Today: May 19, 2024
Today: May 19, 2024

Technology

Chinese retailer JD.com's low price strategy helps revenue beat expectations

By Akash Sriram and Casey Hall (Reuters) -Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales

Chinese retailer JD.com's low price strategy helps revenue beat expectations

US SEC updates customer data hacking rules for Wall Street

Wall Street's top regulator on Thursday said it had updated rules to ensure investment companies and others work to detect and respond to hackers' theft of customer data.

US SEC updates customer data hacking rules for Wall Street

West, Russia manage limited cooperation in Arctic despite chill in ties

When Arctic nations simulated a large oil spill for a virtual training exercise in March off northern Norway, Russia also took part - a rare sign

West, Russia manage limited cooperation in Arctic despite chill in ties

Ant Group profit down 19% to 7.87 billion yuan

China's Ant Group posted a 19% fall in net profit of 7.87 billion yuan ($1.09 billion) in the three months to Dec. 31, according to Reuters calculations based on Alibaba Group

Ant Group profit down 19% to 7.87 billion yuan

Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes

Jeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November to meet with his U.S. Senator Steve Daines. 

Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes

Cisco rises as networking equipment demand rebound takes root

Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $

Cisco rises as networking equipment demand rebound takes root

Meta faces EU investigation over child safety risks

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms' social media sites Facebook and Instagram will be investigated for potential breaches of EU online content rules relating to child safety, EU

Meta faces EU investigation over child safety risks

Hedge fund Coatue scraps its Apple stake in Q1, while Viking built its position

Hedge fund Coatue Management dissolved its stake in Apple Inc in the first quarter while Viking Global Investors built a sizeable new position, securities

Hedge fund Coatue scraps its Apple stake in Q1, while Viking built its position

Webb telescope uncovers merger of two massive black holes from early universe

The Webb Space Telescope has discovered the earliest known merger of black holes

Webb telescope uncovers merger of two massive black holes from early universe

Israel Aerospace sees interest in Arrow system that repelled Iran's missiles

Israel's Arrow defense systems helped thwart Iran's massive missile and drone attack last month, and a number of countries are now interested in purchasing the

Israel Aerospace sees interest in Arrow system that repelled Iran's missiles

Toyota tests new EV pickup truck ahead of mass production in Thailand

Toyota Motor is testing the new battery-electric Hilux pickup truck to assess its performance in different conditions as the car maker prepares to manufacture

Toyota tests new EV pickup truck ahead of mass production in Thailand

White House moves to protect US solar manufacturers from Chinese competition

The White House on Thursday said it would protect domestic solar factories from Chinese competition by scrapping a tariff exemption for imported double-sided panels and

White House moves to protect US solar manufacturers from Chinese competition

Digitalisation of banking creates new risks, says global watchdog

The digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate,

Digitalisation of banking creates new risks, says global watchdog

Fewer people in the US plan to buy EVs this year, study shows

The number of buyers in the U.S. considering an electric vehicle purchase in 2024 has fallen from a year ago due to a shortage of affordable cars, inadequate charging infrastructure and

Fewer people in the US plan to buy EVs this year, study shows

SVB Financial to sell VC business SVB Capital

(Reuters) -Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital.

SVB Financial to sell VC business SVB Capital

Microsoft asks some China staff to relocate amid Sino-US tensions

(Reuters) -Microsoft is asking some of its China-based staff to consider transferring outside the country, the company said on Thursday, as Sino-U.S. relations strain amid a race for cutting-edge

Microsoft asks some China staff to relocate amid Sino-US tensions

Paramount shares fall after CNBC reports Sony rethinking its bid

(Reuters) -Shares of Paramount Global fell more than 7% on Tuesday after CNBC reported, citing sources, that Sony Pictures is rethinking its bid for the U.S. media company.

Paramount shares fall after CNBC reports Sony rethinking its bid

Tesla must face vehicle owners' lawsuit over self-driving claims

A U.S. judge on Wednesday rejected Tesla's bid to dismiss a lawsuit accusing Elon Musk's electric car company of misleading owners into believing that their vehicles

Tesla must face vehicle owners' lawsuit over self-driving claims

IBM to add 800 AI-related jobs in Ireland

IBM plans to hire up to 800 more people in Ireland to help build advanced software underpinned by AI technology, the biggest job announcement in the country's multinational sector

IBM to add 800 AI-related jobs in Ireland

Meta restores Facebook posts by Malaysian media on PM Anwar's meeting with Hamas

Meta Platforms has restored Facebook posts by Malaysian media covering Prime Minister Anwar Ibrahim's meeting this week with a Hamas leader, saying they were

Meta restores Facebook posts by Malaysian media on PM Anwar's meeting with Hamas

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

(This May 16 story has been refiled to amend quotes to clarify that SoftBank was referring to workers and customers in general, not necessarily its own, in paragraphs 3 and 4) TOKYO (Reuters) -

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

China's Nio aims to launch one new car model per year under Onvo brand

SHANGHAI (Reuters) -Chinese electric vehicle maker Nio said on Thursday it would launch one new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the

China's Nio aims to launch one new car model per year under Onvo brand

Temu targeted in EU consumer group's complaint to EU tech regulator

By Foo Yun Chee BRUSSELS (Reuters) -Chinese fast-fashion e-commerce retailer Temu was hit with a European Union complaint on Thursday over a potential breach of online content rules by the PDD Group-

Temu targeted in EU consumer group's complaint to EU tech regulator

Swedish court rejects Tesla appeal in licence plate case

A Swedish appeals court upheld on Thursday a dismissal of Tesla's lawsuit against Sweden's Transport Agency in a conflict over licence plates, part of a wider dispute between the U.S.

Swedish court rejects Tesla appeal in licence plate case

Recently delisted Toshiba to cut 4,000 jobs in restructuring drive

By Sam Nussey TOKYO (Reuters) -Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership.

Recently delisted Toshiba to cut 4,000 jobs in restructuring drive
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