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Lawmakers seek to force ByteDance to divest TikTok or face US ban

By David Shepardson and Michael Martina WASHINGTON (Reuters) - A bipartisan group U.S. lawmakers are introducing legislation on Tuesday that would give China's ByteDance about six months to popular

Meta’s Facebook, Instagram down for tens of thousands

(Reuters) - Meta Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. The disruptions

Bitcoin rises to record high

New York (Reuters) -Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall. The

Amazon’s AWS removes data transfer fees for clients switching to rivals

By Martin Coulter LONDON (Reuters) - Amazon's AWS said on Tuesday that customers who want to transfer their data to another cloud service provider will not have to pay any network fees globally.

Hacker forum post claims UnitedHealth paid $22 million ransom in bid to recover data

By Raphael Satter WASHINGTON (Reuters) - A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group paid $22 million in a bid to recover access to data and systems encrypted

US issues cybersecurity-related sanctions on Intellexa, Treasury website shows

WASHINGTON (Reuters) - The U.S. on Tuesday issued sanctions on Intellexa and other entities under cybersecurity-related authorities, a posting on the Treasury website showed. (Reporting by Susan

Russia’s Sberbank: AI to make 60% of corporate loan decisions by year-end

MOSCOW (Reuters) - Decisions on 60% of corporate loans issued by Russia's top lender Sberbank will be made using artificial intelligence (AI) by the end of this year, CEO German Gref said on Tuesday.

Cadence to buy BETA CAE Systems for $1.24 billion

By Stephen Nellis and Arsheeya Bajwa (Reuters) -Cadence Design Systems will buy BETA CAE Systems International AG, which makes software for analyzing car and jet engine designs, for $1.24 billion in

Western Digital names heads for flash memory, HDD units after split

(Reuters) - Western Digital on Tuesday named chief executives for its soon-to-be separated flash memory and traditional hard-disk drive (HDD) businesses and said the process was on track for

Blackcat ransomware site claims it was seized; UK law enforcement denies being behind disruption

WASHINGTON (Reuters) - The website used by the hackers responsible for the breach at UnitedHealth Group has been replaced by a notice claiming it was seized by international law enforcement. But at

On Camera

Wealth creators in India have been the favourite whipping boys. Ambani-Adani are the new ones

It used to be Tatas and Birlas in the loose political rhetoric of the 1970s and the 1980s. Today, it is Adani and Ambani in the heated Lok Sabha election campaign.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Vice Admiral Sanjay Bhalla takes charge as Chief of Personnel of the Indian Navy

His tenure as Chief of Personnel will be marked by a number of important appointments, both afloat and ashore.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.