Tag Archives: technology
Metaverse could contribute up to 2.4% of US GDP by 2035 – study
(Reuters) - The metaverse could contribute as much as $760 billion or about 2.4% to U.S. annual gross domestic product (GDP) by 2035, according to a study commissioned by Facebook owner Meta Platforms...
May 09, 2023
Alphabet-backed Anthropic outlines the moral values behind its AI bot
By Stephen Nellis (Reuters) - Anthropic, an artificial intelligence startup backed by Google owner Alphabet Inc, on Tuesday disclosed the set of written moral values that it used to train and make saf...
May 09, 2023
Coinbase ex-manager sentenced to 2 years in prison in US insider trading case
By Jody Godoy NEW YORK (Reuters) - Ishan Wahi, a former Coinbase Global Inc product manager, was sentenced on Tuesday to two years in prison in what U.S. prosecutors have called the first insider trad...
May 09, 2023
Walmart takes fintech plunge into Mexico’s risky marketplace
By Diego Or MEXICO CITY (Reuters) - U.S. retail giant Walmart wants to get on top of Mexico's fintech market with its Cashi digital wallet, yet analysts say its drive is strewn with potential pitfalls...
May 09, 2023
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
(Reuters) - GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping sales of smartphones and other consumer electronics, sending i...
May 09, 2023
Porsche to incorporate Mobileye automated driving and navigation software
BERLIN (Reuters) - Porsche will incorporate automated assistance and navigation functions from Mobileye's so-called "SuperVision" technology platform in future models, Mobileye said on Tuesday. The ag...
May 09, 2023
IBM unveils new watsonx, AI and data platform
By Jane Lanhee Lee OAKLAND, California (Reuters) - International Business Machines Corp on Tuesday launched watsonx, a new artificial intelligence and data platform to help companies integrate AI in t...
May 09, 2023
Airwallex expands to Israel, seeks cyber security acquisitions
JERUSALEM (Reuters) - Global payments firm Airwallex said on Tuesday it was opening an office in Israel this week as part of plans to expand in the Middle East and globally. Founded in Australia, the ...
May 09, 2023
TIMELINE-China’s steps to control its data and information
By Josh Ye HONG KONG (Reuters) - A Chinese investigation of consulting firm Capvision Partners over national security concerns is the latest step in a years-long campaign by Beijing to tighten control...
May 09, 2023
Japan’s Mitsubishi Electric to build India plant for $231 million
BENGALURU (Reuters) - The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees ($231.2 million) to set up a manufacturing facility in the southern st...
May 09, 2023
