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USDOT says Verizon ‘not moving fast enough’ on $2.4 billion FAA contract

WASHINGTON (Reuters) - U.S. Transportation Secretary Sean Duffy said Verizon is "not moving fast enough" in its $2.4 billion 15-year telecom contract with the Federal Aviation Administration. Duffy,

Franklin Templeton files for XRP ETF as altcoin adoption ramps up

(Reuters) - Franklin Templeton is planning to launch an exchange-traded fund that will track the spot price of cryptocurrency XRP, underscoring the increasing appetite of asset managers for digital

OpenAI launches new developer tools as Chinese AI startups gain ground

(Reuters) - OpenAI launched new tools for developers on Tuesday that will help them build advanced AI agents, using a few application programming interfaces (APIs), amid growing competition from

If Europe builds the gigafactories, will an AI industry come?

By Toby Sterling AMSTERDAM (Reuters) - The European Commission is raising $20 billion to construct four "AI gigafactories" as part of Europe's strategy to catch up with the U.S. and China on

Brazil eyes revisiting fintech reporting rules amid money laundering concerns

BRASILIA (Reuters) - Brazil will eventually need to resume discussions on requiring financial technology companies to report transaction values to the tax revenue service, the agency's head said on

Spain to impose massive fines for not labelling AI-generated content

MADRID (Reuters) - Spain's government approved a bill on Tuesday imposing massive fines on companies that use content generated by artificial intelligence (AI) without properly labelling it as such,

China’s Manus AI partners with Alibaba’s Qwen team in expansion bid

BEIJING (Reuters) -China's Manus AI announced on Tuesday a strategic partnership with the team behind tech giant Alibaba's Qwen AI models, a move that could bolster the artificial intelligence

Verizon’s ‘unusual’ quarter warning rattles US telecom shares

(Reuters) - Verizon Communications warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter, knocking its shares down more than 7% and

Verizon warns of ‘soft’ subscriber growth on strong competition, shares fall

(Reuters) - Verizon warned on Tuesday that first-quarter subscriber growth would likely be "soft" as rival carriers attract customers with promotions, sending its shares down 5.3% in premarket trading

Italy’s Synapsia signs $2.5 billion deal with UAE’s Bold Technologies

ROME (Reuters) - Italy's Synapsia has signed a $2.5-billion contract with UAE's Bold Technologies to provide AI-powered city management services for Abu Dhabi, Synapsia CEO Daniele Marinelli told

On Camera

US-Pakistan romance is not new. Why does India feel betrayed?

I don’t believe that the US-India relationship has deteriorated beyond repair. There are ways of handling Trump, even if the Pakistanis have outplayed us this year.

BJP MPs go full throttle against Trump even as govt hails enduring India-US ties amid tariff tension

New Delhi: While the Indian government has made a measured response to the 25 percent trade tariff imposed by Donald Trump, many in the BJP...

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.