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Sweden’s Klarna fined $733,000 over insufficient GDPR information

COPENHAGEN (Reuters) -Swedish payments group Klarna must pay a fine of 7.5 million crowns ($733,324) for violating the EU's General Data Protection Regulation (GDPR) by not providing sufficient

Exclusive-Astorg considers sale of IP software firm Anaqua, sources say

By Emma-Victoria Farr and Amy-Jo Crowley FRANKFURT/LONDON (Reuters) - Private equity firm Astorg is considering a sale of its U.S.-based intellectual property software firm Anaqua, four people

Spain’s High Court upholds temporary ban on Worldcoin iris-scanning venture

MADRID (Reuters) - Spain's High Court said on Monday that it upheld a temporary ban placed on an iris-scanning venture by Tools for Humanity, dismissing an appeal by the Worldcoin owner. The court

Sweden’s Klarna fined $733,000 over data protection shortcomings

COPENHAGEN (Reuters) - Swedish payments group Klarna must pay an administrative fine of 7.5 million Swedish crowns ($733,324) for violation of the EU's General Data Protection Regulation, a Swedish

Silicon Box to invest $3.5 billion in new chip plant in Italy

ROME (Reuters) -Singapore-based semiconductor firm Silicon Box will invest 3.2 billion euros ($3.50 billion) in a new plant in northern Italy under a government-backed deal, the country's industry

Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source

(Reuters) -Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger "Grok" this week, days after he sued OpenAI for abandoning its original mission in

UK allows professional investors to use crypto exchange-traded notes

By Tom Wilson LONDON (Reuters) -Britain's financial watchdog on Monday approved the launch of crypto-backed exchange-traded notes for professional investors, becoming the latest regulator to allow

Singapore-based Silicon box to invest $3.5 billion in new chip plant in Italy

ROME (Reuters) - Singapore-based semiconductor firm Silicon Box will invest 3.2 billion euros ($3.50 billion) in a new plant in northern Italy under a government-backed deal, the country's industry

Bank of Japan skips ETF buying, stoking policy speculation

By Brigid Riley and Junko Fujita TOKYO (Reuters) -The Bank of Japan said it made no purchases of Japanese exchange-traded funds on Monday despite local shares dropping sharply, stoking speculation

Next Autopilot trial to test Tesla’s blame-the-driver defense

By Dan Levine and Hyunjoo Jin (Reuters) - Six weeks before the first fatal U.S. accident involving Tesla's Autopilot in 2016, the automaker's president Jon McNeill tried it out in a Model X and

On Camera

Pakistan will regret letting the Army back in

While the "establishment" has enjoyed a large share of power, last week's constitutional amendments gave Army chief Asim Munir additional powers and lifelong immunity from prosecution.

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.