Japan’s government says it asked the U.S. to exclude it from 25% steel and aluminum tariffs, a change from duty-free quotas that Tokyo was given previously Japan ‘s government said Wednesday it asked the U.S. to exclude it from 25% steel and aluminum tariffs, a change from duty-free quotas that Tokyo was given previously. Japan made the…
Coca-Cola said Tuesday it’s confident it can mitigate the Trump administration’s 25% tariff on aluminum by shifting its suppliers, relying more heavily on plastic bottles and other tools Coca-Cola said Tuesday it’s confident it can mitigate the Trump administration’s tariffs on aluminum by shifting its suppliers, relying more heavily on plastic bottles and other tools. “It’s not…
OpenAI is seeking to stop Indian media groups, including those of Gautam Adani and Mukesh Ambani, from joining a copyright lawsuit against the U.S. company, saying it does not use their content to train ChatGPT, a legal filing seen by Reuters shows. The Microsoft-backed company said that it is not obligated to enter into partnership…
German software developer TeamViewer laid out its medium-term revenue growth targets on Wednesday after it completed its acquisition of IT firm 1E, sending its shares around 5% up. TeamViewer forecast revenue in 2028 to be between 1.03 billion and 1.06 billion euros ($1.07-$1.10 billion) with an adjusted EBITDA margin forecast of 44% to 45%. The…
China’s Baidu is set to launch the next iteration of its artificial intelligence model in the second half of 2025, a person with direct knowledge of the matter told Reuters. The new model, Ernie 5, will feature multimodal capabilities enabling it to process and convert between different formats including text, video, images and audio, CNBC…
China’s e-commerce giant JD.com is venturing into the country’s highly competitive food delivery business, announcing on Tuesday that it will register catering merchants on its courier system. The company posted on its official Weixin account, inviting merchants: “Join us now, zero commissions all year round!” Catering merchants who register with JD Takeaway before May 1…
Israeli contract chipmaker Tower Semiconductor forecast first-quarter 2025 revenue slightly above estimates on Monday, on expectations of resilient demand for its chips from the automobile sector. The U.S.-listed shares of the company were up 1% in premarket trading. Tower makes analog and mixed-signal semiconductors used mainly in automobiles for “fabless” firms, which design chips but…
Shopify posted its best quarterly revenue growth in three years on Tuesday, as healthy consumer spending and the e-commerce company’s efforts to load its platform with AI features for sellers helped drive strong holiday sales. The Canadian company’s shares, however, were down about 2% in early trading as investors fretted over its weaker-than-expected current-quarter profit…
The European Union has gone too far with artificial intelligence regulations, making it harder for global companies to deploy the technology in the region, said Aiman Ezzat, chief executive of French IT consulting group Capgemini, in an interview. Ezzat’s comments, ahead of the AI Action summit in Paris on Monday, come amid growing frustration with…
Major world political leaders are meeting for an AI summit in Paris Major world leaders are meeting for an AI summit in Paris, where challenging diplomatic talks are expected as tech titans fight for dominance in the fast-moving technology industry. Heads of state, top government officials, CEOs and scientists from around 100 countries are participating in…
