Keyword "SOFW1" - List of latest news (1 414 results)

14:19 Breakingviews - AI weakness makes YouTube Alphabet’s new lynchpin

Through its 26-year run, a 6,000% run-up in its share price, and dominance of the global search engine market, Google owner Alphabet has become a $1.8 trillion internet goliath. It operates the world’s most popular operating system in Android, developed some of the crucial technological innovations behind artificial intelligence, and runs a colossal cloud computing service. Only among this jumble

13:11 Google, X next targets as Europe stays tough on tech regulation

Alphabet's Google and Elon Musk's X may be the next to face fines from European regulators, as they stay tough on Big Tech despite concerns of retaliatory U.S. tariffs, according to three sources with direct knowledge of the matter.

08:40 Brazil urging tougher emissions goals ahead of climate summit, sources say

Brazil, which hosts this year's United Nations climate summit, has a main goal of persuading Europe, China and other developing economies to commit to cutting greenhouse gas emissions enough to keep global warming well below 2 degrees Celsius, three people with knowledge of the country's plans told Reuters.

19:26 Google declined OpenAI bid for partnership, exec testifies at trial

Alphabet's Google shot down a bid by OpenAI to use its search technology within ChatGPT, an OpenAI executive testified on Tuesday at Google's antitrust trial in Washington.

21/04 Google faces trial in US bid to end search monopoly

Alphabet's Google faces a historic trial on Monday as U.S. antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser as part of a bid to restore competition to the market for online search engines.

21/04 After Pope Francis' death, focus turns to cardinals who will elect next pontiff

With the death of Pope Francis, announced by the Vatican on Monday, Roman Catholics around the globe will start speculating on who among the red-robed cardinals will succeed him.

18/04 Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice

U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.

17/04 Exclusive: Musk's SpaceX is frontrunner to build Trump's Golden Dome missile shield

Elon Musk's SpaceX and two partners have emerged as frontrunners to win a crucial part of President Donald Trump's "Golden Dome" missile defense shield, six people familiar with the matter said.

16/04 Ex-CISA chief Chris Krebs leaving SentinelOne following Trump pressure

Christopher Krebs, whom President Donald Trump fired as head of the Cybersecurity and Infrastructure Security Agency in 2020, said on Wednesday he is leaving cybersecurity company SentinelOne following pressure from Trump.

16/04 Breakingviews - ASML holds up lens to chip sector’s known unknowns

ASML’s lithography machines are renowned for their unmatched precision in manufacturing semiconductors. The $260 billion company’s first-quarter results offer a similarly precise reflection of the deep uncertainty facing the global chip industry as it grapples with U.S. tariffs.

16/04 California attorney general declines to join Musk's lawsuit against OpenAI

The California attorney general's office declined to join a lawsuit by Elon Musk against OpenAI, the agency wrote in a letter made public on Tuesday, saying that the office did not see how Musk's action serves the public interest of the state.

14/04 Gloom in Barbieland as Trump tariffs drive up costs

Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that U.S. tariffs are likely to drive up the price of their favourite dolls.

14/04 European tech stocks climb as tariff exemptions remove worst-case scenario

Shares in European tech stocks rose on Monday after the U.S. granted exclusions from tariffs for smartphones, computers and some other electronics imported largely from China.

12/04 Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure

A dozen former OpenAI employees filed a legal brief on Friday backing co-founder Elon Musk's lawsuit aimed at keeping the non-profit status of OpenAI, marking the latest development in the dispute over the future of the artificial intelligence firm.

12/04 Exclusive: Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says

Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source familiar with the matter said.

11/04 Cybersecurity industry falls silent as Trump turns ire on SentinelOne

The cybersecurity industry has gone mostly quiet after President Donald Trump took action against one of its prominent members.

10/04 Google slashes business software prices for US federal agencies

Google will offer steep discounts to U.S. federal agencies for its business apps package as the company looks to capitalize on the Trump administration's cost-cutting push and chip away at Microsoft's longstanding grip on the government software market.

10/04 OpenAI countersues Elon Musk, claims harassment

OpenAI countersued Elon Musk on Wednesday, citing a pattern of harassment by Musk and asking a federal judge to stop Musk from any "further unlawful and unfair action" against OpenAI in a court case over the future structure of the firm that helped launch the AI revolution.

10/04 Trump says TikTok deal is still 'on the table'

President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of TikTok is still "on the table" days after it was put on hold.

09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.

09/04 Democratic US senators question Google and Microsoft's AI deals

Two Democratic U.S. senators demanded information from Microsoft and Google about their cloud computing partnerships with artificial intelligence companies, expressing concern the arrangements could stifle competition in the cutting-edge industry.

07/04 Tariff storm ravages Magnificent Seven as Apple nears one-year low

The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.

05/04 Meta releases new AI model Llama 4

Meta Platforms on Saturday released the latest version of its large language model (LLM) Llama, called the Llama 4 Scout and Llama 4 Maverick.

05/04 Microsoft AI CEO's remarks interrupted by pro-Palestinian protester

Microsoft AI CEO Mustafa Suleyman's remarks were interrupted by a pro-Palestinian protesting employee during the technology company's 50th anniversary celebration on Friday over the firm's ties with Israel.

05/04 How Microsoft's AI chief measures consumer inroads for Copilot

As Microsoft CEOs past and present gathered here to celebrate the company's 50th birthday, one leader said he is targeting a particular metric's improvement to guide his strategy on artificial intelligence.

05/04 Microsoft, turning 50, dials up Copilot actions to stay in AI game

Thousands of people swooned in a dark conference hall that felt more like a rock concert when a Microsoft product manager demonstrated the company's latest feature: how to sum numbers in Excel, with the click of a button.

04/04 Exclusive: TikTok deal put on hold after China indicated it would reject deal over tariffs, say sources

A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump's reciprocal tariffs announcement, according to two sources familiar with the matter.

04/04 Trump TikTok sale deadline looms as US looks for deal

China's ByteDance faces a Saturday deadline to sell the U.S. assets of TikTok to a non-Chinese buyer, which was imposed by President Donald Trump in January, or face a ban that was supposed to take effect in January under a 2024 law. Trump said Thursday his administration is "very close" to reaching a deal on TikTok, with multiple investors involved.

