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Oct 28 : Gen Digital raised its annual revenue forecast on Wednesday, signaling sustained demand for its cybersecurity offerings as consumers seek protection from increasingly sophisticated online threats.Shares of the company rose about 7…
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Oct 28 : Microsoft on Wednesday delivered a big cash flow beat and forecast strong cloud growth, offering fresh evidence that its hefty AI bets were paying off even as concerns mount over Big Tech's spending spree.The results underscore a…
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Oct 28 : Microsoft on Wednesday forecast fiscal second-quarter cloud growth and overall sales that beat Wall Street estimates, sending shares up more than 5 per cent in after-hours trading.The forecast came after Microsoft had earlier…
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Oct 28 : Google parent Alphabet on Wednesday missed Wall Street profit and revenue expectations, and AI spending accelerated its cash burn, sending its shares down more than 10 per cent in extended trading.Capital expenditures, driven by…
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Oct 28 : T-Mobile raised the lower end of its annual adjusted free cash flow forecast on Wednesday, after strong customer growth helped the wireless carrier beat quarterly revenue estimates. The company gained 274,000 postpaid net accounts…
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BRUSSELS, Oct 28 : Meta announced on Wednesday that it was indefinitely delaying the rollout of its new commercial terms following concerns from publishers and digital advertisers, in a move that could stave off potential regulatory…
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Oct 28 : Oracle said on Wednesday it expects capital spending to peak this fiscal year and next as it builds more cloud-computing capacity, but pledged to raise no more than $20 billion in additional financing for AI through fiscal…
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WASHINGTON, Oct 28 : Scientists using a Chile-based telescope have identified an icy object orbiting beyond Pluto that may join our solar system's small roster of dwarf planets.Researchers said the candidate, named 2026 ED138, has a…
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BRUSSELS, Oct 28 : Belgium's Federal Public Service Finance said on Wednesday that a cyberattack had hit its digital services, forcing the temporary shutdown of the country's online tax portal and several other services. The agency said…
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WASHINGTON, Oct 28 : The United States on Wednesday banned imports from three Chinese genomics companies for allegedly working with the government of Xinjiang to enable the forced labor of Uyghur and other ethnic minorities.The companies…
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Oct 28 : Telenor's efforts to persuade mobile customers to pay more for network quality and security services could face a new test from AI shopping agents expected to focus heavily on price, executives said on Wednesday.The Norwegian…
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Oct 28 : Amazon.com on Wednesday unveiled five new Alexa-powered devices including a redesigned Echo Show 16 smart display and a photo frame with built-in Alexa, as it pushes its latest version of the voice assistant into customers'…
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LONDON/HONG KONG, Oct 28 : With jet fuel prices at roughly double their levels before the Iran war, airlines are growing increasingly reluctant to lock in future fuel costs through new hedges, warning instead of steep fare increases to…
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SEOUL, Oct 28 : South Korea's Media and Communications Commission has fined Google and Apple for limiting users to specific app payment systems and ordered corrective measures, the regulator said on Wednesday.Google was fined 42.9 billion…
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Oct 28 : The US dollar held onto gains on Wednesday after reaching a two-week high ahead of the Federal Reserve's interest rate decision, while sterling investors awaited the Andy Burnham government's first budget, hoping it would avoid a…
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Oct 28 : Swiss banking software firm Temenos' CEO Takis Spiliopoulos said sovereign AI and cloud initiatives in Europe were not yet mature enough for major banks to adopt, as the region seeks greater technological autonomy from US…
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BEIJING, Oct 28 : Oil prices rose on Wednesday after an attack on a refinery in Saudi Arabia, the world's biggest crude exporter, renewed concerns around the risks to supply in the Middle East stemming from the conflict with Iran and its…
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Oct 27 : OpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology companies ramp up spending to meet surging demand for AI computing.The reported plan would deepen…
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SEOUL, Oct 28 : South Korean chipmaker SK Hynix reported a more than seven-fold rise in quarterly operating profit to a record high on Wednesday, beating market forecasts, as continued demand for AI infrastructure drove up memory chip…
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LOS ANGELES, Oct 27 : UPS CEO Carol Tome told Reuters on Tuesday the AI data center boom is a decades-long opportunity for the world's largest parcel delivery and logistics company, which aims to boost profits by handling fewer, but more…
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NEW YORK, Oct 27 : The US Federal Election Commission's website has been targeted by a hacker or hackers, disrupting the agency's electronic filings system a week before the November 3 elections, according to an email seen by Reuters.In a…
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Oct 27 : The Federal Communications Commission said Tuesday it has approved Amazon Leo’s $11.5 billion deal to acquire Globalstar as the retail giant's satellite arm aims to build a satellite-based communications network to take on Elon…
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Oct 27 : ASM International forecast on Tuesday fourth-quarter revenue above expectations and said it would reach its 2030 sales target three years early, driven by AI-related capacity investments.The Dutch chip equipment maker expects…
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NEW YORK, Oct 27 : A US regulator is investigating whether prediction market operator Polymarket violated a 2022 enforcement deal in which it promised to ban US users from its main overseas platform, reviving an inquiry the agency…
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