Technology

Anthropic acquires developer tool startup Bun to scale AI coding

Dec 2 (Reuters) - Artificial intelligence startup Anthropic said on Tuesday it has acquired Bun, which helps developers run and manage codes more effectively, as the Claude maker looks to boost the speed and stability of its coding agent.

Technology

Analysis-Strong start to online holiday shopping masks signs of a fragile U.S. consumer

NEW YORK, Dec 2 (Reuters) - The U.S. holiday shopping season kicked off to record online sales. But underlying signs of economic fragility signal a pullback in spending could be looming. 

Technology

Strategy's leveraged ETFs hit hard by crypto slump

Dec 2 (Reuters) - Leveraged exchange‑traded funds (ETFs) linked to bitcoin hoarder Strategy are among the biggest casualties of this year's crypto slump, as falling bitcoin price battered shares of the largest corporate holder of the token.

Technology

Nvidia CFO says chipmaker yet to finalize $100 billion OpenAI deal

Dec 2 (Reuters) - Nvidia's agreement with ChatGPT parent OpenAI to invest up to $100 billion in the startup is still not finalized, the chipmaker's chief financial officer Colette Kress said on Tuesday at the UBS Global Technology and AI Conference in Arizona.

Technology

Amazon to use Nvidia tech in AI chips, roll out new servers

LAS VEGAS, Dec 2 (Reuters) - Amazon.com's AWS cloud computing unit on Tuesday said it will adopt key Nvidia technology in future generations of its artificial intelligence computing chips as the firm ramps up efforts to attract major AI customers to use its services.

Technology

Record shoppers, online sales surge signal strong US holiday season momentum

Dec 2 (Reuters) - U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the Thanksgiving weekend to $44.2 billion, according to an Adobe Analytics report, as consumers lapped up offers on everything from gadgets to household essentials.

Technology

Amazon cuts seller fees in Europe in Shein, Temu price war

LONDON, Dec 2 (Reuters) - Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces like Shein and Temu that sell clothes, homeware and gadgets at rock-bottom prices.

Technology

BlackRock turns bearish on long-term Treasuries as AI funding wave looms

NEW YORK, Dec 2 (Reuters) - The BlackRock Investment Institute said on Tuesday it is turning bearish on long-term U.S. Treasuries, warning a coming wave of AI-related financing could put upward pressure on U.S. borrowing costs and exacerbate worries over U.S. government indebtedness. 

Technology

Fintech platform Wealthfront aims to raise up to $485 million in US IPO

Dec 2 (Reuters) - Automated digital wealth management firm Wealthfront said on Tuesday it was aiming to raise as much as $485 million in its initial public offering in the United States.

Technology

European banks led by BNP, ING push ahead on euro stablecoin plan

PARIS/MADRID, Dec 2 (Reuters) - A group of 10 European banks, including ING, UniCredit and BNP Paribas, have formed a company to launch a euro-pegged stablecoin in the second half of 2026, in a move they hope will counter U.S. dominance in digital payments.

Technology

AI could increase divide between rich and poor states, UN report warns

GENEVA, Dec 2 (Reuters) - Artificial Intelligence could widen gaps between developed and developing countries, a U.N. report said on Tuesday, calling for policy measures to limit the impact.

Technology

Taiwan charges Tokyo Electron’s Taiwan unit in TSMC trade secrets case

TAIPEI, Dec 2 (Reuters) - Taiwan prosecutors said on Tuesday they had charged Tokyo Electron's Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former employee was indicted in August for alleged theft of trade secrets from chipmaker TSMC.

Technology

EU Court rules Dutch courts can handle a anti-trust case against Apple's App store

BRUSSELS, Dec 2 (Reuters) - The Court of Justice of the European Union on Tuesday ruled the Dutch tribunals have jurisdiction over a case brought against Apple's App Store by two local foundations over alleged anticompetitive conduct.

AI

Move over, computer science. Students are flocking to new AI majors

Artificial intelligence is the hot new college major.

Technology

Explainer-What is India's politically contentious Sanchar Saathi cyber safety app?

NEW DELHI, Dec 3 (Reuters) - India on Wednesday withdrew a mandate requiring smartphone makers to preload a state-owned cyber safety app called Sanchar Saathi on all new devices following an outcry over fears of government snooping in the world's most populous nation.

AI

AI's impact could worsen gaps between world's rich and poor, a UN report says

Behind the hoopla over the promise of artificial intelligencelay difficult realities, including how such technology might affect people already disadvantaged in a data-driven world.

Technology

Fearing AI job losses, some young workers in Britain shift towards skilled trades

LONDON, Dec 2 (Reuters) - In a labour market where artificial intelligence is quickly transforming and sometimes replacing jobs, student Maryna Yaroshenko wanted to find a future-proof career that offered long-term stability.

iOS

Apple’s next iOS updates will address one of the company’s biggest weaknesses

Apple is preparing a series of iterative, AI-focused updates to its iPhone and iPad operating system in 2026, according to a new report from Bloomberg.

Technology

Exclusive-Apple to resist India order to preload state-run app as political outcry builds

NEW DELHI, Dec 2 (Reuters) - Apple does not plan to comply with a mandate to preload its smartphones with a state-owned cyber safety app and will convey its concerns to New Delhi, three sources said, after the government's move sparked surveillance concerns and a political uproar.

AI

DeepSeek debuts new AI models to rival Google and OpenAI

China's DeepSeek unveiled two new versions of an experimental artificial-intelligence model it released weeks ago, adding fresh capabilities the startup said would help with combining reasoning and executing certain actions autonomously.