By Mike Stone WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale of CH-47F Chinook helicopters and related equipment to Germany for as much as $8.5 billion, the Pentagon said on Thursday. Germany announced its intent to buy 60 Chinook heavy-lift helicopters from Boeing last year to replace its ageing CH-53 fleet….
By David Shepardson WASHINGTON (Reuters) -The chair of a U.S. House of Representatives committee on China’s Communist Party and other lawmakers on Thursday raised “deep concern” and sought answers over reports Chinese-owned short video app TikTok censored an account that posted content from a film about pro-democracy Hong Kong tycoon Jimmy Lai. Representative Mike Gallagher…
(Reuters) – Twitter Inc on Thursday allowed users who subscribe to its Blue verification feature an early access to its encrypted messaging service. The social media platform, owned and run by Tesla CEO Elon Musk, said the service was now available to verified users who have the latest version of the app installed. A Twitter…
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto lender BlockFi received court permission on Thursday to return $297 million to customers with non-interest-bearing accounts, without repaying customers who had tried to move funds into those accounts at the last minute. U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey ruled that customers owned their…
By Jody Godoy (Reuters) – A federal appeals court on Thursday questioned Elon Musk’s bid to end an agreement that he made to get a Tesla Inc lawyer’s preapproval of some of his tweets, with judges pointing out that he agreed to it as part of a 2018 deal with the U.S. Securities and Exchange…
(Reuters) -China’s e-commerce giant JD.com Inc said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role. Xu Lei, who has officially been CEO for a year, said on a call with analysts after the company reported first quarter earnings that he had resigned to…
MOSCOW (Reuters) – A Russian court fined Alphabet’s Google <GOOGL.O> 3 million roubles ($38,600) on Thursday for failing to delete YouTube videos it said promoted “LGBT propaganda” and “false information” about Russia’s military campaign in Ukraine, Russian news agencies reported. Over the last year Moscow has levied dozens of fines against Western tech companies as…
By Greg Bensinger (Reuters) -Google announced a flurry of artificial intelligence products – but users might need AI just to understand them all. The Alphabet Inc unit on Wednesday demonstrated or referenced at least 15 different AI products and features ranging from software solely for creating smartphone wallpaper to another for organizing personal files to…
By Marie Mannes STOCKHOLM (Reuters) – Swedish electric vehicle (EV) maker Polestar lowered its 2023 production guidance on Thursday and said it would cut headcount by 10%, citing a delayed production start for its Polestar 3 and a challenging environment for the industry. The auto maker said it now expected to produce between 60,000 and…
(Reuters) – TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to file its quarterly report on time, sending its shares tumbling by about 20% in early trading. The exchange intends to suspend trading in shares of the autonomous driving technology company on May 15 unless it…
