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| Headlines : Star Tech News | Page 1 |
Broadcom forecasts quarterly revenue above estimates - 6/06 7:35 am (Reuters) -Broadcom forecast third-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its networking and custom AI computing chips. Read full story |
Elon Musk gets more time to respond to US SEC lawsuit over Twitter stake - 6/06 7:17 am (Reuters) -The U.S. Securities and Exchange Commission has given Elon Musk six more weeks to respond to its civil lawsuit accusing the world's richest person of waiting too long in 2022 to reveal his large stake in Twitter, the social media company he later bought and renamed X. Read full story |
Tech giants' indirect emissions rose 150% in three years as AI expands, UN .. - 6/06 7:03 am GENEVA (Reuters) -Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centres, a United Nations report said on Thursday. Read full story |
Anduril secures $30.5 billion valuation in latest fund raise - 6/06 7:03 am (Reuters) -Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding round where it raised $2.5 billion, the company said on Thursday. Read full story |
Circle shares triple in NYSE debut lifting IPO market rebound hopes - 6/06 12:11 am (Reuters) -Stablecoin issuer Circle Internet's shares more than tripled in their debut on the New York Stock Exchange on Thursday, firing up the IPO market that has struggled to regain momentum. Read full story |
EU a 'reliable partner' for digital cooperation amid turbulence, tech .. - 5/06 10:18 pm BRUSSELS (Reuters) -The European Union will work with international partners to boost its competitiveness and promote a rules-based global digital order, EU tech chief Henna Virkkunen said on Thursday, a move aimed at offsetting turbulent ties with the United States. Read full story |
Exclusive-Walmarts Flipkart secures approval for direct lending in India - 5/06 7:32 pm (Reuters) -Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, a spokesperson for the company confirmed after Reuters reported the development citing documents and a source. Read full story |
Anthropic CEO says proposed 10-year ban on state AI regulation 'too blunt' .. - 5/06 7:32 pm (Reuters) -A Republican proposal to block states from regulating artificial intelligence for 10 years is "too blunt," Anthropic Chief Executive Officer Dario Amodei wrote in a New York Times' opinion piece. Read full story |
CD Projekt launches Cyberpunk 2077 game on Nintendo Switch 2 - 5/06 6:20 pm GDANSK (Reuters) -Poland's biggest game developer CD Projekt said on Thursday that "Cyberpunk 2077: Ultimate Edition" had been launched on the Nintendo Switch 2 console, bringing it to Nintendo players for the first time. Read full story |
Huaweis Pura X is an intriguing new foldableif you're outside the US - 5/06 5:00 pm The Pura X is only being sold in China, a market where most of the top-selling smartphone brands are local players. Read full story |
A lingering Musk: Will ex-aide Elon get up Trump's nose? - 5/06 4:00 pm Donald Trump's sweeping domestic policy bill has careened into an Elon Musk- shaped brick wall, complicating its passage into law and risking a schism between the most powerful man in the world and the wealthiest. Read full story |
Taiwan's Wistron to raise up to $923 million in share sale - 5/06 3:52 pm SYDNEY (Reuters) -Taiwanese electronics manufacturer Wistron Corp is looking to raise up to $923 million by selling global depository shares that will be listed in Luxembourg, according to a term sheet reviewed by Reuters on Thursday. Read full story |
MrBeast aims to raise millions for his charity by offering a weekend .. - 5/06 3:00 pm "People hate me more because I do good," MrBeast said in a conversation uploaded last November on the YouTube channel oompaville. Read full story |
South Korea's Hanwha to offload Eutelsat stake, filing shows - 5/06 2:55 pm (Reuters) -South Korea's Hanwha Systems is offering to sell its entire 5.4% stake in Eutelsat for about 78 million euros ($85 million), a bookrunner filing showed on Wednesday, as the satellite operator moves ahead with its new financing plan. Read full story |
Samsungs Galaxy S25 Edge shows the limits of impressively thin phones - 5/06 2:00 pm A decade ago, Apple Inc, Samsung Electronics Co and other smartphone manufacturers all battled over the same thing: making the thinnest phone possible. But the industry later pivoted, with technology giants focused instead on jamming in as much battery life, the brightest screens and the fastest chips available. That led to the tradeoff of thicker devices. Read full story |
Gamers get hold of Nintendo's hotly awaited Switch 2 - 5/06 1:45 pm Gamers on June 6 finally got their hands on Nintendo's new Switch 2 console, which could score record early sales for the Japanese Super Mario creator. Read full story |
China drafts rules for driver assistance systems to boost safety - 5/06 1:00 pm China is developing new mandatory national safety requirements for driver assistance systems, signaling a move toward tightening regulations as the safety of the rapidly evolving technology comes under scrutiny. Read full story |
Shein hit with complaint from EU consumer group over 'dark patterns' - 5/06 12:40 am LONDON (Reuters) -Pan-European consumers organisation BEUC filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of "dark patterns", tactics designed to make people buy more on its app and website. Read full story |
China is working on an ultra-fast torpedo powered by AI for submarine .. - 5/06 12:30 am Technology could help supercavitating torpedoes achieve a 92% success rate in distinguishing real submarines from decoys. Read full story |
Nintendo fans scramble to get hands on US$450 Switch 2 console - 5/06 12:11 am Nintendo Co is opening sales of the Switch 2 today, and shoppers are scouting out stores to increase their chances of getting a hold of the US$450 console. Read full story |
AI-driven search ad spending set to surge to $26 billion by 2029, data .. - 5/06 7:22 am (Reuters) -Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from just over $1 billion this year in the U.S., driven by rapid adoption of the technol |
