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.

Technology

KPMG to spend $100 million on AI partnership with Google Cloud

SAN FRANCISCO (Reuters) - - KPMG said on Wednesday it would spend $100 million over the next four years to bolster its enterprise artificial intelligence services through a partnership with Alphabet's Google Cloud.

Technology

Comcast to spin off some cable TV networks as streaming dominates

(Reuters) -Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in the streaming era.

Technology

Google faces call from DuckDuckGo for new EU probes into tech rule compliance

BRUSSELS (Reuters) - Alphabet's Google faced a call on Wednesday for additional investigations into its compliance with landmark European Union rules aimed at reining in Big Tech.

Technology

Northvolt appoints restructuring expert to oversee main battery plant

COPENHAGEN (Reuters) - Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in northern Sweden, a company spokesperson said on Wednesday.

Technology

Chinese robotaxi firm Pony AI seeks up to $4.55 billion valuation in upsized US IPO

(Reuters) - Chinese autonomous driving firm Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States.

Technology

Apple makes $100 million investment proposal for new plant in Indonesia

JAKARTA (Reuters) - Tech giant Apple has made a $100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday.

Technology

Apple urges judge to end US smartphone monopoly case

NEW YORK (Reuters) -Apple asked a federal judge on Wednesday to dismiss the U.S. Department of Justice's case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.

Technology

Japan government plans to invest $1.3 billion in chipmaker Rapidus in FY2025, Nikkei says

bsTOKYO (Reuters) - The Japanese government plans to invest 200 billion yen ($1.28 billion) in semiconductor startup Rapidus in the year starting April 2025 to help it meet its target of starting commercial production in 2027, the Nikkei business daily said on Wednesday.

Technology

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

(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

OpenAI launches free AI training course for teachers

(Reuters) - OpenAI and non-profit partner Common Sense Media have launched a free training course for teachers aimed at demystifying artificial intelligence and prompt engineering, the organizations said on Wednesday.

TECH

Mosti plans to use WBS to expand nationwide mobile broadband coverage

The adoption of the Wireless Bridging System (WBS), which leverages existing resources for Internet connectivity, is seen as the best solution to realise the aspiration of achieving 100% mobile broadband coverage nationwide by 2025.

Nation

JPJ to introduce road tax expiry notifications on MyJPJ app

KUALA LUMPUR: The Transport Ministry, through the Road Transport Department (JPJ), plans to introduce a notification feature on the MyJPJ app to alert users of their Motor Vehicle Licence (LKM) expiry dates.

Technology

ECB warns of 'bubble' in AI stocks as funds deplete cash buffers

FRANKFURT (Reuters) - The European Central Bank warned on Wednesday about a "bubble" in stocks related to artificial intelligence (AI), which could burst abruptly if investors' rosy expectations are not met.

Internet

The Onion’s bid to acquire Infowars has gotten messy

There was a merry triumphalism to the announcement last week that The Onion, a satirical outlet based in Chicago, won an auction to acquire the conspiracy site Infowars out of bankruptcy.