Latest
-
Technology
Klarna trims full-year revenue, volume outlook as German retail weakens
STOCKHOLM, Aug 18 (Reuters) - Klarna, the Swedish "buy now, pay later" services provider and online bank, cut its full-year volume and revenue forecast on Tuesday, citing conditions in Germany, its largest market, sending its shares down 17% in premarket trading.
-
Technology
Why states fought to present a united case against Meta over youth social media harms
Aug 18 (Reuters) - As opening statements get underway in a landmark trial over claims that Meta Platforms misled the public about the safety of Instagram and Facebook for young users and violated child privacy laws, one of the biggest fights in the case has already been resolved: whether a bipartisan group of U.S. states could present their claims together.
-
Technology
Analysis-Trump agencies to set crypto policy as bill stalls, limiting industry's gains
Aug 18 (Reuters) - As sweeping U.S. crypto legislation stalls, President Donald Trump's regulators are set to fill the void, but efforts to write favorable rules for the digital asset industry will be contentious and could be overturned by future administrations.
-
Technology
Meta rejects claims it sought to hook children to Facebook, Instagram as landmark trial begins
Aug 18 (Reuters) - Meta Platforms rejected accusations by U.S. states that it intentionally sought to addict children to its Facebook and Instagram platforms in pursuit of profit, at the start of a trial that could reshape some of the most popular apps on the planet.
-
Tablets
Huawei launches MatePad Air at RM3,999 with a 12in OLED screen
Huawei has finally launched its new MatePad Air tablet in Malaysia after a global unveiling last month.
-
Robotics
America wants to make its own humanoid robots. That won’t be easy
China already manufactures humanoid robots by the thousands. A new generation of US start-ups is betting that there is still time to compete.
-
AI
Sick of AI slop? So are tech giants
Spotify, LinkedIn and others are trying to dig out of a digital sewage heap full of low-quality content made with artificial intelligence.
-
Social media
Death of Irish teens in crash prompts social media warning
A car crash that claimed the lives of five teenagers in Ireland early Sunday (Aug 16) has raised police concerns about the role social media plays in dangerous driving incidents in the country.
-
Social media
Major Meta trial begins as lawyers spar over witnesses, damages
Facebook-parent Meta will defend itself in a landmark social media trial that begins on Aug 18 in California, where attorneys have sparred over witnesses and financial penalties.
-
AI
AI is starting to create jobs in the UK, Lloyds survey finds
Most British businesses say artificial intelligence has created new roles, according to a survey that suggests firms are moving beyond experimentation and starting to reshape hiring around the technology.
-
Internet
Google removed a customer’s ‘Lord of the Rings’ purchase. It still refused him a refund
Digital storefronts may call it a purchase, but customers can still lose access, and the law does not guarantee they will get their money back.
-
Social media
Meta stares down trillion-dollar threat as landmark social media trial begins
Meta Platforms Inc is headed to court on Aug 18 for a high-stakes showdown with a coalition of state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users.
-
AI
In this Costa Rican forest, monkeys come face-to-face with AI
CapuchinAI, a portable testing station equipped with a touch screen and facial recognition software, could help scientists study primate intelligence in the wild.
-
Social media
Mexico explores ways to regulate social media among children
Mexico is exploring ways to regulate the use of social media by children and adolescents, as countries such as Australia and Brazil have done, with government-led discussions on the harmful effects of platforms like Instagram and TikTok.
-
Internet
Discord halts livestreams in Brazil after watchdog cites child safety failures
Discord, the popular platform for gamers to communicate online, said on Aug 17 it suspended its livestreams in Brazil after criticism that it failed to protect children and adolescents.
-
AI
Alibaba launches AI music generation model HappyShrimp in beta
Alibaba Group Holding Ltd launched the beta version of an artificial intelligence music-generation model that can turn a single text prompt into a fully produced song, expanding the Chinese technology giant's push into generative AI.
-
Technology
Anthropic revenue run rate tops $65 billion, source says
Aug 17 (Reuters) - Anthropic's annual revenue run rate topped $65 billion by the end of July, a person familiar with the matter said on Monday, underscoring the Claude creator's rapid growth ahead of a potential public listing later this year.
-
Technology
Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports
Aug 17 (Reuters) - Tesla has told employees it is gearing up for a public launch of Cybercab, starting with a rollout in Austin, Texas, as soon as this month, the Information reported on Monday, citing people with knowledge of the plans.
-
Technology
Google to buy Spirit Airlines business data for $10 million
NEW YORK, Aug 17 (Reuters) - Alphabet's Google is acquiring internal business data from bankrupt Spirit Airlines for $10 million, saying it plans to use the data for product development and training its AI models.
-
Technology
Wispr Flow valued at $2 billion on investor demand for AI voice-to-text startups
Aug 17 (Reuters) - AI startup Wispr Flow has nearly tripled its valuation to $2 billion in nine months, underscoring investor enthusiasm for voice tools that let users work and write hands-free.
