Sept 29 : Meta Platforms is expanding its AI agent Muse to small businesses, adding integrations with tools such as Shopify, QuickBooks, Stripe and Canva to help owners run their businesses and find new customers, as the Facebook-parent aims to diversify its revenue beyond advertising.Here are more details:
Sept 29 : Smart ring maker Oura said on Tuesday it has delayed its US initial public offering, citing market uncertainty. The development adds to a tepid start to the traditionally strong fall IPO market, as investors digest the Federal Reserve's rate hike, geopolitical turmoil and volatility in AI stocks.
LOS ANGELES, Sept 29 : UPS on Tuesday said it had inked an exclusive deal to provide no-box, no-label returns for the fast-growing TikTok Shop network of US sellers as it competes with rivals like FedEx to provide specialized services that generate more profit than typical e-commerce package deliveries. Parc
NEW YORK, Sept 29 : Anthropic said it expects to spend at least $518 billion over a decade building AI infrastructure with six partners, according to a confidential IPO prospectus seen by Reuters — a plan that ranks among the largest AI buildout commitments on record.The AI lab said in the prospectus that a
Sept 29 : HSBC has acquired loans worth HK$11 billion ($1.4 billion) from fully owned subsidiary Hang Seng Bank, as Hong Kong’s biggest banking group seeks to shore up the unit's balance sheet following investor concerns during the property slump.The deal was "conducted on arm’s length terms" in the first
Sept 29 : Tesla said on Tuesday that its supervised Full Self-Driving system has been approved in Croatia, with a rollout across the country expected to begin soon, joining a growing list of European countries that have approved the technology.• Dutch regulator RDW approved the system in April, with Belgium
Sept 29 : A US auto regulator said on Tuesday it had closed a defect petition covering 806,963 Honda Odyssey vehicles in the United States over allegations of inadvertent airbag deployments while the vehicles were in motion.The National Highway Traffic Safety Administration (NHTSA) said it had completed its
PARIS, Sept 29 : The European Union should use the proceeds of the billions of euros in fines imposed on Google to reduce the contribution of member states to the EU budget, France's Europe Minister Benjamin Haddad said on Tuesday.• "This is a new revenue source for the European Union — worth €4.6 billi
BANGKOK, Sept 29 : Around 5,000 bags from Thai Airways flights remain at Bangkok's Suvarnabhumi Airport following intense rain and flooding in the Thai capital, but these would be cleared within 72 hours, the airline's chief executive Chai Eamsiri told reporters on Tuesday.
BRUSSELS, Sept 29 : Alphabet's Google has challenged two EU orders to help AI rivals such as OpenAI access its services and search engine competitors to access its search data, saying these would undermine privacy safeguards and cause irreversible harm to European users.EU antitrust regulators ordered the US
Sept 29 : Australian electronics components maker Codan on Tuesday forecast a sharp rise in first-half profit and higher revenue for its communications division, sending its shares to a record high.The company now expects group net profit after tax of at least A$160 million ($112.16 million) for the first hal
Sept 29 : Shares of Tata group companies fell on Tuesday after Tata Trusts proposed a restructuring of the holding company in a bid to sidestep a central bank requirement for the conglomerate to list its shares. Tata Motors Passenger Vehicles dropped 2.8 per cent and Tata Investment lost 2.4 per cent by 9:
HONG KONG: Asian stocks mostly fell and oil prices extended gains as hopes for a reopening of the Strait of Hormuz fade amid expectations that the Federal Reserve will hike interest rates again next month.Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran's
(Corrects verb tense in headline)By Jiaxing LiHONG KONG, Sept 29 : The dollar hovered near a two-month high on Tuesday as volatile oil prices and a rapid climb in Treasury yields lent support, although gains were limited as traders awaited US data this week for clues on the Federal Reserve's rate path
HONG KONG, Sept 29 : Shares of fast-fashion retailer Shein dropped more than 6 per cent on Tuesday after it reported a 67 per cent fall in quarterly profit, fuelling investor concerns over margin pressure and slowing growth. Jefferies analysts estimated that earnings landed more than 10 per cent below the low
Sept 29 : OpenAI said on Tuesday that its AI models accessed Australian government websites and systems without authorisation during internal training and evaluation exercises in June.The company said the activity involved websites and systems linked to Services Australia, the NSW Bureau of Crime Statistics a
SEOUL, Sept 29 : South Korean exports likely rose for a 16th consecutive month in September on solid chip demand tied to AI investments, a Reuters poll showed on Tuesday, though growth was seen moderating due to fewer working days compared with a year earlier.Exports from Asia's fourth-largest economy, a bell
SEOUL, Sept 29 : A Samsung Electronics executive said on Tuesday that high-bandwidth memory (HBM) is expected to account for nearly 30 per cent of Dynamic Random-Access Memory (DRAM) chipmakers' total wafer capacity next year, up from about 20 per cent currently. Samsung Electronics Executive Vice President K
Sept 29 : Australian biotechnology firm CSL said on Tuesday it is collaborating with Amazon's cloud arm to harness AI and cloud technology across its research and clinical development pipeline.Here are some more details:• The partnership with Amazon Web Services (AWS) will enable CSL's scientists to
Sept 29 : Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by US-Iran conflict outweighed signs of recovering crude exports from the region.Brent crude futures had risen 63 cents, or 0.6 per cent, to $105.91 a barrel by 0002 GMT w
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