Latest

Technology

BOJ's Ueda warns AI could bring new financial stability risks

TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in the area of artificial intelligence (AI), could bring new risks to financial stability.

TECH

Unifi Mobile tops 5G speed test in Opensignal report

Opensignal's "Mobile Network Experience Report" ranked Unifi Mobile as having the fastest 5G download speed between August and October, averaging 290.3Mbps.

Operating systems

Developers look ahead to new features coming in Android 16

Google has launched a first test version of Android 16, aimed at developers. It introduces several noteworthy new features, notably in the fields of music and health.

Mobile apps

Public Bank to launch Caller Authentication to combat impersonation scams

The feature is only available to users who have activated PB SecureSign, which allows users to authenticate banking transactions using biometrics like fingerprint and facial recognition, or Pin.

Smartphones

Indonesia to assess US$100mil Apple bid to end iPhone 16 ban

The bans are the latest example of Indonesia playing hardball as new President Prabowo Subianto seeks to pressure international firms to boost local manufacturing, which would be a boon for domestic industries.

Technology

Google must sell Chrome to restore competition in online search, DOJ argues

(Reuters) - Alphabet's Google must sell its Chrome browser, share data and search results with rivals and take other measures - including possibly selling Android - to end its monopoly on online search, prosecutors argued to a judge on Wednesday.

Technology

Bitcoin approaches $100,000 on optimism over Trump crypto plans

SINGAPORE/LONDON/NEW YORK (Reuters) -Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of Republican Donald Trump as U.S. president spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.

Technology

Forget driverless cars. One company wants autonomous helicopters to spray crops and fight fires

Rotor has built two autonomous Sprayhawks and aims to have as many as 20 ready for market next year. The company also is developing helicopters that would carry cargo in disaster zones and to offshore oil rigs. The helicopter could also be used to fight wildfires.

Technology

Want to be chief of staff at India's Zomato? CEO says forget salary, pay $23,700 fee

NEW DELHI (Reuters) - The CEO of Indian food delivery giant Zomato has stoked a public debate by advertising a chief of staff job with an unusual twist: there will be no salary initially and the position instead comes with a 2 million rupee ($23,700) "fee".

Technology

Exclusive-Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say

TOKYO (Reuters) - Bain-backed Kioxia will have a market value of about 750 billion yen ($4.84 billion) based on the indicative price for its initial public offering, with the chipmaker to receive listing approval from the Tokyo bourse on Friday, two sources said.

Technology

Nvidia's supply snags limit deliveries even as demand booms

SAN FRANCISCO/BENGALURU (Reuters) -Nvidia's revenue forecast on Wednesday raised questions over whether the artificial intelligence boom is waning. But the answer, according to company executives, analysts and investors, is a resounding no.

Internet

Australia won't force social media users to share their personal details when child ban takes effect

Australia's communications minister said Wednesday the government won't force social media users to hand over their personal information to tech companies, as children younger than 16 are set to be banned from the platforms.

AI

AI urine analysis predicts infection in lung disease patients

The research involved patients carrying out a simple daily dipstick test on their urine – similar to a lateral flow test – and sharing the results with experts using their mobile phone.

Technology

Palo Alto tops revenue and profit estimates on steady cybersecurity demand

(Reuters) - Palo Alto Networks beat Wall Street expectations for first-quarter revenue and profit on Wednesday, owing to healthy spending for its cybersecurity services amid a rise in digital threats.

Technology

Reddit deploys fix for outage affecting thousands in US

(Reuters) - Reddit said on Wednesday it has rolled out a fix for a software bug that prevented tens of thousands of people from accessing the social media platform in the U.S.

Video games

Can online games lead to better job performance? A study says gamers can bring workplace value

MMO gamers may actually develop problem solving, leadership and conflict resolution skills that make them better-suited for the workplace than their non-gaming counterparts.

Technology

Snowflake lifts product revenue forecast, enters AI deal with Anthropic

(Reuters) -Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI firm Anthropic to build up its cloud services, sending its shares surging around 19% in extended trading.

Technology

Nvidia's AI chip demand still booming but slowing sales growth worries investors

SAN FRANCISCO (Reuters) - Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world's most valuable firm.

Technology

US charges five in 'Scattered Spider' hacking scheme

(Reuters) - U.S. prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a loose-knit community of hackers suspected of breaking into dozens of U.S. companies to steal confidential information and cryptocurrency.

Technology

US finalizes $1.5 billion chips award for GlobalFoundries to expand production

WASHINGTON (Reuters) - The U.S. Commerce Department said Wednesday it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand semiconductor production in Malta, New York and Vermont.