By Abhirup Roy and Nora Eckert
(Reuters) - Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according to a company memo seen by Reuters.
Discounts and sharp price cuts from competitors, including EV market leader Tesla, to sustain consumer demand amid high interest rates have forced Ford to reciprocate. To re-ignite demand and stave off... (continue reading...)
(Reuters) - IT management firm DXC Technology forecast first-quarter revenue below estimates on Thursday, anticipating cautious spending by clients due to macroeconomic uncertainty.
DXC projected first-quarter revenue in the range of $3.10 billion to $3.15 billion, below analysts' average expectation of $3.3 billion, as per LSEG data.
(Reporting by Juby Babu in Mexico City; Editing by Alan Barona)
By Blake Brittain
(Reuters) - Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their voices and using them without permission in its AI voiceover technology.
Paul Lehrman and Linnea Sage said in the proposed class-action lawsuit that San Francisco-based Lovo is selling AI versions of their voices without permission after tricking them into... (continue reading...)
(Reuters) -Take-Two Interactive Software tempered expectations for fiscal 2025 bookings on Thursday, after setting the release for the highly anticipated "Grand Theft Auto VI" in the fall of calendar 2025.
Shares of the New York-based company fell 4% in extended trading.
The video game publisher now expects bookings between $5.55 billion and $5.65 billion, down from its prior forecast of just over $7 billion.
The downbeat... (continue reading...)
JERUSALEM (Reuters) - Israel's foreign ministry said South Africa was 'presenting biased and false claims' that 'rely on unreliable Hamas sources' in response to a case brought to the U.N.'s top court accusing Israel of genocide on Thursday.
"Israel acts in accordance with international law and its humanitarian obligations," a statement from the Israeli foreign ministry said. "While implementing measures to minimize harm to civilians and civilian... (continue reading...)
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