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Wednesday, June 26, 2024
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LatAm fintechs quadruple in past 6 years, with more room to grow

By Juana Casas SANTIAGO (Reuters) - The number of financial technology startups, known as "fintechs," has more than quadrupled in the past six years in Latin America, a report showed on Thursday, with

Coinbase launches $2 million ad targeting Latino voters in US

By Stephanie Kelly NEW YORK (Reuters) - Coinbase launched on Thursday a $2 million ad campaign targeted toward Latino voters, the company told Reuters, as the crypto industry makes moves this U.S.

Exclusive-Biden to ban US sales of Kaspersky software over Russia ties, source says

By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday will announce plans to bar the sale of antivirus software made by Russia's Kaspersky Labs in the United States, a person

Oracle to invest over $1 billion on AI, cloud computing in Spain

(Reuters) - Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial intelligence and cloud computing in Spain, as it looks to meet increasing demand for its

Silicon Box to pick Piedmont for $3.4 billion Italian chip plant, sources say

By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) - Singapore-based semiconductor firm Silicon Box plans to pick the town of Novara in the industrialised northwest Piedmont region as the

Nvidia solidifies position as world’s most valuable company

(Reuters) -Nvidia cemented its status as the world's most valuable company after the semiconductor bellwether's shares gained 2.5% to hit another record on Thursday, as partners Dell and Super Micro

Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules

(Reuters) - Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules. The stock will begin trading on a split-adjusted basis starting June 25, the company said.

Anthropic launches newest AI model, three months after its last

By Jeffrey Dastin (Reuters) - Anthropic, a startup backed by Google and Amazon.com, on Thursday released an updated artificial intelligence model and a new layout to boost user productivity,

Exclusive-Biden to ban US sales of Kaspersky software over ties to Russia, source says

By Alexandra Alper WASHINGTON (Reuters) - The Biden administration on Thursday will announce plans to bar the sale of Kaspersky Lab's antivirus software in the United States, a person familiar with

Electronic components maker Jabil beats estimates as demand recovers

(Reuters) - Electronic components maker Jabil Inc on Thursday posted better-than-expected quarterly results, indicating recovery in demand in its 5G, AI datacenter markets after a sluggish period.

On Camera

Pakistani fundamentalists closer to controlling state. Now the battle is over baby milk bank

Islamic clerics push back against human milk banks as Shari’a proscribes marriages between so-called milk siblings. But several Islamic countries, including Iran, operate them.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

India’s 15-yr quest for anti-tank missile: Israeli Spike, DRDO option, back to US for Javelin talks

Recent high-profile visit was of US National Security Adviser this month during which a number of key issues, including military cooperation, was discussed by both sides.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.