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Vehicle software maker Applied Intuition raises $250 million from Porsche, others

By Gursimran Mehar and Krystal Hu (Reuters) -U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company

White House meets with UnitedHealth CEO over hack

(Reuters) - White House officials met with UnitedHealth Group CEO Andrew Witty and others in the industry on Tuesday to discuss a hack at the healthcare conglomerate's tech unit that has disrupted

US spy chief “cannot rule out” that China would use TikTok to influence US elections

By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) -China could use social media app TikTok to influence the 2024 U.S. elections, U.S. Director of National Intelligence Avril Haines told a

China’s Xiaomi to start first EV deliveries this month

By Sarah Wu and Qiaoyi Li BEIJING (Reuters) -Xiaomi will this month start deliveries of its first electric vehicle (EV) in China, it said on Tuesday, venturing into the world's largest auto market at

Leonardo seeks central role in EU defence strategy

By Giulia Segreti ROME (Reuters) -Italy's Leonardo aims to play a central role in the expansion of the European defence sector, its chief executive said on Tuesday, strengthening its technological

US unveils roadmap to study, shift government spectrum for wireless use

By David Shepardson WASHINGTON (Reuters) -The Biden administration on Tuesday released a detailed timeline for studying significant government-owned spectrum with the aim of helping to expand wireless

Google restricts AI chatbot Gemini from answering queries on global elections

(Reuters) - Google is restricting AI chatbot Gemini from answering questions about the global elections set to happen this year, the Alphabet-owned firm said on Tuesday, as it looks to avoid potential

White House summons UnitedHealth CEO over hack, Washington Post reports

(Reuters) -White House officials at a meeting on Tuesday urged UnitedHealth Group CEO Andrew Witty to make more emergency funding available to healthcare providers affected by a hack at its tech unit,

Grayscale plans spin off of spot bitcoin ETF

By Niket Nishant and Hannah Lang (Reuters) -Digital asset manager Grayscale Investments on Tuesday filed for a spin-off of its spot bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (

Apollo reaches out to Paramount about deal, Axios reports

(Reuters) - Apollo Global Management has in recent days reached out to a special committee formed by Paramount Global about a possible takeover or asset purchase, Axios reported on Tuesday citing two

On Camera

India’s labour policy left it unable to compete with other eastern economies: Nani A Palkhivala

Liberty without accountability is the freedom of the fool. Our concept of freedom will remain impoverished until it is deepened by liberal education, wrote Nani A Palkhivala in 1995.

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.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

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.