 29, 2024
Duke Energy signs agreements with Amazon, Google, Microsoft for clean energy supply
(Reuters) - Duke Energy on Wednesday announced agreements with Amazon, Google, Microsoft and Nucor to support carbon-free energy generation in response to growing data center demand. In memorandums of understanding (MOUs) signed this month, the com...
May 29, 2024
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) - Meta said on Wednesday it had found "likely AI-generated" content used deceptively on its Facebook and Instagram platforms, including comments praising Israel's handling of the war in Gaza published below posts from global news...
May 29, 2024
Russia's Putin gives Rostelecom approval to buy Nokia out of joint venture
(Reuters) - Russian President Vladimir Putin on Wednesday authorised a subsidiary of telecoms firm Rostelecom to buy Nokia Solutions and Networks' stake in a software joint venture between Rostelecom and Nokia, according to a decree. Finland's Noki...
May 29, 2024
Gemini customers get back over $2 billion in crypto from Genesis bankruptcy
By Dietrich Knauth NEW YORK (Reuters) - Bankrupt crypto lender Genesis and crypto exchange Gemini have returned over $2 billion in crypto to 232,000 retail customers in their jointly managed Gemini Earn program, giving customers a 242% return on as...
May 29, 2024
OpenAI signs content deals with the Atlantic and Vox Media
(Reuters) - Sam Altman-led OpenAI said on Wednesday it has signed content and product partnerships with the Atlantic and Vox Media. (Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)
May 29, 2024
Arm offers new designs, software for AI on smartphones
By Stephen Nellis (Reuters) - Arm Holdings on Wednesday unveiled new chip blueprints and software tools to help smartphones handle artificial intelligence tasks, along with changes to how it delivers those blueprints that could help speed their ado...
May 29, 2024
Car battery makers to fight EU cartel charges at hearing next week, sources say
By Foo Yun Chee BRUSSELS (Reuters) - A group of car starter battery makers will contest European Union accusations of operating a cartel to fix battery prices at a closed hearing next week, people with direct knowledge of the matter said on Wednesd...
May 29, 2024
Exclusive-Software company N-Able explores sale, sources say
By Anirban Sen and Milana Vinn (Reuters) -N-Able, a U.S. provider of information technology software with a market value of about $2.5 billion, is exploring a sale after attracting acquisition interest, people familiar with the matter said. The Burling...
May 29, 2024
AWS, Orange to offer cloud computing in Morocco, Senegal
By Nqobile Dludla and Supantha Mukherjee JOHANNESBURG/STOCKHOLM (Reuters) - Amazon Web Services (AWS) plans to offer cloud computing in Morocco and Senegal using its AWS Wavelength platform in partnership with Orange, the firms said on Wednesday. T...
May 29, 2024