Technology

Coupang CEO resigns after online retailer hit by massive data breach

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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.

Cybersecurity

Japan’s cyber chief warns nation still behind on cybersecurity

Japan still lags behind the US and Europe in defending against cyber threats and improvements are needed across the corporate sector, the nation's new cyber chief said.

Social media

World watches first teen social media ban kick off in Australia

Australia's social media ban for youths took effect on Dec 10, a landmark move that's drawn global attention at a time governments are increasingly enacting rules to shield minors from toxic content and cyberbullying. 

Technology

Samsung SDI unit signs US battery deal worth over $1.36 billion for energy storage systems

SEOUL, Dec 10 (Reuters) - South Korea's Samsung SDI said on Wednesday that its unit Samsung SDI America has signed a deal to supply lithium iron phosphate (LFP) batteries to a U.S. customer for energy storage systems, triggering a sharp rally in its shares.

Technology

Hinge CEO McLeod stepping down to lead Match Group-backed AI dating startup

Dec 9 (Reuters) - Match Group said on Tuesday that Hinge founder and CEO Justin McLeod will step down to launch Overtone, an AI-powered dating venture backed by the company, signaling a major bet on artificial intelligence.

Technology

Britons watch YouTube for 51 minutes a day, regulator Ofcom says

LONDON, Dec 10 (Reuters) - Britons watched YouTube on average for 51 minutes a day in 2025 on smartphones, tablets and PCs, regulator Ofcom said, noting that services from its owner Alphabet and from Meta account for more than half of all time spent online.

Technology

Samsung SDI unit signs $1.4 billion LFP battery deal for US customer

SEOUL, Dec 10 (Reuters) - South Korea's Samsung SDI said on Wednesday that its unit Samsung SDI America has signed a deal to supply lithium iron phosphate (LFP) batteries to a U.S. energy infrastructure development and operations company.

Technology

Disney nominates former Apple COO to its board

Dec 9 (Reuters) - Disney said on Tuesday it has nominated former Apple Chief Operating Officer Jeff Williams as an independent director candidate for election at its 2026 annual shareholders' meeting.

Technology

US bank executives say AI will boost productivity, cut jobs

NEW YORK, Dec 9 (Reuters) - U.S. banks including JPMorgan Chase and Wells Fargo said artificial intelligence will boost productivity at their companies and likely cause job losses.       

Technology

Elon Musk's SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says

Dec 10 (Reuters) - Elon Musk's SpaceX is looking to raise more than $25 billion through an initial public offering in 2026, a move that could boost the rocket-maker's valuation to over $1 trillion, a person familiar with the matter told Reuters on Tuesday.

Technology

OpenAI taps Slack CEO Denise Dresser as chief revenue officer

Dec 9 (Reuters) - OpenAI on Tuesday appointed Slack CEO Denise Dresser as its chief revenue officer, as the ChatGPT maker looks to expand its enterprise business.

Technology

Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

Dec 9 (Reuters) - Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.

Technology

Exclusive-Wikipedia operator taps former US Ambassador to Chile for CEO role

Dec 9 (Reuters) - Wikimedia Foundation, the operator of Wikipedia, on Tuesday named Bernadette Meehan its chief executive officer, tapping an administrator with deep policy expertise and federal government experience to lead the online encyclopedia.

Technology

Spotify expands music videos access to premium users in US, Canada to take on YouTube

Dec 9 (Reuters) - Spotify said on Tuesday it is making music videos available to premium subscribers in the U.S. and Canada, as the Swedish streaming giant challenges YouTube for market share.

Technology

Accenture, Anthropic strike multi-year partnership to boost AI adoption

Dec 9 (Reuters) - Accenture and Anthropic on Tuesday announced an expansion of their partnership through a new business group where around 30,000 of the consulting giant's employees will be trained on the AI startup's Claude model.