Technology

Cisco shares climb on strong AI-fueled equipment demand

(Reuters) -Shares of Cisco Systems rose nearly 6% in early trading on Thursday, after the networking equipment maker raised its annual profit and revenue forecast on robust cloud demand.

AI

Google accused in suit of using Gemini AI tool to snoop on users

Google was accused in a lawsuit of using its Gemini AI assistant to unlawfully track the private communications of users of its Gmail, instant messaging and videoconference programs.

Cybersecurity

New certification scheme aims to make mobile apps safer for Malaysians

CyberSecurity Malaysia (CSM) has introduced the Mobile Application Certification (MAC) scheme, which aims to validate and certify the security of apps in the country.

Technology

Italy’s Bending Spoons ready for IPO, warns of AI bubble

MILAN (Reuters) -Italian tech company Bending Spoons could list as early as next year, when it expects to double adjusted earnings after buying video streaming platform Vimeo and web portal AOL, its chief executive told Reuters.

Console

Valve announces Steam Machine, a new video game console

Valve Corp is plunging deeper into the console wars with the unveiling of the Steam Machine, a new cubical device designed for playing PC games in the living room.

AI

ByteDance unveils China’s most affordable AI coding agent at just US$1.30 a month

The TikTok owner's cloud unit has launched a new AI coding assistant, stoking China's AI coding price war.

Technology

Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says

SINGAPORE (Reuters) -Singapore's central bank will hold trials to issue tokenised MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday.

AI

Humans can no longer tell AI music from the real thing: survey

Eighty percent of survey respondents wanted fully AI-generated music clearly labelled for listeners.

Technology

Kasikornbank turns to AI, prudent lending as Thailand's economy slows, chief exec says

SINGAPORE (Reuters) -Thailand's second largest lender Kasikornbank is leaning on artificial intelligence and prudent lending to navigate economic headwinds and fraud risks, its chief executive Kattiya Indaravijaya told Reuters on Thursday. 

AI

Are AI therapy chatbots safe to use?

Psychologists and technologists see them as the future of therapy. The Food and Drug Administration is exploring whether to regulate them as medical devices.

Mobile apps

WhatsApp set to face stricter content moderation rules in the EU

Meta Platforms Inc's messaging service WhatsApp will face stricter rules under the European Union's content moderation rulebook, as the bloc increases scrutiny of social media.

Technology

Ex-Twitter CEO Agrawal's AI search startup Parallel raises $100 million

(Reuters) -AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to build web search infrastructure for artificial intelligence agents and fund deals with online content owners, Agrawal said in an interview.

Technology

FanDuel owner cuts profit forecast, to launch event contracts next month

DUBLIN (Reuters) -Flutter, the world's largest online betting company, sharply cut its full-year profit growth forecast on Wednesday, primarily due to another long winning streak by gamblers that increased its payouts.

Technology

Volkswagen says Rivian JV tech could extend to combustion cars in future

PALO ALTO (Reuters) -Volkswagen Group said on Wednesday the technology it is developing with U.S. electric-vehicle maker Rivian Automotive could eventually be used in its internal combustion engine vehicles.

Technology

Portuguese telcos plan to invest $4.9 billion in 5G, satellites over 5 years

LISBON (Reuters) -Portuguese telecoms operators plan to spend 4.2 billion euros ($4.9 billion) on high-speed 5G networks and satellites over the next five years to support major projects such as data centres and AI, the Infrastructure Ministry said on Wednesday.

Technology

Exclusive-Europe's mobile operators set to win key spectrum in fight with wi-fi industry, sources say

BRUSSELS (Reuters) -Europe's telecoms operators are set to gain access to the bulk of key spectrum coveted also by internet providers, with the backing of an advisory body to the European Commission, people with direct knowledge of the matter said on Wednesday.

Technology

Dayforce shareholders back Thoma Bravo's $12.3 billion take-private deal

(Reuters) -Dayforce said that it has received an overwhelmingly positive stockholder vote for a proposed $12.3 billion buyout of the HR software provider by Thoma Bravo, a month after its largest shareholder said it would vote against the deal.

Technology

Irish media regulator opens investigation into Musk's X

DUBLIN (Reuters) -Ireland's media regulator began an investigation into social media platform X on Wednesday over concerns it is not giving users a chance to appeal content moderation decisions and that its internal complaint-handling systems are not easy to access.

Technology

Wall St regulator to consider crypto token classification, chair says

WASHINGTON (Reuters) -The head of the U.S. Securities and Exchange Commission said on Wednesday the agency would soon consider establishing a classification for digital assets to help determine when they can be considered securities.

Technology

Developer fee cuts not passed on to EU users, Apple says

BRUSSELS (Reuters) -Lower developer fees implemented by Apple to comply with European Union tech regulations have not reduced prices for users, the iPhone maker said on Wednesday, renewing its criticism of Europe's efforts to rein in its market power.