Reuters

NASA's DART Spacecraft Hits Target Asteroid in First Planetary Defense Test

NASA’s DART spacecraft successfully slammed into a distant asteroid at hypersonic speed on Monday in the world’s first test of a planetary defense system, designed to prevent a potential doomsday meteorite collision with Earth. Humanity’s first attempt to alter the motion of an asteroid or any celestial body played out in a NASA webcast from […]

Saudi NEOM's Tech Unit Rebrands, Invests $1 Billion in 2022 -CEO

NEOM Tech & Digital, a subsidiary of the $500 billion signature NEOM project of the Saudi crown prince, has invested $1 billion in 2022 in AI, including a metaverse platform, its chief executive said on Tuesday. Joseph Bradley said the company is also changing its name to Tonomus as NEOM works to integrate AI techs […]

Soccer-World Cup Players to Get FIFA Data Analysis App

When the World Cup kicks off in Qatar on Nov. 20 fans can expect a flurry of stats and match footage on social media and FIFA is hoping that includes data and content from a new player app. FIFA said on Friday that all players at the finals will be able to browse their performance […]

SoftBank Looks to Form a 'Strategic Alliance' Between Arm and Samsung

SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]

Canada, South Korea Seek deeper Cooperation on Critical Minerals

Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles (EVs) batteries as both countries seek to cut emissions to fight climate change. Yoon visited London for the funeral of Queen Elizabeth, and then New York in his first U.S. trip […]

Ericsson Says no Hardware Exported to Russia, Only Software Support

STOCKHOLM (Reuters) – Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports. Shares of the company fell 4.6 percent in morning trading. Ericsson […]

New China ETFs Test Investor Appetite Amid Sino-U.S. Tech War, Market Rout

Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a global rout in tech shares. The new batch of exchange-traded funds (ETFs) were given regulatory approval at record pace over the weekend, in an apparent effort by authorities […]

Chipmaker Qualcomm Says Automotive Future Business Expands to $30 Billion

(Reuters) -U.S. chip designer Qualcomm Inc on Thursday said its automotive business “pipeline” increased to $30 billion, up more than $10 billion since its third quarter results were announced in late July. The jump in future business was thanks to its Snapdragon Digital Chassis product used by car makers and their suppliers, Qualcomm said at […]