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Headlines : Star Tech News | Page 1 |
SEC ends lawsuit against Ripple, company to pay $125 million fine - 9/08 12:49 am NEW YORK (Reuters) -The U.S. Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities, leaving a $125 million fine intact and ending one of the cryptocurrency industry's highest-profile lawsuits. Read full story |
Pinterest slumps after flagging soft ad spend in major market U.S - 8/08 9:55 pm (Reuters) -Pinterest shares plunged about 15% on Friday after the image- sharing platform warned of weaker ad spending in the U.S., its biggest market, due to the removal of the "de minimis" trade loophole. Read full story |
Take-Two soars after forecast signals mobile gaming rebound - 8/08 8:35 pm (Reuters) -Take-Two Interactive Software shares rose 3.5% on Friday as the Zynga owner's strong forecast signaled a rebound in the mobile gaming industry following a years-long post-pandemic slump. Read full story |
Trade Desk tumbles after CEO warns of tariff impact on large brand .. - 8/08 7:43 pm (Reuters) -Shares of cloud-based ad tech firm Trade Desk fell by a third during premarket trading on Friday, after CEO Jeff Green warned about ongoing tariff uncertainty pressuring some of the world's largest advertisers. Read full story |
India tech giant TCS layoffs herald AI shakeup of $283 billion outsourcing .. - 8/08 7:43 pm BENGALURU (Reuters) -Indian outsourcing giant Tata Consultancy Services' decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend that could end up eliminating around half a million jobs over the next two to three years from the $283 billion sector, experts said. Read full story |
Expedia shares soar on upbeat forecast, US travel rebound - 8/08 7:42 pm (Reuters) -Shares of Expedia surged nearly 12% than on Friday, after the online travel agent raised its full-year gross bookings forecast and struck an optimistic tone on the recovery in U.S. travel demand. Read full story |
GlobalWafers has received $200 million from CHIPS Act for US projects - 8/08 7:42 pm TAIPEI (Reuters) -Taiwan-based Sino-American Silicon Products said on Friday its subsidiary GlobalWafers received just over $200 million from the U.S. CHIPS Act in June, about half of a grant the major silicon wafer supplier secured last year. Read full story |
South Korea delays decision on Google's request for map data exports - 8/08 7:41 pm SEOUL (Reuters) -South Korea delayed a decision on Friday on a request from Google for permission to export map data, following U.S. pressure to address what Washington regards as a non-tariff barrier during recent trade talks, its transport ministry said. Read full story |
Analysis-Trump call to oust Intel CEO Tan could sidetrack chipmaker's .. - 8/08 7:41 pm (Reuters) -Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chipmaker. Now, U.S. President Donald Trump's demand that Tan resign over his ties to Chinese firms will only distract him from that task, two investors and a former senior employee said. Read full story |
Firefly Aerospace sputters a day after stellar Nasdaq debut - 8/08 7:40 pm (Reuters) -Firefly Aerospace shares fell 11% in morning trading on Friday, in what was perceived as a normal market swing, but the space tech firm's robust debut highlighted renewed investor appetite for high-growth listings. Read full story |
Dogs of war: China touts killer robot 'wolves' - 8/08 2:00 pm China's latest gun-toting quadruped military "wolf" robots are designed to stealthily approach enemies, fire precise shots on targets and work in rough terrain, state media said on Aug 6. Read full story |
Intel CEO says he is working with US administration after Trump demands .. - 8/08 1:18 pm (Reuters) -Intel Chief Executive Lip-Bu Tan on Thursday said the chipmaker is engaging with the U.S. administration to clarify concerns and ensure accurate information is provided after President Donald Trump demanded his immediate resignation earlier in the day. Read full story |
Binance teams up with BBVA to let customers keep assets off exchange, FT .. - 8/08 1:18 pm (Reuters) -Binance is working with Spanish bank BBVA to allow customers to hold their assets off the crypto exchange, Financial Times reported on Friday. Read full story |
Dangerous dreams: Inside Internets sleepmaxxing craze - 8/08 1:00 pm From mouth taping to rope-assisted neck swinging, a viral social media trend is promoting extreme bedtime routines that claim to deliver perfect sleep despite scant medical evidence and potential safety risks. Read full story |
Students have been called to the office - and even arrested - for AI .. - 8/08 12:30 am Surveillance systems in American schools increasingly monitor everything students write on school accounts and devices. Read full story |
OpenAI releases ChatGPT-5 as AI race accelerates - 8/08 12:00 am OpenAI released a keenly awaited new generation of its hallmark ChatGPT on Aug 7, touting "significant" advancements in artificial intelligence capabilities as a global race over the technology accelerates. Read full story |
Patrick Star and 'Sweet Potato' sea cucumber: underwater robot live stream .. - 8/08 11:00 am A robot explores the dark, cold, deep sea floor of the South Atlantic, transmitting images of vibrant coral and fish never seen before as scientists give live commentary via YouTube. And Argentines can't get enough of it. Read full story |
SoftBank shares surge to record after optimism for AI prospects boosted Q1 .. - 8/08 10:54 am TOKYO (Reuters) -Shares in SoftBank Group jumped more than 13% to a record high on Friday morning in a show of investor support for the Japanese technology investor's AI push after first quarter profit beat expectations. Read full story |
Shopping for a robot? China's new robot store in photos - 8/08 10:00 am A high-tech district in the Chinese capital is opening an all-service robot store on Friday to push a national drive to develop humanoid robots. Read full story |
