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Alibaba Cloud announces steep price cut in race for AI customers

By Josh Ye HONG KONG/SHANGHAI (Reuters) -China's Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe price cut to date, amid intensifying

US says to investigate national security data risks from Chinese vehicles

By David Shepardson WASHINGTON (Reuters) - The White House said on Thursday the United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could

Meta targeted in privacy complaints by EU consumer groups

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms was hit with privacy complaints on Thursday as eight EU consumer groups asked watchdogs to act against the Facebook owner for alleged breaches of the

Semiconductor parts maker Aixtron sees further sales growth after Q4 beat

(Reuters) - German chipmaking tools manufacturer Aixtron on Thursday forecast further revenue growth for 2024, driven by growing in demand for its new products used in the production of compound

South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems

By Hyonhee Shin and Joyce Lee SEOUL (Reuters) -South Korean President Yoon Suk Yeol met Meta's CEO Mark Zuckerberg on Thursday for talks to explore ways to increase cooperation with the U.S. company

French company Atos takes on two directors representing shareholder Onepoint

PARIS (Reuters) - Atos appointed three new directors to its board, two of whom will represent its "anchor" shareholder Onepoint, which holds 11.4% of the group, the embattled French IT company said on

Hong Kong’s largest bitcoin ETF assets up five-fold since October

By Summer Zhen HONG KONG (Reuters) - Hong Kong's largest bitcoin futures exchange-traded fund saw its assets under management swell five-fold in the past five months to just over $100 million, as

Meta targeted in privacy complaints by 8 EU consumer groups

By Foo Yun Chee BRUSSELS (Reuters) - Meta Platforms was hit with privacy complaints on Thursday as eight EU consumer groups asked watchdogs to act against the Facebook owner for allegedly breaching

US SEC probes whether OpenAI investors were misled, WSJ reports

(Reuters) -The U.S. Securities and Exchange Commission is scrutinizing internal communications by OpenAI CEO Sam Altman as part of an investigation into whether the company's investors were misled,

US SEC investigating if OpenAI investors were misled, WSJ reports

(Reuters) -The U.S. Securities and Exchange Commission is scrutinizing internal communications by OpenAI Chief Executive Sam Altman as part of an investigation into whether the company's investors

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'?