A view shows the ship Malacca Highway at shore as port workers are blocking the loading of Tesla vehicles, in Malmo, Sweden, November 7, 2023. Johan Nilsson/TT News Agency/via REUTERS/File Photo Acquire Licensing Rights STOCKHOLM, Nov 17 (Reuters) – Dockworkers in Sweden expanded their protest action against Tesla (TSLA.O) on Friday and are now preventing… Continue reading Union pressure on Tesla grows in Sweden as dockworkers expand strike
Author: Ritters US Newsfeed
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Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG KONG/SHANGHAI, Nov 17 (Reuters) – Alibaba Group’s (9988.HK) Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties fuelled by U.S.… Continue reading Untitled
Technologycategory
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Reaction to Alibaba’s scrapping of cloud unit spin-off
3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing Rights HONG KONG, Nov 17 (Reuters) – Hong Kong-listed shares of China’s Alibaba Group (9988.HK) plunged 10% on Friday, wiping about $20 billion off its market value,… Continue reading Reaction to Alibaba’s scrapping of cloud unit spin-off
Australian telco Optus tells lawmakers it had no plan to address total outage
SYDNEY, Nov 17 (Reuters) – Australia’s second-largest telco, Optus, had no crisis plan when a network-wide outage left nearly half the country without phone or internet for 12 hours, an executive told parliament on Friday, acknowledging the company’s defences had failed. The Singapore Telecommunications-owned (STEL.SI) company had recently war-gamed scenarios in which the routers that… Continue reading Australian telco Optus tells lawmakers it had no plan to address total outage
Exclusive: Applied Materials under US criminal probe for shipments to China’s SMIC
A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 16 (Reuters) – Semiconductor equipment maker Applied Materials (AMAT.O) is under U.S. criminal investigation for potentially evading export restrictions on China’s top chipmaker SMIC, according to three… Continue reading Exclusive: Applied Materials under US criminal probe for shipments to China’s SMIC
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[1/2]ChatGPT logo is seen in this illustration taken September 28, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights SAN FRANCISCO, Nov 16 (Reuters) – OpenAI, whose generative AI products initially raised fears of widespread cheating on homework, is now exploring how it can get its popular ChatGPT chatbot into classrooms, according to a senior executive. OpenAI’s… Continue reading article with gallery
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Staff members stand at the booth of Chinese electric vehicle (EV) maker Li Auto, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing Rights SHANGHAI, Nov 17 (Reuters) – Chinese automaker Li Auto (2015.HK) said on Friday it will start mass production of its first pure electric car in… Continue reading Untitled
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The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights WASHINGTON, Nov 16 (Reuters) – The U.S. government highlighted key parts of its antitrust arguments against Alphabet’s (GOOGL.O) Google on Thursday, wrapping up the evidentiary phase of a court… Continue reading Untitled
Legalcategory
— Joe Biden nominated Nicole Berner, the top lawyer at a major labor union, and Adeel Mangi, a Muslim American attorney, to the 4th and 3rd Circuits, respectively. — A larger percentage of U.S. law firms signed leases that expanded their office square footage in 2023 compared to last year. — Donald Trump fundraiser Elliott… Continue reading Legalcategory