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Ubisoft jumps as much as 12% after Tencent invests in new unit

By Johan BODINIER and Alessandro Parodi (Reuters) -Ubisoft shares rose as much as 12% on Friday after it announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros, as the

EU could charge fees on PayPal in U.S. tariff dispute, says senior lawmaker

BERLIN (Reuters) - The European Union could charge fees on PayPal as part of a tariff dispute with the United States, a senior European lawmaker said on Friday. Bernd Lange, the head of the European

China Construction Bank says it launched internal financial model based on DeepSeek R1

By Selena Li China Construction Bank said on Friday it had completed the private deployment of a large financial model based on DeepSeek R1 earlier this year. Private deployment means for internal use

Ubisoft jumps 10% after Tencent invests in new subsidiary

(Reuters) - Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros. The creator of

Ubisoft seen up 13-15% after it sets up Tencent-backed subsidiary

(Reuters) - Shares in Ubisoft were seen up 13-15% premarket on Friday after the French video-game maker announced plans to set up a unit with Tencent, two traders said. Assassin's Creed creator said

Taiwan says China’s SMIC suspected of illegally luring tech workers

TAIPEI (Reuters) - Taiwan authorities said on Friday they were investigating whether China's largest chipmaker SMIC illegally lured Taiwanese tech workers under cover of a shell company on the island

AI-driven scams & deepfakes targeting women on the rise—MeitY’s status report to HC

In its report, Centre highlights need to educate users on identifying deepfakes. These observations came on a batch of petitions addressing non-regulation of deepfake tech & AI in India.

After years of survival, China’s Huawei returns to revenue peak

By David Kirton SHENZHEN, China (Reuters) - China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and

Nvidia-backed CoreWeave prices downsized US IPO at $40 per share

(Reuters) - Nvidia-backed cloud computing firm CoreWeave said on Thursday it had priced its initial public offering at $40 per share, compared with the earlier range of $47 to $55 per share. The IPO

Nvidia-backed CoreWeave downsizes US IPO

By Echo Wang (Reuters) -CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company said on Thursday, dampening expectations that the

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.