Hewlett Packard Enterprise raises annual profit forecast on AI strength
By Zaheer Kachwala (Reuters) - Hewlett Packard Enterprise raised its annual profit forecast on Wednesday, as demand for artificial intelligence servers continues to pick up owing to higher investments in AI infrastructure by businesses. However, shares of HPE fell nearly 3% in
Colombia’s Petro calls for investigation into Pegasus software purchase
By Luis Jaime Acosta and Oliver Griffin BOGOTA (Reuters) - Colombia's President Gustavo Petro on Wednesday asked the attorney general's office to investigate the $11 million purchase of Pegasus spy software, which he said could have been used to spy on
BYD’s global expansion push runs into stiff Japan test
By Daniel Leussink YOKOHAMA, Japan (Reuters) - BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to boost sales in a market that has become a stumbling block in the Chinese automaker's global
U.S. stocks tumble as September starts, investors cool on chips
By Suzanne McGee, Noel Randewich, Chuck Mikolajczak, Chibuike Oguh, David Randall, Laura Matthews and Carolina Mandl; (Reuters) - Wall Street's main indexes slid on Tuesday, with the S&P 500 down more than 2% and the Nasdaq Composite down over 3% as
Nvidia suffers record $279 billion loss in market value as Wall St drops
By Noel Randewich and Suzanne McGee (Reuters) - Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad
No link between mobile phones and brain cancer, WHO-backed study says
By Jennifer Rigby LONDON (Reuters) - There is no link between mobile phone use and an increased risk of brain cancer, according to a new World Health Organization-commissioned review of available published evidence worldwide. Despite the huge rise in the use of
US safety commissioners call for investigation into Shein, Temu
By Arriana McLymore NEW YORK (Reuters) - Two leaders of the U.S. Consumer Products Safety Commission are calling for the agency to investigate e-commerce retailers Shein and Temu after "deadly baby and toddler products" were sold on both websites, according to
HP to continue $4 billion damages case against Mike Lynch
By Sourasis Bose (Reuters) - Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK. The U.S. company had been seeking compensation over its
Safran buys AI firm Preligens for 220 million euros
By Michal Aleksandrowicz (Reuters) - French jet engine maker Safran said on Monday it had struck a deal to buy AI firm Preligens for 220 million euros ($243.3 million). Preligens, which specialises in artificial intelligence for aerospace and defense, will be renamed