AI boom set to fuel data centre deals in Asia this year
By Scott Murdoch, Kane Wu and Yantoultra Ngui SYDNEY/HONG KONG/SINGAPORE (Reuters) – Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments…
Microsoft to invest $2.2 billion in cloud and AI services in Malaysia
By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) – Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country’s digital transformation, the company…
Global elections at risk: the growing threat of AI-generated deepfakes
Deepfakes featuring two of India’s top Bollywood actors have stirred up controversy online, portraying them as critical of Prime Minister Narendra Modi and endorsing the opposition Congress party in the nation’s ongoing general election.…
Analysis-When Facebook blocks news, studies show the political risks that follow
By Byron Kaye (Reuters) – Since Meta blocked links to news in Canada last August to avoid paying fees to media companies, right-wing meme producer Jeff Ballingall says he has…
US lawmakers angry after Huawei unveils laptop with new Intel AI chip
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – Republican U.S. lawmakers on Friday criticized the Biden administration after sanctioned Chinese telecoms equipment giant Huawei unveiled a laptop this week…
Meta overhauls rules on deepfakes, other altered media
By Katie Paul NEW YORK (Reuters) – Facebook owner Meta announced major changes to its policies on digitally created and altered media on Friday, ahead of U.S. elections poised to…
Tesla casts doubt on the quest for a Model T of EVs
By Joseph White DETROIT (Reuters) – Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once promised to do the same for electric cars with…
Singtel rules out selling Australian unit Optus
By Roushni Nair (Reuters) – Singapore Telecommunications (Singtel), Southeast Asia’s largest telecom operator, reiterated on Wednesday that there was no “impending deal” to divest its Australian telecom unit Optus. Singtel,…
GameStop shares fall as video game retailer faces competition, weak spending
Βy Jaspreet Singh and Arsheeya Bajwa (Reuters) – GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the…
GameStop faces ‘unsustainable’ sales decline, cuts jobs to control costs
By Priyanka G and Harshita Mary Varghese (Reuters) – Videogame retailer GameStop said on Tuesday it had cut an unspecified number of jobs to reduce costs and reported lower fourth-quarter…