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Amazon’s AWS removes data transfer fees for clients switching to rivals

By Martin Coulter LONDON (Reuters) - Amazon's AWS said on Tuesday that customers who want to transfer their data to another cloud service provider will not have to pay any network fees globally.

Hacker forum post claims UnitedHealth paid $22 million ransom in bid to recover data

By Raphael Satter WASHINGTON (Reuters) - A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group paid $22 million in a bid to recover access to data and systems encrypted

US issues cybersecurity-related sanctions on Intellexa, Treasury website shows

WASHINGTON (Reuters) - The U.S. on Tuesday issued sanctions on Intellexa and other entities under cybersecurity-related authorities, a posting on the Treasury website showed. (Reporting by Susan

Russia’s Sberbank: AI to make 60% of corporate loan decisions by year-end

MOSCOW (Reuters) - Decisions on 60% of corporate loans issued by Russia's top lender Sberbank will be made using artificial intelligence (AI) by the end of this year, CEO German Gref said on Tuesday.

Cadence to buy BETA CAE Systems for $1.24 billion

By Stephen Nellis and Arsheeya Bajwa (Reuters) -Cadence Design Systems will buy BETA CAE Systems International AG, which makes software for analyzing car and jet engine designs, for $1.24 billion in

Western Digital names heads for flash memory, HDD units after split

(Reuters) - Western Digital on Tuesday named chief executives for its soon-to-be separated flash memory and traditional hard-disk drive (HDD) businesses and said the process was on track for

Blackcat ransomware site claims it was seized; UK law enforcement denies being behind disruption

WASHINGTON (Reuters) - The website used by the hackers responsible for the breach at UnitedHealth Group has been replaced by a notice claiming it was seized by international law enforcement. But at

AI-focused blockchain startup IO Research raises $30 million in Series A funding round

By Lisa Pauline Mattackal (Reuters) - IO Research, an artificial intelligence (AI)-focused blockchain startup, said on Tuesday it raised $30 million in a Series A funding round from investors

MicroStrategy slips from 24-year high on convertible offering to buy more bitcoins

By Medha Singh (Reuters) -Shares of MicroStrategy dropped about 9% on Tuesday after the software firm announced plans to raise funds through a $600 million private offering of convertible notes to buy

Bitcoin hits record high on increased investor appetite

By Amanda Cooper and Ankur Banerjee LONDON/SINGAPORE (Reuters) -Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

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.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.