US Homeland Security names AI safety, security advisory board
By David Shepardson WASHINGTON (Reuters) - The U.S. Homeland Security Department (DHS) on Friday announced a blue-ribbon board that includes the CEOs of OpenAI, Microsoft, Google parent Alphabet and Nvidia that will advise the government on the rol...
Apr 26, 2024
Apollo, KKR and Stonepeak may fund Intel's Ireland facility, Bloomberg reports
(Reuters) -Apollo Global Management, KKR & Co and Stonepeak may invest billions in a joint venture to help fund Intel's semiconductor fabrication facility in Ireland, Bloomberg News reported on Friday. The chipmaker, Apollo, KKR and Stonepeak did not i...
Apr 26, 2024
Google files motion for summary judgment in U.S. ad tech case
WASHINGTON (Reuters) - Alphabet Inc's Google on Friday asked a federal court in Virginia to reject a U.S. government lawsuit accusing the advertising and search company of anticompetitive practices in the online advertising marketplace. (Reporting...
Apr 26, 2024
Televisa to merge Sky, cable 'as soon as possible'
MEXICO CITY (Reuters) - Mexican broadcaster Televisa plans to merge its satellite TV unit Sky with its cable TV and internet service Izzi as soon as possible, the head of the new unit, Francisco Valim, said on Friday. Televisa is aiming to trim its...
Apr 26, 2024
EU's Vestager meets French tech firm Mistral AI amid competition concerns
By Sudip Kar-Gupta BRUSSELS (Reuters) - European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector needs ...
Apr 26, 2024
Pope will attend G7 summit to discuss AI, Italy says
ROME (Reuters) -Pope Francis will attend this year's Group of Seven (G7) leaders' summit to discuss the challenges posed by Artificial Intelligence (AI), Italian Prime Minister Giorgia Meloni said on Friday. The meeting is being held in the southern It...
Apr 26, 2024
Renault talks to China's Li Auto and Xiaomi on tech collaboration
PARIS (Reuters) - Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. K...
Apr 26, 2024
India's HCLTech misses Q4 revenue estimates on weak services vertical
BENGALURU (Reuters) -HCLTech, India's No.3 IT services player, reported a smaller-than-expected fourth-quarter revenue on Friday amid decelerating tech spending among clients due to macro-overhang. The company posted a 7.1% rise in revenue to 284.99 bi...
Apr 26, 2024
China's Shein set to face tougher EU online rules
BRUSSELS (Reuters) - The European Union designated Chinese-founded fast-fashion company Shein as a very large online platform (VLOP) after it reported a huge number of users, the EU said in a statement on Friday. Companies with more than 45 million...
Apr 26, 2024
Intel falls as weak PC chip demand hurts second-quarter forecast
(Reuters) - Intel shares slumped more than 7% premarket on Friday after a downbeat second-quarter sales forecast signaled that the boom in AI technology was diverting enterprise spending away from its traditional data center and PC chips. The stock...
Apr 26, 2024