Latest
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Social media
French lawmakers race to introduce an under-15 social media ban before the new school year
French lawmakers reached a compromise on July 20 that could allow a bill banning social media for children under 15 to enter into force at the start of the new school year in September.
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Technology
Analysis-Power, water needs test South Korea's push to build AI chip hub beyond Seoul
SEOUL, July 21 (Reuters) - South Korea has said it wants to establish a new semiconductor hub in its southwest within four years, but local opposition to the project's massive power and water needs is set to be among its biggest obstacles.
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Technology
Data centre battles marking politics worldwide
Governments worldwide are pushing to attract AI computing infrastructure, but must grapple with data centres' demands on resources and mounting local opposition.
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Technology
Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push
NEW YORK, July 20 (Reuters) - Samsung Electronics on Monday launched its first U.S. co-branded credit card with Barclays, deepening its push into the financial services space in the country and signaling plans to broaden its offerings in the future.
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Technology
US judge approves Anthropic's $1.5 billion settlement of copyright lawsuit
July 20 (Reuters) - A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic's landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude.
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Technology
Paramount Skydance ordered to pause Warner Bros acquisition through August 3
July 20 (Reuters) - Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 3, a federal judge ruled on Monday after a California-led coalition of states argued the merger would irreparably harm competition.
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Technology
Head of US AI safety agency resigns
WASHINGTON, July 20 (Reuters) - U.S. Center for AI Standards and Innovation Director Chris Fall has resigned just three months after being appointed to lead the federal AI testing institute at the Department of Commerce, a department spokesperson told Reuters, marking the latest shakeup in the Trump administration's plans on AI.
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Technology
Valeo to make drone motors in France for Harmattan AI
July 20 (Reuters) - Automotive supplier Valeo will develop and produce electric drone motors in France for defense technology firm Harmattan AI, the companies said on Monday.
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Technology
ASML to offer employees €20,000 retention bonus for staying in 2027-2030
AMSTERDAM, July 20 (Reuters) - ASML, the largest maker of equipment used to manufacture computer chips, intends to offer employees a bonus worth €20,000 ($22,838.00) if they remain with the company between 2027 and 2030.
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Technology
Google plans new chip to run Gemini models more efficiently, the Information reports
July 20 (Reuters) - Google is developing a new server chip that would incorporate elements of its Gemini model directly into the hardware, in a bid to serve its AI models more efficiently to users, the Information reported on Monday, citing people familiar with the matter.
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Technology
Bristol Myers buys Nvidia's latest AI computing system for drug research
NEW YORK, July 20 (Reuters) - Bristol Myers Squibb said on Monday it is buying the latest-generation computing system from chip company Nvidia to support its use of artificial intelligence across its drug discovery and development operations.
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Technology
Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus
July 20 (Reuters) - Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.
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Technology
AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products
BRUSSELS, July 20 (Reuters) - Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit products on its platform.
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Technology
How PayPal went from Wall Street favorite to unwilling merger target
July 20 (Reuters) - Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like. What happens next?
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Technology
Meta faces Tennessee trial over allegations Instagram was designed to be addictive
July 20 (Reuters) - Meta Platforms faces trial in Tennessee on Monday over the state's claims that Instagram's design is to blame for a youth mental-health crisis, one of several trials in the coming weeks testing allegations that the company's social media platforms were intentionally built to be addictive.
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Technology
Chipmakers head for big profit gains, but will it be enough?
NEW YORK, July 20 (Reuters) - Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable companies to deliver nearly half of S&P 500 profit growth for the second quarter.
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Cybersecurity
iPhone hacking firm sues ex-worker over alleged theft of secrets
Magnet Forensics Inc, a Canadian cybersecurity firm, accused a former contractor of sharing trade secrets about a previously unknown flaw used to hack iPhones with a rival firm.
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Technology
This US$1 sensor could soon detect Parkinson’s disease – using only your tears
Built from graphene and tested on tears, the non-invasive device is already eyeing a startup spin-off to bring low-cost diagnostics to market.
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AI
India is moving fast to catch up in AI. A coastal city fears the fallout
With India lagging in the technology, officials are embracing giant data centres. But critics say the megaprojects will use up energy and water, without providing long-term jobs.
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Internet
She knew he wasn’t real. She was in love with him anyway. Takeaways about romance scams
One rainy afternoon in August, Jean Booth scurried up the stairs of a nondescript Thai restaurant, shook out her blue, shoulder-length hair and took out her phone. She bit her lip; no messages.
