Cisco sees recovery in equipment demand, cuts 7% jobs globally
By Juby Babu (Reuters) – Cisco Systems said on Wednesday it was witnessing rebounding demand for its networking equipment and announced a 7% cut in its global headcount to focus…
Siemens expands management board as focus shifts to AI
By Alexander Hübner BERLIN (Reuters) – Siemens’ supervisory board aims to speed up the transition to a technology-focused enterprise by expanding its management board to seven members from five, the…
EU tariffs on China not a ‘punishment’, says German economy minister
By Maria Martinez BEIJING (Reuters) – Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday. Habeck’s…
Chinese e-commerce giants face delicate balance between discounts, profit
By Casey Hall SHANGHAI (Reuters) – Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in…
Cryptoverse: Ether fettered by fate of spot ETF proposals
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin. The no. 2 cryptocurrency, which commands less than a…
What is bitcoin’s ‘halving’, and does it matter?
By Elizabeth Howcroft and Tommy Reggiori Wilkes, LONDON (Reuters) – As bitcoin’s price reaches new heights, attention is turning to its upcoming “halving” and whether it is playing a role…
Nobel laureates sound alarm as Argentina cuts science funding
By Lucila Sigal BUENOS AIRES (Reuters) – Sixty-eight Nobel laureates in chemistry, medicine, economics, and physics sent a letter on Wednesday to Argentine President Javier Milei voicing concern that cuts…
UK drone superhighway will be completed by 2024
Altitude Angel is on the brink of completing a monumental feat in modern transportation: the world’s largest and most extensive drone superhighway network, slated for full realization by May 2024. Currently…
Cryptoverse: Will bitcoin behave better on Wall Street?
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may…
Microsoft, AFL-CIO reach deal on AI, labor neutrality
By David Shepardson WASHINGTON (Reuters) – Microsoft and the AFL-CIO union federation said Monday they had struck a deal whereby the U.S. software giant will remain neutral in efforts by…