Latest
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Technology
Grindr facing UK data lawsuit for allegedly sharing users' HIV status
LONDON (Reuters) -Gay dating app Grindr is facing a mass data protection lawsuit in London from hundreds of users who allegedly had their private information, including HIV status, shared with third parties without consent, a law firm said on Monday.
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Technology
EU threatens to suspend TikTok Lite's reward programme
BRUSSELS (Reuters) -TikTok Lite's reward programme may be suspended in the European Union on Thursday if TikTok is unable to address concerns about its possible addictive effect on children, the European Commission said on Monday as it opened a probe into the new app's launch in France and Spain.
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Technology
UAE-based AI firm G42 announces collaboration with U.S. group Qualcomm
CAIRO (Reuters) - United Arab Emirates-based artificial intelligence firm G42 said it had agreed a collaboration with U.S. group Qualcomm under which its subsidiary Core42 would feature Qualcomm's Cloud AI 100 products in its Condor AI platform, a G42 statement said.
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Technology
Short sellers pocket record weekly profit from Big Tech selloff
(Reuters) - Traders who bet against the "Magnificent 7" group of big U.S. tech stocks booked their biggest-ever weekly profit of more than $10 billion last week, with the biggest gains coming from their short position in shares of Nvidia and Tesla, Ortex data showed.
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Technology
Profit momentum of Big Six tech companies to 'collapse' over 2024, UBS says
(Reuters) - Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.
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Technology
ASML takes step toward major expansion in Eindhoven, Netherlands
AMSTERDAM (Reuters) -ASML, the largest supplier of equipment to computer chip makers, is considering a major expansion in the Dutch city of Eindhoven, an important step toward resolving doubts about where it will grow its operations in the future.
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Technology
Russian court sentences Meta spokesperson to six years in absentia
MOSCOW (Reuters) - A military court in Moscow on Monday sentenced Meta Platforms spokesperson Andy Stone to six years in prison for "publicly defending terrorism", a verdict handed down in absentia, RIA news agency reported.
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Technology
Broadcom's critics reject its cloud licensing changes
BRUSSELS (Reuters) -Broadcom's critics on Monday rejected the U.S. chipmaker's changes to its cloud licensing practices, saying they do not address their complaints about alleged price hikes, unfair software licensing terms and tying products together.
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Technology
PM: Malaysia to build massive chip design park
Malaysia's leader on April 22 announced plans to build a massive semiconductor design park, aiming to boost the South-East Asian nation's role in the global chip industry.
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Internet
Japan’s anti-monopoly body orders Google to fix ad search limits affecting Yahoo
Japan’s antitrust watchdog said on April 22 that US search giant Google must fix its advertising search restrictions affecting Yahoo in Japan.
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Mobile apps
The Chinese site that rewired online shopping
When Pinduoduo, the Chinese discount shopping app, debuted nearly a decade ago, tech giants Alibaba and JD.com dominated China’s ecommerce business.
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VR
The fried chicken is in New York. The cashier is in the Philippines.
The workers, all based in the Philippines and projected onto flat-screen monitors via Zoom, are summoned when an often unwitting customer approaches. Despite a 12-hour time difference with the New York lunch crowd, they offer warm greetings, explain the menu and beckon guests inside.
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Smartphones
Deputy constable under investigation for sharing naked screenshot of co-worker, US warrant shows
Four months after allegedly showing one of his bosses a naked picture of a coworker, a Harris County Precinct 3 constable deputy has been suspended and is the subject of a felony criminal investigation.
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Internet
Woman in S’pore obeyed online boyfriend and opened bank account used in Internet love scam
A married woman entered into a relationship with a man she met online, and agreed to open a bank account on his behalf.
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Gadgets
‘We are energy nerds.’ People are obsessing over home electricity gadgets
Higher power bills are making everyone more aware of their electricity use, and utilities are passing on price signals in the form of cheaper rates when demand is low and pricier rates when demand is high. Together, those factors are creating a new class of consumer: Call them the home energy nerds.
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Internet
Student in China rejected by Nanjing University after videos of him abusing cats went viral
A top student in China was rejected by a university after his history of cat abuse was exposed, reported Chinese media outlets.
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Driverless vehicle
An AI star seeks to bring self-driving cars to Japan by 2030
Issei Yamamoto became one of Japan’s best-known developers of artificial intelligence when his algorithm defeated the top-ranked player of Japanese chess. Now, he’s pursuing an even more challenging task of human emulation: achieving a fully self-driving automotive system.
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Technology
Automakers hope for a cut as two-way EV charging becomes real
LONDON (Reuters) - Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect.
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AI
InstaDeep CEO takes AI from Tunis to London
Karim Beguir launched the artificial intelligence startup InstaDeep in Tunisia in 2014 with just two computers and US$2,000 (RM9,568).
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Mobile apps
TikTok vows legal battle as the US presses for app’s sale or ban
TikTok told employees it will fight in the courts if a US bill forcing a ban or divestiture of the Chinese-owned app is signed into law, as one of the world’s most valuable technology businesses tries to fend off an existential crisis in its most important market.