Tag Archives: technology
EV battery firm CATL’s Sept China market share slumps, bodes ill for Q3 results
BEIJING (Reuters) - Electric battery giant CATL saw its China market share tumble to the lowest in more than a year in September, data showed, underscoring the challenges it faces from smaller rivals ...
Oct 18, 2023
SAP posts 16% jump in Q3 cloud business revenue
(Reuters) - Business software maker SAP's cloud business revenue rose by 16% in the third quarter on the back of its application services and HANA software, the company said on Wednesday. SAP's cloud ...
Oct 18, 2023
Musk considers removing X platform from Europe over EU law – Insider
(Reuters) - Elon Musk, owner of social media platform X, is considering removing the service formerly called Twitter from Europe in response to a new internet platform regulation in the region, news s...
Oct 18, 2023
Amazon to launch drone deliveries in Italy and UK in late 2024
(Reuters) - Amazon said on Wednesday it was planning to begin delivering packages through drones in Britain, Italy and a third location in the United States, as part of the e-commerce giant's efforts ...
Oct 18, 2023
OpenAI in talks to sell shares at $86 billion valuation – Bloomberg News
(Reuters) - ChatGPT creator OpenAI is in talks to sell existing employees' shares at an $86 billion valuation, Bloomberg News reported citing people with knowledge of the matter. (Reporting by Jaspree...
Oct 18, 2023
Music publishers sue AI company Anthropic over song lyrics
By Blake Brittain (Reuters) - Music publishers Universal Music, ABKCO and Concord Publishing sued artificial intelligence company Anthropic in Tennessee federal court on Wednesday, accusing it of misu...
Oct 18, 2023
Lam forecasts revenue below estimate as chip industry faces weak demand
(Reuters) - Chip-making tools supplier Lam Research forecast second-quarter revenue slightly below Wall Street estimates on Wednesday, as demand from chipmakers remained under pressure due to sluggish...
Oct 18, 2023
Sam Bankman-Fried trial jury sees his profane message about regulators
(Note language in paragraph 5 that readers may find offensive) By Luc Cohen NEW YORK (Reuters) - A U.S. judge on Wednesday overruled objections by Sam Bankman-Fried's lawyers and allowed jurors in the...
Oct 18, 2023
Mexican fintech Stori looks to lure new savers with higher yields
By Valentine Hilaire MEXICO CITY (Reuters) - Mexican financial startup Stori on Wednesday began offering a savings account with the unusually high yield of 15%, a senior executive told Reuters, in a s...
Oct 18, 2023
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) - A shareholders' proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook users' data in 2017 and 2018 was revived by a U.S. appeals court o...
Oct 18, 2023
