Technology

Stellantis unveils technology to support flexible EV and hybrid auto production

DETROIT (Reuters) - Stellantis is preparing to navigate the turbulent electric-vehicle transition with a new vehicle system that will support assembly of gasoline, hybrid and electric models, providing flexibility that will be especially important with Donald Trump returning to the White House.

Technology

Trump's pro-business policies to benefit India's IT sector, Wipro chair says

BENGALURU (Reuters) - Donald Trump's presidency in the United States is going to be "pro-business and pro-growth" and good for the tech services industry, Wipro Executive Chairman Rishad Premji said at an event in the southern Indian city of Bengaluru on Tuesday.

Technology

Microsoft launches two data center infrastructure chips to speed AI applications

SAN FRANCISCO (Reuters) - Microsoft has designed two additional infrastructure chips for its data centers that will help speed artificial intelligence operations and increase data security, it said on Tuesday at its Ignite conference.

Technology

Robinhood to acquire TradePMR for $300 million to boost advisory business

(Reuters) - Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday.

Technology

Super Micro surges as AI server maker hires new auditor, seeks filing extension

(Reuters) -Shares of Super Micro Computer soared about 23% in early trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.

Technology

Microsoft-backed startup d-Matrix launches first AI chip

(Reuters) - Silicon Valley startup d-Matrix on Tuesday said it is shipping its first AI chip aimed at delivering services such as chatbots and video generators.

Technology

Alphabet's AI partnership with Anthropic no longer under UK scrutiny

(Reuters) - Britain's competition watchdog said on Tuesday the partnership between Google-parent Alphabet and artificial intelligence startup Anthropic did not qualify for investigation under the merger provisions.

Technology

German police clear protest site at Tesla gigafactory

BERLIN (Reuters) - A camp of protesters opposed to the expansion of U.S. electric vehicle maker Tesla's plant in Grueneheide near Berlin is being cleared, a police spokesperson said on Tuesday.

Technology

Cryptoverse: 'Elation' as bitcoin basks in Trump glow

(Reuters) - Joe McCann was sitting in his Miami condo, eyes glued to screens flashing with bitcoin trades as the American election results rolled in.

Technology

Nvidia's options primed for $300-billion price swing after earnings

NEW YORK (Reuters) - Options traders are primed for a nearly $300-billion swing in Nvidia's market value following the chipmaker's quarterly results on Wednesday, U.S. options market data showed.

Technology

Launch costs hit Sonova's profit, as it bets on new product with AI tech

(Reuters) - Sonova reported half-year core profit below market expectations on Tuesday, hit by costs related to the launch of its new AI-boosted hearing device which it is betting on to regain market share.

Technology

XPeng forecasts quarterly revenue above estimates

(Reuters) - Chinese electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday, thanks to new car models and improving domestic market.

Technology

Indian news agency ANI sues OpenAI for unsanctioned content use in AI training

NEW DELHI (Reuters) - Indian news agency ANI has sued OpenAI in a New Delhi court, accusing the ChatGPT creator of using its published content without permission to help train the artificial intelligence chatbot, something that OpenAI says it has stopped doing.

Technology

Meta disagrees with India antitrust ruling on WhatsApp, to mount legal challenge

(Reuters) -Meta Platforms said on Tuesday it disagreed with an order by India's competition watchdog that placed data-sharing restrictions between WhatsApp and its other applications and said it would legally challenge the order.

Technology

Has Apple's latest update solved the final problem of lost luggage?

The advent of AirTags has made tracking down lost luggage far simpler, and yet one final hurdle to getting your bag back remained: telling the airline where it is so they can get it for you.

Technology

Can the Trump-Musk 'bromance' last?

"I can't get him out of here," Trump joked about Musk at his Mar-a-Lago resort in Florida last Thursday.

Technology

Thai fimin says phase two of digital wallet will cover 4 million people

BANGKOK (Reuters) - The second phase of the Thai government's "digital wallet" handout scheme will cover 4 million people and total 40 billion baht ($1.16 billion), Finance Minister Pichai Chunhavajira said on Tuesday.

AI

AI: this fake granny can drive scam callers to distraction

A UK mobile network operator has come up with an innovative solution for discouraging scam callers. It has developed an artificial intelligence tool capable of holding conversations with scammers and keeping them on the line for as long as possible.

Technology

India's Zomato expects food delivery business to grow 30% annually over 5 years, exec says

CHENNAI (Reuters) - Indian food delivery major Zomato expects its key meal delivery business to grow at an annual rate of 30% over the next five years, a top executive said, hailing the listing of SoftBank-backed peer Swiggy as a boost for the sector.

Smartphones

Realme GT 7 Pro debuts with Snapdragon Elite 8, AI underwater camera at RM3,699

Smartphone maker Realme unveiled its new flagship, the GT 7 Pro, claiming it to be the first device officially launched in Malaysia powered by a Snapdragon 8 Elite processor.