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Britain summons Chinese charge d’affaires over alleged cyber hacking

LONDON (Reuters) -Britain on Tuesday summoned the chargé d’affaires of the Chinese Embassy in London after accusing Chinese state-backed hackers of stealing data from Britain's elections watchdog and

Reddit shares surge a day after options launch, set to nearly double IPO price

(Reuters) - Shares of social media platform Reddit jumped 11% on Tuesday, set to extend a strong run from a day earlier following the launch of options on the stock. At current price of $67.5, more

Factbox-Scrutiny of iris-scanning crypto project Worldcoin grows

LONDON (Reuters) -Governments around the world are scrutinising Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman that was launched in July 2023. More than 4.5 million people globally

Exclusive – US lawmaker seeks answers on FDA inspection of Musk’s Neuralink

By Marisa Taylor WASHINGTON (Reuters) - A U.S. lawmaker involved in health policy has asked the Food and Drug Administration why it did not inspect Elon Musk's Neuralink before allowing the brain

Portugal orders Sam Altman’s Worldcoin to halt data collection

By Elizabeth Howcroft LONDON (Reuters) -Portugal's data regulator has ordered Sam Altman's iris-scanning project Worldcoin to stop collecting biometric data for 90 days, it said on Tuesday, in the

Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan

By Casey Hall and Rishav Chatterjee SHANGHAI (Reuters) - Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for

Chinese e-commerce giant Alibaba’s bumpy restructuring journey

SHANGHAI (Reuters) - Alibaba said on Tuesday it would shelve plans to list its logistics arm, the latest twist in the Chinese e-commerce giant's restructuring efforts since embarking on the biggest

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT (Reuters) -Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on

France’s Atos expands debt restructuring talks after record losses

By Mathieu Rosemain and Augustin Turpin (Reuters) -Atos, the crisis-hit French IT consulting firm whose shares have plummeted over the last two years, said it was aiming to restructure its debt by

Autonomous driving software maker Horizon Robotics files for Hong Kong IPO

(Reuters) - Chinese autonomous driving software maker Horizon Robotics has filed for a listing on the Hong Kong Stock Exchange without disclosing any details about share issuance and value of the

On Camera

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.