Biz

ChatGPT units report for fastest-growing person base – analyst notice

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Feb 1 (Reuters) – ChatGPT, the favored chatbot from OpenAI, is estimated to have reached 100 million month-to-month lively customers in January, simply two months after launch, making it the fastest-growing shopper utility in historical past, based on a UBS research on Wednesday. The report, citing knowledge from analytics agency Similarweb, mentioned a median of … Read more

Finish of easy-cash period goes to harm

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LONDON, Feb 1 (Reuters) – (This Feb. 1 story has been corrected to repair the identify of CIO within the “Going Personal” part to Nicoll from Nicole) The tip of the easy-cash period is over and its impression but to be felt on world markets, hopeful that the ache of aggressive price hikes and excessive … Read more

Philippines grants U.S. better entry to bases amid China considerations

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Philippines, U.S. agree so as to add 4 areas beneath EDCA Settlement comes amid tensions in South China Sea, over Taiwan EDCA permits U.S. entry to Philippine army bases MANILA, Feb 2 (Reuters) – The Philippines has granted the US expanded entry to its army bases, their defence chiefs stated on Thursday, amid mounting concern … Read more

Honda to start out producing new hydrogen gas cell system co-developed with GM

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TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) stated it is going to begin producing a brand new hydrogen gas cell system collectively developed with Common Motors Co (GM.N) this 12 months and step by step step up gross sales this decade, in a bid to develop its hydrogen enterprise. Honda will goal … Read more

Adani abandons $2.5 bln share sale in large setback to Indian tycoon

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NEW DELHI, Feb 1 (Reuters) – Gautam Adani’s flagship agency known as off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller’s criticisms wiped billions extra off the worth of the Indian tycoon’s shares. The withdrawal of the Adani Enterprises (ADEL.NS) share providing marks a … Read more

Samsung’s latest Galaxy S smartphones a take a look at of name energy in weak market

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SEOUL, Feb 1 (Reuters) – Samsung Electronics (005930.KS) unveiled its newest premium smartphones on Wednesday, in a take a look at of its model energy as the marketplace for mobiles undergoes unprecedented contraction. The Galaxy S23 smartphone sequence has higher cameras and quicker chips than its predecessor, however analysts stated early gross sales would face … Read more

Adani loses Asia’s richest crown as inventory rout deepens to $84 billion

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BENGALURU, Feb 1 (Reuters) – Shares in Indian tycoon Gautam Adani’s conglomerate plunged once more on Wednesday as a rout in his firms deepened to $84 billion within the wake of a U.S. short-seller report, with the billionaire additionally dropping his title as Asia’s richest individual. Wednesday’s inventory losses noticed Adani slip to fifteenth on … Read more

Intel slashes worker, exec pay amid PC market downturn

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Jan 31 (Reuters) – Intel Corp (INTC.O) stated on Tuesday that it had made broad cuts to worker and govt pay, every week after the corporate issued a lower-than-expected gross sales forecast pushed by a lack of market share to rivals and a PC market downturn. The reductions will vary from 5% of base pay … Read more

U.S. seeks Tesla driver-assist paperwork; firm hikes capex forecast

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WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday the U.S. Justice Division has sought paperwork associated to its Full Self-Driving (FSD) and Autopilot driver-assistance techniques as regulatory scrutiny intensifies. The automaker mentioned in a submitting it “has acquired requests from the DOJ for paperwork associated to Tesla’s Autopilot and FSD options.” Reuters … Read more

Norway wealth fund posts document $164 bln loss

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Loss in 2022 exceeds earlier document from 2008 Inflation, geopolitical tensions stay threat elements Document influx of cash from oil and gasoline trade OSLO, Jan 31 (Reuters) – Norway’s wealth fund, one of many world’s largest buyers, posted a document lack of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an finish a three-year … Read more