By Raphael Satter WASHINGTON (Reuters) – Hackers and propagandists are wielding artificial intelligence (AI) to create malicious software, draft convincing phishing emails and spread disinformation online, Canada’s top cybersecurity official told Reuters, early evidence that the technological revolution sweeping Silicon Valley has also been adopted by cybercriminals. In an interview this week, Canadian Centre for…
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office product, as the bloc’s regulator prepares to investigate the U.S. tech giant. The U.S. software company has been on the EU…
(Reuters) – Consumer lender Capital One Financial reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher income from borrowers following a rise in benchmark lending rates. The U.S. Federal Reserve has aggressively hiked interest rates over the past 12 months to tackle sticky inflation, a move which has boosted profitability for…
By Alasdair Pal and Irene Wang SYDNEY/AUCKLAND (Reuters) -Co-hosts Australia and New Zealand opened the ninth Women’s World Cup with wins and record crowds on Thursday, after a shooting near the Norwegian team hotel in Auckland that left three dead and six injured. Police said the shooter was among those killed and the danger from…
By Joseph White and Ben Klayman DETROIT (Reuters) – Detroit’s automakers and the United Auto Workers will not be alone as they begin bargaining this week over wages and working conditions that will govern the shift to electric vehicles over the next several years. Tesla CEO Elon Musk and the automaker’s increasingly profitable and efficient…
By Nichola Groom (Reuters) -The Biden administration on Thursday proposed a sharp increase in bonding rates to cover the cost of plugging abandoned oil and gas wells and rules to limit development in sensitive wildlife and cultural areas. The proposals were among a range of leasing reforms designed to ensure fair taxpayer returns from drilling…
By Akash Sriram and Aditya Soni (Reuters) -Elon Musk’s bet to sacrifice margins now for improved margins later when full self-driving software is completely integrated into Tesla cars failed to impress investors, sending the electric-vehicle maker’s shares down nearly 10% on Thursday. Musk, who has waged a price war against EV rivals since last year,…
By Herbert Lash NEW YORK (Reuters) -The dollar rallied and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the Federal Reserve will keep interest rates higher for longer to curb inflation. Fewer-than-expected Americans filed new claims for unemployment benefits last week, the Labor Department…
By Ju-min Park and Matt Spetalnick SEOUL/WASHINGTON (Reuters) – North Korea remained silent on Thursday about a U.S. soldier who split from a tour group and made a dash across the heavily fortified border two days earlier, landing Washington in a new diplomatic quandary amid an already tense military standoff. U.S. officials said Pyongyang has…
By Manya Saini, Nupur Anand and Tatiana Bautzer (Reuters) -U.S. regional bank stocks fell on Thursday after quarterly earnings showed it was getting more costly for lenders to retain deposits. Shares of Discover Financial Services tanked 16% after it disclosed a regulatory review. Discover incorrectly classified some credit card accounts from around mid-2007, while the…
