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Technology
Cisco rolls out software tools to protect IT systems from AI agents
SAN FRANCISCO, June 2 (Reuters) - Cisco Systems on Tuesday announced a new suite of software tools that businesses can use to build their own armies of bots known as AI agents, to protect their IT infrastructure against cybersecurity threats.
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Technology
Analysis-How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
SAN FRANCISCO, June 2 (Reuters) - Micron Technology's march toward a $1 trillion valuation is nothing if not dramatic: a year ago it was a little over $100 billion.
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Technology
Meta expands teen content controls globally, tests new Instagram tool to diversify feeds
June 2 (Reuters) - Meta is expanding its content settings for teen accounts on Instagram, Facebook and Messenger globally to ensure age-appropriate experiences for younger users, it said on Tuesday, as social media platforms face growing scrutiny about child health and safety.
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Technology
Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell maker
SAN FRANCISCO, June 2 (Reuters) - Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring doorbell cameras at friends and family members' homes collected and stored images of his face using facial recognition software.
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Technology
STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says
June 2 (Reuters) - STMicroelectronics will likely decide on a further expansion of its Crolles chipmaking site in France by the end of 2026, as demand for silicon photonics used in AI data centres accelerates, its chief executive said on Tuesday.
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Technology
Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'
June 2 (Reuters) - Marvell Technology's shares surged more than 24% in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar company."
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Technology
HPE surges 29% as AI infrastructure boom boosts server demand
June 2 (Reuters) - Hewlett Packard Enterprise shares rallied nearly 29% in premarket trade on Tuesday, as investors cheered the AI server maker pulling forward its long-term financial targets by two years, buoyed by strong AI infrastructure demand.
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Technology
SK Hynix plans to double wafer capacity in next five years, group chairman says
TAIPEI, June 2 (Reuters) - SK Hynix aims to double its wafer capacity over the next five years, the chairman of parent SK Group said on Tuesday, as AI-driven demand places the South Korean memory-chip maker at the heart of an industry boom.
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Technology
STMicro lifts data centre revenue goals on AI demand, shares hit 25-year high
June 2 (Reuters) - STMicroelectronics raised the 2026 and 2027 revenue targets for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding capacity.
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AI
AI unearths football talent beyond scouts' radar
Brazilian teenager Leo Veiga had almost given up on his dream of becoming a professional footballer when artificial intelligence helped him secure a spot in the youth ranks of an Italian club.
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Technology
Amazon moves Prime Day to June, keeps it a four-day event
NEW YORK, June 2 (Reuters) - Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years, citing major holidays and sporting events as factors in its decision.
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Technology
Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'
SYDNEY, June 2 (Reuters) - The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head of Australia's biggest bank said on Tuesday, calling the expense a key emerging management challenge.
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Technology
Arm says ByteDance, Oracle use its data centre CPU chips
TAIPEI, June 2 (Reuters) - Chinese tech company ByteDance and U.S. data centre firm Oracle are among the customers of Arm's AI data centre chips, the head of the chip designing firm said on Tuesday.
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Social media
9 in 10 parents back social media ban for children, says UK minister
Parents overwhelmingly back Australian-style restrictions on social media for children, the British technology secretary has said.
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Cybersecurity
Indian exam board admits to cybersecurity holes found by teen
A national school exam board in India said it has been monitoring and has contained vulnerabilities in its online grading portal for one of the country's most important school-leaving exams that were first flagged by a teenage cybersecurity researcher.
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Technology
Blue Origin launch pad repairs could take 'serious time', NASA chief tells CNBC
June 1 (Reuters) - Damage to a Blue Origin launch pad from the spectacular explosion of the company's giant New Glenn rocket during a test firing of its engines last week will "take some serious time" to repair, NASA Administrator Jared Isaacman told CNBC on Monday.
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Robotics
A robot is helping an ailing couple stay in their home. Are more to come for an ageing population?
After outliving Booker T. Bones, their second service dog, Brenda and Brian Marquis still needed help with some of the more difficult parts of daily life.
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Technology
Nvidia has capacity to supply robust AI growth despite constraints, says CEO
TAIPEI, June 2 (Reuters) - Nvidia CEO Jensen Huang said on Tuesday the company has enough supply to accommodate robust growth in central processing units (CPUs) and graphics processing units (GPUs) as it rides an AI boom.
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Technology
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'
June 1 (Reuters) - The U.S. Securities and Exchange Commission defended its settlement with Elon Musk over his purchase of Twitter shares, saying it reflected "compromises" and was not tainted by collusion, after the judge overseeing the case said the accord raised "red flags."
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Social media
UN warns social media bans alone won't keep children safe
Bans or age restrictions on social media use are not enough on their own to protect minors from the harmful effects of the platforms, UN experts say, arguing that the companies and their algorithms must also face stricter safeguards.