Australia's privacy regulator sues Optus over 2022 data breach - 8/08 9:58 am (Reuters) -An Australian regulator has sued Optus, alleging the Singapore Telecommunications-owned carrier breached privacy laws during a 2022 cyber attack that compromised the personal data of millions of customers, both parties confirmed on Friday. Read full story |
Tesla disbands Dojo supercomputer team, Bloomberg News reports - 8/08 7:48 am (Reuters) -Tesla is disbanding its Dojo supercomputer team and its leader, Peter Bannon, will depart the company, Bloomberg News reported on Thursday, citing people familiar with the matter. Read full story |
Lawsuit accuses Apple of stealing trade secrets to create Apple Pay - 8/08 7:37 am (Reuters) -Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay. Read full story |
Block raises annual profit forecast on resilient consumer spending; shares .. - 8/08 7:31 am (Reuters) -Block reported a rise in second-quarter income and raised its annual gross profit forecast on Thursday, as the payments firm was helped by resilient consumer spending, lifting its shares 6% higher in extended trading. Read full story |
Pinterest's profit miss dims strong revenue, user growth - 8/08 7:30 am (Reuters) -Pinterest missed Wall Street expectations for second-quarter profit on Thursday, overshadowing robust revenue and user growth, sending its shares down over 8% in extended trading. Read full story |
US federal courts say their systems were targeted by recent cyberattacks - 8/08 7:24 am WASHINGTON (Reuters) -The federal judiciary's information technology systems have been targeted by "recent escalated cyberattacks of a sophisticated and persistent nature," the Administrative Office of the U.S. Courts said in a statement on Thursday. Read full story |
Core Scientific's largest shareholder to vote against sale to CoreWeave - 8/08 7:10 am (Reuters) -Two Seas Capital, the largest shareholder of Core Scientific, issued an open letter on Thursday saying it would vote against the company's proposed sale to CoreWeave, in a potential blow to the $9 billion deal. Read full story |
OpenAI launches GPT-5 as the AI industry seeks a return on investment - 8/08 7:08 am SAN FRANCISCO (Reuters) -OpenAI launched on Thursday its GPT-5 artificial intelligence model, the highly anticipated latest installment of a technology that has helped transform global business and culture. Read full story |
India PM Modi, Brazil's Lula agree to enhance cooperation on trade, .. - 8/08 12:28 am (Reuters) -India's Prime Minister Narendra Modi and Brazil's President Luiz Incio Lula da Silva on Thursday agreed to enhance cooperation in trade, technology, energy, defence, agriculture, health and people-to-people ties, Modi's office said in a statement. Read full story |
US startup Lyten to buy bankrupt European battery maker Northvolt - 8/08 12:14 am STOCKHOLM (Reuters) -U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, it said on Thursday, potentially offering a way back for the European company that was once seen as the region's answer to rivals in Asia. Read full story |
Paxos Trust reaches $48.5 million settlement with New York related to .. - 7/08 10:14 pm NEW YORK (Reuters) -Paxos Trust reached a $48.5 million settlement to resolve New York charges it failed to conduct sufficient due diligence of its former partner Binance, and had systemic failures in its anti-money laundering program, the state's financial services regulator said on Thursday. Read full story |
Apple shares rise as US investment pledge eases tariff concerns - 7/08 4:52 pm (Reuters) -Iphone maker Apple shares rose 1.6% in early Frankfurt trade after the company committed an additional $100 billion in U.S. investments, easing concerns over the impact of Washington's tariffs on semiconductor imports. Read full story |
Elon Musk's AI made fake Taylor Swift nudes no prompt needed, report says - 7/08 4:00 pm Elon Musk's artificial intelligence company, xAI, is under renewed scrutiny after its chatbot, Grok, was allegedly found creating AI-generated nude images of pop star Taylor Swift without users explicitly requesting such content. Read full story |
Backlash after 'interview' with AI avatar of US school shooting victim - 7/08 3:00 pm Independent journalist Jim Acosta faced a torrent of online criticism Wednesday after he posted an "interview" conducted with an AI avatar of a US school shooting victim. Read full story |
SoftBank Group posts $2.87 billion net profit in Q1 - 7/08 2:52 pm TOKYO (Reuters) -Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen ($2.87 billion) over the April-June quarter. Read full story |
WhatsApp takes down 6.8 million accounts linked to criminal scam centers, .. - 7/08 2:00 pm WhatsApp has taken down 6.8 million accounts that were "linked to criminal scam centres" targeting people online around that world, its parent company Meta said this week. Read full story |
OpenAI releases free, downloadable models in competition catch-up - 7/08 1:00 pm OpenAI on Tuesday released two new artificial intelligence (AI) models that can be downloaded for free and altered by users, to challenge similar offerings by US and Chinese competition. Read full story |
Sony hikes profit forecast seeing smaller tariff impact - 7/08 12:28 am TOKYO (Reuters) -Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing expectations of a smaller impact from U.S. President Donald Trump's tariffs. Read full story |
New study sheds light on ChatGPT's alarming interactions with teens - 7/08 12:25 am ChatGPT will tell 13-year-olds how to get drunk and high, instruct them on how to conceal eating disorders and even compose a heartbreaking suicide letter to their parents if asked, according to new research from a watchdog group. Read full story |
So long to techs dream job - 7/08 11:00 am It's the shut up and grind era, tech workers said, as Apple, Google, Meta and other giants age into large bureaucracies. Read full story |
Could dementia patients benefit from an AI companion? - 7/08 10:00 am New products are being developed in an attempt to reduce loneliness and bolster cognition. Read full story |
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