04/04 Breakingviews - Shifting world order suits ‘inbetweener’ economies

If there was any remaining doubt, the unipolar U.S. moment is over. On January 30 newly installed U.S. Secretary of State Marco Rubio called time on the country’s three-decade-long run as the sole arbiter of global affairs, calling it an “anomaly”. A fortnight later, Secretary of Defense Pete Hegseth explained clearly the new dynamic when he described China as a “peer competitor” and told other me

04/04 Trump says China could get tariff relief if it approves TikTok deal

President Donald Trump on Thursday said he would consider a deal for TikTok where China agrees to approve the sale of the short video app owned by Byte Dance in exchange for relief from U.S. tariffs on Chinese imports.

02/04 OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok

A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday.

02/04 Amazon bids to buy TikTok as deadline looms, New York Times reports

Amazon.com has put in a last-minute offer to buy all of short-form video app TikTok, the New York Times reported on Wednesday, citing three people familiar with the bid.

02/04 MI5 delves into the history of spying in new London exhibition

Britain's spy agency MI5 is revealing some secrets.

01/04 Ghibli effect: ChatGPT usage hits record after rollout of viral feature

The frenzy to create Ghibli-style AI art using ChatGPT's image-generation tool led to a record surge in users for OpenAI's chatbot last week, straining its servers and temporarily limiting the feature's usage.

01/04 China's Xiaomi says it is cooperating with police after fatal EV accident

China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident involving a SU7 electric vehicle on March 29 and it had handed over driving and system data.

01/04 OpenAI to raise $40 billion to boost AI efforts

OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.

31/03 Trump says TikTok sale deal to come before Saturday deadline

President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.

30/03 Momoa and Black create comedy in game adaptation 'A Minecraft Movie'

Hollywood stars Jason Momoa and Jack Black used humour and big performances to bring to life a corner of Minecraft, the best-selling video game of all time, in "A Minecraft Movie."

28/03 OpenAI must complete for-profit transition by year-end to raise full $40 billion

OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar with the matter said on Friday.

28/03 Exclusive: Blackstone evaluates taking a stake in US TikTok spinoff, sources say

Private equity firm Blackstone is evaluating taking a small minority investment in TikTok's U.S. operations, according to two people familiar with the matter.

28/03 CoreWeave valued at $22.7 billion as shares dip in muted Nasdaq debut

CoreWeave's shares opened nearly 3% below their offer price in its Nasdaq debut on Friday, giving the Nvidia-backed AI infrastructure firm a valuation of $22.7 billion on a fully diluted basis.

28/03 Ubisoft jumps 10% after Tencent invests in new subsidiary

Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros.

28/03 Breakingviews - CoreWeave scripts AI’s Tinker Bell moment

CoreWeave is the Tinker Bell of the artificial intelligence trade. Like the fairy from "Peter Pan", it is capable of soaring flight, growing revenue eightfold last year to $1.9 billion. Yet as the story goes, it requires belief to stay aloft. The primary suspension of doubt: that dependence on one supplier and one customer does not matter. As the company struggles to conclude an initial public off

27/03 TikTok Shop steps up Europe expansion with US future unclear

E-commerce platform TikTok Shop said it will launch to users in France, Germany, and Italy on Monday, expanding its reach further into Europe even as TikTok faces being shut down in the U.S. if Chinese owner ByteDance does not find an American buyer.

27/03 Assassin's Creed creator Ubisoft sets up 4 billion euro subsidiary, backed by Tencent

French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion euros ($1.25 billion).

27/03 Exclusive: Trump administration directs spy satellite agencies to surveil US-Mexico border

The Trump administration has directed two intelligence agencies to train their satellite surveillance capabilities on the U.S.-Mexico border region as part of a sweeping crackdown on illegal immigration and drug cartels.

27/03 Exclusive: Italy pursues payment from Meta, X and LinkedIn in landmark tax case

Italy has handed tax demands to Meta , X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on Wednesday.

27/03 Trump says he may give China reduction in tariffs to get TikTok deal done

U.S. President Donald Trump said on Wednesday he would be willing to reduce tariffs to get a deal done with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans.

22/03 Existing ByteDance investors emerge as front-runners in TikTok deal talks

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app's U.S. operations, according to two sources familiar with the discussions.

10/03 Exclusive: CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say

CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with OpenAI to provide cloud computing services ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday.

10/03 Trump says US talking to four different groups on sale of TikTok

Former LA Dodgers owner Frank McCourt has expressed interest.

08/03 China’s AI catch-up begins to look inevitable: podcast

Beijing’s leap in developing silicon smarts, embodied in DeepSeek’s shockingly cheap model, will challenge US attempts to restrict cutting-edge technology. In this week’s Viewsroom podcast, Breakingviews columnists debate whether it will destabilize the AI market.

08/03 COVID-19 shut us down five years ago. Here's how its economic impact continues

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy.

07/03 Crypto leaders to meet at Trump's summit, strategic reserve in focus

Cryptocurrency industry elite are set to meet with U.S. President Donald Trump at the White House on Friday to discuss how the government will enact Trump's vision of making the country the "crypto capital of the world."

07/03 Broadcom shares surge as solid forecast eases demand worries for AI chips

Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers that could boost revenue in a highly competitive market.

07/03 As US chip darlings struggle, some bet on software as next big AI play

U.S. chip stocks were the biggest beneficiaries of last year's artificial intelligence investment craze, but they have stumbled so far this year, with investors moving their focus to software companies in search of the next best thing in the AI play.

06/03 Malaysia discusses absorbing U.S. chip tariffs with companies

Malaysia is discussing with chip companies based in the country whether they can absorb the impact of potential U.S. tariffs on semiconductors, its trade minister said, as it looks to hedge against risks to its export-driven economy.

05/03 Taiwan turns to companies in Ukraine for China contingency planning

A senior Taiwan official pointed to companies in Ukraine including Uber and Microsoft which continued to provide critical services.

03/03 Exclusive: Reddit co-founder Alexis Ohanian joins Frank McCourt’s bid for TikTok

Frank McCourt announced on Monday that Alexis Ohanian, the co-founder of Reddit and a venture capitalist, has joined his bid to acquire TikTok's U.S. operations as a strategic adviser specializing in social media.

25/01 Am I being censored? Some US TikTok users say app feels different after ban lifted

U.S. TikTok users who once saw the app as a haven for free speech say they see signs of censorship after the platform, which is owned by China's ByteDance, was revived by an executive order from President Donald Trump.

24/01 Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says

Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.

24/01 Wall St Week Ahead Fed's rate-cut view set to test resurgent US stocks rally

The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.

24/01 Breakingviews - How China can keep pace in the global AI race

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling U.S. sanctions. Late last month, Hangzhou-based startup DeepSeek added the latest technological surprise by claiming to have tra

24/01 Billionaire McCourt says he is open to teaming up on a TikTok bid

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.

