Technology

Ocado shares plunge 13% as US partner Kroger rethinks warehouse strategy

LONDON (Reuters) -Shares in Ocado, the online supermarket and technology group, fell sharply on Friday after U.S. partner Kroger signalled a potential retreat from investment in automated warehouses.

AI

Meituan launches AI agent to boost food delivery business

Meituan has launched a new AI agent app that aims to boost its food delivery and local services business, as its battle with Alibaba Group Holding Ltd for Chinese consumers heats up.

Technology

Microsoft averts EU antitrust fine with unbundled Office and Teams pricing

BRUSSELS (Reuters) - Microsoft avoided a possible hefty EU antitrust fine by offering customers reduced prices for Office products excluding Teams, a move on Friday that comes amid rising tensions with the United States over EU scrutiny of Big Tech.

Technology

Larry Ellison is back on top, 48 years after he co-founded Oracle

SAN FRANCISCO (Reuters) -Fortune magazine wondered on its cover whether Oracle co-founder Larry Ellison might become the world's richest person, while BusinessWeek declared Ellison is "cool again," noting that "Silicon Valley's bad boy is having his revenge."

Social media

From Discord to Bitchat, tech at the heart of Nepal protests

From sparking protests that toppled the prime minister to giving young people a platform to discuss their country's political future, social media was key to Nepal's extraordinary uprising this week.

Internet

Small businesses face a new threat: Pay up or be flooded with bad reviews

Movers, roofing companies and others are being bombarded with phony one-star reviews on Google Maps. Then they're asked to pay up.

Technology

Vietnam investigates cyberattack on creditors data

HANOI (Reuters) - A large database in Vietnam containing data on creditors has been attacked by hackers, and the impact of the breach is still being assessed, according to the country's cybersecurity agency as well as a document seen by Reuters.  

Gadgets

Their schools banned phones. Out came the iPods and cassette players.

Enterprising students have been bringing the contraband of yesteryear to school in what they see as a "loophole" in cellphone bans.

AI

ByteDance unveils new AI image model to rival Google DeepMind’s ‘Nano Banana’

ByteDance claims that Seedream 4.0 beat Gemini 2.5 Flash Image for image generation and editing on its internal evaluation benchmark.

Technology

Apple Watch hypertension feature wins FDA nod, rollout next week, Bloomberg reports

(Reuters) -Apple will roll out a hypertension detection feature on its smartwatch next week after receiving U.S. Food and Drug Administration (FDA) clearance on Thursday, Bloomberg News reported.

AI

False AI 'fact-checks' stir online chaos after Kirk assassination

When posts containing an authentic video of Kirk being shot swirled online, the X account of Grok – Elon Musk's AI chatbot – stated that it was a satirical clip.

Robotics

A ‘Roomba for the forest’ could be Southern California’s next wildfire weapon

The giant, remote-controlled vehicle – somewhere between a tractor trailer, a tank and a Zamboni in appearance – slowly rolled across the dry, brittle grass growing between the tangle of freeways making up the 101 and 23 interchange in Thousand Oaks.

Technology

SK Hynix says readying HBM4 production as it seeks to retain lead over rivals

SEOUL (Reuters) - SK Hynix said on Friday it has completed its internal certification process for next generation high-bandwidth memory 4(HBM4) chips and established a production system for customers as it seeks to retain a lead over rivals.

Smartphones

Now summer's over, here's what to do with all those photos on your camera roll

The summer holidays are over, and all those great times you had on vacation have been memorialised in hundreds of smartphone photos. Now what?

Technology

OpenAI, Nvidia set to announce UK data center investments, Bloomberg News reports

(Reuters) - The CEOs of the ChatGPT maker OpenAI and Nvidia plan to pledge support for billions of dollars in UK data center investments when they head to the country next week at the same time as U.S. President Donald Trump, Bloomberg News reported on Thursday.

Technology

Crypto exchange Gemini prices IPO above range to raise $425 million

(Reuters) - Cryptocurrency firm Gemini Space Station raised $425 million in an initial public offering on Thursday, pricing its stock above a marketed range.

Technology

Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure

(Reuters) - Microsoft and OpenAI said on Thursday they have signed a non-binding deal for new relationship terms that would allow OpenAI to proceed to restructure itself into a for-profit company, marking a new phase of the most high-profile partnerships to fund the ChatGPT frenzy.

Technology

Adobe raises annual revenue and profit forecasts on strong design software demand

(Reuters) - Adobe raised its fiscal 2025 revenue and profit forecasts on Thursday, signaling strong demand for its design software and increased monetization of artificial intelligence tools.

Technology

Oracle's blockbuster surge shows AI trade's growing influence on market

(Reuters) -Wall Street's "AI trade" has propelled the market to record highs this year, and Oracle's stunning share-price gains are giving investors another reason to back the trade.

Technology

Exclusive-IPO of Winklevoss-founded crypto exchange Gemini over 20 times oversubscribed, sources say

NEW YORK (Reuters) -Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has drawn over 20 times as many orders for its planned U.S. initial public offering as there are available shares, people familiar with the matter said on Thursday.