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Dell hits record high amid rally in AI stocks May 24, 2024 02:05PM

By Yuvraj Malik

(Reuters) - Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology.

AI-heavyweight Nvidia posted strong quarterly results and forecast current-quarter revenue above Wall Street expectations on Wednesday, reinforcing that customers' spending on genAI will continue to hold strong. The... (continue reading...)


Meta submits changes to UK privacy compliance proposals, CMA says May 24, 2024 01:54PM

(Reuters) - Meta Platforms has offered to limit the use of certain data from all advertisers on its Facebook Marketplace platform, as part of amendments to the proposals accepted by the Competition Market Authority (CMA) in November, the regulator said on Friday.

The CMA had accepted commitments from Meta in November that would prevent the social media giant from "exploiting" its advertising customers' data.

Those proposals included... (continue reading...)


Airlines, hotels, retailers fear being left out in Google's search changes May 24, 2024 01:47PM

By Foo Yun Chee

BRUSSELS (Reuters) - Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes their views into account, and not just large intermediaries, when making changes to comply with landmark tech rules.

Airlines for Europe group that has Air France KLM and British Airways owner IAG as members, hotel group Hotrec, European Hotel Forum, EuroCommerce, Ecommerce... (continue reading...)


Hong Kong protest anthem removed by distributor after court injunction May 24, 2024 01:42PM

By Jessie Pang

HONG KONG (Reuters) - A Hong Kong protest anthem was removed by a UK digital music distributor from streaming platforms on Friday following a court injunction in the Chinese territory, the music creators said, as judges warned that dissidents could use the song against the state.

DGX Music, a group of mostly anonymous musicians, said on Friday that EmuBands notified it that "Glory to Hong Kong" would be taken down from all... (continue reading...)


US, Egypt agree to allow aid into Gaza through Kerem Shalom May 24, 2024 01:40PM

WASHINGTON (Reuters) - U.S. President Joe Biden welcomed Egypt's commitment on Friday to allow UN-provided humanitarian aid to flow into Gaza on a temporary basis through the Kerem Shalom crossing, the White House said.

Biden also told Egyptian President Abdel Fattah Al-Sisi in a call that he supported efforts to reopen the southern Rafah crossing under terms acceptable to both Egypt and Israel and that the U.S. would send a senior team to Cairo next... (continue reading...)


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