Hedge funds call time on tech rally, banks say
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23,…
US achieves first moon landing in half century with private spacecraft
By Steve Gorman and Joey Roulette (Reuters) – A spacecraft built and flown by Texas-based company Intuitive Machines landed near the moon’s south pole on Thursday, the first U.S. touchdown…
L’Oréal unveils AirLight Pro hair dryer that adjusts to your hair type
L’Oréal Groupe introduced AirLight Pro, an innovative hair-drying tool developed in collaboration with professional stylists, catering to both beauty professionals and consumers. Created in partnership with Zuvi, a startup founded by…
Nvidia stock surges as revenue forecast tops estimates, AI demand continues
By Arsheeya Bajwa and Max A. Cherney (Reuters) – Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering…
Why doesn’t Microsoft make a handheld console?
Microsoft handheld console: In the wake of the popularity of handheld consoles such as Steam Deck and Nintendo Switch, the big IT giants are paying more and more attention to this…
Black Hat announces content lineup for Black Hat Asia 2024
Black Hat, the cybersecurity industry’s most established and in-depth security event series, today announced the release of its content lineup for Black Hat Asia 2024. The live, in-person event will take…
Nintendo shares slide on reports of delayed Switch successor release
By Sam Nussey TOKYO (Reuters) – Nintendo shares fell 6% on Monday after reports by games media and Bloomberg that its next-generation console will be delayed until early 2025 from…
Galaxy AI marks the end of smartphones to buy every year
At the launch of the new Galaxy S24s, Samsung confirmed the arrival of Galaxy AI, its artificial intelligence, on past phones such as the Galaxy S23. This will make it less…
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
By Akash Sriram (Reuters) – Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company…
Job cuts spill beyond tech sector
By Zaheer Kachwala, Harshita Mary Varghese, Samrhitha Arunasalam, Arsheeya Bajwa, Priyanka.G and Jaspreet Singh (Reuters) – Several U.S. and Canadian companies, mostly in sectors such as technology and media, have…