23/01 Focus: Behind $500 billion AI data center plan, US startups jockey with tech giants 

This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.

23/01 Britain appeals to Big Tech with change of regulatory guard

Britain's choice of a former Amazon executive to chair its antitrust regulator is a clear pitch for investment, including from Big Tech, and signals it is prepared to go easier on deal-making if that would help, company bosses and lawyers said.

22/01 Berlin urges tech firms to do more to stop disinformation ahead of vote

Germany's interior minister told social media platforms on Wednesday to do more to prevent disinformation before next month's election, such as clearly identifying political advertising and labelling videos manipulated with AI.

22/01 Meta backs data analytics firm Databricks as AI boom attracts investors

Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.

22/01 Exclusive: OpenAI tells India court ChatGPT data removal will breach US legal obligations

OpenAI has told an Indian court that any order to remove training data powering its ChatGPT service would be inconsistent with its legal obligations in the United States, according to a recent filing seen by Reuters.

22/01 Microsoft's LinkedIn sued for disclosing customer information to train AI models

Microsoft's LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models.

22/01 Breakingviews - UK antitrust ouster signals risk as much as growth

Rachel Reeves is sending a message. The UK finance minister on Monday booted out Marcus Bokkerink from his role chairing the national antitrust regulator, the Competition and Markets Authority. It’s squarely in keeping with her push to spur British growth, which in turn echoes what others are doing abroad. But it also sends a risky signal.

22/01 Saudi prince's investment firm would be keen on TikTok if Musk or others buy it, CEO says

Kingdom Holding already holds stakes in Musk's social media platform X and his artificial intelligence startup xAI.

22/01 TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to create AI models capable of tackling complex problems.

22/01 Breakingviews - A TikTok deal may be good for US-China trade

It's becoming clear that everything may be up for negotiation with President Donald Trump. That might not be a bad thing for China. The U.S. leader warned the People's Republic could face tariffs of up to 100% if Beijing does not approve a sale of TikTok, the video app owned by Chinese firm ByteDance. How such a deal would look is unclear, but it would be an easy way for both sides to show goodwil

21/01 TikTok app unavailable on Apple, Google stores in US despite Trump delaying ban

TikTok remained unavailable on Apple and Google app stores in the U.S. on Tuesday, a day after President Donald Trump signed an executive order delaying the enforcement of a ban on the popular Chinese-owned short-video app by 75 days.

21/01 Facebook, X, YouTube to do more against online hate speech, EU says

Meta's Facebook, Elon Musk's X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech under an updated code of conduct that will now be integrated into EU tech rules, the European Commission said on Monday.

21/01 Deep freeze blankets much of the US, winter storm targets South

A rare winter storm churned across the U.S. Gulf Coast on Tuesday, bringing heavy snow, ice and wind gusts to a region where flurries are unusual, while much of the United States remained in a deep freeze.

21/01 Biden FTC chair Khan to resign from commission in coming weeks

Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the commission in the coming weeks, she told staff in a memo.

20/01 TikTok awaits Trump reprieve as China signals it is open to a deal

The app and website were operational on Monday, but TikTok was still not available for download in the Apple and Google app stores, suggesting the two companies were waiting for clearer legal assurances.

20/01 German TikTokers like China, Russia more, poll shows

Germans who get their news through TikTok are less likely to see China as a dictatorship, be less critical of Russia's invasion of Ukraine and be more sceptical about climate change and the utility of vaccines than consumers of other media.

20/01 Conservative influencers celebrate at TikTok-sponsored Trump inauguration party

TikTok earmuffs and MAGA hats adorned partygoers at Sunday's inauguration celebration for the incoming President Donald Trump and the video-sharing platform he once tried to ban.

20/01 Breakingviews - Davos becomes world’s most exclusive watch party

The Swiss town of Davos will this week host what amounts to an exclusive watch party for the season premiere of Donald Trump’s second term. The annual gathering of the World Economic Forum (WEF), held in the alpine resort each January, presents itself as a place where the world’s political, business, and financial leaders meet to solve big problems. This year, though, the 2,750 delegates will spen

20/01 Relieved US TikTok enthusiasts hope 'magic' returns as app is restored

On Saturday night, for the first time in five years, millions of American TikTok users who logged on for a late-night scroll were met with an unwelcome notice that their beloved app had been banned and shut down.

18/01 Perplexity AI bids to merge with TikTok US, source says

The plan would let most ByteDance investors keep their equity stakes, a source said.

17/01 TikTok's purveyors of creams and candies under threat from US ban

TikTok's expected Sunday shutdown poses the biggest threat to the universe of small- and medium-sized firms and so-called influencers who depend on the short-form video site for their livelihood, while big brands are expected to move to other sites.

17/01 US Supreme Court upholds law banning TikTok

The U.S. Supreme Court refused to rescue TikTok on Friday from a law that required the popular short-video app to be sold by its Chinese parent company ByteDance or banned on Sunday in the United States on national security grounds - a major blow to a platform used by nearly half of all Americans.

17/01 US TikTok ban could echo India chaos as users seek options

TikTok fans in the U.S. are racing to secure alternatives and safeguard their digital empires ahead of a looming shutdown, evoking the chaos of India's 2020 ban that erased the app from the lives of 200 million users overnight.

17/01 Senate Democrats ramp up pressure on Biden to delay TikTok ban

A growing number of lawmakers are urging President Joe Biden to grant a reprieve to prevent TikTok from going dark in the United States as soon as Sunday, warning millions of creators and businesses could be hurt.

16/01 Trump will keep TikTok from 'going dark' if deal is on table, adviser says

U.S. President-elect Donald Trump's incoming national security adviser said on Thursday the new administration will keep TikTok alive in the United States if there is a viable deal.

16/01 TikTok, 5 other Chinese firms hit by EU privacy complaints

TikTok, Shein, Xiaomi and three other Chinese companies were named in a privacy complaint filed on Thursday by Austrian advocacy group Noyb which claimed the firms were unlawfully sending European Union user data to China.

16/01 US TikTok users scramble, despair as Bytedance waves the 'white flag'

Disappointment, denial and confusion flooded U.S. TikTok on Wednesday upon hearing the news that Chinese owner ByteDance planned to shut off the app for its 170 million U.S. users by Sunday, seemingly throwing in the towel on efforts to keep the popular video-sharing platform going.

15/01 TikTok preparing for U.S. shut-off on Sunday, The Information reports

TikTok plans to shut off its app for U.S. users on Sunday, when a federal ban on the social media app could come into effect, The Information reported on Tuesday, unless the Supreme Court moves to block it.

