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Tuesday, April 23, 2024
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MGM Resorts says regulators probing September cyberattack

(Reuters) -MGM Resorts International disclosed that state and federal regulators were probing a cyberattack on its systems that took place in September and caused a $100 million hit to the company's

Airsculpt shares slide after Fuzzy Panda takes short position

(Reuters) - Shares of AirSculpt Technologies fell 30% on Friday after Fuzzy Panda Research revealed a short position in the cosmetic surgery firm. The company, which offers body contouring procedures

Taobao China Software to sell Suning.Com stake to Alibaba affiliate

BEIJING (Reuters) - Taobao China Software will sell its 20% stake in Suning.Com to Hangzhou Haoyue Enterprise Management for 2.8 billion yuan ($389 million), Shenzhen-listed Suning.Com said in a

Nvidia vaults to world’s fourth-biggest company by market cap on AI optimism

(Reuters) - Chipmaker Nvidia Corp has become the world's fourth largest company by market capitalisation, after a 16.4% surge on Thursday when a quarterly earnings report surpassed analysts'

Infineon bets on AI boom to spur more lucrative chip sales

FRANKFURT (Reuters) - Germany's Infineon is banking on a boom in artificial intelligence (AI) to generate billions in revenue and drive future growth by selling higher price chips, CEO Jochen Hanebeck

Tesla to fix software in 8,700 vehicles in China product recall, regulator says

BEIJING (Reuters) - China's market regulator said on Friday that Tesla Inc would fix software in 8,700 vehicles to reduce the chance of accidents. The action involving 1,071 imported Model S and Model

China’s BYD unveils new Dolphin EV with lower starting price

BEIJING (Reuters) - Chinese electric vehicle giant BYD on Friday unveiled a version of its Dolphin hatchback with a lower starting price. The new Dolphin EV goes for a starting price of 99,800 yuan (

Healthcare startup Abridge raises $150 million for AI model for clinicians

By Krystal Hu (Reuters) - Abridge, a startup building artificial intelligence-powered clinical documentation tools, has raised $150 million in a Series C round, the company told Reuters, as more

GM’s Cruise to resume robotaxi tests on city roads in coming weeks, Bloomberg reports

(Reuters) -General Motors' self-driving car unit Cruise is preparing to resume testing its robotaxis on public roads with safety drivers in the coming weeks, with Houston and Dallas as potential

Saudi sovereign wealth fund pitches kingdom as AI hub

MIAMI (Reuters) - The head of Saudi Arabia's Public Investment Fund (PIF) on Thursday pitched the kingdom as a prospective hub for artificial intelligence activity outside the United States, citing

On Camera

Influencer is a real job. They are shaking up the internet

The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.