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AT&T beats estimates for subscriber additions on demand for higher-priced plans

By Harshita Mary Varghese (Reuters) - AT&T exceeded market expectations for wireless subscriber additions in the second quarter as the telecom operator's higher-tier unlimited plans attracted

As losses mount, CrowdStrike says bug in quality control process led to botched update

By James Pearson LONDON (Reuters) -A software bug in CrowdStrike's quality control system caused the software update that crashed computers globally last week, the U.S. firm said on Wednesday, as

Alphabet falls as margin fears, YouTube slowdown eclipse AI boost

By Aditya Soni and Khushi Singh (Reuters) -Alphabet fell more than 3% on Wednesday on fears that its rising investments in AI infrastructure would squeeze margins and YouTube was facing tough

Roper Technologies forecasts Q3 profit below estimates on weak enterprise spend

(Reuters) - Software firm Roper Technologies forecast third-quarter profit below estimates on Wednesday, owing to weak spending and delayed contract renewals by its target industries. An uncertain

Microsoft aims to boost AI workload capacity with Lumen partnership

(Reuters) - Microsoft will use Lumen Technologies' network equipment to expand its capacity for AI workloads, the companies said on Wednesday, as the technology giant looks to meet growing demand at

Google’s Vertex AI to use Mistral AI’s Codestral

PARIS (Reuters) - Google Cloud will use Mistral AI's Codestral artificial intelligence model for Google's Vertex AI service, Google Cloud said on Wednesday. WHY IT'S IMPORTANT: The partnership

UK data watchdog blocks naming of banks which lost COVID loan guarantees

By Iain Withers and Sinead Cruise LONDON (Reuters) - Britain's information watchdog has rejected a Reuters appeal to identify lenders who have lost or surrendered state guarantees on millions of

Facebook removes 63,000 accounts in Nigeria over ‘sextortion’ scams

LAGOS (Reuters) - Meta Platforms said on Wednesday it had removed about 63,000 Facebook accounts in Nigeria that attempted to engage in financial sexual extortion scams mostly aimed at adult men in

Visa’s revenue miss prompts caution on Wall Street

By Niket Nishant and Manya Saini (Reuters) - Visa's underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about

Microsoft aims to boost AI workload capacity with Lumen Technologies partnership

(Reuters) - Microsoft will use Lumen Technologies' network equipment to expand its capacity for AI workloads, the companies said on Wednesday, as the technology giant looks to meet growing demand at

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?