14/01 Breakingviews - Wild TikTok dance adds clumsy Beijing shuffle-step

It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the possibility of letting ByteDance sell it to Elon Musk, the boss of Tesla and owner of social media site X. With so many stakeholders, however, it will take more than just two to tango.

14/01 Biden signs executive order to ensure power for AI data centers

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.

13/01 Exclusive: Tech supplier Arm plans to hike prices, has considered developing its own chips

Arm Holdings , , a technology supplier to chip firms, is developing a long-term strategy to hike prices by as much as 300% and has discussed designing its own chips in a move to compete with its biggest customers.

13/01 Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday.

13/01 How the new AI chip rule from the US will work

The rule regulates the flow of American AI chips and technology needed for the most sophisticated AI applications.

13/01 US tightens its grip on AI chip flows across the globe

The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its allies while finding more ways to block China's access.

10/01 Supreme Court to hear fight over looming US ban on TikTok

Facing a looming ban in the United States, TikTok's fate will be in the hands of the Supreme Court in a case being argued on Friday that pits free speech rights against national security concerns over the widely used short-video app owned by Chinese company ByteDance.

10/01 Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say

A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday.

08/01 Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead

Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away.

08/01 OpenAI boss denies sexually assaulting his sister after she files lawsuit

OpenAI Chief Executive Sam Altman has denied sexually abusing his sister when she was a child, after she filed a lawsuit in the United States accusing him of regularly sexually abusing her between 1997 and 2006.

08/01 AI startup Anthropic to raise $2 billion at $60 billion valuation, sources say

AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon .

07/01 Nvidia CEO says company has plans for desktop chip designed with MediaTek

Nvidia Chief Executive Jensen Huang said on Tuesday that MediaTek will be able to sell the desktop central processor chip the two companies unveiled this week and that Nvidia has undisclosed plans for the chip.

07/01 Tech group urges US to halt rule that would limit global access to AI chips

A technology industry group on Tuesday urged President Joe Biden's administration to refrain from issuing a last-minute rule that would control global access to AI chips, warning the restrictions would jeopardize U.S. leadership in artificial intelligence.

07/01 Trump announces $20 billion investment in US data centers

U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States.

07/01 Microsoft to invest $3 billion to expand AI, cloud capacity in India

Microsoft will invest about $3 billion to expand capacity for artificial intelligence and its Azure cloud-computing services in India, CEO Satya Nadella said on Tuesday.

07/01 Meta elects UFC CEO Dana White, two others to board

Meta Platforms said on Monday it had elected three new directors to its board, including Dana White, CEO of Ultimate Fighting Championship (UFC) and close friend of President-elect Donald Trump.

06/01 Chip firms surge on hopes of strong AI-led demand

Shares of chipmakers jumped on Monday as Microsoft's plan to invest $80 billion in AI-enabled data centers in fiscal 2025 spurred bets that semiconductor demand would remain strong.

06/01 Disney to combine Hulu + Live TV business into Fubo

Walt Disney Co and sports-focused streaming provider FuboTV have agreed to combine their online live TV businesses, the companies said on Monday.

06/01 Breakingviews - Risk and resilience are the watchwords for 2025

As the world rings in 2025, try to imagine what it would have looked like in 2019 if a visitor from the future appeared with a warning about what was going to happen next.

05/01 Cybersecurity firm Tenable's CEO Amit Yoran dies after battle with cancer

Amit Yoran, the chairman and chief executive of cybersecurity firm Tenable Holdings died on Friday following a battle with cancer, the company said on Saturday.

03/01 Microsoft plans to spend $80 bln on AI-enabled data centers in fiscal 2025

Microsoft is planning to spend about $80 billion in fiscal 2025 to build data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday.

03/01 TikTok knew its livestreams exploit children, Utah lawsuit claims

TikTok has long known its video livestreams encourage sexual conduct and exploit children yet turned a blind eye because it "profited significantly" from them, according to newly unsealed material in a lawsuit by the state of Utah.

03/01 Breakingviews - Tech will learn the value of a cash paycheck

Technology companies are ready for a New Year’s resolution: shaking their addiction to stock-based compensation. Startups strapped for cash but rich in faith that valuations must go up have attracted talent by paying their salaries in shares. Even mature tech giants have trouble just using cash. In 2025, the incentive to keep this up will dwindle as scrutiny rises.

02/01 Unity Software shares surge after cryptic post by 'Roaring Kitty'

Unity Software's shares rose nearly 10% on Thursday as a cryptic post by "Roaring Kitty" on social media platform X sparked enthusiasm, following a challenging year for the videogame software maker.

02/01 Nvidia's market value gets $2 trillion boost in 2024 on AI rally

Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries.

02/01 Albania TikTok ban sparks debate over freedom of speech

Every evening, Ergus Katiaj uploads a video on TikTok reminding customers that his shop in Tirana delivers potato chips, cigarettes and alcohol through the night. His phone buzzes with orders that add about 1,000 euros to his monthly profit.

02/01 Breakingviews - AI will become a Madison Avenue sensation in 2025

The next big thing in technology will be powered by advertising money, too. Google, Facebook and Instagram ballooned in prominence and profitability by leveraging brand-building budgets from Tide laundry detergent to local plumbers. Even companies such as Netflix and Amazon , which until recently relied mainly on subscriptions, are getting in on the action. Artificial intelligence business models

27/12 Free-speech advocates tell Supreme Court US TikTok law reminiscent of dictatorships

A U.S. law against Chinese-owned TikTok evokes the censorship regimes put in place by the United States' authoritarian enemies, free-speech advocates told the Supreme Court on Friday.

27/12 OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.

27/12 Trump says Microsoft's Bill Gates has asked to visit him in Florida

Donald Trump said Microsoft co-founder Bill Gates has asked to visit him at the president-elect's Mar-a-Lago home in Florida on Friday night.

23/12 Exclusive: Microsoft works to add non-OpenAI models into 365 Copilot products, sources say

Microsoft has been working on adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot, in a bid to diversify from the current underlying technology from OpenAI and reduce costs, sources familiar with the effort told Reuters.

23/12 Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

22/12 Trump says it could be worth keeping TikTok in US for a little while

The app faces a Jan. 19 ban in the United States.

21/12 Potential TikTok bidder seeks a CEO, prepares business overhaul

U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters.

