Latest
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Technology
EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
BRUSSELS, March 24 (Reuters) - EU antitrust chief Teresa Ribera, who has voiced concerns about Big Tech extending its dominance into artificial intelligence, will meet the CEOs of Alphabet, Meta Platforms and OpenAI on Tuesday, a European Commission agenda item shows.
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Technology
OpenAI's nonprofit arm names leaders, plans to spend at least $1 billion over next year
March 24 (Reuters) - OpenAI on Tuesday announced key leadership appointments for its nonprofit arm and committed to investing at least $1 billion through the division over the next year in AI-related projects following a major restructuring at the ChatGPT-maker.
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Technology
Microsoft president says building data centres requires trust of US communities
HOUSTON, March 24 (Reuters) - Gaining the approval of local communities has become paramount to building data centers in the U.S., Microsoft President Brad Smith said on Tuesday, as towns across the country increasingly protest the developments.
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Technology
Britain's FCA defends Palantir contract award before lawmakers
LONDON, March 24 (Reuters) - U.S. data analytics firm Palantir, which won a contract to supply AI systems to Britain's Financial Conduct Authority, will not have access to regulatory intelligence, an FCA official said on Tuesday, as the deal came under criticism from lawmakers.
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Technology
Apple to bring paid ads to maps to US, Canada this summer
SAN FRANCISCO, March 24 (Reuters) - Apple on Tuesday said it plans to introduce paid ads to its maps service in the U.S. and Canada this summer, marking its entry into a business long dominated by Alphabet's Google.
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Technology
Epic Games to cut more than 1,000 jobs as 'Fortnite' usage falls
March 24 (Reuters) - Epic Games will cut more than 1,000 jobs following a drop in engagement for "Fortnite", the latest layoffs in the video game industry where growth has stalled due to economic uncertainty.
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Technology
NYSE teams up with Securitize to develop tokenized securities platform
March 24 (Reuters) - The New York Stock Exchange, part of Intercontinental Exchange, announced a collaboration on Tuesday with digital asset company Securitize to help create tokenized versions of traditional financial securities.
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Technology
Norway wealth fund moves towards some AI-driven decisions but with humans in control
OSLO, March 24 (Reuters) - Norway's $2.1 trillion sovereign wealth fund, the world's largest, will eventually allow some investment decisions to be made by AI systems under human supervision, but not yet, as the tools still make errors, fund officials said on Tuesday.
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Technology
BMO to launch tokenized cash platform with CME and Google Cloud
March 24 (Reuters) - Bank of Montreal said on Tuesday it plans to roll out tokenized cash capabilities in collaboration with CME Group and Google Cloud, as it seeks to meet rising demand for real‑time payments amid a global shift toward around‑the‑clock trading.
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Technology
SK Hynix may raise up to $10 billion from US listing, Korea Economic Daily says
SEOUL, March 24 (Reuters) - South Korea's SK Hynix is considering raising 10 trillion to 15 trillion won ($10.03 billion) through a potential U.S. listing, aiming to expand production capacity for advanced memory chips, the Korea Economic Daily reported.
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Technology
Samsung Electronics, union to resume talks over bonus, union says
SEOUL, March 24 (Reuters) - Samsung Electronics' management and its South Korean workers' union have agreed to resume talks on bonuses, the union said in a statement on Tuesday.
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Social media
Russia thwarts protests over the blocking of a popular messaging app, but frustration persists
In one Russian city, officials blocked a rally due to a "tree inspection." Elsewhere, they blamed snow removal problems or still-existing COVID-19 restrictions. And in one location, administrators argued that the reason for the protest didn't exist.
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Smartwatch
Report: Running app reveals location of France aircraft carrier in Mediterranean
A member of the French navy using an app to track his jogging performance broadcast the exact position of his country's flagship aircraft carrier, a newspaper has reported.
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Social media
ADHD and autism ‘misrepresented’ on social media, study finds
Inaccurate social media posts about attention deficit hyperactivity disorder (ADHD) and autism have been linked to a rise in young people believing they have neurodevelopmental conditions, an expert has said after a new study highlighted the levels of misinformation online.
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Video games
PEGI chief: No 'silver bullet' for video game age restrictions
The head of Europe's video game rating system, PEGI, has warned against supposed "silver bullet" child protection solutions such as age verification, in an interview with AFP.
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Technology
Oracle reworks its finance, procurement apps for AI agents
SAN FRANCISCO, March 23 (Reuters) - Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of having humans ask the system business questions and letting AI figure out how to find the data.
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Video games
A major gaming service went dark at the worst time
The PlayStation Network suffered a widespread outage over the weekend, leaving many players unable to access games and online features. The issue affected users around the world and prevented millions of users from playing games they paid for.
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Technology
Broadcom flags supply constraints, says TSMC capacity a bottleneck
TAIPEI, March 24 (Reuters) - Chip designer Broadcom says it is seeing supply chain constraints across the technology sector, including capacity limits at its manufacturing partner TSMC, as soaring demand for AI chips strains production.
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Video games
Meta to keep VR version of Horizon Worlds, support existing games
Meta is not going to shut down loss-making virtual 3D world Horizon Worlds after all, thanks to the enthusiasm of dedicated fans.
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Technology
Exclusive-Amazon says AWS's Bahrain region 'disrupted' following drone activity
SAN FRANCISCO, March 23 (Reuters) - Amazon said its Amazon Web Services region in Bahrain has "been disrupted" amid the current conflict in the Middle East.
