Latest
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Technology
SAP shares hit 17-month low as AI-driven selloff burns $130 billion
MILAN, Jan 21 (Reuters) - Shares in Germany's SAP extended a months-long downtrend on Wednesday, falling to their lowest since August 2024 and bringing the loss in market value since last year's record high to around $130 billion.
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Technology
Intel results to spotlight turnaround efforts as AI data centers boost chip demand
Jan 21 (Reuters) - Intel shareholders are optimistic about the company's results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root and that rapid data center build outs were fueling strong demand for its traditional server chips.
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Technology
Brazil central bank liquidates Banco Master's Will as Mastercard suspends cards
SAO PAULO/BRASILIA, Jan 21 (Reuters) - Brazil's central bank ordered on Wednesday the liquidation of Will Financeira SA, a unit of troubled lender Banco Master, in the latest drastic step involving illiquid institutions tied to the conglomerate.
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Technology
Netflix co-CEOs go on defensive over $83 billion Warner Bros deal
Jan 21 (Reuters) - Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot.
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Technology
Exclusive-Meta's new AI team delivered first key models internally this month, CTO says
DAVOS, Switzerland, Jan 21 (Reuters) - Meta Platforms' new artificial intelligence lab has delivered its first high-profile AI models internally this month, the company's chief technology officer said on Wednesday.
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Technology
Taiwan's GlobalWafers preparing for phase two expansion at Texas plant
HSINCHU, Taiwan, Jan 21 (Reuters) - Taiwanese silicon wafer manufacturer GlobalWafers is preparing for the phase two expansion of its plant in the U.S. state of Texas, subject to customer commitments, Chairperson Doris Hsu told reporters on Wednesday.
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Technology
European telcos to get unlimited radio spectrum under EU draft law
BRUSSELS, Jan 21 (Reuters) - Europe's telecoms operators will get a major boost under a European Commission proposal announced on Wednesday, allowing them to use radio spectrum for an unlimited duration, but their demand that Big Tech be required to help fund the cost of rolling out broadband went unheeded.
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Technology
OpenAI seeks to increase global AI use in everyday life
SAN FRANCISCO, Jan 21 - OpenAI is expanding its efforts to convince global governments to build more data centers and encourage greater usage of artificial intelligence in areas such as education, health and disaster preparedness.
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Social media
Elon Musk and Ryanair keep escalating an online war of words
The online brawl between Elon Musk and Ryanair Holdings Plc dragged into a second week, with the world's richest man again floating the idea of buying the airline after clashing with its chief executive officer.
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Technology
Netflix shares drop 7% in Europe after Q4 results
(Refiles to correct media identifier, with no changes to story)
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Technology
France's Atos flags steep revenue decline for 2025
Jan 21 (Reuters) - French IT group Atos said on Wednesday it expected to report a sharp drop in annual revenue, in line with its own guidance, as contract losses persisted through the quarter that ended on December 31.
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Video games
David Rosen, 95, dies; video game visionary and co-founder of Sega
As co-founder of Sega Enterprises, David Rosen played a leading role in turning video games into a cultural touchstone.
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Technology
Gates and OpenAI team up for AI health push in African countries
DAVOS, Switzerland, Jan 21 (Reuters) - The Gates Foundation and OpenAI are setting up a $50 million partnership to help several African countries use artificial intelligence to improve their health systems and mitigate the impact of international aid cuts, Bill Gates said on Wednesday.
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AI
AI agents ‘perilous’ for secure apps such as Signal, Whittaker says
Artificial intelligence agents that autonomously carry out tasks pose a threat to secure apps such as Signal, according to Meredith Whittaker, president of the Signal Foundation.
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Technology
L’Oréal to invest $383 million in Indian beauty tech hub
(Corrects spelling of L'Oréal in headline and text)
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Technology
OpenAI to start offering chatbot ads to advertisers, The Information reports
Jan 21 (Reuters) - OpenAI has started offering its new chatbot ads to dozens of advertisers, The Information reported on Tuesday, citing people familiar with the matter.
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AI
DeepSeek technique to improve AI’s ability to ‘read’ long texts questioned by new research
AI models face a critical limitation known as the long-context bottleneck, which restricts their ability to process lengthy documents.
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Technology
Philippines to restore access to Grok after developer commits to safety fixes
MANILA, Jan 21 (Reuters) - The Philippines will restore access to Elon Musk's AI chatbot Grok following commitments from its developer to remove image-manipulation tools that previously raised child safety concerns, its cybercrime investigation unit said on Wednesday.
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Technology
OpenAI to unveil chatbot ads to its advertisers, The Information reports
Jan 20 (Reuters) - OpenAI plans to unveil its chatbot ads in February to dozens of its advertisers, The Information reported on Tuesday, citing people familiar with the matter.