20/12 OpenAI unveils 'o3' reasoning AI models in test phase

OpenAI said on Friday it was testing new reasoning AI models, o3 and o3 mini, in a sign of growing competition with rivals such as Google to create smarter models capable of tackling complex problems.

20/12 Italy fines OpenAI over ChatGPT privacy rules breach

Italy's data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative artificial intelligence application.

20/12 Breakingviews - Microsoft’s AI setback: an imaginary letter

Breakingviews imagines the letter that Microsoft Chief Executive Satya Nadella might write to shareholders after the artificial intelligence bubble deflates.

19/12 Arm, Qualcomm to make closing cases in chip license dispute trial

Lawyers for Arm Holdings , and Qualcomm are set to make closing arguments on Friday in a case that could upend Qualcomm's push into the PC market with a chip meant to rival Apple and Intel on speed.

18/12 US cyber watchdog wants immediate switch to encrypted apps following 'Salt Typhoon' hacks

The U.S. cybersecurity watchdog CISA is telling senior American government officials and politicians to immediately switch to end-to-end encrypted messaging following intrusions at major American telecoms blamed on Chinese hackers.

18/12 Japan's Space One Kairos rocket fails minutes after liftoff

Space One aborted its second bid to become the country's first company to deliver a satellite to the Earth's orbit.

17/12 Arm, Qualcomm lawyers grill ex-Apple exec in chip design battle

Attorneys for Arm , and Qualcomm grilled a former Apple executive on Tuesday about a key question for the future of the chip industry: Who owns the intellectual property built on top of Arm's computing architecture?

17/12 Breakingviews - Green energy will be a smart contrarian trade

On the face of it, 2025 is shaping up to be a stinker for renewable energy. The planet seems ever further from restricting global warming to a manageable 1.5 degrees Celsius level, and the election of Donald Trump as U.S. president means that the world’s biggest economy will visibly retreat from the collective fight against climate change. Yet while the year ahead will be painful for some green po

16/12 When AI vies with Taylor Swift as the hot ticket in town

Deep in the cavernous convention center here, on math-filled posters or in spirited conversations, could be a breakthrough for artificial intelligence in the making.

16/12 Breakingviews - OpenAI IPO would create the next hot meme stock

Artificial intelligence models require vast amounts of data. The companies that run them, like ChatGPT creator OpenAI, require vast amounts of cash. There’s a logical solution to the $157 billion group’s perpetual fundraising quest: the mother of all meme-stock initial public offerings in 2025.

16/12 Serbia used Israeli firm’s tech to enable spy campaign, Amnesty says

Serbian officials installed homegrown spyware on the phones of dozens of journalists and activists, Amnesty International said in a report released on Monday, citing digital forensic evidence and testimony from activists who said they were hacked in recent months.

14/12 OpenAI fires back at Elon Musk bid to block for-profit conversion

OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company.

13/12 Exclusive: Major cloud providers could get key role in AI chip access outside the US - sources

In its latest jab at Beijing, the U.S. will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, two people familiar with the draft plan said.

13/12 Breakingviews - AI models’ slowdown spells end of gold rush era

Amid the many uncertainties in the artificial intelligence field, one thing has always seemed clear: bigger and more expensive systems produce better results. Hence the relentless fundraising of model developers like $157 billion OpenAI and the mammoth capital expenditures of Big Tech groups. Now, however, that kernel of certainty seems to be disintegrating. Having run out of novel data on which t

12/12 Malaysia launches national AI office for policy, regulation

Malaysia launched on Thursday a national artificial intelligence office aimed at shaping policies and addressing regulatory issues, as it looks to establish itself as a regional hub for AI development.

12/12 US asks court to reject TikTok's bid to stave off law that could ban the app

The Justice Department late on Wednesday asked a U.S. appeals court to reject an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest the short-video app by Jan. 19 or face a ban.

11/12 Stunning rally in Big Tech drives Nasdaq to 20,000

The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest rates fueled a searing rally in technology stocks.

11/12 Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record high after U.S. President-elect Donald Trump picked Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency.

11/12 Synopsys offers to sell two assets in bid for EU okay for $35 bln Ansys deal, sources say

Chip design software company Synopsys has offered to sell an Ansys unit on top of one of its own in a bid to win EU approval for its $35 billion acquisition of the chip design software company, three people with direct knowledge of the matter said.

11/12 Trump picks Andrew Ferguson to chair FTC

U.S. President-elect Donald Trump tapped Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency, Trump said on social media on Tuesday.

10/12 Teamviewer acquires London-based 1E in $720-million deal

Teamviewer has signed a deal to acquire the London-based IT firm 1E for an enterprise value of $720 million, the German software company said on Tuesday.

10/12 OpenAI releases text-to-video model Sora for ChatGPT Plus and Pro users

OpenAI said on Monday it has released its artificial intelligence model, which creates video from text, to ChatGPT Plus and Pro users, expanding its foray into multimodal AI technologies.

09/12 Trump's Musk-led efficiency drive may spur defense-tech partnerships

President-elect Donald Trump's planned U.S. government efficiency drive involving Elon Musk could lead to more joint projects between big defense contractors and smaller tech firms in areas such as artificial intelligence, drones and uncrewed submarines, according to interviews with company executives.

09/12 ByteDance, TikTok seek temporary halt to US ban pending Supreme Court review

The companies warned that without the order the law willl "shut down TikTok—one of the nation’s most popular speech platforms—for its more than 170 million domestic monthly users on the eve of a presidential inauguration."

09/12 Exclusive: Five9 nears settlement with Anson Funds under activist pressure

Five9 is nearing a settlement with Anson Funds Management after the hedge fund and several other activist investors pushed the U.S. call center software company to make changes that would boost its share price, sources familiar with the matter said on Sunday.

08/12 Trump aides contact Google, Meta, Snap over online drug sales, The Information reports

Snap and TikTok also were included.

07/12 US spending on TikTok Shop gains as TikTok faces threat of ban, data shows

U.S. TikTok users spent heavily to buy merchandise from a range of vendors on the e-commerce platform TikTok Shop so far this holiday shopping season, according to TikTok estimates and a Reuters analysis of spending patterns measured by data from Facteus.

07/12 US TikTok content creators warn followers to find them on Instagram, YouTube

American content creators on TikTok asked followers to subscribe to their channels on rival platforms like Meta-owned Instagram and Alphabet's YouTube after a federal appeals court ruled that the social media app could be banned if it is not sold to a U.S.-based company by Jan. 19.

06/12 Palantir, Anduril sign partnership for AI training in defense

Data analytics firm Palantir Technologies and defense tech company Anduril Industries have partnered to use defense data for artificial intelligence training, the companies said on Friday.

