By Foo Yun Chee BRUSSELS (Reuters) – Amazon is challenging its inclusion in a group of companies subject to tough European Union online content rules, in a move that may prompt other tech giants to follow suit. The challenge at the Luxembourg-based General Court, Europe’s second highest, is the first by a Big Tech company…
NEW YORK (Reuters) – Former FTX cryptocurrency exchange executive Ryan Salame is under investigation by federal prosecutors for possible violations of campaign finance law, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Prosecutors are looking at money Salame gave his girlfriend, Michelle Bond, who ran unsuccessfully last year for the…
(Reuters) – Sam Altman-backed Oklo has agreed to go public in the United States through a merger with his blank check firm in a deal that values the nuclear startup at $850 million, the companies said on Tuesday. Altman is bringing together Oklo that provides emission-free and affordable energy solutions and his special purpose acquisition…
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse – shared virtual worlds accessible through the internet – and to prevent Big Tech dominating a nascent sphere that could boost economic growth. The EU initiative comes as Facebook…
(Reuters) – Salesforce will raise prices for some of its cloud and marketing tools by an average 9% from August, the maker of software for customer relations management said, sending its shares up nearly 4% in early trading on Tuesday. Its first price hike in seven years comes at a time when Salesforce and several…
By Jeffrey Dastin and Stephen Nellis (Reuters) – Anthropic, an artificial intelligence startup backed by Google, on Tuesday widened consumer access to its chat program Claude and upgraded underlying technology that the company says makes “Claude 2” better at tasks such computer coding and arithmetic. The San Francisco-based company said its new AI model, the…
(Reuters) – The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with a 51% jump thanks to strong demand for its recently launched 15-inch MacBook Air, data from research firm Canalys showed. The report adds to early signs of a recovery in the industry, which has been…
By Carolina Pulice MEXICO CITY (Reuters) – Brazilian financial technology company Ebanx said on Tuesday it has signed a deal to partner with digital bank Nubank to offer more payment services for customers as it tries to consolidate and expand operations in Latin America. Ebanx will now offer corporate customers the option of paying via…
By Yimou Lee, Ben Blanchard and Dhwani Pandya TAIPEI/MUMBAI (Reuters) – Foxconn said it intends to apply for incentives under India’s semiconductor production plan, a day after the Taiwanese firm split with Vedanta on a $19.5 billion chipmaking joint venture. Foxconn withdrew from the JV with the Indian metals-to-oil conglomerate on Monday, in a setback…
By Stephen Nellis SAN FRANCISCO (Reuters) – Applied Materials on Tuesday released its first major update to some of its core semiconductor manufacturing equipment in more than decade, aiming to boost the number of chips factories can make while using less energy. The new system, called Vistara, is a central hub inside chip factories that…
