By Joey Roulette WASHINGTON (Reuters) -A spaceplane from Virgin Galactic reached the edge of space on Thursday carrying a crew of six, making its first spaceflight test in nearly two years as the space tourism firm founded by Richard Branson prepares its long-awaited commercial service. The company’s VSS Unity spaceplane dropped from its twin-fuselage carrier…
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market losses Thursday as the stock surged more than 25% in early trading following the chipmaker’s blowout forecast, according to financial data firm S3 Partners. For the year to date, including this morning’s move, Nvidia shorts…
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch of vehicles it shipped to the United States last year following a safety warning issued by U.S. authorities. The move came after the U.S. National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s VF…
By David Shepardson WASHINGTON (Reuters) -Two key U.S. senators said on Thursday they want the Commerce Department to prioritize national and economic decisions in awarding $39 billion in semiconductor manufacturing subsidies rather than using the funds to aid ailing companies. Senate Intelligence Committee chair Mark Warner and Republican Senator John Cornyn said in a letter…
SINGAPORE (Reuters) – Chinese hacking teams have been blamed by Western intelligence agencies and cybersecurity groups for digital intrusion campaigns across the world, targeting everything from government and military organisations to corporations and media groups Cybersecurity firms believe many of those groups are backed by China’s government. U.S.-based Mandiant has said some Chinese hacking groups…
By Foo Yun Chee BRUSSELS (Reuters) – U.S. company Viasat has won unconditional EU antitrust approval to acquire British satellite rival Inmarsat for $7.3 billion, the European Commission announced on Thursday, adding that the merger would not raise competition concerns. The companies, which compete with market leaders Panasonic and Intelsat in the market for wi-fi…
(Reuters) -Shares of Dish Network Corp rose over 10% on Thursday, after a report that the U.S. satellite TV service provider was in talks to sell its wireless plans through Amazon.com Inc. The potential tie-up would open up a large sales channel for Dish Network, which has been investing to grow its wireless business. Details…
By Foo Yun Chee BRUSSELS (Reuters) – Europe’s artificial intelligence (AI) rules are not for negotiation, EU industry chief Thierry Breton said on Thursday, as he criticised OpenAI CEO Sam Altman’s threat to quit the continent if it cannot comply with the legislation. Altman’s comments at a conference a day earlier came as the European…
By Raphael Satter and James Pearson LONDON (Reuters) – Researchers have discovered Israeli-made Pegasus phone hacking software deployed against targets across Armenia, including reporters at a U.S. government-funded news organization, a report released on Thursday found. A team of researchers from digital rights group Access Now, human rights organization Amnesty International, Canadian internet watchdog Citizen…
(Reuters) -Nasdaq-listed Yandex on Thursday said it had received proposals from a number of investors for stakes in its Russia-based businesses, as it progresses a restructuring process that will see the company spin-off some assets. Since Moscow invaded Ukraine in February 2022, Yandex, while not itself under sanctions, has struggled to balance domestic pressure with…