06/12 Breakingviews - Trade warriors are on a TikTok collision course

Threats of tariffs or banning telecommunications equipment were the easy part. TikTok illustrates what happens when the trade war gets difficult. A U.S. federal court has unambiguously supported the government's assertion that the short-form video app's relationship with Chinese parent ByteDance raises national security concerns. European allies are on guard, too. A looming January deadline is a d

06/12 What happens next for TikTok after court ruling against it?

A U.S. federal appeals court ruled on Friday in favor of upholding a law requiring China-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.

06/12 US appeals court upholds TikTok law forcing its sale

A U.S. federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.

05/12 Breakingviews - US market juggernaut poses top risk for 2025

Many large investors are approaching 2025 with a sense of nervous anticipation. That may seem surprising: the world economy has so far avoided a hard landing, while U.S. equities are on track to gain 20% or more for the second year running. President-elect Donald Trump’s impending return to the White House and lingering inflation concerns give money managers reason to fret. The biggest risk, howev

05/12 OpenAI launches $200 ChatGPT subscription for research use

OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can be used in engineering fields and for research, as the AI firm looks to expand industry applications for its technology.

03/12 Exclusive: Intel's CEO-shortlist candidates include former board member Lip-Bu Tan, sources say

Intel has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaker ousted company veteran Pat Gelsinger, according to people familiar with the matter.

03/12 Chinese chip firms say they can withstand new US export curbs

Chinese chip companies targeted by Washington with fresh export controls have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles.

30/11 World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.

29/11 Canadian news companies challenge OpenAI over alleged copyright breaches

Five Canadian news media companies filed a legal action on Friday against ChatGPT owner OpenAI, accusing the artificial-intelligence company of regularly breaching copyright and online terms of use.

28/11 World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.

28/11 Orange signs deal with OpenAI to get access to pre-release AI models

Orange has struck a multi-year partnership with OpenAI in Europe that will give the French telecoms operator access to pre-release AI models, group chief artificial intelligence officer Steve Jarrett said on Wednesday.

27/11 Microsoft faces wide-ranging US antitrust probe

The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft , including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday.

27/11 OpenAI allows employees to sell $1.5 billion stock to SoftBank, sources say

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group , two sources familiar with the matter told Reuters on Wednesday.

27/11 Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffs

Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footprint.

25/11 Zoom raises annual revenue and profit forecasts, expands share repurchase

Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.

25/11 Nvidia shows AI model that can modify voices, generate novel sounds

Nvidia on Monday showed a new artificial intelligence model for generating music and audio that can modify voices and generate novel sounds - technology aimed at the producers of music, films and video games.

25/11 Focus: Guyana's pick of new US startup faces hurdles to tap vast gas reserves

Doubts are growing over Guyana's pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped natural gas resources that could cost up to $30 billion. Year-old Fulcrum LNG faces financing hurdles that could derail its selection. Ultimately, the South American nation may end up relying on a consortium led by Exxon Mobil , which controls all the production in the

25/11 Breakingviews - Nvidia’s next move is to hit the road

When Nvidia posted third-quarter earnings on Wednesday, all eyes were on the $3.5 trillion chipmaker’s data center unit. Boosted by ravenous demand from the likes of Microsoft or Meta Platforms , who stuff its graphics processors into server farms training artificial intelligence, the segment accounted for nearly 90% of the company’s $35 billion of revenue. At a mere 1% of revenue, Nvidia’s automo

24/11 Thales denies wrongdoing as Anglo-French bribery probe hits shares

Britain and France are investigating suspected bribery and corruption.

24/11 Explainer: COP29 - How does $300 billion stack up?

Countries agreed at the U.N.'s COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

23/11 Exclusive: Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

Saudi Aramco's digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people familiar with the matter told Reuters on Friday.

22/11 Amazon doubles down on AI startup Anthropic with $4 bln investment

Anthropic said on Friday that longtime backer Amazon.com had pumped an additional $4 billion into the artificial intelligence startup, doubling its investment in the firm known for its GenAI chatbot Claude.

21/11 X's former top policy chief takes job with Elon Musk rival, Sam Altman

Nick Pickles, the former head of global affairs at Elon Musk's social media platform X, is joining forces with one of Musk's rivals, his fellow OpenAI co-founder Sam Altman.

21/11 Gulf states wedge AI efforts between superpowers: podcast

The United Arab Emirates and Saudi Arabia are building home-grown silicon smarts and forging links with the likes of Microsoft. In this Viewsroom podcast, Breakingviews columnists discuss how the region is muscling its way into a technology arms race between China and the US.

19/11 Senator says Trump cannot ignore law requiring ByteDance to divest TikTok by next year

The chair of a U.S. Senate Judiciary subcommittee said on Tuesday that President-elect Donald Trump cannot ignore a law requiring Chinese-based TikTok to divest the short video app used by 170 million Americans by early next year.

19/11 Nvidia’s growing cash hoard points to M&A

Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und

18/11 San Francisco mayor-elect taps OpenAI CEO Sam Altman for transition team

San Francisco's mayor-elect Daniel Lurie named OpenAI CEO Sam Altman as one of seven co-chairs of his transition team, the campaign announced on Monday.

18/11 Breakingviews - Nvidia’s growing cash hoard points to M&A

Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und

18/11 Exclusive: India cenbank plans 2025 launch of cloud services, countering dominance of global firms

India's central bank will launch a pilot programme in 2025 offering local cloud data storage to financial firms at affordable prices, according to two sources aware of the matter, who declined to be identified as conversations are confidential.

17/11 New Nvidia AI chips face issue with overheating servers, The Information reports

Nvidia's new Blackwell AI chips, which have already faced delays, have encountered problems with accompanying servers that overheat, causing some customers to worry they will not have enough time to get new data centers up and running, the Information reported on Sunday.

17/11 TikTok parent ByteDance's valuation hits $300 billion, sources say

TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters.

15/11 Wall St Week Ahead Nvidia results in focus as stock market's election boost stalls

Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled.

15/11 Wall St loses ground after Powell urges caution on rate cuts

Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up U.S. Treasury yields and pressuring equities.

14/11 Breakingviews - Investors ignore the law of long-term averages

The U.S. stock market has hit 50 new highs so far this year. Investors are now anticipating tax cuts and further fiscal largesse from the next Trump administration. Yet each new peak pushes the market further away from fair value. Advocates of the principle that valuations revert to their long-term average over time anticipate dismal future returns. Unfortunately, their measures have been flashing

14/11 TikTok launches AI-powered video platform to advertisers globally

ByteDance-owned TikTok on Thursday announced the global availability of its generative AI video creation platform, Symphony Creative Studios, to all advertisers, as the short-video app looks to boost its ad business.

