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Perion slides after slashing 2024 revenue forecast on Microsoft Bing changes

By Jaspreet Singh (Reuters) -Perion Network's U.S.-listed shares plunged more than 35% on Monday, after the Israeli ad tech firm cut its annual revenue forecast, driven by a drop in search advertising

Italian state lender to invest 1 billion euros in 5 years in AI

ROME (Reuters) - The venture capital arm of Italy's Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion) over the next five years in artificial intelligence (AI) and

Microsoft to launch AI hub in London

(Removes duplicated "has" in the first paragraph) By Martin Coulter LONDON (Reuters) -Microsoft has announced plans for a new artificial intelligence (AI) hub in London, focused on product development

Perion slides as ad tech firm slashes 2024 forecast on Microsoft Bing changes

(Reuters) - Perion Network's U.S.-listed shares plunged more than 35% premarket on Monday, after the Israeli ad tech firm cut its annual revenue forecast, driven by a drop in search advertising due to

Model N signs $1.25 billion go-private deal with Vista Equity

(Reuters) - Healthcare IT firm Model N said on Monday it has entered into an agreement to be taken private by investment firm Vista Equity Partners for about $1.25 billion, sending its shares up 9.3%

EV firm Lotus Tech reports quarterly revenue jump on strong demand for luxury cars

(Reuters) - Lotus Technology reported a sequential surge in quarterly revenue on Monday, less than two months after going public, due to strong demand for its luxury electric cars. The revenue jump is

EU regulators assess Apple’s plan for complying with music streaming order

By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are checking to see if an Apple proposal would comply with their order to let Spotify and other music streaming services inform users of

Analysis-If you can’t beat ’em? European politicians embrace TikTok despite security fears

By Andreas Rinke, Matthias Williams BERLIN/LONDON (Reuters) -When Simon Harris became Ireland's prime minister-in-waiting in March, he turned to a favoured platform to express himself: TikTok.  In a

Analysis-Google’s contemplated mega deal would prompt new fight with regulators

By Milana Vinn and Anirban Sen (Reuters) - Google parent Alphabet's contemplated acquisition of marketing software company HubSpot would likely spark opposition from regulators even as many experts

TSMC wins $6.6 billion US subsidy for Arizona chip production

By David Shepardson and Stephanie Kelly WASHINGTON (Reuters) - The U.S. Commerce Department said Monday it would award Taiwan Semiconductor Manufacturing Co's (TSMC) U.S. unit a $6.6 billion subsidy

On Camera

NEET is too high-risk for pen-and-paper tests. It needs a fraud-proof online process

Unless the loopholes are fixed in the NEET system, no matter how many culprits are caught and punished, new ones will continue to emerge.

Siddaramaiah defends fuel price hike amid protests by BJP — ‘don’t we need money for development?’

BJP alleges the hike will be put towards bankrolling Congress govt's 5 guarantees in Karnataka, while CM Siddaramaiah says hike is to 'increase resource mobilisation, increase income'.

India’s nuclear stockpile overtakes Pakistan’s with 2 extra warheads, China far ahead — SIPRI

Stockholm International Peace Research Institute report says there are indications India 'mating' warheads with launchers during peacetime & China arsenal has gone up to 500 warheads.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.