Technology

Unglamorous world of 'data infrastructure' driving hot tech M&A market in AI race

(Reuters) -Weighed down by tariffs and geopolitical uncertainty, dealmaking has slowed to a crawl across most industries except one: the unglamorous world of data infrastructure. 

Technology

Adobe shares slide as investors skeptical of quicker AI-adoption returns

(Reuters) -Adobe's shares dropped 7% in early trading on Friday as investors' concern that the company's AI adoption into its software tools could take longer to fetch returns, overshadowed a raised annual revenue forecast.

Technology

OpenAI to continue working with Scale AI after Meta deal

PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion, OpenAI's CFO Sarah Friar told the VivaTech conference in Paris.

Technology

Brazil's Meliuz raises $32.4 million in share offering to buy bitcoin

SAO PAULO (Reuters) -Brazilian fintech Meliuz raised 180.08 million reais ($32.39 million) in a follow-on share offering aimed at obtaining funds to purchase bitcoin, it said in a securities filing on Friday.

Technology

Britain says Google's online-ad commitments no longer needed

LONDON (Reuters) -Britain's antitrust regulator said commitments it secured from Google in 2022 related to online advertising were no longer needed after the tech company decided against a standalone prompt for third-party cookies in April.

Technology

AMD turns to AI startups to inform chip, software design

SAN JOSE (Reuters) -Advanced Micro Devices has forged close ties to a batch of artificial intelligence startups as part of the company's effort to bolster its software and forge superior chip designs.

Technology

Deutsche Telekom, Nvidia to build AI cloud for industry in Germany

BERLIN (Reuters) -Deutsche Telekom and Nvidia will join forces to build an industrial artificial intelligence cloud for European manufacturers in Germany, the first of its kind, the companies said on Friday.

Nation

Facebook generated up to US$20bil in Asean ad revenue in 2024, RM2.5bil from Malaysia alone, says Fahmi

PUTRAJAYA: Social media platform Facebook is estimated to have generated between US$15bil to US$20bil (RM63.7bil-RM84.9bil) in online advertising revenue in the Asean region in 2024, says Datuk Fahmi Fadzil.

Gadgets

The most eye-catching products at Paris’s Vivatech trade fair

Products ranging from footwear to AI counterfeit detectors fill the halls of Paris's Vivatech trade fair, which runs until June 14.

AI

AI toys and games? Barbie maker Mattel teams up with OpenAI to create new products

Your next toy or game may be able to converse with you.

Video games

Inside the ‘Dragon Age’ debacle that gutted EA’s BioWare studio

In early November, on the eve of the crucial holiday shopping season, staffers at the video-game studio BioWare were feeling optimistic.

Internet

Senegal’s revenge porn victims made to suffer double shame

Rama's life became a hell in Senegal after her ex-boyfriend not only sent her in-laws intimate photos of her, but also threatened to share them widely via a revenge porn influencer.

AI

Apple targets spring 2026 for release of delayed Siri AI upgrade

Apple Inc has set an internal release target of spring 2026 for its delayed upgrade of Siri, marking a key step in its artificial intelligence turnaround effort.

Technology

China’s photonic chip debut to power AI, 6G and quantum computing push: expert

TFLN wafer line is well-positioned for aggressive push into cloud and supercomputing, AI model training and inference, expert says.

AI

China’s orchard of AI, chip grads now ripe for the pickin’ as tech trade sours

Many who entered university during Trump's first trade war with China are ready to become key cogs in China's hi-tech engine.

Internet

Betraying the revolution: Cuban students reject dollarisation

It took a steep hike in mobile internet tariffs to unleash a rebellion among Cuban students on a scale unseen since the 1959 revolution that brought Fidel Castro to power.

Internet

Shooting on Las Vegas Strip near Bellagio that killed 2 was livestreamed, police say

The two people killed in a shooting over the weekend on the Las Vegas Strip captured it on video while livestreaming to their shared YouTube channel, according to a police report.

Technology

Air taxi maker Archer raises $850 million after Trump executive order

(Reuters) -Air taxi maker Archer Aviation on Thursday said it raised $850 million in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis.

Internet

Massive Google Cloud outage disrupts popular Internet services

Popular online services across the globe were disrupted June 12 due to ongoing issues at Google Cloud.

AI

Jack Ma replies to Alibaba employee’s letter lamenting ‘company disease’

The Alibaba founder highlights 'changes' in the company's development as it embarks on an ambitious AI strategy.