Worldcategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Australia bans TikTok on government devices over security concerns, article with gallery

SYDNEY, April 4 (Reuters) – Australia banned TikTok on Tuesday from all federal government-owned devices over security concerns, becoming the latest U.S.-allied country to take action against the Chinese-owned video app. The ban underscores growing worries that China could use the Beijing-based company, owned by ByteDance Ltd, to harvest users’ data to advance its political… Continue reading Australia bans TikTok on government devices over security concerns, article with gallery

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April 4 (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March 23 on Deribit, a leading… Continue reading Untitled

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[1/2] A view shows Blizzard Entertainment’s campus, after Microsoft Corp announced the purchase of Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history, in Irvine, California, U.S., January 18, 2022. REUTERS/Mike Blake WASHINGTON, April 3 (Reuters) – The U.S. Justice Department agreed to a settlement with Activision Blizzard (ATVI.O) to resolve the… Continue reading Untitled

Governmentcategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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April 3 (Reuters) – Tesla Inc (TSLA.O) shares fell 5% on Monday, dragged down by growing worries about the electric-vehicle maker’s profit margins after aggressive price cuts led to only a modest increase in quarterly deliveries. After slashing prices on its vehicles by as much as 20% in January, Tesla posted record deliveries of 422,875… Continue reading Untitled

US first-quarter auto sales set to rise on better inventory, article with image

April 3 (Reuters) – U.S. auto sales are expected to rise for a second straight quarter as automakers are able to ship more vehicles to dealers on time, analysts said, while focus will also be on watching out for signs of plateauing demand. Vehicle production took a hit after the pandemic disrupted supply of semiconductor… Continue reading US first-quarter auto sales set to rise on better inventory, article with image

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April 1 (Reuters) – Last year, Kris Kashtanova typed instructions for a graphic novel into a new artificial-intelligence program and touched off a high-stakes debate over who created the artwork: a human or an algorithm. “Zendaya leaving gates of Central Park,” Kashtanova entered into Midjourney, an AI program similar to ChatGPT that produces dazzling illustrations… Continue reading Untitled

Indonesia lowers VAT on electric vehicles to 1%, article with image

JAKARTA, April 3 (Reuters) – Indonesia has lowered its value-add tax on battery-based electric vehicle sales to 1% from 11% to encourage the adoption of EVs, a government ministry said on Monday, amid efforts to attract investment into domestic production, The incentive came into effect this month and will remain in place until the end… Continue reading Indonesia lowers VAT on electric vehicles to 1%, article with image

Tesla misses delivery estimates as weak economy overshadows price cuts, article with image

April 2 (Reuters) – Tesla Inc (TSLA.O) on Sunday missed estimates for first-quarter deliveries as a bleak economic outlook and rising competition outweighed the electric automaker’s efforts to prop up demand with price cuts. Tesla delivered 422,875 vehicles, a record high for the automaker but smaller than analyst expectations for 430,008 vehicles, according to Refinitiv… Continue reading Tesla misses delivery estimates as weak economy overshadows price cuts, article with image