Reuters

'Tip of the Iceberg': Taiwan's Spy Catchers Hunt Chinese Poachers of Chip Talent

Taiwan’s spy catchers have launched probes into around 100 Chinese companies suspected of illegally poaching semiconductor engineers and other tech talent, a senior official at the island’s Investigation Bureau told Reuters. That comes on top of seven prosecuted since the start of last year and includes 27 which have either been raided or whose owners […]

China Uses AI Software to Improve its Surveillance Capabilities

Dozens of Chinese firms have built software that uses artificial intelligence to sort data collected on residents, amid high demand from authorities seeking to upgrade their surveillance tools, a Reuters review of government documents shows. According to more than 50 publicly available documents examined by Reuters, dozens of entities in China have over the past […]

New Lithium Technology can Help the World Go Green -- if It Works

Rio Tinto, General Motors and even the U.S. Energy Department are investing heavily in a crop of newer technologies that could revolutionize the way lithium is produced for electric vehicle batteries. Now those technologies just have to prove they work on a commercial scale. If they do, miners will be able to boost global lithium […]

Yellen Says U.S. Crypto Rules Should Support Innovation, Manage Risks

U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent White House executive order that was well-received by the crypto market. In a speech on digital assets policy released by the Treasury, Yellen said that in many cases regulators already […]

Like Tesla, Toyota Develops Self-Driving Tech with Low-Cost Cameras

Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to use cameras to collect data and effectively train its self-driving system, a “breakthrough” that it hopes will help drive down costs and scale up the […]

Ebbing Dollar Reserves Only Scratch on Dominance: McGeever

The U.S. dollar’s share of world currency reserves continues to ebb slowly – but reserve stashes are only one measure of its dominance of global finance, and there’s no realistic scenario where that gets derailed any time soon. Central banks and private businesses need their rainy day funds to be in liquid assets that are […]

AI is Explaining Itself to Humans. And it's Paying Off

Microsoft Corp’s LinkedIn boosted subscription revenue by 8 percent after arming its sales team with artificial intelligence software that not only predicts clients at risk of canceling, but also explains how it arrived at its conclusion. The system, introduced last July and described in a LinkedIn blog post on Wednesday, marks a breakthrough in getting […]

GM and Honda to Produce 'Attainable EVs' in Bid to Surpass Tesla Sales

General Motors and Honda Motor Co said on Tuesday they will develop a series of lower-priced electric vehicles based on a new joint platform, producing potentially millions of cars from 2027 in a bid to beat Tesla in sales. The announcement expands on plans for GM to begin building two electric SUVs for Honda starting […]

Baseball-MLB to Allow Use of Pitch-Calling Technology this Season

Pitchers and catchers this season will be able to use a new wearable technology that allows them to communicate what pitch to throw next in an effort to minimize sign stealing and speed the pace of play, Major League Baseball said on Tuesday. “PitchCom” equips the catcher with an electronic transmitter on his wrist that […]