Technology

Kadokawa shares jump 16% after news of Sony talks

TOKYO (Reuters) - Kadokawa's shares jumped 16% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire the publishing, anime and gaming powerhouse.

Technology

Some US shoppers are considering making big purchases like cars and iPhones before Trump's proposed tariffs. Is it necessary?

Trump suggested a 60% tariff on Chinese goods, which could significantly impact US imports from China, especially smartphones.

Technology

Qualcomm expects $12 billion in revenue from autos, PC chips in five years

(Reuters) - Qualcomm expects $8 billion in automotive chip revenue and $4 billion in PC chip sales by fiscal 2029, it said at an investor event held in New York on Tuesday.

Technology

Dell, Iron Bow settle charges they overcharged the Army, DOJ says

WASHINGTON (Reuters) - Dell Technologies and Iron Bow Technologies have agreed to pay more than $2 million each to resolve allegations by the U.S. government they overcharged the Army on a computing contract, the Justice Department said on Tuesday.

Technology

Senator says Trump cannot ignore law requiring ByteDance to divest TikTok by next year

WASHINGTON (Reuters) - The chair of a U.S. Senate Judiciary subcommittee said on Tuesday that President-elect Donald Trump cannot ignore a law requiring Chinese-based TikTok to divest the short video app used by 170 million Americans by early next year.

Smartphones

Opinion: Finding peace in the age of the smartphone

Today, everyone is presumed to be discoverable and available all the time.

Technology

Santander launches fintech in Mexico to expand digital services

MEXICO CITY (Reuters) - Spanish banking giant Santander started rolling out its digital Openbank in Mexico on Tuesday, including a website and smartphone app.

Technology

Andreessen Horowitz-backed studio Promise to start producing movies, series using AI

(Reuters) - Promise, backed by former News Corp President Peter Chernin and venture capital firm Andreessen Horowitz, will produce films and series using generative AI tools, the company said on Tuesday.

Technology

Stellantis unveils technology to support flexible EV and hybrid auto production

DETROIT (Reuters) - Stellantis is preparing to navigate the turbulent electric-vehicle transition with a new vehicle system that will support assembly of gasoline, hybrid and electric models, providing flexibility that will be especially important with Donald Trump returning to the White House.

Technology

Trump's pro-business policies to benefit India's IT sector, Wipro chair says

BENGALURU (Reuters) - Donald Trump's presidency in the United States is going to be "pro-business and pro-growth" and good for the tech services industry, Wipro Executive Chairman Rishad Premji said at an event in the southern Indian city of Bengaluru on Tuesday.

Technology

Microsoft launches two data center infrastructure chips to speed AI applications

SAN FRANCISCO (Reuters) - Microsoft has designed two additional infrastructure chips for its data centers that will help speed artificial intelligence operations and increase data security, it said on Tuesday at its Ignite conference.

Technology

Robinhood to acquire TradePMR for $300 million to boost advisory business

(Reuters) - Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday.

Technology

Super Micro surges as AI server maker hires new auditor, seeks filing extension

(Reuters) -Shares of Super Micro Computer soared about 23% in early trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.

Technology

Microsoft-backed startup d-Matrix launches first AI chip

(Reuters) - Silicon Valley startup d-Matrix on Tuesday said it is shipping its first AI chip aimed at delivering services such as chatbots and video generators.

Technology

Alphabet's AI partnership with Anthropic no longer under UK scrutiny

(Reuters) - Britain's competition watchdog said on Tuesday the partnership between Google-parent Alphabet and artificial intelligence startup Anthropic did not qualify for investigation under the merger provisions.

Technology

German police clear protest site at Tesla gigafactory

BERLIN (Reuters) - A camp of protesters opposed to the expansion of U.S. electric vehicle maker Tesla's plant in Grueneheide near Berlin is being cleared, a police spokesperson said on Tuesday.

Technology

Cryptoverse: 'Elation' as bitcoin basks in Trump glow

(Reuters) - Joe McCann was sitting in his Miami condo, eyes glued to screens flashing with bitcoin trades as the American election results rolled in.

Technology

Nvidia's options primed for $300-billion price swing after earnings

NEW YORK (Reuters) - Options traders are primed for a nearly $300-billion swing in Nvidia's market value following the chipmaker's quarterly results on Wednesday, U.S. options market data showed.

Technology

Launch costs hit Sonova's profit, as it bets on new product with AI tech

(Reuters) - Sonova reported half-year core profit below market expectations on Tuesday, hit by costs related to the launch of its new AI-boosted hearing device which it is betting on to regain market share.

Technology

XPeng forecasts quarterly revenue above estimates

(Reuters) - Chinese electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday, thanks to new car models and improving domestic market.