Latest
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Technology
Trump administration and Anthropic have not discussed the government taking a stake in it, source says
WASHINGTON, July 2 (Reuters) - The Trump administration and AI giant Anthropic have not discussed the government taking stakes in the firm, a source familiar with the matter said on Thursday.
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Technology
Italy's Intesa shifts core IT banking systems to Google's cloud technology
MILAN, July 2 (Reuters) - Italy's biggest bank Intesa Sanpaolo on Thursday said it had completed the cloud migration of its core IT systems, joining a handful of European banks that have managed to move away from legacy technology.
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Technology
Germany seeks powers for spies to hack and disrupt attackers
BERLIN, July 2 (Reuters) - Germany plans to give its spy agencies powers to hack, disrupt and deceive foreign attackers in a major overhaul of post-war intelligence limits, aiming to harden its response to growing cyber and hybrid threats, according to a draft law seen by Reuters.
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Technology
Amazon vows action against India delivery partner after fire probe concludes
NEW DELHI, July 2 (Reuters) - Amazon said on Thursday it will take "appropriate action" against a third-party delivery partner in India once a police investigation into a fire that killed two workers concludes.
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Technology
Analysis-Britain's Paramount-Warner review may be aimed at commitments, not a veto
LONDON, July 2 (Reuters) - Britain's threat to intervene in the $110 billion Paramount-Warner deal could be less about blocking the transaction than extracting commitments on UK news, children's TV and investment, with the cost of any delay increasing the government's leverage.
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Technology
UK's Currys warns memory chip shortage will push up prices
LONDON, July 2 (Reuters) - Higher prices for smartphones, laptops and other electronics are inevitable later this year due to a global memory chip shortage, the boss of Currys, Britain's biggest consumer electricals retailer, warned on Thursday.
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AI
As companies race for cheaper AI options, this startup pitches a solution
Together AI, which specialises in open-source artificial intelligence models, is now worth more than US$8bil (RM32.68bil).
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Technology
Google loses fight against record €4.1 billion EU antitrust fine
BRUSSELS, July 2 (Reuters) - Alphabet's Google on Thursday lost its long-running fight against a record EU antitrust fine for using its Android mobile operating system to block rivals, a court ruling which is seen as likely to boost Europe's crackdown on Big Tech.
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Internet
WhatsApp’s username revamp faces India test over fraud risks
India asked Meta Platforms Inc to delay for now the rollout of a new feature that lets users pick their own WhatsApp handles on fears it could fuel online fraud, marking the country's latest pushback against US internet companies.
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AI
'Job forever': trade schools are all the rage in the AI era
Long looked down upon, skilled trades are booming in the United States, especially among young adults drawn by strong demand – even as artificial intelligence (AI) eats into service-sector jobs.
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AI
Bereaved South Koreans try AI-generated videos of deceased loved ones
When he wanted to give a gift to his father who sacrificed much to raise him as a single parent, Lee Geon Hui settled on an unusual idea: an AI-animated video message from his late grandfather, whom his father misses dearly.
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Internet
Govt forms special cross-agency committee to address online scams
The government has established a special working committee and technical group to address online fraud or scam-related crimes on June 18, said Communications Minister Datuk Fahmi Fadzil.
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Technology
Samsung Group details plans to invest $90 billion in South Korea's central region
SEOUL, July 2 (Reuters) - Samsung Group detailed plans on Thursday to invest 140 trillion won ($90 billion) for production of display panels, batteries, chips and chip materials in the central province of Chungcheong.
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Cybersecurity
Americans are inundated with suspected scams. New polling shows why few victims report them
Most Americans are inundated with scam attempts on a daily basis – and about three in 10 have personally lost money or personal information to scams, according to a new AP-NORC survey.
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AI
Mythos and the fight over America's most powerful AI
After a US government greenlight, global access to Anthropic's powerful AI model Fable 5 – along with restricted access to the even more powerful Mythos 5 – has been restored, following a standoff that strained ties between Washington and Silicon Valley.
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Technology
OpenAI proposes handing Trump administration 5% stake, FT reports
July 2 (Reuters) - OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.
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AI
Big Tech’s carbon emissions spike with runaway growth of AI
The greenhouse gas emissions of Amazon.com Inc and Alphabet Inc's Google spiked in 2025, pointing to a growing problem for the hyperscalers: reconciling their climate goals with the massive amount of energy required to power AI, much of it still generated from fossil fuels.
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Social media
TikTok settles with US teenager ahead of social media addiction trial
TikTok settled a lawsuit with a teenager just weeks before the company was set to go to trial in a second landmark case over whether social media companies are responsible for the harms their products might cause.
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Robotics
Chinese firm sells hyper-real, 'always loyal' humanoid robots
Their metallic frames covered in supple, lifelike skin, a posse of new Chinese robots meant for companionship can offer users AI-generated conversation or a hand to hold, complete with manicured nails.
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Technology
SK Hynix to spend $64 billion on memory chip plants under broader AI investment plan
SEOUL, July 2 (Reuters) - SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul. The projects in the central city of Cheongju outlined on Thursday are included in a broader $2.1 trillion plan unveiled by the chipmaker and its local rival Samsung Electronics this week that also included a new chip cluster in the southwest and existing projects. The huge capacity buildout by the South Korean chipmakers is a major political win for the country's President Lee Jae Myung, who wants the AI windfall to help revive economies beyond the Seoul metropolitan area, though it is stoking fears of a painful reckoning if AI spending cools.
