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Carmakers SAIC and Volkswagen sign energy technology cooperation agreements

BEIJING (Reuters) - China's SAIC Motor and German carmaker Volkswagen have signed several energy technology cooperation agreements related to their SAIC Volkswagen joint venture in China. The

Micron tumbles as AI revenue surge falls short of lofty expectations

(Reuters) -Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI

Rivian investors to seek details on path to profits at investor day

By Akash Sriram (Reuters) - Rivian shareholders will seek details on the company's upcoming models and progress in cutting costs at an investor day event on Thursday, two days after the US electric

Uber pays US car owners to switch to other transport modes for five weeks

By Yuvraj Malik (Reuters) - Uber will pay $1,000 in credits to certain commuters in the U.S. and Canada who ditch their cars for five weeks in favor of public and other transport services, it said on

France’s OVHcloud tops Q3 sales forecast on US growth, shares jump

By Nathan Vifflin and Anna Peverieri (Reuters) -French cloud services provider OVHcloud reported third quarter revenue ahead of market expectations on Thursday, driven by strong demand from U.S. tech

Explainer-The ‘BlackSuit’ hacker behind the CDK Global attack hitting US car dealers

SAN FRANCISCO (Reuters) - A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding cybercriminals

Micron falls as AI revenue surge falls short of lofty expectations

(Reuters) - Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI

German defence start-up Helsing could be valued at $4.5 billion, reports FT

(Reuters) - Helsing, a German AI start-up active in the defence sector, aims to raise almost $500 million from Silicon Valley investors including Accel and Lightspeed Venture Partners, the Financial

Cloaked Audis, covert CEO meeting: how VW’s $5 billion Rivian bet transpired

By Abhirup Roy and Victoria Waldersee SAN FRANCISCO/BERLIN (Reuters) - A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric vehicle (EV) maker Rivian in

SoftBank Group launches AI healthcare joint venture with Tempus AI

By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group has launched a joint venture with Tempus AI that aims to analyse personal medical data with artificial intelligence (AI) to

On Camera

NEET, JEE exams are causing a mental health crisis in India. Students are struggling to cope

The suicide rate among students is increasing at an alarming rate. In 2022, over 13,000 student deaths were reported, according to the NCRB.

Hindenburg vs SEBI battle erupts again, this time with several new revelations

Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.

Is Pakistan arming jets with nuclear missiles? JF-17 photographed with Ra’ad-I, says US think tank

After analysing images of 'Thunder' Block II from rehearsals for 2023 Pakistan Day Parade, Federation of American Scientists says fighter has been equipped with Ra’ad-I missile.

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.