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) – One of the most notable happenings at Apple’s event for developers on Monday is likely the iPhone maker’s tweak that will keep its autocorrect feature from annoyingly correcting one of the most common expletives to “ducking.” “In those moments where you just want to type a ducking word, well, the keyboard will learn…
(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 Kanishka Singh WASHINGTON (Reuters) -Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents’ consent, the FTC said on Monday. The company had been charged with violating the U.S. Children’s Online Privacy Protection Act (COPPA) by collecting personal…
By Tom Wilson and Hannah Lang LONDON/WASHINGTON(Reuters) -The world’s biggest cryptocurrency exchange Binance and its CEO Changpeng Zhao have been sued by the U.S. Securities and Exchange Commission (SEC), which alleged in a June 5 court filing that the firm operated a “web of deception” that included artificially inflating its trading volumes and commingling customer…
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…
(Reuters) – Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc, according to a regulatory filing on Monday. After the offering, Intel’s voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares…
By Steven Scheer TEL AVIV (Reuters) – OpenAI CEO Sam Altman predicted on Monday a “huge role” for Israel in reducing risks from artificial intelligence and eyed investment opportunities in the country even as it debates whether and how to regulate the technology behind ChatGPT. Altman is one of the tech world’s most prominent voices…
By Nandita Bose and Kanishka Singh WASHINGTON (Reuters) – Elon Musk on Monday hosted Robert F. Kennedy Jr., the anti-vaccine activist and long-shot Democratic presidential hopeful, in his second Twitter Spaces event for a 2024 White House candidate. But unlike Republican Ron DeSantis’s glitch-plagued campaign launch on Twitter in May, the live audio chat with…