Brazil's Pix set for next leap with launch of recurring payments - 5/06 7:21 am (Reuters) - Brazil's wildly popular instant payment system Pix is poised for another leap with the launch of a new recurring payments feature this month, central bank officials said on Wednesday. Read full story |
Amazon to invest $10 billion in North Carolina to expand cloud, AI .. - 5/06 7:21 am (Reuters) -Amazon.com is investing $10 billion in North Carolina to expand its artificial intelligence infrastructure, further deepening its presence in the state as it seeks to cement its position in the fast-growing technology. Read full story |
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Exclusive-SES $3.1 billion Intelsat deal to gain unconditional EU .. - 5/06 12:37 am BRUSSELS (Reuters) -European satellite company SES is set to win unconditional EU antitrust approval for its $3.1-billion bid for rival Intelsat, people familiar with the matter said, creating a major European player to rival Elon Musk's Space X-owned Starlink. Read full story |
Trump administration renegotiating 'overly generous' Biden Chips Act grants - 5/06 12:27 am WASHINGTON (Reuters) -President Donald Trump's administration is renegotiating some of former President Joe Biden's grants to semiconductor firms that were "overly generous," U.S. Commerce Secretary Howard Lutnick said at a hearing on Wednesday. Read full story |
LinkedIn CEO to take over Office, more AI duties in Microsoft executive .. - 4/06 11:29 pm SAN FRANCISCO (Reuters) -The CEO of LinkedIn will take additional responsibility for Microsoft's Office products, while an executive responsible for one of the company's leading business-to-business artificial intelligence products will start reporting to head of the company's Windows unit, according to a memo from Microsoft CEO Satya Nadella viewed by Reuters. Read full story |
Hackers abuse modified Salesforce app to steal data, extort companies, .. - 4/06 10:27 pm (Reuters) -Hackers are tricking employees at companiesin Europe and the Americasinto installing a modified version of a Salesforce-related app, allowing the hackers to steal reams of data, gain access to other corporate cloud services and extort those companies, Google said on Wednesday. Read full story |
Thrive-backed accounting firm Crete to spend $500 million in AI roll-up - 4/06 9:06 pm -Crete Professionals Alliance, an accounting platform backed by Thrive Capital, plans to invest over $500 million to acquire U.S.-based accounting firms in the next two years, and equip them with OpenAI-powered artificial intelligence technology to boost efficiency, company executives told Reuters. Read full story |
GlobalFoundries boosts investment plans to $16 billion, with research focus - 4/06 9:05 pm SAN FRANCISCO (Reuters) -Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies. Read full story |
CrowdStrike shares drop as Windows-outage fallout hits forecast - 4/06 8:16 pm (Reuters) -Nearly a year after CrowdStrike's botched cybersecurity update crippled airlines, banks and hospitals for hours, the company is still reeling from the fallout of the outage. Read full story |
Mid-tier iPhone lags behind predecessors in first month on sale in Europe - 4/06 5:00 pm The iPhone 16e, the newest and most affordable of Apple's latest-generation smartphones, made a strong entry into Europe's bestseller list, according to the March 2025 ranking published by Counterpoint Research. However, initial sales have yet to match the performance of previous mid-tier iPhone SE handsets. Read full story |
Brookfield Asset Management plans $10 billion data centre for AI in Sweden - 4/06 4:16 pm STOCKHOLM (Reuters) -Brookfield Asset Management (BAM) plans to invest up to 95 billion Swedish crowns ($9.91 billion) to build a data centre for artificial intelligence in Sweden, the Canadian company said in a statement on Wednesday. Read full story |
US labour unions fight to contain AI disruption - 4/06 4:00 pm As artificial intelligence threatens to upend entire sectors of the economy, American labour unions are scrambling to protect workers, demand corporate transparency, and rally political support-an uphill battle in a rapidly changing world. Read full story |
Ex-Ubisoft executive on trial denies seeing office harassment - 4/06 3:30 pm A former executive at French video game giant Ubisoft, on trial with two others for alleged sexual and psychological harassment of employees, denied on June 3 witnessing any abuse in the office. Read full story |
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Meta's nuclear deal signals AI's growing energy needs - 4/06 2:30 pm Meta's deal to help revive an Illinois nuclear power plant was one way of signaling that the parent company of Facebook and Instagram is preparing for a future built with artificial intelligence. Read full story |
Meta becomes the latest big tech company turning to nuclear power for AI .. - 4/06 2:00 pm Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook's parent company. Read full story |
Dutch car sharing firm adds Renault EVs capable of powering local grid - 4/06 1:35 pm LONDON/PARIS (Reuters) -Dutch car sharing firm MyWheels will plug in the first of 500 grid-connectable Renault EVs to its fleet in the Netherlands this week, expanding the number of vehicles in Europe capable of strengthening the power grid as the technology gains traction. Read full story |
Australia cracks down on crypto ATMs as scams, fraud uncovered - 4/06 1:30 pm Australia's financial crimes agency placed curbs on cryptocurrency automatic teller machines as the surging number of kiosks increasingly attract fraudsters and scammers. Read full story |
Sales of refurbished tech products surge under US tariffs, says Back Market - 4/06 1:00 pm US sales of French startup Back Market, which sells refurbished tech products, have surged in response to President Donald Trump's tariffs, as more consumers turn to devices already in the country, its CEO told AFP on June 3. Read full story |
Japan must pursue payment innovation as society becomes cash-less, BOJ .. - 4/06 12:38 am TOKYO (Reuters) -Japan currently has no plan to issue a central bank digital currency (CBDC) but must continue innovating its payment and settlement system in an increasingly cash-less society, a senior central bank official said on Wednesday. Read full story |
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