TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Tuesday it expects its performance to be better in the second half of the year than the first. First half revenue is expected to drop 10% year-on-year in U.S. dollar terms, CEO C.C. Wei told the company’s annual shareholders meeting. (Reporting by Faith Hung and Ben Blanchard;…
(Reuters) – Apple Inc unveiled its first augmented-reality (AR) headset, as well as a series of upgrades to its devices and software, at the company’s annual developers conference on Monday. Apple’s Vision Pro, pitted against Meta Platforms Inc’s Quest line and PlayStation VR from Sony Group, marks the iPhone maker’s foray into a new product…
By Angus Berwick and Tom Wilson LONDON (Reuters) – A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. U.S. lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of…
By Hannah Lang, John McCrank and Sinéad Carew (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday after the U.S. securities regulator sued crypto exchange Binance, another blow to the industry. The U.S. Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao for secretly controlling Binance.US as part of…
By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as investors mulled whether the Federal Reserve will refrain from raising rates in June after data last week showed slowing U.S. wage growth, while oil prices steadied after Saudi Arabia vowed big output cuts. The benchmark…
By Stephen Nellis CUPERTINO, California (Reuters) – Apple Inc barged into Meta’s metaverse party on Monday, unveiling an augmented-reality headset called the Vision Pro, its riskiest and biggest bet since the introduction of the iPhone. Vision Pro will start at $3,499, more than three times the cost of the priciest headset in Meta’s line of…
WASHINGTON (Reuters) – The Chinese government will seek artificial intelligence regulations in its country, billionaire Elon Musk said on Monday, saying he learned about that from his conversations with officials during his recent trip to China. (Reporting by Kanishka Singh in Washington; Editing by Leslie Adler)
By Stephen Nellis CUPERTINO, California (Reuters) – Apple Inc unveiled an augmented-reality headset called the Apple Vision Pro at its annual software developer conference on Monday, its first big move into a new product category since the introduction of the Apple Watch nine years ago. CEO Tim Cook described it as “spatial computing” with the…
By Maria Ponnezhath and Clark Mindock (Reuters) – A U.S. judge on Monday granted a delay of a trial in a lawsuit brought by a Florida city against industrial conglomerate 3M Co over water contamination from toxic “forever chemicals,” after the parties said they were close to a settlement. 3M shares were down about 3%…
(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company’s market value remained short of an all-time peak of $3 trillion. Apple is expected to launch a mixed-reality headset at its Worldwide Developers Conference (WWDC) later in the…
