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Many US telecom firms need more funding to replace Huawei and ZTE equipment, FCC says

WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said on Thursday nearly 40% of U.S. telecom companies need additional government funding to remove equipment made by Chinese telecoms

US judge questions Google, DOJ in market power trial closing

WASHINGTON (Reuters) -U.S. District Judge Amit Mehta peppered the Justice Department and Alphabet's Google with questions in the first day of closing arguments in the government's antitrust lawsuit

Oracle updates database technology for AI chatbots

By Stephen Nellis (Reuters) - Oracle on Thursday released an update to its database technology intended to make it more useful with artificial intelligence technology. The update, which is called

Israeli cyber startup Apex gets initial investment from OpenAI’s Altman

By Steven Scheer JERUSALEM (Reuters) - Israeli cyber security start-up Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an

Apple to extend new core technology fee to iPadOS apps

By Foo Yun Chee BRUSSELS (Reuters) - Apple will extend a newly introduced core technology fee to iPadOS apps downloaded on its App Store after the operating system for iPads was added to a list of key

Freshworks plunges after cutting annual revenue forecast, CEO transition

(Reuters) - Freshworks' shares plunged nearly 30% in premarket trading on Thursday after the CRM software maker cut its full-year revenue forecast and named a new CEO. The company now expects annual

Qualcomm jumps as AI sparks rebound in Chinese smartphone market

(Reuters) - Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump. Sales

Nigeria court adjourns Binance and execs trial to May 17

By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Thursday adjourned a money laundering trial against cryptocurrency exchange Binance and two of its executives to May 17 after a lawyer for the

Tech giants’ market cap falls on AI doubts, high rates; Alphabet, Tesla gain

(Reuters) - The market capitalisation of top technology giants fell sharply in April, pressured by diminishing enthusiasm for artificial intelligence and a scaling back of expectations for central

Google faces closing arguments in US market power trial

WASHINGTON (Reuters) - The U.S. government will layout its antitrust case against Alphabet's Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

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.