Companies need more AI competency at board level, Norway’s wealth fund says
By Gwladys Fouche ARENDAL, Norway (Reuters) – Companies need to do more to get to grips with AI at board level to govern how it is being used and to…
Shopee-owner Sea signals strong online shopping momentum with revenue beat
By Yuvraj Malik (Reuters) – Sea Ltd beat revenue estimates for the second quarter and raised its forecast for e-commerce platform Shopee, signaling robust demand for online shopping in Southeast…
The evolution of colour cartoons: from the first to the future
The world of animation has undergone a remarkable transformation since its inception, and one of the most significant milestones in this journey was the advent of colour cartoons. The first…
Human bones in Spain likely those of mediaeval bishop behind popular pilgrimage, study shows
By David Latona MADRID (Reuters) – Remains found in a tomb in northwestern Spain are likely to belong to a ninth-century bishop believed to have helped create the Camino de…
UK revisits social media regulation after far-right riots
By Martin Coulter LONDON (Reuters) – The British government is considering changes to the Online Safety Act designed to regulate social media companies, following a week of racist rioting driven…
Walt Disney warns theme park revenue to fall, profit slips
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney predicted a ‘moderation in demand’ at its theme park business in coming quarters, overshadowing the success of the…
Reddit forecasts quarterly revenue above estimates on strong ad spend
By Jaspreet Singh (Reuters) – Reddit forecast third-quarter revenue above Wall Street estimates on Tuesday, a sign that a recovering digital ad market would draw more advertisers to the social…
Airbnb forecasts lower third-quarter revenue as economic worries slow demand
By Aishwarya Jain and Doyinsola Oladipo (Reuters) -Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the last minute to…
Chinese battery maker CATL invests in electric aircraft developer Autoflight
By Shanghai Newsroom SHANGHAI (Reuters) – Chinese battery-making giant CATL signed a pact on Saturday to invest several million dollars in Autoflight, the developer of electric aircraft said in a…
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
By Hong Kong newsroom HONG KONG (Reuters) – Shares of China Evergrande New Energy Vehicle fell 7% in Monday morning trade after individual creditors of two of its units sought…