Technology

Trump Media's quarterly loss widens as costs soar

(Reuters) -Trump Media & Technology Group reported a bigger third-quarter loss and a decline in revenue on Friday, squeezed by a surge in expenses, highlighting the Truth Social parent's steep financial hurdles.

Technology

Bundesbank chief uses AI to check dovish-hawkish balance in speeches

FRANKFURT (Reuters) -Exploring the potential uses of artificial intelligence, Bundesbank President Joachim Nagel is now using the technology to check how his speeches will be perceived and whether he found the right balance on the dovish-hawkish spectrum, he said on Friday. 

Technology

AI platforms not danger but opportunity for Amadeus, CEO says

(Reuters) -Spanish travel technology company Amadeus is "extremely well positioned" to deal with possible expansion into its industry by large-language-models and AI platforms like ChatGPT, the company's chief executive said on Friday.

Social media

MCMC seeks explanation from TikTok over drug smuggling case

The Malaysian Communications and Multimedia Commission (MCMC) has requested an official explanation from TikTok on its monitoring and enforcement mechanisms for content or advertisements suspected of use in criminal activities.

Technology

Wall St reacts to Musk's $1 trillion pay plan approval by Tesla investors

(Reuters) -Tesla CEO Elon Musk has won shareholder approval for the largest corporate pay package in history.

Technology

'GTA VI' delay to November 2026 allows Take-Two potentially bigger launch, analysts say

(Reuters) -Repeated delays of "Grand Theft Auto VI" have failed to perturb analysts, who believe the new release window will allow Take-Two Interactive to make a bigger splash when it launches the videogame industry's highly anticipated title next year.

Technology

Indian delivery platform Swiggy approves up to 100 billion rupees fundraise via QIP

(Reuters) -Indian food and grocery delivery firm Swiggy on Friday said its board approved plans to raise up to 100 billion rupees($1.14 billion) via qualified institutional placement (QIP) as it seeks to shore up capital for growth.

Technology

Vodafone, AST SpaceMobile to set up Europe-led satellite constellation

(Reuters) -Vodafone and AST SpaceMobile on Friday unveiled plans to establish a Europe-led satellite constellation to provide satellite-to-smartphone connectivity for commercial and government applications.

Technology

Apple's Live Translation feature for AirPods coming to EU in December

Apple plans to roll out its Live Translation feature to users in the European Union "next month," the US tech giant said on Tuesday, announcing it had brought the AirPods feature in line with European digital rules.

Technology

AI startup Anthropic expands in Europe with offices in Paris, Munich

STOCKHOLM (Reuters) -U.S. AI startup Anthropic said on Friday it was planning to expand its operations across Europe, and open offices in the French capital Paris and Munich in Germany.

Technology

Global tech tensions overshadow Web Summit's AI and robots

Flashy AI, robotics and self-driving cars will be on show at the annual Web Summit in Lisbon from Monday, but global tensions over high-tech trade, competition and sovereignty will be weighing on the minds of entrepreneurs, investors and policymakers.

Technology

Samsung Elec names new head of its key decision-making body

SEOUL (Reuters) -Samsung Electronics said on Friday it had named Park Hark-kyu as the new head of its business support office, a key decision-making body of the technology giant that serves chairman Jay Y. Lee.

AI

Lawsuits blame ChatGPT for suicides and harmful delusions

Seven complaints, filed on Nov 6, claim the popular chatbot encouraged dangerous discussions and led to mental breakdowns.

Technology

Singtel sells about $1.2 billion stake in Indian telco Bharti Airtel

(Reuters) -Singapore Telecommunications (Singtel) said on Friday it had sold a 0.8% stake worth S$1.5 billion ($1.16 billion) in India's Bharti Airtel, as part of the Southeast Asian telecom company's ongoing asset restructuring strategy.

Technology

EU weighs pausing parts of landmark AI act in face of US and big tech pressure, FT reports

(Reuters) -The European Commission is proposing to pause parts of its landmark artificial intelligence (AI) legislation amid intense pressure from big tech companies and the U.S. government, the Financial Times reported on Friday.

Smartphones

Huawei debuts ultrathin iPhone Air rival priced from 4,199 yuan

Huawei Technologies Co added a thin new handset to its lineup, offering Chinese consumers a direct competitor to Apple Inc's iPhone Air.

Technology

Japan government to support big banks' project to issue stablecoins, finance minister says

TOKYO (Reuters) -Japan's Financial Services Agency will support a project by the country's three-largest banks to jointly issue stablecoins, Finance Minister Satsuki Katayama said on Friday, adding to momentum supporting digital payments in a country where cash and credit cards remain popular.

Startups

Report: Chinese AI app startups lag behind US peers in making money

Only four Chinese developers are included in the world's top 100 AI apps from private firms by annual recurring revenue.

Technology

Apple streaming service restored after brief outage

(Reuters) -Apple's streaming service resumed for users in the United States after a brief outage late Thursday, Apple's status page showed.

AI

Denmark eyes new law to protect citizens from AI deepfakes

In 2021, Danish video game live-streamer Marie Watson received an image of herself from an unknown Instagram account.