AI’s use in finance may need new rules, ECB says
By Francesco Canepa FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm…
Chipmaker Wolfspeed forecasts quarterly revenue below estimates as EV sales growth slows
By Akash Sriram (Reuters) – Chipmaker Wolfspeed forecast current-quarter revenue below estimates on Wednesday as automakers grapple with high inventory levels due to slower-than-expected EV sales growth. Shares of the…
Netflix slips as move to end sharing subscriber count raises growth doubts
By Roshan Abraham and Harshita Mary Varghese (Reuters) – Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning…
Samsung, the first ‘Ultra’ foldable will arrive with Galaxy Z Fold 6
It has been rumoured for some time now that, like Vivo, Samsung will for the first time offer two foldable, folding smartphone models this year, and over the weekend, colleagues…
Varda raises $90 million to fuel space manufacturing efforts
By Jaspreet Singh and Akash Sriram (Reuters) – Varda Space Industries, a startup that is developing technology to produce drugs autonomously in space, said on Friday it has raised $90…
The British Library hack is a clear warning for all libraries
Recently, the British Library’s computer systems were the victims of an assault orchestrated by the infamous ransomware group Rhysida. This attack resulted in numerous essential systems of the Library being…
China relaxes security review rules for some data exports
By Ella Cao, Ethan Wang and Brenda Goh BEIJING (Reuters) – China’s cyberspace regulator on Friday issued rules to facilitate and regulate cross-border data flow, clarifying reporting standards for security…
Investors greenlight Trump’s $5.7 billion social media deal
By Helen Coster, Svea Herbst-Bayliss (Reuters) – Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors…
China to step up quantum computing, AI efforts as it aims for tech self-sufficiency
By Beijing Newsroom and Shanghai Newsroom BEIJING (Reuters) – China will formulate development plans for emerging industries including quantum computing and will continue striving towards achieving self-sufficiency in technology, according…
Google closes the era of free AI with Gemini Advanced
Forget the era of free Internet because paid services will characterise the revolution that is coming with artificial intelligence. Google has confirmed this with Gemini Advanced, the most advanced version of…