By Hannah Lang, Jonathan Stempel and Tom Wilson WASHINGTON (Reuters) – U.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further pressure on the world’s biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months. The Securities and Exchange Commission (SEC) complaint,…
By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its riskiest bet since the introduction of the iPhone more than a decade ago, barging into a market dominated by Meta. At its annual developer conference, Apple also introduced a raft of new products and features,…
KYIV (Reuters) – The Nova Kakhovka dam in the Russian-controlled parts of Ukraine’s Kherson region was blown up by Russian forces, the South command of Ukraine’s Armed Forces said on Tuesday. “The scale of the destruction, the speed and volumes of water, and the likely areas of inundation are being clarified,” the command said on…
(Reuters) – Dell Technologies Inc’s Australian unit has been found guilty by the country’s Federal Court to have misled customers about the prices or discounts on its add-on monitors on its website, Australia’s competition regulator said on Tuesday. When customers chose to buy a personal computer, Dell Australia gave them an option to bundle a…
By Katherine Masters NEW YORK (Reuters) – Stocking shelves with low-priced notebooks and slashing prices on sneakers and uniforms, major retailers including Walmart, Foot Locker and Marks & Spencer are preparing for a challenging back-to-school shopping season this year. U.S. shoppers’ spending in the summer ahead of the college and K-12 school year has grown…
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;…
WASHINGTON (Reuters) – Robert Hanssen, the former FBI agent turned spy whom the bureau describes as the most damaging in its history, was found dead in his prison cell on Monday, U.S. authorities said. Hanssen, 79, was sentenced in 2002 to life in prison after pleading guilty to spying for the Soviet Union and later…
(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…
By Julie Steenhuysen CHICAGO (Reuters) – Adding an experimental mRNA-based vaccine from Moderna Inc and Merck & Co reduced the risk that the most deadly skin cancer would spread by 65% over treatment with an immunotherapy alone in a mid-stage trial, the companies reported on Monday. With this and earlier data, Moderna is considering seeking…
WASHINGTON (Reuters) – The United States imposed sanctions on Monday on members of a Russian intelligence-linked group for their role in Moscow’s efforts to destabilize democracy and influence elections in Moldova, the Treasury Department said. The new sanctions target seven Russian individuals, some of whom maintain ties to Russian intelligence services, the department said in…
