Latest
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Technology
US software stocks slammed on mounting fears over AI disruption, lose $1 trillion in week
Feb 5 (Reuters) - Shares of U.S. software and data services companies extended their tumble for a seventh straight session on Thursday as investors worried that fast-advancing artificial intelligence tools could upend the sector.
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Technology
Spotify to let users buy physical books on app through Bookshop.org partnership
Feb 5 (Reuters) - Spotify said on Thursday it would begin selling physical books on its streaming platform through a partnership with online retailer Bookshop.org, marking an unexpected expansion beyond its audiobooks business.
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Technology
Thomson Reuters reports fourth-quarter revenue rise, shares slip
NEW YORK, Feb 5 (Reuters) - Thomson Reuters reported higher fourth-quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence companies moving into its key markets.
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Technology
Starlink fuels SpaceX growth with potential phone, more internet services
WASHINGTON, Feb 5 (Reuters) - With a SpaceX IPO expected this year, the company has plans for its revenue-generating Starlink business that could expand its reach into new markets, including a Starlink phone, direct-to-device internet and a space-tracking service, sources familiar with the matter said.
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Technology
Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU
BRUSSELS, Feb 5 (Reuters) - The European Commission said on Thursday Apple's Maps and Ads services will not be designated as gatekeepers under the EU's Digital Markets Act, citing their relatively low usage and limited market impact in Europe.
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5G
CelcomDigi unveils new Postpaid 5G plans with unlimited data, starting from RM120
The company said the newest addition is the Postpaid 5G 190 offering unlimited Internet data with uncapped speed for RM190/monthly.
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Technology
Coupang confirms personal data of 165,000 more South Korean users leaked
SEOUL, Feb 5 (Reuters) - South Korean e-commerce company Coupang confirmed on Thursday that the personal data of an additional 165,000 users was leaked as a government-led investigation continued into a major data breach announced last November.
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Technology
Bitcoin tumbles below $70,000, wiping out gains since Trump 2024 win
SINGAPORE/LONDON, Feb 5 (Reuters) - Bitcoin tumbled through the key $70,000 level on Thursday as a slide in the world's largest cryptocurrency showed no signs of stopping.
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Technology
Britain to work with Microsoft to build deepfake detection system
LONDON, Feb 5 (Reuters) - Britain will work with Microsoft, academics and experts to develop a system to spot deepfake material online, the government said on Thursday, as it moves to set standards for tackling harmful and deceptive AI-generated content.
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Social media
Australia blasts Big Tech for child sexual abuse failings
Australia's online safety regulator blasted major technology companies including Meta Platforms Inc, Apple Inc and Google for failing to stamp out child sexual exploitation and abuse on their services, even after repeated calls to address shortfalls.
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Technology
Anthropic's AI push raises analyst concerns over Indian IT services revenues
Feb 5 (Reuters) - Rapid advances in artificial intelligence, triggered in part by Anthropic's latest automation push, could structurally erode the IT sector's high-margin application services revenues, creating downside risks to earnings and valuations, analysts warn.
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Technology
Taiwan's Foxconn forecasts strong first-quarter performance
TAIPEI, Feb 5 (Reuters) - Taiwan's Foxconn on Thursday flagged strong expectations for its first quarter performance, after reporting a 35.5% year-on-year rise in January revenue.
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AI
Move fast, but obey the rules: China’s vision for dominating AI
Beijing wants to lead the world in developing cutting-edge artificial intelligence, but it also wants companies to adhere to an increasingly complex set of rules.
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Technology
UK's BT on track as broadband strengthens
LONDON, Feb 5 (Reuters) - BT, Britain's biggest broadband operator which also owns the EE mobile network, posted in-line quarterly results, and said its forecast for line losses this year had improved, putting it on track to meet its targets.
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Social media
Debate over teen social media use grows in key tech market India
Officials in India are publicly debating age restrictions for accessing social media, a potential fresh challenge to Big Tech in a massive market for users as global debate grows over online harms to children.
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Technology
'Software-mageddon' leaves investors bargain-hunting but wary
NEW YORK, Feb 5 (Reuters) - Wall Street's "Software-mageddon" has been snowballing. Now investors are debating whether it is time to warm up to the beaten-down stocks.
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AI
OpenClaw user says AI went rogue, highlighting risks of agents
Chris Boyd, a software engineer, began tinkering with a digital personal assistant called OpenClaw at the end of January, while he was snowed in at his North Carolina home.
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Technology
HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports
Feb 5 (Reuters) - PC makers HP, Dell, Acer and Asus are considering sourcing memory chips from Chinese chipmakers for the first time amid a global supply crunch that is threatening product launches and pushing up costs across the tech industry, Nikkei Asia reported on Thursday.
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Internet
Bulgaria probes beauty salon images found on porn sites
Bulgarian prosecutors on Feb 4 said they have opened an investigation and conducted searches after beauty salon customers complained that photos of them had appeared on pornographic websites.
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Technology
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
SAN FRANCISCO, Feb 5 (Reuters) - Alphabet is taking on OpenAI with a gusto that underscores Wall Street's perception that the Google parent is the leader in AI, a turn of events from a year ago when investors thought it was badly lagging behind rivals and punished its stock.
