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SpaceX faces hearing on engineers fired after criticizing Elon Musk over sexism

By Daniel Wiessner (Reuters) - Rocket maker SpaceX on Tuesday will appear before a U.S. labor board judge to face claims that it fired eight engineers for criticizing CEO Elon Musk and accusing him of

China’s EV bosses take spotlight at political meeting as priorities shift

By Sarah Wu BEIJING (Reuters) - Chinese electric vehicle makers made a strong showing at the start of the country's annual parliamentary meeting on Tuesday, bolstered by official recognition of their

Deutsche Boerse launches regulated spot platform for crypto assets

FRANKFURT (Reuters) -Deutsche Boerse said on Tuesday that it has launched a regulated platform for the trading of crypto currencies for institutional investors. The German exchange operator had

Apple’s iPhone sales in China plunge 24% as Huawei’s popularity surges

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

China to step up quantum computing, AI in tech self-sufficiency drive

BEIJING (Reuters) - China will formulate plans to develop emerging industries including quantum computing and continue striving to achieve self-sufficiency in technology, a government work report said

Stablecoin Tether exceeds $100 billion tokens in circulation

By Elizabeth Howcroft and Juby Babu LONDON (Reuters) -The number of dollar-pegged stablecoins issued by Tether has crossed $100 billion, as the price of bitcoin surged on Tuesday towards a record high

Google rolls out changes for users, apps developers as EU tech rules loom

By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google on Tuesday outlined changes to search results and new tools for apps developers to promote their products on third-party apps and rival app

ADNOC says AI added $500 million of extra value in 2023

By Yousef Saba DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) generated $500 million of additional value in 2023 by using artificial intelligence, the company said on Tuesday. "The value was

Apple’s China iPhone sales plunge 24% in first six weeks of 2024, report says

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

Foxconn’s February revenue down 12.33% y/y, sees Q1 fall

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Tuesday February revenue fell 12.33% year-on-year, and predicted

On Camera

Phase 5 is crunch time for BJP—UP will boost INDIA, Maharashtra will clear up real vs fake

Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?