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EU set to fine Apple in Spotify music streaming case, sources say

By Foo Yun Chee BRUSSELS (Reuters) - Apple is set to be handed an EU antitrust fine of about 500 million euros ($543 million) next week in a music streaming case triggered by a Spotify complaint,

Avail raises $27 million in funding backed by Peter Thiel’s Founders Fund (Feb 26)

(This Feb. 26 story has been corrected to change the year of Franklin's mutual fund launch to 2021, from last year, in paragraph 4) By Niket Nishant (Reuters) - Blockchain technology start-up Avail

ASM International sees stable revenues in the first quarter

(Reuters) - ASM International on Tuesday forecast broadly stable revenues in the first quarter versus the end of 2023, and predicted growth later in 2024 as the semiconductor market recovers, despite

TikTok shakes up senior roles including in trust and safety unit, Information reports

(Reuters) - ByteDance-owned short video app TikTok is replacing several senior executives including the person running its trust and safety unit which handles content moderation, the Information

OpenAI says New York Times ‘hacked’ ChatGPT to build copyright lawsuit

By Blake Brittain (Reuters) - OpenAI has asked a federal judge to dismiss parts of the New York Times copyright lawsuit against it, arguing that the newspaper "hacked" its chatbot ChatGPT and other

Sony to lay off 900 PlayStation employees, shut London studio

(Reuters) - Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump

Streaming subscriber growth in US halved last year

(Reuters) -Streaming subscriber growth in the United States has halved in 2023, data from research firm Antenna showed, a sign that the boom might be over for the industry in its key market. Growth in

Intuitive Machines says Odysseus lander likely has 10 to 20 hours of life left

By Steve Gorman and Joey Roulette (Reuters) - Odysseus, the first U.S. spacecraft to land on the moon since 1972, has roughly 10 to 20 hours of battery life left, according to flight controllers who

Odysseus moon lander likely has 10 to 20 hours of battery life left, company says

By Steve Gorman and Joey Roulette (Reuters) - Odysseus, the first U.S. spacecraft to land on the moon since 1972, has roughly 10 to 20 hours of battery life left, according to flight controllers who

Internet outages in Russia hit some social media, but Instagram comes back

MOSCOW (Reuters) -Telegram, the most popular messaging app used in Russia, suffered a temporary outage on Tuesday for unexplained reasons while some previously blocked social media apps including

On Camera

Manusmriti in a London church? 18th-century Britain’s Indomania loved everything Hindu

Sir William Jones’ monument with Hindu religious imagery was accommodated in a Christian church as independently validated proof of the truth of Christianity.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

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.