Latest
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Technology
Texas grid flags risks as data centers, crypto sites fail voltage tests
June 5 (Reuters) - Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.
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Technology
Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs
LONDON, June 5 (Reuters) - Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new listings such as SpaceX lure away capital from the world's largest cryptocurrency.
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Technology
Greece to tax gains from crypto, sources say
ATHENS, June 5 - Greece is preparing legislation to impose a 15% capital gains tax on cryptocurrencies, two government officials with knowledge of the issue told Reuters on Friday.
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Technology
Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports
June 5 (Reuters) - Morgan Stanley is projecting that SpaceX's revenue could reach $3.4 trillion in 2040, the Wall Street Journal reported on Friday, citing people familiar with the matter.
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Technology
ASML CEO says EU Commission should not try to direct 'strategic projects'
AMSTERDAM, June 5 (Reuters) - The CEO of top European tech firm ASML on Friday welcomed most proposals made by the EU Commission this week to improve Europe's tech sovereignty but cautioned against plans for its involvement in steering or monitoring "strategic projects" eligible for state aid.
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Technology
California to decide soon whether it will seek to block Paramount deal
June 5 (Reuters) - California Attorney General Rob Bonta will soon decide whether to sue to block Paramount's $110 billion acquisition of Warner Bros, he told Reuters in an interview, adding that in general he views any corporate promises to address antitrust concerns as better when backed up by potential divestitures.
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Technology
Blacklisted AI company Anthropic, White House ease tensions ahead of IPO, sources say
June 5 (Reuters) - A months-long dispute between Trump administration officials and AI firm Anthropic is showing signs of easing across parts of the U.S. government as the company prepares to go public, according to sources familiar with the relationship.
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AI
UK MP sues Musk's xAI over fake sexualised images
A British lawmaker has filed a case at London's High Court against Elon Musk's xAI after its Grok chatbot tool was used to create fake sexualised images of her, including in a bikini.
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Mobile apps
MyGOV Malaysia app adds access to RTM's FIFA World Cup 2026 broadcast
In an announcement today (June 5), the Digital Minstry said MyDigital ID-registered users can access live broadcasts through the app.
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Technology
Taiwan's Foxconn raises guidance for second-quarter outlook
TAIPEI, June 5 (Reuters) - Taiwan's Foxconn said on Friday that its second-quarter performance is likely to be well above its previously anticipated forecast of "significant" growth.
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Technology
Nvidia CEO says robotics is South Korea's next big sector, points to 'some surprises'
SEOUL, June 5 (Reuters) - Nvidia CEO Jensen Huang on Friday said robotics will be South Korea's next major sector, as he arrived for his second visit in seven months, underscoring deepening ties with local firms in not only chips but also robotics and AI factories.
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Technology
UK's Raspberry Pi shares hit record as industrial demand boosts outlook
June 5 (Reuters) - Britain's Raspberry Pi on Friday upgraded its full-year profit outlook, sending shares of the single-board computer maker to an all-time high.
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AI
New York City's rules for AI in schools spark fury
New York City's first set of rules for the use of artificial intelligence in public schools is being called weak by many parents who favour a stricter approach.
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Video games
‘Monster Hunter Now’ Season 10 brings two big monsters to the game
Franchises such as Pokemon Go have taken advantage of the free time and have done big extravaganzas, and Scopely's sister franchise Monster Hunter Now is no different.
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AI
Meta AI chief sees opportunity in models’ giving health advice
Meta Platforms Inc Chief AI Officer Alexandr Wang said the company's future artificial intelligence models will differentiate themselves from competitors through their consumer health capabilities.
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AI
Anthropic calls for pause of global AI development
Artificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.
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Technology
Nvidia CEO sees robotics as next major sector in South Korea
GIMPO, South Korea, June 5 (Reuters) - Nvidia CEO Jensen Huang said on Friday that he sees robotics as the next major sector in South Korea.
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Technology
One Tech Tip: What to know about flying with lithium ion portable battery chargers
Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight.
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Technology
Switch in talks to raise funds at $50 billion-plus valuation, The Information reports
June 4 (Reuters) - Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, The Information reported on Thursday, citing people with knowledge of the deal.
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Mobile apps
Apple removes Russia's state-backed messenger from App Store
Apple has removed Russia's state-backed Max messenger from its App Store, the app's Russian developers said Thursday.
