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Technology
Sony lifts outlook after record quarterly profit, music and sensor units shine
TOKYO, Feb 5 (Reuters) - Japan's Sony on Thursday raised its full-year outlook after reporting record quarterly operating profit, boosted by gains for its image sensor and music divisions as well as a weak yen, even as PlayStation 5 sales slid.
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Technology
Qualcomm, Arm bear brunt of memory shortage as smartphone chip sales disappoint
Feb 5 (Reuters) - Memory shortages will constrain sales of cell phones for some time, hurting demand for chip industry companies like supplier Qualcomm and chip architecture designer Arm Holdings, executives and analysts said on Wednesday as both companies reported results that disappointed investors.
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AI
Chinese AI firms defend safety practices, push back on Western criticism
Chinese developers stress cultural context in AI safety, as domestic models narrow the gap with their US rivals to the closest level yet.
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Technology
Instagram recovers after brief outage disrupts US users
Feb 4 (Reuters) - Meta Platforms' Instagram rebounded after a brief outage affected more than 10,000 users in the U.S. on Wednesday, according to outage-tracking website Downdetector.com. There were 10,108 incidents of people reporting issues with the social media platform, as of 8.30 p.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sources.
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Technology
TSMC CEO flags 3-nanometre chip production in Japan, investment reported at $17 billion
TOKYO/TAIPEI, Feb 5 (Reuters) - TSMC plans to mass produce advanced 3-nanometre chips in Kumamoto in southern Japan, TSMC CEO C.C. Wei said on Thursday, an investment local media reported was worth $17 billion as the Taiwanese firm seeks to meet soaring demand for AI chips.
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Technology
Jeff Bezos's Washington Post guts staff, shrinks news coverage
Feb 4 (Reuters) - The Washington Post, owned by Amazon.com founder Jeff Bezos, began widespread layoffs on Wednesday that will drastically shrink the size of the storied newspaper and affect all departments, according to a recording of a company-wide call shared with Reuters.
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Technology
Verizon Wireless sues T-Mobile, alleges false advertising
NEW YORK, Feb 4 (Reuters) - Verizon Wireless sued T-Mobile on Wednesday, accusing its largest rival of false advertising and causing irreparable harm by promising consumers more than $1,000 of annual savings if they switch cellphone carriers.
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Technology
Illinois man admits to hacking Snapchat accounts to steal nude photos
BOSTON, Feb 4 (Reuters) - An Illinois man pleaded guilty on Wednesday to phishing the Snapchat access codes of nearly 600 women in order to hack their accounts and steal nude photos, which he kept, sold or traded on the internet.
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Technology
Snap reports upbeat revenue as holiday season fuels ad sales
Feb 4 (Reuters) - Snap beat Wall Street estimates for fourth-quarter revenue, as more advertisers turned to the social media platform during the holiday season, sending its shares up over 2% in extended trading.
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Technology
Arm Holdings shares fall as licensing sales miss estimates
Feb 4 (Reuters) - Shares of Arm Holdings fell on Wednesday as its licensing revenues fell short of Wall Street estimates, despite a push by the company to boost the segment with new chip technology designs.
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Technology
Alphabet says capital spending in 2026 could double, cloud business booms
Feb 4 (Reuters) - Alphabet said on Wednesday that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the Google parent as it deepens investments to allay constraints on compute capacity and push ahead in the AI race.
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Technology
Dip-buyers go missing as software selloff slams stocks
NEW YORK, Feb 4 (Reuters) - The software sector's deepening selloff on Wednesday failed to lure bargain hunters, with the dip-buying reflex that has rescued countless tech routs conspicuously absent.
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Technology
Roblox launches AI tech that generates functioning models with natural language
Feb 4 (Reuters) - Roblox launched an artificial intelligence technology on Wednesday that can generate fully functioning in-game models using natural language prompts, as the company aggressively pursues machine learning to attract more developers to its videogame platform.
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Technology
Nvidia-rival Cerebras Systems valued at $23.1 billion in latest financing
Feb 4 (Reuters) - AI chipmaker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion, nearly tripling its valuation just over four months after its previous financing.
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Technology
Selloff wipes out nearly $1 trillion from software and services stocks as investors debate AI's existential threat
Feb 4 (Reuters) - Investors were assessing on Wednesday whether a selloff in global software stocks this week had gone too far, as they weighed if businesses could survive an existential threat posed by artificial intelligence.
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Technology
Exclusive-Amazon plans to use AI to speed up TV and film production
LOS ANGELES, Feb 4 (Reuters) - Amazon plans to use artificial intelligence to speed up the process for making movies and TV shows even as Hollywood fears that AI will cut jobs and permanently reshape the industry.
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Technology
ElevenLabs secures $11 billion valuation in latest funding round
Feb 4 (Reuters) - AI voice generation firm ElevenLabs said on Wednesday it had secured an $11 billion valuation after raising $500 million in its latest funding round, signaling strong investor enthusiasm for the startup's prospects.
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Technology
Texas Instruments strikes $7.5 billion deal for Silicon Labs to boost wireless footprint
Feb 4 (Reuters) - Texas Instruments on Wednesday agreed to buy chip designer Silicon Laboratories for about $7.5 billion, aiming to expand its presence in wireless connectivity chips used in industrial and consumer applications.
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Technology
TikTok extremely cooperative with EU's probe on Romania election, Commission spokesperson says
BRUSSELS, Feb 4 (Reuters) - Social media firm TikTok is "extremely cooperative" with the European Commission's ongoing investigation on potential interference in the 2024 Romanian elections, Commission spokesperson Thomas Regnier said on Wednesday.
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Technology
Exclusive-US Senators unveil bill to prevent scam ads on social media platforms
Feb 4 (Reuters) - U.S. Senators Ruben Gallego and Bernie Moreno have introduced anti-scam legislation requiring social media platforms to vet their advertisers.
