Finance

Meta in talks with Axel Springer, Fox and others on AI news licensing, WSJ reports

Meta in talks with Axel Springer, Fox and others on AI news licensing, WSJ reports

(Reuters) -Meta Platforms has been in talks in recent months with media firms including Axel Springer, Fox Corp and News Corp to license news content for integration into its AI products, the Wal...

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BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, in partnership with Woori Bank. The announcement follows completion of a proof of ...

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Exclusive-Turkey’s surprise Air Europa deal came down to one key thing: control

Exclusive-Turkey’s surprise Air Europa deal came down to one key thing: control

By Inti Landauro, Andres Gonzalez, Joanna Plucinska and Ceyda Caglayan SEVILLE/LONDON/ISTANBUL (Reuters) -Turkish Airlines’ surprise deal for a stake in Spanish carrier Air Europa, outlasti...

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How Huawei plans to outperform global tech leaders with less powerful chips

How Huawei plans to outperform global tech leaders with less powerful chips

BEIJING (AP) — China’s Huawei Technologies said Thursday that it would roll out the world’s most powerful AI computing clusters over the next two years as it seeks to outperform global...

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Factbox-Key products in Huawei’s AI chips and computing power roadmap

Factbox-Key products in Huawei’s AI chips and computing power roadmap

By Che Pan and Brenda Goh BEIJING (Reuters) -China’s Huawei has ended years of secrecy to detail its product roadmap for chips and computing power systems, discussing for the first time how...

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