Latest
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Technology
Exclusive-Google rival Tuta complains to EU tech regulators about de-ranking
BRUSSELS (Reuters) - German email service Tuta Mail has complained to European Union tech regulators about what it described as a sudden drop in Google search results on the day the bloc's new tech rules kicked in.
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Technology
Microsoft's AI lead puts Amazon cloud dominance on watch
(Reuters) - Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology.
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Technology
TE Connectivity beats quarterly profit estimates on sensor demand
(Reuters) - TE Connectivity beat Wall Street estimates for second-quarter profit on Wednesday, helped by strong demand for its sensor technology from electric vehicle (EV) makers across the globe.
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Technology
UK watchdog seeks views on Microsoft's and Amazon's AI partnerships
(Reuters) -Britain's competition watchdog said on Wednesday it was seeking comments on the AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
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Technology
Texas Instruments' upbeat Q2 forecast pushes chip stocks higher
(Reuters) -Texas Instruments jumped around 6.5% on Wednesday, sparking a rally in chip stocks as its strong second-quarter revenue forecast fanned optimism that chip demand was picking up after a years-long slump.
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Internet
Italy fines Amazon over ‘recurring’ purchase option
Italy’s competition authority said April 24 it had fined two Amazon companies €10mil (RM51.04mil) for unfair commercial practices, for pushing customers into agreeing to “recurring” rather than “one-time” purchases online.
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Technology
Taiwan chipmaker UMC warns of muted auto, industrial demand
TAIPEI (Reuters) - Taiwanese chipmaker UMC said on Wednesday it expected a rise in wafer shipments in the second quarter as inventory levels for computing, consumer and communications segments improved, but warned of muted auto and industrial demand.
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Technology
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears
(Reuters) - Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries about growth with a prediction that sales would rise this year and said it would roll out more affordable models in early 2025.
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Social media
TikTok ban looms with Biden poised to start 270-day countdown
For TikTok, the clock has started running in its existential fight to avoid a US ban.
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Internet
Computer-generated fake nudes discovered by victims on the Internet, Florida cops say
A rapidly spreading form of sexual exploitation hit home for three people in Florida, when they discovered surreal nude photos of themselves posted on the Internet, according to investigators.
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Technology
SK Hynix to invest $3.86 billion in DRAM chip production base in South Korea
SEOUL (Reuters) - South Korean memory chipmaker SK Hynix said on Wednesday it plans to invest 5.3 trillion won ($3.86 billion) to build a chip factory for a new dynamic random access memory (DRAM) chip production base in South Korea.
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TECH
Trend Micro: Malaysia records 69% decline in ransomware detections in 2023
The Calibrating Expansion: Annual Cybersecurity Threat Report also showed a year-over-year reduction in a number of other threats in Malaysia, with a 52% decline in malicious hosted URL threats being the most notable.
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Social media
Australia’s top spy urges big tech to unravel encrypted chats
Australia’s top spy on April 24 urged greater cooperation from the big tech companies, asking them to break a long-held industry taboo by providing access to encrypted messages.
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Internet
74-year-old accused of robbing bank at gunpoint may have been victim of scam, US cops say
A 74-year-old woman was arrested after police say she robbed a bank in Pennsylvania at gunpoint.
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Technology
Italy fines Amazon 10 million euros for alleged unfair commercial practices
MILAN (Reuters) - Italy's antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday.
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Technology
Filtronic's shares surge 50% on deepening supply deal with Musk's SpaceX
(Reuters) -Filtronic's shares surged 50% to a decade-high on Wednesday after the British engineering group deepened its partnership with SpaceX's Starlink platform and gave the Elon Musk-controlled company the option to take a stake.
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Streaming
Americans’ new TV habit: Subscribe. Watch. Cancel. Repeat.
Americans are getting increasingly impulsive about hitting the cancellation button on their streaming services.
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Internet
Google postpones phasing out of ad cookies in Chrome browser
Google delayed its plan to phase out cookies, software that lets marketers track users, in its Chrome browser this year, pushing to 2025 a move that will ultimately transform how advertisements are targeted on websites.
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Internet
Girl in China dips feet into lake at historic Beijing site, says family is rich so can do as she pleases after warning
Young woman visits lake at Old Summer Palace, dangles feet over side of boat. Staff ask her to stop, she insolently refuses, threatens to jump in water.
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Internet
First Covid, now heat: Online schooling returns to the Philippines
As soaring temperatures drive thousands of Filipino schools to send pupils home, what is the cost to children's education?