Latest
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Video games
Young Europeans are spending money in the metaverse
European tweens are increasingly willing to spend money in the metaverse to buy virtual products. Almost half of eight- to 12-year-olds have already bought a digital product, and a third are even willing to spend their own money.
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Wearables
This exoskeleton can boost your physical capabilities
A new generation of lightweight exoskeletons will enable long-distance walkers, hikers and sports enthusiasts to improve their performance, supporting longer periods of physical activity with reduced fatigue for the wearer.
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AI
This AI-focused chip is powered by light
Researchers at Beijing’s Tsinghua University have developed a high-performance chip for complex artificial intelligence processing, powered by light rather than electricity.
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Social media
Study warns users about health information on TikTok
The Chinese social network is packed with information of all kinds and in all fields, which can get up to tens of millions of views. This may be of little importance when it comes to showcasing the latest blush, but it can be crucial when the posts in question concern users’ health. Indeed, a new study reveals that much of this information is not based on factual evidence.
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Technology
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup's generative AI technology to power some new features being introduced in the iPhone later this year, Bloomberg News reported on Friday.
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Technology
Google plans $3 billion data center investment in Indiana, Virginia
(Reuters) - Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia.
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Technology
X tells Brazil court 'operational faults' allowed blocked users to remain active
BRASILIA (Reuters) - Lawyers representing X in Brazil told the Supreme Court on Friday that "operational faults" have allowed users who were ordered blocked to stay active on the social media platform.
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Technology
TikTok general counsel to step down, will focus on fighting US law
WASHINGTON (Reuters) - Erich Andersen, general counsel for TikTok and Chinese parent company ByteDance, said on Friday he will step down from the role in June, according to a company statement.
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Technology
Google asks court to throw out US advertising case
WASHINGTON (Reuters) -Alphabet Inc's Google on Friday asked a federal court in Virginia to reject a U.S. government lawsuit accusing the advertising and search giant of anticompetitive practices in the online advertising marketplace.
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Technology
Apollo, KKR and Stonepeak to invest in JV to fund Intel's Ireland facility, Bloomberg reports
(Reuters) - Apollo Global Management, KKR & Co and Stonepeak may invest billions in a joint venture to help fund Intel's semiconductor fabrication facility in Ireland, Bloomberg News reported on Friday.
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Technology
Televisa to merge its satellite TV, cable units 'as soon as possible'
MEXICO CITY (Reuters) -Mexican broadcaster Televisa plans to merge its satellite TV unit Sky with its cable TV and internet service Izzi as soon as possible, the head of the new unit said on Friday.
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Technology
EU's Vestager meets French tech firm Mistral AI amid competition concerns
BRUSSELS (Reuters) - European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector needs more competition.
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Technology
Shein falls under tough EU online content rules as user numbers jump
BRUSSELS (Reuters) -Chinese-founded fast-fashion company Shein will have to comply with tough new EU online content rules after its user numbers soared above a key benchmark, joining a score of other Big Tech companies already subject to the rules, the European Commission said on Friday.
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Technology
Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) - Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent announcing its first-ever dividend and a $70 billion stock buyback.
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Technology
India's HCLTech misses Q4 revenue estimates
BENGALURU (Reuters) - HCLTech, India's No.3 IT services player, reported a smaller-than-expected fourth-quarter revenue on Friday amid decelerating tech spending among clients due to macro overhang.
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Technology
Chipmaker Intel falls as AI competition hurts forecast
(Reuters) -Intel shares slumped more than 12% on Friday after a downbeat forecast signaled that the boom in AI was diverting enterprise spending away from its traditional data center chips.
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Technology
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
MOSCOW (Reuters) - Russian internet giant Yandex reported a 40% rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate spin-off.
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Mobile apps
Japan to levy big fines with new app rules
Japan’s cabinet approved April 26 legislation that would slap major fines on tech giants like Google or Apple if they block access to third-party smartphone apps and payment systems.
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AI
Inside Big Tech’s underground race to buy AI training data
Tech giants like Google, Meta and Microsoft-backed OpenAI initially used reams of data scraped from the Internet for free to train generative AI models like ChatGPT that can mimic human creativity. At the same time, these tech companies are also quietly paying for content locked behind paywalls and login screens, giving rise to a hidden trade in everything from chat logs to long forgotten personal photos from faded social media apps.
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Social media
Facebook scams demand stricter online rules, Japan lawmaker says
Japan must implement laws to better regulate companies like Meta Platforms Inc when they fail to address social media scams, the head of the ruling party’s digital promotion working group said.