Technology

Bezos' Blue Origin working on orbital data center technology, WSJ reports

Dec 10 (Reuters) - Jeff Bezos' aerospace firm Blue Origin has been working for over a year on the necessary technology for artificial intelligence data centers in space, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter.

Technology

YouTube TV to roll out genre-based plans, deepens sports streaming bet

(Corrects to remove reference to number of subscribers in paragraph 5)

Technology

Exclusive-Google faces fines over Google Play if it doesn't make more concessions, sources say

BRUSSELS, Dec 10 (Reuters) - Alphabet's Google is set to be hit with a potentially large EU fine early next year if it does not do more to ensure that its app store complies with EU rules aimed at ensuring fair access and competition, people with direct knowledge of the matter said.

Technology

US tech firm UST partners with Volkswagen's Audi, takes majority stake in Italdesign

Dec 10 (Reuters) - Volkswagen's Audi Group said on Wednesday it had entered a strategic partnership with U.S.-based technology company UST, which will acquire a majority stake in Italy-based design and engineering unit Italdesign.

Technology

Big global investors see gold in AI but don't buy the rush

ABU DHABI, Dec 10 (Reuters) - Big investors attending Abu Dhabi Finance Week voiced concern over the high valuations attached to AI-related companies but said that investment in the infrastructure crucial to the sector's long-term success cannot be dismissed.

Technology

Adobe plugs Photoshop, Acrobat tools into ChatGPT

Dec 10 (Reuters) - Adobe is integrating Photoshop, Adobe Express and Acrobat apps into ChatGPT, it said on Wednesday, allowing users to edit images, design graphics and manage PDFs within the OpenAI-owned chatbot.

Technology

Vivendi in last ditch effort to avert EU fine for closing Lagardere deal too soon

BRUSSELS, Dec 10 (Reuters) - French media conglomerate Vivendi made a last-ditch effort on Wednesday to stave off a potential EU antitrust fine, following charges it closed its acquisition of publisher Lagardere before receiving regulatory approval.

Technology

Wingtech invites Nexperia custodians to Beijing for talks on control of the company - source

AMSTERDAM, Dec 10 (Reuters) - Wingtech, the Chinese parent company of Netherlands-based chipmaker Nexperia, has invited the court-appointed custodians of its Dutch unit to Beijing for talks on control of the company, a source familiar with the dispute said on Wednesday.

AI

South Korea to require advertisers to label AI-generated ads

South Korea will require advertisers to label their ads made with artificial intelligence technologies from next year as it seeks to curb a surge of deceptive promotions featuring fabricated experts or deep-faked celebrities endorsing food or pharmaceutical products on social media.

Technology

Intel loses challenge against EU antitrust ruling but wins reduced fine

BRUSSELS, Dec 10 (Reuters) - U.S. chipmaker Intel lost its challenge against a 376 million euros ($438 million) EU antitrust fine imposed two years ago for thwarting rivals but gained some solace as Europe's second-highest court slashed the penalty by a third on Wednesday.

Internet

New report shows rise in violence against women journalists and activists linked to digital abuse

More than two-thirds of women journalists, rights defenders and activists have reported violence online, with over 40% saying they have faced real-world attacks linked to digital abuse, according to a study published Dec 9 by UN Women and partners.

Social media

Survey: Most US teens use YouTube and TikTok daily, some ‘almost constantly’

The new Pew report also found that two-thirds of teens said they had used an AI chatbot.

Technology

South Korea to consider setting up $3.1 billion foundry to grow local chip sector

SEOUL, Dec 10 (Reuters) - South Korea is considering building a 4.5 trillion won ($3.06 billion) foundry to manufacture chips, funded by state and private investment, the industry ministry said, amid efforts to ensure the country remains a powerhouse in semiconductors.

Social media

Australian mum of late teen says social media ban 'bittersweet'

Mia Bannister said she would give anything to have her son Ollie beside her as Australia rolled out a landmark social media ban for under-16s on Dec 10.

Technology

Coupang CEO resigns after online retailer hit by massive data breach

(Corrects spelling in paragraph 1)

Social media

Australia's social media ban leaves a 15-year-old worried about losing touch with friends

Riley Allen and others younger than 16 will be banned by law from holding accounts with Facebook, Instagram, Kick, Reddit, Snapchat, Threads, TikTok, X, YouTube and Twitch from Dec 10.

Social media

What's my age again? The tech behind Australia's social media ban

Tech giants will apply multiple layers of security to weed out young users under Australia's world-first ban on social media for under-16s.

Technology

Amazon to invest over $35 billion in India on AI, exports

Dec 10 (Reuters) - Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the U.S. e-commerce giant said on Wednesday, as global tech firms deepen their presence in Asia's third-largest economy.

Mobile apps

Taiwan RedNote ban backfires, driving mainland Chinese app’s top download rise

Many users and opposition politicians accuse Taiwan's ruling party of overreach and damaging island's reputation for open Internet access.

Technology

Apple chip chief tells staff he’s not leaving 'anytime soon'

Tim Cook, contending with a wider shake-up in his executive ranks, had been working aggressively to retain Johny Srouji, the people said.