Latest
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Technology
Oracle begins cutting thousands of jobs, CNBC reports
March 31 (Reuters) - Cloud computing company Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter.
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Technology
North Korea-linked hack hits largely invisible software that powers online services
March 31 (Reuters) - Hackers linked to North Korea breached behind-the-scenes software that runs many common online functions in an effort to steal login information that could enable further cyber operations, Google said on Tuesday.
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Technology
MercadoLibre's fintech terminates its cryptocurrency Mercado Coin
SAO PAULO, March 31 (Reuters) - Mercado Pago, the fintech arm of e-commerce firm MercadoLibre, said on Tuesday it is discontinuing its cryptocurrency, called Mercado Coin, which it had launched in 2022 as part of its loyalty program.
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Technology
Apple tests Siri feature that handles multiple commands at once, Bloomberg News reports
March 31 (Reuters) - Apple is testing a feature that would let Siri process multiple requests in a single query, bringing the virtual assistant more in line with the capabilities of newer AI assistants, Bloomberg News reported on Tuesday.
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Technology
Tether cuts two gold traders hired three months ago, source says
LONDON, March 31 (Reuters) - Tether has let go two senior precious metals traders it hired from HSBC only three months ago, a source with direct knowledge of the matter told Reuters on Tuesday.
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Technology
Meta to limit PG-13 rating use for teen accounts in Motion Picture Association deal
WASHINGTON, March 31 (Reuters) - Meta has agreed to scale back references to the PG-13 film rating when describing its teen accounts, resolving a dispute with the Motion Picture Association, the two groups said in a joint statement on Tuesday.
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Technology
CoreWeave secures $8.5 billion loan to expand AI infrastructure
March 31 (Reuters) - Cloud infrastructure firm CoreWeave has secured $8.5 billion in financing through a delayed-draw term loan facility to expand its artificial intelligence cloud platform, as demand for computing power continues to surge.
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Technology
Meta unveils two $499 Ray-Ban smart glasses for prescription users
March 31 (Reuters) - Meta Platforms launched two new Ray-Ban prescription smart glasses on Tuesday, expanding its offerings in an area that has become one of the few breakthrough successes in the race for artificial intelligence-powered gadgets.
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Technology
Nvidia bets $2 billion on Marvell as rising AI adoption fuels competition
March 31 (Reuters) - Nvidia has invested $2 billion in Marvell Technology as part of efforts to make it easier for customers to use the custom artificial intelligence chips that the smaller company designs with Nvidia's networking gear and central processors.
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Technology
French consumer group sues Ubisoft over shutdown of online game 'The Crew'
March 31 (Reuters) - France's leading consumer association, UFC-Que Choisir, said on Tuesday it had filed a lawsuit against Ubisoft over the shutdown of online racing game "The Crew".
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Technology
Microsoft faces second major UK investigation over cloud licensing
LONDON, March 31 (Reuters) - Britain's competition regulator said on Tuesday it would again investigate Microsoft's software‑licensing practices in the cloud market as part of a broader probe, months after declining to act on earlier findings.
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Technology
Amazon, Delta team up for in-flight Wi-Fi, challenging Musk's Starlink
CAPE CANAVERAL, March 31 (Reuters) - Amazon's Leo satellite internet unit signed a deal with Delta Air Lines to provide in-flight Wi-Fi on 500 of the airline's planes starting in 2028, inking its second major partnership in the skies as it races to launch more satellites and take on Elon Musk's Starlink.
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Technology
FX payments startup OpenFX raises $94 million amid cross-border stablecoin push
NEW YORK, March 31 (Reuters) - OpenFX, a startup that focuses on foreign-exchange market making and remittances, on Tuesday raised $94 million in a funding round led by several venture capital firms, as it looks to use stablecoins to speed up cross-border payments.
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Technology
Analysis-US tech stocks struggle for safe haven appeal in Iran market fallout
NEW YORK, March 31 (Reuters) - Technology shares are struggling to act as safe havens in the turbulence wrought by the Iran conflict -- and that could be a big problem for the broader U.S. stock market.
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AI
At 50, Apple confronts its next big challenge: AI
Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another culture-changing innovation.
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AI
LaGuardia crash bolsters case for using AI in air control towers
The disaster at LaGuardia, the third major commercial aviation accident in the US in 15 months, has exposed the shortcomings of an industry under tremendous strain.
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Technology
Nebius furthers European expansion with $10 billion AI data centre in Finland
HELSINKI, March 31 (Reuters) - AI infrastructure firm Nebius Group on Tuesday said it was continuing its rapid European expansion with a 310-megawatt data centre in Finland, which would be one of the continent's largest with an estimated value of more than $10 billion as demand for AI computing grows.
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Internet
MCMC launches app aimed at measuring and improving the country's Internet performance
The Malaysian Communications and Multimedia Commission (MCMC) has launched its MCMC Nexus application, aimed at keeping users informed about the quality and performance of their network connection, while also gathering data on areas with poor coverage or weak connectivity.
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Technology
Raspberry Pi reports better-than-expected 25% rise in full-year earnings
LONDON, March 31 (Reuters) - Single-board computing company Raspberry Pi reported a better-than-expected 25% rise in annual adjusted core earnings to $46.4 million on Tuesday, helped by strengthening demand and favourable unit economics in the second half.
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AI
When will Japan’s cherry blossoms bloom? AI can help answer that
Experts use artificial intelligence to analyze data, plus thousands of crowdsourced photos, to forecast the prized flowers, which are a multibillion-dollar attraction.