14/11 US FTC plans to investigate Microsoft's cloud business

The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft's cloud computing business, sources familiar with the matter told Reuters on Thursday.

13/11 Breakingviews - Gulf’s AI strategy is built on more than sand

When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for decidedly slim returns. But with artificial intelligence – where losing stacks of money is a very real risk for investors globally – Abu Dhabi in particular looks to have the makings of a valid strategy.

13/11 Breakingviews - Arbageddon dangers averted by only so much

The biggest bet in merger arbitrage is that a bad losing streak will come to an end. Hedge fund managers trying to capitalize on the fate of M&A have been battered by aggressive competition cops and a scarcity of deals to balance out their portfolios. Both trends should reverse under President-elect Donald Trump, but his unpredictable style means more spectacularly bad trades await.

12/11 OpenAI co-founder Greg Brockman returns to ChatGPT maker

OpenAI co-founder Greg Brockman has returned to the artificial intelligence startup three months after taking a leave from his role as president, he said in a post on X on Tuesday.

12/11 Amazon offers free computing power to AI researchers, aiming to challenge Nvidia

Amazon.com's cloud computing unit on Tuesday said it will offer free computing power to researchers who want to use its custom artificial intelligence chips, aiming to challenge Nvidia's popularity among those researchers.

11/11 Vatican unveils AI services for St. Peter's Basilica ahead of Jubilee

The Vatican launched on Monday new Artificial Intelligence-enabled services for St Peter's Basilica, allowing virtual access to its Renaissance-era architectural treasures for all and enhanced tours for visitors.

11/11 OpenAI and others seek new path to smarter AI as current methods hit limitations

Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges in the pursuit of ever-biggerlarge language models by developing training techniques that use more human-like ways for algorithms to "think".

11/11 Web Summit kicks off in Lisbon as tech leaders weigh Trump’s return

Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s return to the White House.

09/11 OpenAI's ChatGPT faces massive outage with thousands of users impacted

Microsoft-backed OpenAI said on Friday night it is facing an issue that has resulted in its popular chatbot ChatGPT being unavailable.

07/11 Nvidia surpasses $3.6 trillion market value after Trump win

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return to the White House.

06/11 Some European firms retreat from Israel-linked finance amid war pressure

Several of Europe's biggest financial firms have cut back their links to Israeli companies or those with ties to the country, a Reuters analysis of filings shows, as pressure mounts from activists and governments to end the war in Gaza.

05/11 Palantir shares surge to record as AI boom powers forecast raise

Palantir shares jumped over 17% to hit a record high on Tuesday, after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the AI frenzy was fueling demand for its services.

04/11 Market value of Nvidia and TSMC surges in October on strong AI chip demand

Nvidia led a surge in market value among global firms in October, buoyed by unrelenting demand for its new supercomputing artificial intelligence chips as more companies integrate AI into their daily operations.

03/11 Wall St Week Ahead US election, Fed meeting loom in big week for markets

A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more insight on the path of interest rates at its monetary policy meeting.

01/11 Harris vs Trump: Stocks to watch as White House race enters final stretch

Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms point to a tight race between Vice President Kamala Harris and former President Donald Trump.

01/11 China's sanction-hit tech industry puzzles over impact of Trump, Harris presidencies

Donald Trump winning the U.S. presidency next week would muddle the outlook for Chinese technology firms far more than a win for Kamala Harris, with executives saying his unpredictable style could lead as much to a reprieve for the sanction-hit industry as increased restrictions.

31/10 OpenAI adds new search function to ChatGPT

OpenAI on Thursday added a set of new search functions to its popular large language model ChatGPT, opting to integrate the feature into the chatbot instead of launching a separate product.

31/10 Google brings AI answers to map applications

Alphabet's Google on Thursday announced a set of features that incorporated Gemini, its artificial intelligence chatbot, into its suite of mapping applications.

31/10 SNAPSHOT Wall St opens lower after Meta, Microsoft cost warnings

Wall Street's main indexes opened lower on Thursday as warnings from Meta Platforms and Microsoft about rising AI costs sobered some of the buzz around megacap stocks, which have been the market's primary driver this year.

31/10 Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results

Big tech including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested.

30/10 Siemens to buy engineering software firm Altair for $10.6 bln

Siemens will buy Altair Engineering for $10.6 billion, the American engineering software firm said on Wednesday, as it seeks to strengthen its presence in the fast-growing industrial software market.

30/10 Microsoft beats quarterly estimates as AI fuels cloud business growth  

Microsoft beat Wall Street estimates for first-quarter revenue and profit on Wednesday as efforts to build data-center capacity and AI-driven demand boosted its cloud business.

30/10 Google's AI-fuelled gains in cloud bode well for Amazon, Microsoft

Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com , and signal that market for AI-aided computing power is only growing.

29/10 The rise and decline of Intel

Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence.

29/10 Breakingviews - Big Tech’s AI spending isn't crazy, in a vacuum

Microsoft , Meta Platforms and Alphabet will all report quarterly earnings this week. The main attraction for investors is their investment plans for artificial intelligence. All three companies are expected to ramp their spending by 40% or more this year, and each decision is defensible enough on its own. The problem is, the return expectations can be compounding.

29/10 Exclusive: OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition

OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to support its artificial intelligence systems, while adding AMD chips alongside Nvidia chips to meet its surging infrastructure demands, sources told Reuters.

29/10 Special Report: Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon

Intel had a sweet deal going with Taiwan’s TSMC, who would make chips that Intel designed but could not produce. And it was offering deep discounts to Intel, sources say.

29/10 Brazil institute sues social media giants for $525 mln over usage by minors

Brazil's Collective Defense Institute, a consumer rights group, has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok, Kwai and Meta Platforms for allegedly failing to create mechanisms to prevent indiscriminate use of these social media platforms by minors, according to initial petitions reviewed by Reuters.

28/10 JPMorgan sues customers over check fraud linked to glitch that went viral

JPMorgan Chase , the largest U.S. bank, has begun suing customers for check fraud, saying they improperly withdrew funds by taking illegal advantage of a temporary technical glitch that went viral on TikTok.

28/10 Microsoft's AI demand under scrutiny as investors seek payday

Microsoft is expected to report its slowest quarterly revenue growth in a year on Wednesday, while investors await signs of AI demand amid growing worries about the slow payoff from hefty investments in the technology.

