Latest
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Technology
Meta begins construction of $10 billion Indiana data center to boost AI capabilities
Feb 11 (Reuters) - Meta said on Wednesday it was breaking ground on a $10 billion data center in Indiana, as it races to secure the massive amounts of computing power needed to support its artificial intelligence ambitions.
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Technology
UK Supreme Court ruling on patents and AI is boost for innovation, lawyers say
LONDON, Feb 11 (Reuters) - An artificial neural network, a type of artificial intelligence which can engage in machine learning, can be patented, the United Kingdom's Supreme Court ruled on Wednesday in a decision welcomed by lawyers as a boost for patenting AI innovations.
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Technology
Wingtech says it will 'exhaust all legal means' to restore Nexperia control
BEIJING, Feb 11 (Reuters) - Chipmaker Nexperia's Chinese owner Wingtech on Wednesday said it would continue to "exhaust all legal means to restore the company's full control over Nexperia," according to a filing to the Shanghai stock exchange.
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Technology
Humanoid startup Apptronik raises $520 million with backing from Google and Mercedes-Benz
Feb 11 (Reuters) - Humanoid robotics startup Apptronik raised $520 million in a funding round backed by investors including Google and Mercedes-Benz, the company said on Wednesday, as it seeks to commercialize its robots for industrial use.
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Technology
Brazilian fintech Agibank raises $240 million in scaled-back US IPO
SAO PAULO, Feb 11 (Reuters) - Agibank said on Wednesday it had raised $240 million in its New York initial public offering, the second Brazilian fintech to tap U.S. capital markets in recent weeks.
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Technology
GlobalFoundries expects strong quarterly revenue on chips demand from data centers
Feb 11 (Reuters) - GlobalFoundries forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and announced a $500 million share buyback program, sending its shares up over 7% in premarket trading.
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Technology
T-Mobile boosts 2027 outlook on strong premium plan uptake
Feb 11 (Reuters) - T-Mobile raised its forecast for 2027 service revenue and adjusted free cash flow, encouraged by rising demand for its broadband offerings and premium 5G mobile plans that include streaming perks.
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Technology
Shopify issues upbeat quarterly forecasts, $2 billion stock buyback plan
Feb 11 (Reuters) - Canada's Shopify forecast quarterly revenue well above Wall Street expectations on Wednesday, as the e-commerce platform benefits from increased focus on artificial intelligence, and resilient consumer spending despite tariff woes and rising prices.
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Technology
Activist investor Ancora to oppose Netflix-Warner Bros deal, backs Paramount bid
Feb 11 (Reuters) - Activist investor Ancora Holdings has built a stake in Warner Bros Discovery and plans to oppose the media company's deal with Netflix for its studios and streaming assets, in the latest twist to the heated Hollywood takeover battle.
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Technology
Dutch court orders investigation into Nexperia, upholds previous decisions including Chinese CEO suspension
AMSTERDAM, Feb 11 (Reuters) - A Dutch court on Wednesday ordered an investigation into mismanagement at chipmaker Nexperia BV and upheld an October decision to suspend former CEO Zhang Xuezheng, the founder of Nexperia's Chinese parent Wingtech, saying the company needs stability.
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Technology
Instagram chief defends youth mental health decisions at trial
LOS ANGELES, Feb 11 (Reuters) - The top executive at Meta Platforms' Instagram defended the social media platform's choices around features that some company insiders called harmful to young users, at a trial on claims the app helped fuel a youth mental-health crisis.
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Technology
Amazon Pharmacy to expand same-day delivery to about 4,500 US cities and towns
Feb 11 (Reuters) - Amazon's pharmacy business will expand its same-day delivery prescription service to about 4,500 cities and towns in the U.S. by the end of this year, adding nearly 2,000 new communities to the network.
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Technology
Analysis-Software selloff is disrupting some M&A and IPO deals, US bankers say
NEW YORK, (Reuters) Feb 11 - A broad selloff in software stocks is starting to stall deal-making and IPOs in the sector as volatility makes valuations unreliable and potential buyers cautious, about a dozen financial advisers and dealmakers told Reuters.
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Technology
Kremlin says curbs on Telegram app are a result of its non-compliance with the law
MOSCOW, Feb 11 (Reuters) - The Kremlin said on Wednesday that the Telegram messenger app had to comply with Russian law and that the state communications regulator was obliged to act if Telegram did not respond to its requests.
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Technology
CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus
SEOUL, Feb 11 (Reuters) - Robert Playter, chief executive of Hyundai Motor Group's robot affiliate Boston Dynamics is stepping down, the Waltham, Massachusetts-based company said on its X account.
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Video games
‘Clash Royale’ maker says video-game publishers are ‘coasting’
Finnish video-game maker Supercell plans to double its spending on new-product development for the second straight year, with its chief executive officer saying the slow-growing industry needs to innovate more.
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Technology
Eutelsat secures 1 billion euros financing for Oneweb Satellite Procurement
Feb 11 (Reuters) - Eutelsat has secured about 1 billion euros ($1.2 billion) in export credit financing to fund the procurement of low Earth orbit satellites for its OneWeb constellation, it said on Wednesday.
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Technology
Submarine maker TKMS hits record $22 billion order backlog, raises sales outlook
FRANKFURT, Feb 11 (Reuters) - TKMS hit a fresh $22 billion high in order backlog and raised its sales outlook, the German submarine maker said on Wednesday, citing a boost in demand for warships at a time of rising geopolitical tensions.
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AI
Microsoft warns of dangerous 'shadow AI'
Microsoft has issued a strong warning about the uncontrolled use of autonomous software assistants using artificial intelligence (AI) ahead of the upcoming Munich Security Conference.
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Technology
Dassault Systemes posts full-year revenue growth as clients shift to cloud software
Feb 11 - French software maker Dassault Systèmes reported full-year 2025 revenue of 6.24 billion euros ($7.44 billion), up 4% at constant currency, with recurring revenue growing 6%, driven by an 11% jump in subscriptions as more clients turn to cloud-based services.
