Internet

How polarising content reaches teens, young adults online

Experts warn that algorithm-driven feeds, designed to boost engagement, often amplify extreme opinions and misinformation, leaving young users vulnerable.

Technology

Bitwise sparks industry scramble with Solana ETF launch

(Reuters) -Crypto firm Bitwise Asset Management's successful push to launch the first U.S. spot Solana ETF while the Securities and Exchange Commission was shut down has upended the regulatory playbook and forced competitors to rethink their product plans, said industry executives.

Technology

Morgan Stanley joins rivals in rolling out private company research, memo shows

(Reuters) -Morgan Stanley launched a dedicated private company research page on Tuesday, according to an internal memo seen by Reuters, as investors' interest in high-growth startups rises.

Technology

Bank of England's Breeden says diluting stablecoin rules further could damage financial system

LONDON (Reuters) -Bank of England Deputy Governor Sarah Breeden on Tuesday warned that further diluting rules for stablecoins risked endangering financial stability and causing a credit crunch, and said that the UK needed a different approach to the United States.

Technology

Google says it will invest around $6.4 billion in cloud infrastructure in Germany

BERLIN (Reuters) -Alphabet's Google said on Tuesday that it will invest 5.5 billion euros ($6.41 billion) in Germany in the coming years in a push to expand its infrastructure and data centre capacity in Europe's largest economy.

Technology

SoFi rolls out crypto trading as digital asset gold rush draws lenders

(Reuters) -SoFi on Tuesday announced plans to roll out crypto trading for customers, as the multi-trillion-dollar crypto sector continues to attract traditional financial firms amid clearer regulation and growing adoption.

Technology

SoftBank's $5.8 billion Nvidia stake sale stirs fresh AI bubble fears

(Reuters) -SoftBank Group's $5.8 billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around artificial intelligence may have peaked, especially after recent warnings from Wall Street bank chiefs and a famed short seller.

Technology

Santander's digital lender Openbank launches crypto trading in Spain

MADRID (Reuters) -Openbank, Santander's digital lender, said on Tuesday it had launched a cryptocurrency trading service in Spain, following rival BBVA.

Technology

AI cloud firm Nebius signs $3 billion deal with Meta, posts more than four-fold rise in revenue

(Reuters) -Nebius Group has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure over a five-year period, the company said on Tuesday, after it reported a more than fourfold rise in third-quarter revenue.

Technology

Telenor targets low-to-mid single-digit growth in Nordic core earnings until 2030

(Reuters) -Norway's Telenor expects its organic core earnings from the Nordic region to grow by a low-to-mid single-digit percentage per year until 2030, the telecom operator said on Tuesday ahead of its investor day.

Technology

Microsoft plans to invest $10 billion in Portuguese AI data hub

LISBON (Reuters) -Microsoft plans to invest $10 billion in artificial intelligence infrastructure at a data centre in Portugal's port city of Sines over the next few years, marking one of the largest AI investment projects in Europe, it said on Tuesday.

Technology

AMD expects profit to triple by 2030, data center chip market to grow to $1 trillion

NEW YORK (Reuters) -Advanced Micro Devices said on Tuesday that it expected annual data center chip revenue of $100 billion within the next five years, and its earnings to more than triple.

Technology

Vodafone to increase dividend for first time in eight years

LONDON (Reuters) -Vodafone's shareholders will be rewarded with the first dividend increase in eight years after a return to growth in Germany helped the European mobile and broadband operator upgrade its earnings outlook.

Technology

Nvidia-backed CoreWeave's shares fall as data center delay hits annual revenue forecast

(Reuters) -CoreWeave's shares tumbled 10% on Tuesday after it scaled back its annual revenue forecast due to data center hiccups despite strong demand for its artificial intelligence services.

Technology

Google to invest $6.4 billion in cloud infrastructure in Germany

BERLIN (Reuters) -Alphabet's Google will invest 5.5 billion euros ($6.41 billion) in Germany in the coming years in a push to expand its infrastructure and data centre capacity in Europe's largest economy, company and government officials said on Tuesday.

Technology

Global securities watchdog says 'tokenization' creates new risks

PARIS (Reuters) -Crypto tokens linked to mainstream financial assets could create new risks for investors, the global securities regulator IOSCO said in a report on Tuesday, as the finance industry remains split on the merits of "tokenization".

Technology

OpenAI used song lyrics in violation of copyright laws, German court says

MUNICH (Reuters) -OpenAI's chatbot ChatGPT violated German copyright laws by reproducing lyrics from songs by best-selling musician Herbert Groenemeyer and others, a court ruled on Tuesday, in a closely watched case against the U.S. firm over its use of lyrics to train its language models.

Technology

Indian fintech firm Pine Labs' $440 million IPO subscribed on final day

(Reuters) -Indian fintech firm Pine Labs' $440 million IPO was fully subscribed on the final day of bidding on Tuesday, even as concerns over profitability and valuations kept some investors at bay.

Cybersecurity

Here’s how many billions Meta earned from ads that are trying to scam you

An investigation by Reuters revealed that 15 billion 'high risk' advertisements reach its users every day.

Cybersecurity

Too good to be true? Shoppers ignore scam signs if discounts offered

Shoppers need to watch out for malware or "fake sites that hope you'll unwittingly enter your credit card information.