28/10 Morning Bid: Oil and yen drop on MidEast restraint, Japan indecision

A look at the day ahead in U.S. and global markets from Mike Dolan

26/10 US nuclear regulator kicks off review on Three Mile Island restart

U.S. nuclear regulators kicked off a long-winding process to consider Constellation Energy's unprecedented plans to restart its retired Three Mile Island nuclear power plant in an initial public meeting held on Friday.

25/10 Thiel's Palantir dumped by Norwegian investor over work for Israel

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the U.S. data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

25/10 Nvidia overtakes Apple as world's most valuable company

Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.

25/10 Dollar droops with US yields, stocks mixed amid rates, election risks

The dollar was on the defensive on Friday following its biggest drop in a month against major peers, as it tracked a retreat in U.S. yields from nearly three-month highs after depressed Treasury prices drew buyers.

24/10 Tesla allays investor fears with crucial EV growth forecast, shares jump

Tesla's stock shot up nearly 12% in pre-market trade on Thursday, a day after it forecast surging car sales growth, reassuring investors that CEO Elon Musk was still looking to expand the company's core business of selling electric vehicles.

24/10 Software firm Dassault Systemes cuts 2024 revenue forecast on auto sector slowdown

French software company Dassault Systemes cut its 2024 revenue growth forecast for the second time in four months on Thursday, citing the slowdown in the global automotive industry.

23/10 Iranian hacker group focuses on US election websites, media, ahead of vote, Microsoft says

The report links the group, Cotton Sandstorm, to Iran's Islamic Revolutionary Guard Corps.

23/10 Nvidia's design flaw with Blackwell AI chips now fixed, CEO says

Nvidia CEO Jensen Huang said on Wednesday a design flaw with its latest Blackwell AI chips which impacted production has been fixed with the help of longtime Taiwanese manufacturing partner TSMC .

23/10 Caiman-eating jaguars survive fires in Brazil's Pantanal wetlands

They call him Bold and he is Brazil's most famous jaguar, seen on social media diving into rivers to capture a caiman and wrestle his prey ashore.

22/10 Anthropic releases AI to automate mouse clicks for coders

Anthropic, a startup backed by Alphabet and Amazon.com , released a pair of updated artificial intelligence models on Tuesday, along with a new capability to autonomously perform computer tasks and save users keystrokes.

22/10 Three Mile Island nuclear plant gears up for Big Tech reboot

Giant cooling towers at Constellation Energy's Three Mile Island nuclear plant in Pennsylvania have sat dormant for so long that grass has sprung up in the towers' hollowed-out bases and wildlife roam inside.

11/09 Microsoft hosts cybersecurity summit after global IT outage

Microsoft held a summit on Tuesday to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike caused a global IT outage in July.

11/09 Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows

Global tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google's parent Alphabet are falling behind, risking a return to pre-pandemic levels, a Brussels-based NGO said in a report.

10/09 Tech firm executives to testify before US Senate about election threats, Axios reports

Executives from major tech firms like Google , Adobe , Microsoft and Meta Platforms will testify next week at a U.S. Senate Intelligence Committee hearing on election threats, Axios reported on Tuesday, citing sources.

10/09 Oracle shares jump as AI push perks up cloud demand

Oracle shares rose more than 10% on Tuesday as a push to embed AI into its cloud service products boosted its first-quarter results and helped it narrow the gap with market leaders.

09/09 US proposes requiring reporting for advanced AI, cloud providers

The U.S. Commerce Department said Monday it is proposing to require detailed reporting requirements for advanced artificial intelligence developers and cloud computing providers to ensure the technologies are safe and can withstand cyberattacks.

06/09 Brokerages lift S&P 500 target on hopes of Fed rate cut

Brokerages have raised their year-end targets for U.S. stocks benchmark S&P 500 amid rising expectations for the Federal Reserve to start cutting interest rates at the Sept. 17-18 meeting.

06/09 TikTok turns to Supreme Court vets in case over potential US ban

TikTok and a group of creators on the popular short video app have tapped a pair of leading U.S. Supreme Court lawyers to battle the U.S. government over a law requiring China-based ByteDance to divest TikTok's U.S. assets or face a ban.

05/09 Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

Chipmaker Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment.

05/09 OpenAI hits more than 1 million paid business users

OpenAI said on Thursday it has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, as the AI firm's chatbot continues to see strong adoption owing to its advanced large language model.

05/09 US calls on Big Tech to help evade online censors in Russia, Iran

The White House, aiming to persuade U.S. tech giants to offer more digital bandwidth for government-funded internet censorship evasion tools, held a meeting with representatives of Amazon.com , Alphabet's Google , Microsoft , Cloudflare and others on Thursday.

05/09 Ilya Sutskever on how AI will change and his new startup Safe Superintelligence

Ilya Sutskever, OpenAI's former chief scientist, has launched a new company called Safe Superintelligence (SSI), aiming to develop safe artificial intelligence systems that far surpass human capabilities.

05/09 Breakingviews - Blackstone $16 bln AI deal borrows from SPAC boom

How does a buyer avoid paying a huge multiple for a fast-growing company in a hot sector? A group led by Blackstone appears to have managed to do so with its agreed A$24 billion ($16.1 billion) offer on Wednesday to purchase Australia-based AirTrunk, which operates data centres for artificial intelligence developers like Microsoft and Amazon . The achievement requires borrowing some data-massaging

04/09 Exclusive: OpenAI co-founder Sutskever's new safety-focused AI startup SSI raises $1 billion

Safe Superintelligence, newly co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in cash to help develop safe artificial intelligence systems that far surpass human capabilities, company executives told Reuters.

04/09 US safety commissioners call for investigation into Shein, Temu

Two leaders of the U.S. Consumer Products Safety Commission are calling for the agency to investigate e-commerce retailers Shein and Temu after "deadly baby and toddler products" were sold on both websites, according to a letter posted on the U.S. CPSC website on Tuesday.

04/09 Salesforce to acquire AI voice agent firm Tenyx, joining AI talent race

Enterprise cloud firm Salesforce on Tuesday said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions.

03/09 Morning Bid: Labor Day to labor report as Sept kicks off

A look at the day ahead in U.S. and global markets from Mike Dolan

02/09 Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain

Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that would make the stocks particularly vulnerable during a market correction.

02/09 Safran buys AI firm Preligens for 220 million euros

French jet engine maker Safran said on Monday it had struck a deal to buy AI firm Preligens for 220 million euros ($243.3 million).