Technology

SoftBank shares slide as Nvidia stake sale highlights AI funding needs

TOKYO (Reuters) -SoftBank's shares slid as much as 10% on Wednesday after the $5.8 billion sale of its stake in Nvidia highlighted the growing funding demands it faces to bankroll its "all-in" bet on ChatGPT creator OpenAI and other investments.

Technology

Infineon raises 2026 sales target for AI power supply segment on booming demand

BERLIN (Reuters) -German chipmaker Infineon significantly raised its 2026 sales target for the AI power supply segment on Wednesday, citing strong demand, and forecast total revenue increasing moderately from the year before despite currency headwinds.

Technology

RWE beats profit forecasts with one-off gain from UK data centre sale

FRANKFURT/DUESSELDORF (Reuters) -RWE, Germany's largest power producer, reported higher than expected profit for the first nine months of the year, boosted by a 225 million euro ($262 million) book gain on the sale of a data centre project to a large cloud service provider.

Smartphones

Google rolls out Apple-like message summaries for Pixel phones

Alphabet Inc's Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and notification prioritisation.

AI

Why new model of China’s Moonshot AI stirs ‘DeepSeek moment’ debate

Kimi K2 Thinking outperforms OpenAI's GPT-5 and Anthropic's Claude Sonnet 4.5, sparking comparisons to DeepSeek's breakthrough.

Technology

Turkcell, Google sign cooperation agreement on cloud technologies

ANKARA (Reuters) -Turkish telecoms operator Turkcell signed an agreement with Google on Wednesday for strategic cooperation on cloud technologies, the company said in a notice.

Internet

'Splinternets' threat to be avoided, says web address controller

ICANN is best known for coordinating global allocation of Internet addresses – whether the easily-remembered versions people type into web browsers, or the strings of numbers used by computers known as IP addresses.

Technology

Analysis-Big tech stops complaining, starts complying with Australia's teen social media ban

SYDNEY (Reuters) -Online platforms will ping Australian teenagers through over a million accounts in coming days offering a choice: download data, freeze profiles or lose the lot when a world-first ban on kids using social media starts on December 10.

Technology

As the crypto art market cools, Seattle’s NFT museum in limbo

Reviews were mixed. Some visitors found the art derivative and the space sterile. "If I wanted to look at a bunch of TVs I'd go to Best Buy," quipped one Yelp reviewer in April 2022.

AI

'Artificial evil': Seven new lawsuits blast ChatGPT over suicides, delusions

"This is not intelligence," a father said. "This is just, flat-out artificial evil. Period."

Technology

Yen stablecoin issuer predicts growing presence in Japan's bond market

TOKYO (Reuters) -Stablecoin issuers could become major buyers of Japanese government bonds in several years and influence the central bank's control over monetary policy, the head of Japan's first domestic issuer of yen-pegged stablecoins told Reuters.

Internet

How polarising content reaches teens, young adults online

Experts warn that algorithm-driven feeds, designed to boost engagement, often amplify extreme opinions and misinformation, leaving young users vulnerable.

Technology

Bitwise sparks industry scramble with Solana ETF launch

(Reuters) -Crypto firm Bitwise Asset Management's successful push to launch the first U.S. spot Solana ETF while the Securities and Exchange Commission was shut down has upended the regulatory playbook and forced competitors to rethink their product plans, said industry executives.

Technology

Morgan Stanley joins rivals in rolling out private company research, memo shows

(Reuters) -Morgan Stanley launched a dedicated private company research page on Tuesday, according to an internal memo seen by Reuters, as investors' interest in high-growth startups rises.

Technology

Bank of England's Breeden says diluting stablecoin rules further could damage financial system

LONDON (Reuters) -Bank of England Deputy Governor Sarah Breeden on Tuesday warned that further diluting rules for stablecoins risked endangering financial stability and causing a credit crunch, and said that the UK needed a different approach to the United States.

Technology

Google says it will invest around $6.4 billion in cloud infrastructure in Germany

BERLIN (Reuters) -Alphabet's Google said on Tuesday that it will invest 5.5 billion euros ($6.41 billion) in Germany in the coming years in a push to expand its infrastructure and data centre capacity in Europe's largest economy.

Technology

SoFi rolls out crypto trading as digital asset gold rush draws lenders

(Reuters) -SoFi on Tuesday announced plans to roll out crypto trading for customers, as the multi-trillion-dollar crypto sector continues to attract traditional financial firms amid clearer regulation and growing adoption.

Technology

SoftBank's $5.8 billion Nvidia stake sale stirs fresh AI bubble fears

(Reuters) -SoftBank Group's $5.8 billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around artificial intelligence may have peaked, especially after recent warnings from Wall Street bank chiefs and a famed short seller.

Technology

Santander's digital lender Openbank launches crypto trading in Spain

MADRID (Reuters) -Openbank, Santander's digital lender, said on Tuesday it had launched a cryptocurrency trading service in Spain, following rival BBVA.

Technology

AI cloud firm Nebius signs $3 billion deal with Meta, posts more than four-fold rise in revenue

(Reuters) -Nebius Group has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure over a five-year period, the company said on Tuesday, after it reported a more than fourfold rise in third-quarter revenue.