Latest
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Technology
Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
NEW YORK, Dec 12 (Reuters) - Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument.
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Technology
Pakistan to allow Binance to explore 'tokenisation' of up to $2 billion of assets
KARACHI, Dec 12 (Reuters) - Pakistan has signed a memorandum of understanding with crypto exchange Binance to explore the "tokenisation" of up to $2 billion in sovereign bonds, T-bills and commodity reserves to boost liquidity and attract investors, the finance ministry said on Friday.
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Technology
Analysis-Musk's Mars mission adds risk to red-hot SpaceX IPO
WASHINGTON, Dec 12 (Reuters) - Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.
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Technology
Analysis-Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists
NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns about frothy valuations and an AI bubble.
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Nation
Unicef welcomes Malaysia's commitment, says age bans alone won't protect children
KUALA LUMPUR: The United Nations Children's Fund (Unicef) has reaffirmed that governments are right to take online child sexual exploitation and abuse seriously, but emphasised that social media age restrictions alone will not safeguard children online and could have unintended consequences.
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Technology
Analysts flag risks for Strategy at Nasdaq 100 index reshuffle
(Refiles to say Nasdaq 100, not Nasdaq's 100, in headline)
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Streaming
Netflix quietly removes the easiest way to watch TV in a hotel room
Travellers who arrive at a hotel or short-term rental ready to relax by turning on an episode of, say, the latest season of "Love Is Blind" can expect a few more steps than they're used to.
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Technology
Foxconn to invest $510 million in Kaohsiung headquarters in Taiwan
TAIPEI, Dec 12 (Reuters) - Foxconn, the world's largest contract electronics maker, said on Friday it will invest T$15.9 billion ($509.94 million) to build its Kaohsiung headquarters in southern Taiwan.
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Gadgets
Many young drivers admit instant messaging at the wheel, survey finds
More than two in five young drivers admit to illegally reading or sending a phone message while behind the wheel, a survey in the UK has found.
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Technology
Broadcom shares fall as margin warning sparks AI payoff worries
Dec 12 (Reuters) - Broadcom shares fell more than 11% on Friday after the chipmaker warned growing sales of lower-margin custom AI processors were squeezing profitability, sparking worries that the business may be less lucrative.
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Social media
Social media ban: Should you enforce your own mini-Australia at home?
How well the ban will fare in the long term remains to be seen, but according to Australian media, social media platform Reddit is preparing to challenge the law in court.
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Social media
Beloved, long forgotten social media app set to make huge comeback
It's the return of Vine and when it comes back, many will "Do It for the Vine" once more.
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Social media
Restaurant chain in US removes order number due to viral trend, chaos
Social media videos have shown crowds cheering at In-N-Out restaurants when employees announce order number "67″ or "6-7." The chaos even led to some staff members appearing to avoid saying the digits.
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AI
Open AI, Microsoft face lawsuit over ChatGPT's alleged role in US murder-suicide
The heirs of an 83-year-old Connecticut woman are suing ChatGPT maker OpenAI and its business partner Microsoft for wrongful death, alleging that the artificial intelligence chatbot intensified her son's "paranoid delusions" and helped direct them at his mother before he killed her.
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Technology
Taiwan opens new cloud centre to bolster 'sovereign AI' effort
TAIPEI, Dec 12 (Reuters) - Taiwan President Lai Ching-te opened a new cloud computing centre on Friday equipped with a powerful supercomputer, part of the chip powerhouse island's "sovereign AI" effort.
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AI
Meta’s new AI superstars are chafing against the rest of the company
An us-versus-them mentality has emerged between Meta's top artificial intelligence team and longtime lieutenants to Mark Zuckerberg.
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Technology
US to mandate AI vendors measure political bias for federal sales
WASHINGTON, Dec 11 (Reuters) - The U.S. government will require artificial intelligence vendors to measure political "bias" to sell their chatbots to federal agencies, according to a Trump administration statement released on Thursday.
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Technology
Reddit sues Australia over social media ban, citing free speech threat
SYDNEY, Dec 12 (Reuters) - Message board website Reddit on Friday filed a lawsuit in Australia's highest court seeking to overturn the country's social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle.
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Technology
EU antitrust regulators erred in clearing Broadcom's VMware deal, cloud industry lobby says
BRUSSELS, Dec 11 (Reuters) - EU antitrust regulators failed to analyse properly the risks of Broadcom's $69 billion acquisition of cloud computing firm VMware before clearing the deal, the Cloud Infrastructure Services Providers in Europe (CISPE) has told Europe's second-highest court.
