By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters. Intel made north of $100 million in software revenue in 2021, the year Lavender was brought in from cloud…
(Reuters) – Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could disable the electronic stability control system, the National Highway Traffic Safety Administration (NHTSA) said on Saturday. Due to the malfunction, the Anti-Lock Brake System (ABS) control module may disable the electronic stability control system, the…
(Corrects to read ‘Tuesday’ (not ‘Wednesday’), in paragraph 1) By Stefano Rebaudo (Reuters) -Sterling hit a 22-month high versus the euro after a sharp rise the day before and was roughly unchanged against the dollar on Tuesday as investors await U.S. inflation data and the outcome of the Federal Reserve’s policy meeting. The single currency…
(Reuters) -Zoom Video Communications raised its full-year revenue forecast on Monday, helped by robust demand for its product portfolio as companies continue to adopt hybrid work models. The upbeat outlook suggests that Zoom’s efforts to incorporate artificial intelligence (AI) into its offerings and broaden its range of services have been successful, capitalizing on the rise…
(Reuters) -Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts its focus to household robots. The e-commerce giant initially launched the canine-like robot for household use in 2021. Astro for Business was launched last November for a range of customers including retail, manufacturing,…
By Stephen Nellis and Arsheeya Bajwa (Reuters) – For chip designer Nvidia, the generative artificial intelligence boom is the gift that keeps on giving. After riding a demand surge sparked by Big Tech’s rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice…
By Sabine Siebold BERLIN (Reuters) – Scrambles of NATO jets to intercept Russian aircraft approaching allied airspace over the Baltic Sea region went up 20% to 25% in the first quarter of 2024, a NATO source said on Thursday, with the increased Russian activity likely due to a hike in NATO drills. The source declined…
By Richard Cowan WASHINGTON (Reuters) – At least three U.S. House of Representatives Democrats were preparing to sign a letter protesting a plan to speed up the official party approval of President Joe Biden’s reelection bid, the lawmakers’ offices said on Tuesday. These Democrats are protesting a move by the party to hold a “virtual…
By Julie Steenhuysen (Reuters) -The Centers for Disease Control and Prevention (CDC) said on Friday that the state of Colorado has reported three presumptive cases of H5 bird flu virus infection in poultry workers. “There are no signs of unexpected increases in flu activity otherwise in Colorado, or in other states affected by H5 bird…
(Reuters) – Walmart has ended its agreement with Capital One Financial, which was the exclusive issuer of Walmart consumer credit cards, the companies said on Friday. The world’s largest retailer had previously accused Capital One of being too slow to post many transactions to cardholders’ accounts, and failing to promptly replace many lost cards. The…
