Uncategorized – Page 119 – I wish I had more to offer

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July 26 (Reuters) – Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend with the mounting cost and frequency of cyber attacks. The five-member U.S. Securities and Exchange Commission was also… Continue reading Untitled

Technologycategory

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In challenge to Tesla, major automakers launch EV charging network

July 26 (Reuters) – A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the United States in a challenge to Tesla and a bid to take advantage of Biden administration subsidies. The group includes General Motors (GM.N), Stellantis (STLAM.MI), Hyundai Motor (005380.KS) and its… Continue reading In challenge to Tesla, major automakers launch EV charging network

India’s Tech Mahindra Q1 profit falls 39% as clients cut spending

BENGALURU, July 26 (Reuters) – India’s Tech Mahindra (TEML.NS) on Wednesday reported a fall in first-quarter profit, as challenging macroeconomic conditions prompted clients to curb discretionary spending. The company’s consolidated net profit fell 38.8% to 6.93 billion rupees ($84.5 million) for the quarter ended June 30. ($1 = 81.9937 Indian rupees) Reporting by Nishit Navin… Continue reading India’s Tech Mahindra Q1 profit falls 39% as clients cut spending

Technologycategory

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July 26 (Reuters) – OpenAI, Microsoft (MSFT.O), Alphabet’s (GOOGL.O) Google and Anthropic are launching a forum to regulate the development of large machine learnings models, the industry leaders of artificial intelligence said on Wednesday. The group will focus on ensuring safe and responsible development of what is called “frontier AI models” that exceed the capabilities… Continue reading Untitled

Nissan seals Renault deal, now faces hard yards in China

[1/2]The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes Summary Companies Investment ends months of talks over structure of alliance Renault to lower Nissan stake to 15% Ampere valued at up to 10 bln… Continue reading Nissan seals Renault deal, now faces hard yards in China

Porsche’s iconic 911 to be sole survivor of automaker’s combustion models

[1/3]FILE PHOTO-A Porsche 911 Carrera S is on display during the 75 years Porsche sports car exhibition “Driven by Dreams” in Berlin, Germany, January 25, 2023. REUTERS/ Lisi Niesner/File Photo LONDON, July 26 (Reuters) – Porsche (P911_p.DE) has a plan to gradually electrify its car lineup so that electric vehicles make up 80% of sales… Continue reading Porsche’s iconic 911 to be sole survivor of automaker’s combustion models

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[1/2]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/ HONG KONG, July 26 (Reuters) – Alibaba’s (9988.HK) cloud computing division said it has become the first Chinese enterprise to support Meta’s (META.O) open-source artificial intelligence (AI) model Llama, allowing its… Continue reading article with gallery

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July 25 (Reuters) – Artificial intelligence is expected to pay off big for tech giants including Microsoft (MSFT.O) and Alphabet (GOOGL.O) someday. But expect deeper investments before gains trickle to the bottom line, the companies said on Tuesday. Microsoft said costs rose sharply as it built new data centers to support AI and that capital… Continue reading Untitled