Latest
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Technology
Exclusive-US Senators unveil bill to prevent scam ads on social media platforms
Feb 4 (Reuters) - U.S. Senators Ruben Gallego and Bernie Moreno have introduced anti-scam legislation requiring social media platforms to vet their advertisers.
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Technology
Uber forecasts profit below estimates on cheaper rides and higher taxes
Feb 4 (Reuters) - Uber Technologies forecast first-quarter profit below expectations and fourth-quarter estimates on Wednesday, weighed down by higher taxes and an increase in more affordable ride options aimed to boost bookings.
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Technology
Cognizant forecasts annual revenue above estimates on strong AI demand
Feb 4 (Reuters) - Cognizant Technology forecast annual revenue above Wall Street estimates on Wednesday, betting on strong demand for its IT services as businesses adopt artificial intelligence into their workflows.
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Technology
Musk's mega-merger of SpaceX and xAI bets on sci-fi future of data centers in space
Feb 4 (Reuters) - Seventy-five years ago, the idea of harnessing the power of the skies was little more than fantasy spun by futurists like Arthur C. Clarke and Isaac Asimov. Elon Musk's mega-merger of his companies xAI and SpaceX this week brings this sci-fi dream a step closer.
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Technology
Amazon's physical grocery push deepens its fight against rival Walmart
NEW YORK, Feb 4 (Reuters) - Amazon was once the upstart running ahead of Walmart with its revolutionary e-commerce business. It now finds itself betting on the kind of mega-store typically associated with its Bentonville, Arkansas, rival.
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Technology
Global software stocks hit by Anthropic wake-up call on AI disruption
(Fixes garble in lead)
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Technology
NXP CEO says demand for 'physical AI' boosting outlook
AMSTERDAM, Feb 4 (Reuters) - Dutch computer chip maker NXP Semiconductors is benefitting from what it calls "physical AI", as businesses apply artificial intelligence in industrial systems such as logistics automation, workplace safety and robotics, its new CEO told Reuters.
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Social media
Europe takes on tech with social media bans and Paris raid on X
European countries are taking their broadest swipe yet at social media, with a growing number weighing bans of the services for minors and setting the stage for a new showdown with some of the biggest US companies.
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Technology
Taiwan's MediaTek flags supply chain crunch from AI, says will adjust prices
TAIPEI, Feb 4 (Reuters) - A surge in demand for artificial intelligence applications is straining supply chains and driving up costs, Taiwan's top chip design company MediaTek said on Wednesday, adding it would adjust its own prices in response.
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Social media
France summons Musk, raids X offices as deepfake backlash grows
French authorities summoned billionaire Elon Musk to a "voluntary interview" and searched the local offices of his social media network X on Feb 3 in a probe into alleged political interference and sexual deepfakes, prosecutors said.
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Technology
AMD's Frankfurt-listed shares fall after weaker sales
Feb 4 (Reuters) - Advanced Micro Devices shares fell over 6% in early Frankfurt trading on Wednesday after the company forecast a slight decline in quarterly revenue, raising concerns about whether it can effectively challenge Nvidia in the booming AI market.
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Technology
Tether says 'misconception' over fundraising plans amid reports of investor pushback
Feb 4 (Reuters) - Tether's CEO said on Wednesday there had been "misconception" about the crypto group's fundraising plans after the Financial Times reported it had scaled back its ambitions following investor pushback over a proposed $500 billion valuation.
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Social media
Spain to ban children from social platforms like Grok and TikTok
Prime Minister Pedro Sánchez said Spain would block children from using social media platforms including Instagram and TikTok in a new European push to regulate digital platforms.
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Technology
TomTom sees lower to steady revenue in 2026, followed by growth in 2027
Feb 4 (Reuters) - Dutch location technology company TomTom expects its revenue to be steady or lower in 2026, affected by the transition of some customers.
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Smartphones
Infinix launches Note Edge smartphone at RM999, featuring a 6.78in display and 6,500mAh battery
Infinix has launched its latest midrange smartphone offering, with the Note Edge available today (Feb 4), featuring a 6.78in Amoled screen with a 1.5K resolution and 120Hz refresh rate.
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Technology
Anthropic's new AI tools deepen selloff in data analytics and software stocks, investors say
NEW YORK/LONDON, Feb 3 (Reuters) - A significant selloff among U.S. and European data analytics, professional services and software companies deepened on Tuesday, with some investors pointing to a recently updated artificial intelligence chatbot by Anthropic as the main culprit.
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AI
‘Value for money’: AI agent OpenClaw adopts Chinese models for cost edge over US rivals
OpenClaw adds Moonshot AI's Kimi and MiniMax as Chinese open-source AI models gain global appeal for cost and performance.
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AI
Whack-a-mole: US academic fights to purge his AI deepfakes
Hoaxes produced with inexpensive AI tools can often slip past detection, deceiving unsuspecting viewers.
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Technology
KKR, Singtel pay $5.2 billion for full control of data centre operator STT GDC
SINGAPORE, Feb 4 (Reuters) - A KKR and Singapore Telecommunications consortium will pay S$6.6 billion ($5.2 billion) in cash to take full control of ST Telemedia Global Data Centres (STT GDC), the companies said on Tuesday, in an intensifying race for AI capacity.
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AI
How the AI boom could push up the price of your next PC
AI companies are buying up memory chips, causing the prices of those components — which are also used in laptops and smartphones — to soar.
