Technology

Tesla's easy money from regulatory credits set to dry up amid weakening sales

SAN FRANCISCO (Reuters) -A key driver of Tesla's profit is disappearing fast as the U.S. government changes policies on an environmental asset known as regulatory credits.

Technology

Oracle, OpenAI to add 4.5 gigawatts data center capacity for Stargate venture

(Reuters) -Cloud firm Oracle and OpenAI plan to develop 4.5 gigawatts of additional data center capacity, the ChatGPT developer said on Tuesday.

Technology

HP owed over $940 million by Mike Lynch's estate, ex-business partner, UK court rules

LONDON (Reuters) -Hewlett Packard is owed more than 700 million pounds ($944 million) from the estate of the late Mike Lynch and his former business partner over HP's acquisition of their British software firm Autonomy, London's High Court ruled on Tuesday.

Technology

Indian fintech firm Paytm swings to profit, expects further boost

(Reuters) -Indian fintech firm Paytm swung to a profit for the first time since September 2024, driven by robust growth in its lending business and tight cost controls, and said it expects a further improvement in earnings.

Technology

Alphabet will seek to reassure investors as AI rivals step up competition

(Reuters) -Alphabet, faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses.

Technology

One in four German startups could leave over lack of capital, poll finds

BERLIN (Reuters) -One in four tech startups in Germany is considering leaving the country due to concerns that an economic slowdown in Europe's largest economy was weighing on prospects for securing venture capital, a study released on Tuesday showed.

Technology

JPMorgan considers offering loans backed by clients' cryptocurrency holdings, FT reports

(Reuters) -JPMorgan Chase is exploring plans to lend against clients' cryptocurrency holdings, the Financial Times reported on Tuesday, citing people familiar with the matter.

Driverless vehicle

Looming over two cases threatening Musk's car company is a single question: Can he be trusted?

Elon Musk fought court cases on opposite coasts Monday, raising a question about the billionaire that could either speed his plan to put self-driving Teslas on US roads or throw up a major roadblock: Can this wildly successful man who tends to exaggerate really be trusted?

AI

Opinion: We're losing the plot on AI in universities

An artificial intelligence furor that's consuming Singapore's academic community reveals how we've lost the plot over the role the hyped-up technology should play in higher education.

Driverless vehicle

Tesla driver testifies Autopilot failed to prevent fatal crash

The driver gave testimony in a federal trial about Tesla's role in a 2019 accident that killed a woman in Florida.

Social media

How Trump turned his Truth Social app into a megaphone

Donald Trump has turned his obscure Truth Social platform into a megaphone in his second presidential term – constantly posting everything from major policy announcements to personal threats and unashamed self-promotion.

Camera

Can you ever expect privacy in public? Coldplay kiss camera saga tells us a lot about the answer

In the era of lightning-fast social sharing and when cameras are practically inescapable, does being in public hold any expectation of privacy anymore?

AI

Anxious parents face tough choices on AI

When it comes to AI, many parents navigate between fear of the unknown and fear of their children missing out.

Cybersecurity

Microsoft rushes to stop hackers from wreaking global havoc

Hackers exploited a security flaw in common Microsoft Corp software to breach governments, businesses and other organisations across the globe and steal sensitive information, according to officials and cybersecurity researchers.

Technology

Activist Elliott grows stake in Equinix, holds talks with company

NEW YORK (Reuters) -Activist investor Elliott Investment Management has a large investment in data center operator Equinix and has increased its stake in the last weeks, a person familiar with the matter said on Monday, after the company's stock price tumbled last month.

Smartwatch

The wreckage of a Montana plane crash is found using a victim's smart watch location

Search teams located the site of an airplane crash that killed three people near Yellowstone National Park using the last known location of the smartwatch from one of the victims, authorities said July 21.

Technology

Google clinches milestone gold at global math competition, while OpenAI also claims win

(Reuters) -Alphabet's Google and OpenAI said their artificial-intelligence models won gold medals at a global mathematics competition, signaling a breakthrough in math capabilities in the race to build systems that can rival human intelligence.

Technology

Tax software company Avalara confidentially files for US IPO

(Reuters) -Tax software company Avalara disclosed on Monday it had confidentially filed for a U.S. initial public offering, as investor optimism for new listings grows.

Technology

NXP second-quarter revenue falls 6%

(Reuters) -Chipmaker NXP Semiconductors posted a 6% drop in second-quarter revenue on Monday, led by weakness in communications and infrastructure segment amid broader market softness.

Technology

OpenAI and UK sign new AI agreement to boost security, infrastructure

(Reuters) -The UK government said it signed a strategic partnership with OpenAI on Monday, with plans to expand AI security research collaborations and explore investing in AI infrastructure such as data centres.