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China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry

China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry

Jul 16, 2023 | Asia, Business, Economy, Europe, Politics, Technology, Top News

By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South...
Tesla builds first Cybertruck after two years of delays

Tesla builds first Cybertruck after two years of delays

Jul 15, 2023 | Business, Technology, Top News, US

(Reuters) – Tesla built its first Cybertruck at the electric-vehicle marker’s plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon Musk introduced the pickup truck in a 2019 reveal where the...
Elon Musk says xAI will examine universe, work with Twitter and Tesla

Elon Musk says xAI will examine universe, work with Twitter and Tesla

Jul 14, 2023 | Business, Technology, US

By Sheila Dang and Krystal Hu (Reuters) -Elon Musk on Friday said the purpose of his new artificial intelligence company, xAI, will be to “understand the universe.” In an often meandering 90-minute long Twitter Spaces audio chat, the billionaire discussed...
Bitcoin hovers near 13-month high as investors cheer Ripple ruling

Bitcoin hovers near 13-month high as investors cheer Ripple ruling

Jul 14, 2023 | Business, Economy, Europe, Technology

By Tom Westbrook, Rae Wee and Hannah Lang SINGAPORE/WASHINGTON (Reuters) – Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a legal victory in which the cryptocurrency XRP was ruled not to be a...
Microsoft under fire after hacks of US State and Commerce departments

Microsoft under fire after hacks of US State and Commerce departments

Jul 13, 2023 | Asia, Business, Technology, Top News, US

By Raphael Satter WASHINGTON (Reuters) – In late June, one of cybersecurity expert Steven Adair’s clients got an alert from Microsoft: one of the client’s employees working on human rights issues had their email account compromised. The client wanted...
Elon Musk launches AI firm xAI as he looks to take on OpenAI

Elon Musk launches AI firm xAI as he looks to take on OpenAI

Jul 13, 2023 | Business, Middle East, Science, Technology, US

(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S. technology firms that he hopes to challenge in his bid to build an alternative...
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