Latest
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Technology
Crypto shares climb after Treasury's doubled buybacks boost risk assets
Aug 20 (Reuters) - Cryptocurrency-related stocks surged on Thursday, a day after the U.S. Treasury Department said it would support more long-duration bonds, boosting risk assets, and as U.S. President Donald Trump urged Congress to pass legislation establishing clear rules for digital assets.
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Technology
France fines Boohoo €2.3 million over deceptive discounts on website
PARIS, Aug 20 (Reuters) - France's consumer watchdog fined British fast-fashion retailer Boohoo €2.3 million ($2.7 million) for deceptive practices such as fake discounts on its website, it said on Thursday.
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Technology
Gains in AI company stakes juice second-quarter earnings for S&P 500
NEW YORK, Aug 20 (Reuters) - S&P 500 companies are winding up a banner quarterly earnings season, fueled in large part by surging profits at AI-related companies.
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AI
Anthropic’s new AI watermark sparks backlash from Claude subscribers
The feature is designed to comply with updated European transparency requirements. But some users fear it will flag even lightly edited AI-assisted text like a modern-day 'scarlet letter.'
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Technology
Australia passes law to levy tech giants that fail to pay for local news
SYDNEY, Aug 20 (Reuters) - Australia passed legislation on Thursday that will force tech giants to pay millions of dollars in levies if they fail to strike commercial deals with local media outlets for news on their platforms.
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Cybersecurity
Amazon’s new order confirmation emails seen boosting phishing risk
When Dan Landau ordered a portable photo printer from Amazon.com Inc, he expected the confirmation email to tell him what was on its way.
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Robotics
Unitree founder sees robots reaching ‘mass market’ within decade
Humanoid robots will reach "mass market" popularity within a decade, after manufacturers solve problems that hold back their current usefulness, the founder of China's Unitree Robotics said.
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Cybersecurity
OpenAI to enhance safety processes for paid tool customers
OpenAI said it will enhance safety processes for paying users who have access to its most advanced artificial intelligence models.
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Cybersecurity
Fahmi: Telcos must explain alleged mass registration of phone lines by today
Telecommunications companies (telcos) must provide an immediate explanation over claims that a large number of telephone lines have been registered under individual identities and could be misused for online scams, Communications Minister Datuk Seri Fahmi Fadzil said.
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Technology
SK Hynix workers to get 60% of this year's bonuses in stock rather than all cash
SEOUL, Aug 20 (Reuters) - Chipmaker SK Hynix said on Thursday it has reached a tentative wage deal with its South Korean workers that will see them receive at least 60% of this year's bonuses in company stock rather than the all-cash payout they received last year.
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AI
A real-life Terminator: AI store manager fires human employee
Luna, the AI-powered boss of an innovative San Francisco boutique, made history when she dismissed a chronically tardy worker – but only after a little prompting from her creators.
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Gadgets
Apple’s camera-equipped AI AirPods remain on track for 2027 despite video leak
An Apple Inc effort to sell camera-equipped AirPods remains on track for 2027, despite a leak from the company indicating that the product might arrive sooner.
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Technology
Samsung Electroncis to announce more than $72 billion shareholder return programme, media reports
SEOUL, Aug 20 (Reuters) - Samsung Electronics is set to announce a new shareholder return policy later this month worth more than 100 trillion won ($71.75 billion), media reported on Thursday, as the company plans to share record profits with shareholders amid an AI-driven chip supercycle.
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Social media
Witness: Some of Meta's safety tools were 'designed to fail'
A former employee testified on Aug 19 that some of Meta's safety tools for Facebook and Instagram were "designed to fail," contradicting the company's defence strategy in a landmark trial in California.
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AI
Young Americans become more hostile to AI, fearing job losses
The youngest members of the US workforce are increasingly sceptical about artificial intelligence, fearful that advances in the technology will lead to widespread job losses.
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Robotics
From robot dogs to helpers, China puts robotics ambitions on display at world conference
China kicked off the 2026 World Robot Conference on Aug 19, with companies showcasing the country's expanding robotics industry.
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Video games
PlayStation reboots ‘Horizon Hunters Gathering’ as live-service strategy struggles
Sony Group Corp's PlayStation division is overhauling Horizon Hunters Gathering, the online action game it announced earlier this year, following negative player feedback.
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AI
OpenAI says ads coming to ChatGPT in Europe
European users of ChatGPT's free and low-cost artificial intelligence agents will start seeing ads from Aug 24, as its builder OpenAI expands a plan for extracting more revenue from its models.
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Technology
Uber launches autonomous rides in Zagreb, its first in Europe
Aug 19 (Reuters) - Uber, Verne and Pony.ai said on Wednesday they had launched autonomous rides in Zagreb, making the Croatian capital the first European city where users can book a self-driving vehicle through Uber's app.
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Technology
US CFTC seeks comment on compute derivatives as AI demand grows
Aug 19 (Reuters) - The U.S. Commodity Futures Trading Commission said on Wednesday it was seeking public comment on compute derivatives contracts, as the AI boom drives demand for new market products tied to computing power.
