Uncategorized – Page 132 – I wish I had more to offer

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WASHINGTON, July 12 (Reuters) – U.S. regulators will soon decide on a petition filed by General Motors’ (GM.N) Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls, a top auto safety official said on Wednesday. The petition, filed in February 2022, seeks government approval to deploy vehicles… Continue reading Untitled

Lucid shares drop as deliveries take hit from Tesla’s price war

July 12 (Reuters) – Lucid Group (LCID.O) said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares of the luxury electric-vehicle maker down about 6% on Wednesday. The Saudi Arabia-backed startup has been struggling to ramp up production in the face of supply chain issues, while a price… Continue reading Lucid shares drop as deliveries take hit from Tesla’s price war

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July 12 (Reuters) – Amazon.com’s (AMZN.O) Prime Day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed. U.S. shoppers have been waiting for the best possible… Continue reading Untitled

Chinese hackers accessed government emails, Microsoft says

LONDON, July 12 (Reuters) – Chinese state-linked hackers have secretly accessed email accounts at around 25 organisations including government agencies in a sweeping cyberespionage campaign, Microsoft said on Wednesday. In an interview with ABC television, White House national security adviser Jake Sullivan said the United States had detected a breach of federal government accounts “fairly… Continue reading Chinese hackers accessed government emails, Microsoft says

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BRUSSELS, July 12 (Reuters) – U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware (VMW.N) after offering remedies to help rival Marvell Technology (MRVL.O). The deal, Broadcom’s largest ever, will help the chipmaker diversify into enterprise software. Broadcom offered Marvell and other rivals… Continue reading Untitled

Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

SHANGHAI, July 12 (Reuters) – Germany’s Audi is in talks with SAIC Motor Corp (600104.SS) to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The move, coming as sales of Audi’s EV products fall sharply behind those of… Continue reading Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

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LONDON, July 12 (Reuters) – Britain’s competition regulator said on Wednesday that a new restructured Microsoft-Activision deal could require a fresh merger investigation. The Competition and Markets Authority watchdog had blocked the $69 billion deal in April. Reporting by Paul Sandle, writing by Muvija M; Editing by Kate Holton Our Standards: The Thomson Reuters Trust… Continue reading Untitled

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[1/3]An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song Summary Companies China has cracked down on once free-wheeling tech sector AI chatbots not available for public use in China Rules being developed for China AI appear onerous-analysts HONG KONG, July 12 (Reuters)… Continue reading article with gallery