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Stablecoin Tether exceeds $100 billion tokens in circulation

By Elizabeth Howcroft and Juby Babu LONDON (Reuters) -The number of dollar-pegged stablecoins issued by Tether has crossed $100 billion, as the price of bitcoin surged on Tuesday towards a record high

Google rolls out changes for users, apps developers as EU tech rules loom

By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google on Tuesday outlined changes to search results and new tools for apps developers to promote their products on third-party apps and rival app

ADNOC says AI added $500 million of extra value in 2023

By Yousef Saba DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) generated $500 million of additional value in 2023 by using artificial intelligence, the company said on Tuesday. "The value was

Apple’s China iPhone sales plunge 24% in first six weeks of 2024, report says

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

Foxconn’s February revenue down 12.33% y/y, sees Q1 fall

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Tuesday February revenue fell 12.33% year-on-year, and predicted

Apple China iPhone sales plunge 24% as Huawei’s popularity surges

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced

Cryptoverse: Asian traders give bitcoin blast-off

By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) - Bitcoin's runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for

China to step up quantum computing, AI efforts as it aims for tech self-sufficiency

BEIJING (Reuters) - China will formulate development plans for emerging industries including quantum computing and will continue striving towards achieving self-sufficiency in technology, according to

China aims for self-reliance in tech; vows to open manufacturing to foreign investors

By Joe Cash and Yelin Mo BEIJING (Reuters) - China vowed on Tuesday to build up industries it sees as crucial to future competitiveness, ranging from artificial intelligence to space, while offering

S.Korea authorities discuss prospects for allowing spot bitcoin ETFs

SEOUL (Reuters) - South Korean authorities are discussing whether to allow sales of spot bitcoin exchange-traded funds (ETFs) in the country, the financial watchdog chief said on Tuesday. "Among

On Camera

India can face multi-front conflicts with hostile Dhaka. New Delhi missed chance to engage BNP

India's projects related to BIMSTEC, Look-East-Act-East and Indian Ocean Rim Association could suffer a setback, impacting trade with South Asia and the South-South Cooperation agenda.

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

The aircraft was undertaking a manoeuvre when it plummeted to the ground and burst into a ball of flame. Visuals suggest that the pilot was unable to eject.

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.