Technology

Telenor targets low-to-mid single-digit growth in Nordic core earnings until 2030

(Reuters) -Norway's Telenor expects its organic core earnings from the Nordic region to grow by a low-to-mid single-digit percentage per year until 2030, the telecom operator said on Tuesday ahead of its investor day.

Technology

Microsoft plans to invest $10 billion in Portuguese AI data hub

LISBON (Reuters) -Microsoft plans to invest $10 billion in artificial intelligence infrastructure at a data centre in Portugal's port city of Sines over the next few years, marking one of the largest AI investment projects in Europe, it said on Tuesday.

Technology

AMD expects profit to triple by 2030, data center chip market to grow to $1 trillion

NEW YORK (Reuters) -Advanced Micro Devices said on Tuesday that it expected annual data center chip revenue of $100 billion within the next five years, and its earnings to more than triple.

Technology

Vodafone to increase dividend for first time in eight years

LONDON (Reuters) -Vodafone's shareholders will be rewarded with the first dividend increase in eight years after a return to growth in Germany helped the European mobile and broadband operator upgrade its earnings outlook.

Technology

Nvidia-backed CoreWeave's shares fall as data center delay hits annual revenue forecast

(Reuters) -CoreWeave's shares tumbled 10% on Tuesday after it scaled back its annual revenue forecast due to data center hiccups despite strong demand for its artificial intelligence services.

Technology

Google to invest $6.4 billion in cloud infrastructure in Germany

BERLIN (Reuters) -Alphabet's Google 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, company and government officials said on Tuesday.

Technology

Global securities watchdog says 'tokenization' creates new risks

PARIS (Reuters) -Crypto tokens linked to mainstream financial assets could create new risks for investors, the global securities regulator IOSCO said in a report on Tuesday, as the finance industry remains split on the merits of "tokenization".

Technology

OpenAI used song lyrics in violation of copyright laws, German court says

MUNICH (Reuters) -OpenAI's chatbot ChatGPT violated German copyright laws by reproducing lyrics from songs by best-selling musician Herbert Groenemeyer and others, a court ruled on Tuesday, in a closely watched case against the U.S. firm over its use of lyrics to train its language models.

Technology

Indian fintech firm Pine Labs' $440 million IPO subscribed on final day

(Reuters) -Indian fintech firm Pine Labs' $440 million IPO was fully subscribed on the final day of bidding on Tuesday, even as concerns over profitability and valuations kept some investors at bay.

Cybersecurity

Here’s how many billions Meta earned from ads that are trying to scam you

An investigation by Reuters revealed that 15 billion 'high risk' advertisements reach its users every day.

Cybersecurity

Too good to be true? Shoppers ignore scam signs if discounts offered

Shoppers need to watch out for malware or "fake sites that hope you'll unwittingly enter your credit card information.

Technology

SoftBank profit more than doubles to $16.6 billion on OpenAI gains

TOKYO (Reuters) -SoftBank Group Chief Executive Masayoshi Son's "all in" bet on OpenAI appears to be paying dividends after the ChatGPT-maker's valuation soared this year, producing a surge in quarterly profit for the Japanese technology investor.

AI

AI-powered coach effective as a human in preventing diabetes

A researcher plans to build on the knowledge gained in this study by developing a larger-scale experiment that includes participants in different parts of the country to see how different cultures respond to the prompts.

Cybersecurity

UK court told woman involved in major bitcoin scam lived in luxury

Police discovered laptops in her property with millions of pounds' worth of bitcoin contained on them.

Technology

Sony raises profit forecast by 8%, cites lower tariff impact, anime strength

TOKYO (Reuters) -Sony raised its operating profit forecast for the year ending March 2026 by 8% to 1.43 trillion yen ($9.5 billion) on Tuesday, citing a smaller-than-expected impact from U.S. tariffs and the strength of its entertainment and chips businesses.

Cybersecurity

AI agents open door to new hacking threats

AI agents are programs that use artificial intelligence chatbots to do the work humans do online, like buy a plane ticket or add events to a calendar.

Technology

'Western tech dominance fading' at Lisbon's Web Summit

The "most advanced humanoid robots in the world" on display are "not European, they're not American. Instead, they are Chinese."

Technology

SoftBank's OpenAI wager in focus as analysts upgrade share price target

TOKYO (Reuters) -Technology investor SoftBank Group reports second quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence that has sent its share price soaring.

Technology

CoreWeave flags hit from data center delay, shares fall

(Reuters) -Nvidia-backed CoreWeave trimmed annual revenue forecast on Monday, hurt by a delay at a third-party data center partner, taking the shine off a strong September quarter driven by burgeoning demand for AI cloud services.

Technology

Intel CEO to oversee its AI efforts after executive departs for OpenAI

SAN FRANCISCO (Reuters) -Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker's artificial intelligence efforts after the firm's chief technology officer departed for ChatGPT maker OpenAI.