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.

Technology

South Korea's Lee pledges support on trade issues in meeting with top conglomerates

SEOUL (Reuters) -South Korean President Lee Jae-myung said on Friday that his government would focus on easing regulations and helping companies on trade issues.

AI

Welcome to campus. Here’s your ChatGPT.

OpenAI, the firm that helped spark chatbot cheating, wants to embed AI in every facet of college. First up: 460,000 students at Cal State.

Internet

This AI web browser can perform certain tasks for you

The Browser Company has launched a new web browser in beta for a limited number of users. It is designed around integrated artificial intelligence that can understand context and act on your behalf, like a true online personal assistant.

Technology

Meta finalizes $14.3 billion investment in Scale AI, sources say, poaching CEO Wang

(Reuters) -Facebook-owner Meta has finalized the $14.3 billion purchase of a 49% stake in data-labeling startup Scale AI, according to two sources familiar with the matter.

Internet

How screen use can be a vicious cycle for some children and adolescents

To cope with behavioral problems linked to excessive screen use, such as aggression or anxiety, some children take refuge... in screens.

Technology

Adobe raises annual forecasts on steady adoption of AI-powered tools

(Reuters) -Adobe raised its full-year results forecast on Thursday, helped by continued demand for its AI-powered software tools that generate images and video content. 

Technology

Google sues LATAM Airlines in US over Brazilian YouTube video dispute

(Reuters) -Alphabet's Google sued Chile-based LATAM Airlines in U.S. federal court in San Jose, California on Thursday, seeking a declaration that Brazilian courts cannot force the tech giant to take down a YouTube video in the United States that accused a LATAM employee of sexually abusing a child.

Technology

Coinbase to launch CFTC-compliant perpetual futures trading in US

(Reuters) -Coinbase plans to launch perpetual futures trading in the United States, with the offering set to comply with regulatory standards outlined by the Commodity Futures Trading Commission, a top executive at the crypto exchange said on Thursday.

Technology

Tesla to take Japan virtual power plant business nationwide, Nikkei reports

(Reuters) -Tesla will expand its virtual power plant business in Japan by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei reported on Friday.

Technology

Google says it has resolved global service outage impacting multiple platforms

(Reuters) -Alphabet's Google said on Thursday it had resolved a brief global service disruption on its platforms that affected multiple services such as music streamer Spotify and instant messaging provider Discord."The issue with Google Chat, Google Meet, Gmail, Google Calendar, Google Drive, Google Cloud Search, Google Tasks, Google Voice has been resolved for all affected users," the company said.

Technology

Aircraft startup JetZero to invest $4.7 billion over a decade in North Carolina HQ

(Reuters) -U.S. aircraft startup JetZero, which has secured investments from United Airlines and Alaska Airlines, will invest $4.7 billion over a decade on a production facility and headquarters in North Carolina, the state said on Thursday.

Technology

Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure

SINGAPORE (Reuters) -Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest and expand artificial intelligence infrastructure, according to BlackRock's investor day presentation slides on Thursday.

Technology

Barbie-maker Mattel teams up with OpenAI, eyes first AI-powered product this year

(Reuters) -Mattel has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday.

Technology

Telus offers to fully own digital unit for greater control of AI capabilities

(Reuters) -Telus said on Thursday it intends to acquire the shares in its listed digital services subsidiary it does not currently own, as the Canadian telecom firm seeks greater control of the unit's artificial intelligence capabilities.

Technology

Micron boosts US investment plan by $30 billion amid Trump's onshoring push

WASHINGTON (Reuters) -Memory chip maker Micron Technology said on Thursday it is expanding its U.S. investments by $30 billion as President Donald Trump presses companies to boost U.S. investments and threatens new tariffs on semiconductors.

Technology

Amazon asks court to scrap EU tech label, arguing it poses no systemic risks

BRUSSELS (Reuters) - Amazon asked Europe's second-highest court on Thursday to scrap its designation as a platform subject to stricter requirements under landmark EU online content rules, arguing that it poses no systematic risks to its users.

Technology

Oracle shares hit record high as AI cloud demand propels revenue forecast

(Reuters) -Oracle shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.

AI

While AI gains ground, traditional search engines still have a place, say experts

Has artificial intelligence (AI) changed the way we interact with the digital world, and more importantly, have old systems and principles become irrelevant with the advent of AI?