Tag: reuters
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‘VARgentina’ reach semi-finals under cloud of complaints
NEW YORK, July 13 : A new refereeing protocol has added to the powder keg of public perception over fairness at the World Cup, a former FIFA referee said on Monday, with another refereeing controversy involving Argentina adding fuel to fan complaints. The defending champions’ passage to Wednesday’s semi-fina
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Thomson Reuters to cut ‘small number’ of engineering jobs
July 13 : Thomson Reuters on Monday said it is cutting “a small number of roles” in engineering, as the Canadian content and technology company aggressively deploys artificial intelligence across its businesses.The layoffs affect the global staff and were announced during a technology staff meeting earlier in
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France’s secret weapon: the conversations nobody else hears
NEW YORK, July 13 : France’s march to the World Cup semi-finals has been powered by the goals of Kylian Mbappe and Ousmane Dembele, but the players believe an equally important part of their success has been forged away from the cameras, in hotel rooms and private conversations without the coaching staff.Di
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A pension shift in Japan may hurt some foreign money managers
HONG KONG, July 13 : Global asset managers such as State Street and Legal & General face a potential hit of tens of millions of dollars in money management fees after Japan signaled a goal to channel more state retirement funds into domestic assets.Investors bet that billions of dollars could be shifted into
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SK Hynix’s shares jump 14% in marquee US debut as AI euphoria persists
July 10 : SK Hynix’s U.S.-listed shares jumped 14 per cent in their Nasdaq debut following its $26.5 billion share sale, in a sign of resilient investor enthusiasm for semiconductor stocks that have recently pulled back after a dizzying rally. The South Korean chipmaker is the latest to ride a frenzy of inves
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Meta AI image detector fails to identify some of its own cropped AI images, Reuters analysis finds
July 10 : A new AI detection tool from Meta, which the tech company previewed this week alongside the launch of its image-generation model, Muse Image, failed to identify some of its own AI-generated images once they were cropped, according to a Reuters analysis.The finding highlights the challenges of verify
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SoftBank, PayPay in talks to invest in Seven & i, Bloomberg reports
TOKYO, July 10 : SoftBank Corp and mobile payments operator PayPay are in talks to invest in retail giant Seven & i Holdings, Bloomberg News reported on Friday.The investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also take a sta
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The club that produces Canada’s soccer stars has doubts over its future
TORONTO, July 9 : The city of Brampton in Ontario produced key members of the Canadian men’s national World Cup soccer squad. But the loss of a storied local club’s provincial license about a year before Canada hosted the World Cup, confirmed to Reuters by current and former club members, has raised concerns about
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BofA extends first $520 million loan to OpenAI ahead of IPO, source says
July 8 : Bank of America has extended a $520 million credit line to OpenAI, its first loan to the AI company that is preparing for an initial public offering, a person familiar with the matter told Reuters on Wednesday.The loan makes BofA one of OpenAI’s largest lenders and bolsters its credentials as a marke
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Big Tech joins Calgary Stampede oil bash, as Canada courts data centers
CALGARY, July 8 : Big Tech has joined the party at the Calgary Stampede, a sign of growing interest in Canada from U.S.-based hyperscalers as the province of Alberta courts data center development.Oil and gas companies typically take center stage at the annual energy get-together, timed with the city’s famous
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