Latest
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Technology
ClickHouse valued at $15 billion as database analytics firm rides AI wave
Jan 16 (Reuters) - Database management company ClickHouse was valued at $15 billion in its latest funding round, CEO Aaron Katz said on Friday, as investor enthusiasm for companies related to the artificial intelligence boom spills over into the new year.
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Technology
Elon Musk's X largely back up after outage affects thousands worldwide
Jan 16 (Reuters) - Elon Musk's X was mostly restored after an outage impacted tens of thousands of users globally on Friday, according to Downdetector.com.
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Technology
Tesla gets 5-week extension in US probe of Full Self-Driving traffic violations
Jan 16 (Reuters) - U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation into whether its vehicles violated traffic laws while the Elon Musk-led company's Full Self-Driving system was engaged.
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Technology
Starlink-rival Eutelsat signs deal with Europe's MaiaSpace to launch satellites
Jan 16 (Reuters) - European satellite operator Eutelsat said on Friday it had signed a deal with French space startup MaiaSpace for the future launches of its low Earth orbit (LEO) satellites, in a major strategic boost for Europe as it seeks to catch up with U.S. rival SpaceX.
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Technology
India's Tata Tech has quarterly profit plummet 96% on one-time labour code charge
Jan 16 (Reuters) - Engineering research and development (ER&D) firm Tata Technologies reported a 96% drop in third-quarter profit on Thursday, hurt primarily by a one-time charge tied to India's new labour codes, their largest such drop since the company's 2023 market debut.
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Technology
India's Tech Mahindra beats quarterly revenue view on manufacturing strength
BENGALURU, Jan 16 (Reuters) - Indian software services provider Tech Mahindra reported bigger-than-expected third-quarter revenue on Friday, aided by growth in its communications and manufacturing segments.
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Technology
Wipro lags rivals with soft deal wins, weak fourth-quarter view
BENGALURU, Jan 16 (Reuters) - India's fourth-largest IT services firm Wipro forecast weaker-than-expected revenue growth for the current quarter on Friday after deal bookings fell to a six-quarter low in the December period, sending its U.S.-listed shares down as much as 7.2%.
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AI
Meta begins job cuts as it shifts from metaverse to AI devices
Meta Platforms Inc is beginning to cut more than 1,000 jobs from the company's Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.
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AI
Fury over Grok sexualised images despite new restrictions
Global outrage persisted Jan 15 over sexualised deepfakes created by Elon Musk's AI tool Grok, even after his social media platform X said it was blocking the chatbot from undressing images in certain locations.
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Technology
Japan probing Musk's Grok AI service over inappropriate images
TOKYO, Jan 16 (Reuters) - Japan said on Friday that it has become the latest country to probe X over Elon Musk's artificial intelligence service Grok, stating that the government would consider every possible option to prevent the generation of inappropriate images.
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Technology
Italy probes Microsoft's unit over sale practices for 'Call of Duty' and 'Diablo' video games
MILAN, Jan 16 (Reuters) - Italy's competition authority on Friday said it had opened two investigations on Microsoft's Activision Blizzard unit over allegedly "misleading and aggressive" sale practices for video games "Diablo Immortal" and "Call of Duty Mobile".
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Technology
Exclusive-TikTok to tighten age checks in Europe as regulators ramp up pressure
STOCKHOLM, Jan 16 (Reuters) - TikTok will start rolling out new age-detection technology across Europe in the coming weeks, it told Reuters on Friday, as the ByteDance-owned platform faces regulatory pressure to better identify and remove accounts belonging to children under 13.
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Internet
Beware of online ads with elaborate backstories. They may not be from a real small business
Faster and more sophisticated digital tools are only making it even harder for consumers to spot if what they are seeing is too good to be true.
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Technology
Factbox-Taiwan contract chipmaker TSMC's US investments
Jan 16 (Reuters) - The U.S. and Taiwan reached a trade deal on Thursday under which Taiwanese companies will invest $250 billion to boost production of semiconductors, energy and artificial intelligence in the United States.
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AI
OpenAI expects another ‘seismic shock’ from China amid speculation of new DeepSeek release
There is heightened anticipation about a potential major DeepSeek release around the Lunar New Year.
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Technology
BBC to strike content deal with YouTube, FT reports
Jan 16 (Reuters) - The BBC plans to produce programmes for Google's YouTube for the first time, the Financial Times reported on Friday, as the British public broadcaster looks to generate more money as many viewers turn to streaming platforms.
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Technology
Anthropic appoints Microsoft veteran Irina Ghose as India MD
BENGALURU, Jan 16 - Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its managing director for India, the company said on Friday.
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Mobile apps
An app’s blunt life check adds another layer to the loneliness crisis in China
In China, the names of things are often either ornately poetic or jarringly direct. A new, wildly popular app among young Chinese people is definitively the latter. It's called, simply, "Are You Dead?"
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Technology
India's Infosys rises after strong 2026 view; lifts IT index
Jan 16 (Reuters) - Infosys rose 5% on Friday after unexpectedly raising its fiscal 2026 revenue forecast, pointing to a possible turnaround for India's $283 billion IT industry as AI-led partnerships drive deals.
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AI
Jailed Chinese AI chatbot developers appeal in landmark pornography case
Defendants given prison sentences for creating sexual content for profit via their AI emotional companions.
