U.S. manufacturing ETFs win assets as investors bet on ‘reshoring’
By Suzanne McGee (Reuters) - Investors are piling into exchange traded funds focused on companies that are reviving or expanding production in the U.S. and taking advantage of government subsidies. Some $2.25 billion has flowed into a small group of ETFs highlighting
Brazil top court lifts Starlink, X bank account freeze after $3 million transfer
By Ricardo Brito BRASILIA (Reuters) - Brazil's Supreme Court Justice Alexandre de Moraes decided to lift freezes previously imposed on Starlink and X bank accounts after ordering the transfer of 18.35 million reais ($3.3 million) from the accounts to the national
Italy tests AI-assisted teaching in schools to boost IT skills
By Alberto Chiumento, and Marta Di Donfrancesco ROME (Reuters) - Italy is introducing artificial intelligence in its schools as Prime Minister Giorgia Meloni's government explores new ways to close the country's digital skills gap with other European Union members. Education Minister Giuseppe
TikTok faces crucial court hearing that could decide fate in US
By David Shepardson WASHINGTON (Reuters) - TikTok and parent company ByteDance face a key court hearing on Monday in a legal battle seeking to block a law that could ban the app used by 170 million Americans as soon as Jan.
Crypto firm Circle to move headquarters to New York City ahead of planned IPO
By Hannah Lang (Reuters) - Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this year for a U.S. initial public offering. Circle plans to open its
23andMe settles data breach lawsuit for $30 million
By Jonathan Stempel (Reuters) - 23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information was exposed
X unlikely to fall under landmark EU tech rules, source says
By Foo Yun Chee BRUSSELS (Reuters) - Elon Musk's X social media platform is unlikely to be subjected to landmark EU tech rules which aim to rein in the power of Big Tech because it does not meet the rules' gatekeeper
Disney, DirecTV reach deal, restoring programming for 11 million satellite TV viewers
By Dawn Chmielewski (Reuters) - Walt Disney and DirecTV announced they have reached an agreement in principle on Saturday, restoring college football and other programming to the satellite TV provider's more than 11 million subscribers. The deal affords satellite TV subscribers greater
Iran launches second satellite this year into orbit, state media says
By Mark Potter and Alex Richardson (Reuters) - Iran on Saturday launched a research satellite into orbit with a rocket built by the Revolutionary Guards, state media reported. The launch comes as the United States and European countries accuse Iran of transferring