Latest
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Tech
Italian fintech Conio secures EU licence for crypto services
MILAN, June 17 (Reuters) - Conio, an Italian fintech backed by Poste Italiane and Banca Generali, has obtained a licence in Italy under the European Union regulation for digital assets (MiCAR) to operate as a crypto-asset service provider (CASP).
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Tech
AI lab Odyssey valued at $1.45 billion in latest funding round
June 17 (Reuters) - AI lab Odyssey said on Wednesday it has raised $310 million in a funding round that valued it at $1.45 billion.
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Tech
Exclusive-Meta head of product for 'AI for work' transformation is leaving company
NEW YORK, June 17 (Reuters) - A Meta executive overseeing a key piece of its AI-related restructuring is leaving the company, according to an internal announcement seen by Reuters on Wednesday.
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Tech
AI will lead to labour shortages, Bezos says in optimistic talk
PARIS, June 17 (Reuters) - Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday.
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Tech
Saab invests $13 million in defence technology company Comand AI
COPENHAGEN, June 17 (Reuters) - Swedish defence equipment maker Saab said on Wednesday it had invested €11.1 million ($12.9 million) for a 10% stake in Paris-based defence technology company Comand AI.
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Tech
Dutch road authority says 40,000 Teslas in the Netherlands using 'self-driving' software
AMSTERDAM, June 17 (Reuters) - The Dutch road authority said on Wednesday that 40,000 Teslas in the Netherlands had begun using the carmaker's "full self driving" driver assistance software and had collectively driven 24 million kilometers (14.9 million miles) so far without any serious incidents.
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Tech
Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO; shares soar
June 17 (Reuters) - Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon executive Nadia Carlsten as CEO, cementing the former footwear maker's pivot to an AI infrastructure firm and sending its shares up more than 30%.
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Tech
Quantum tech firm EigenQ to go public in $3 billion SPAC deal
June 17 (Reuters) - EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday.
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Tech
Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic
(Removes Salesforce, which is not a new participant but an existing member of the coalition, from paragraph 1)
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Tech
Italy's privacy watchdog fines Emirates over handling of passenger health data
ROME, June 17 (Reuters) - Italy's data protection authority said on Wednesday it had fined the Emirates airline €180,000 ($208,890) for the allegedly unfair handling of health data of passengers with reduced mobility.
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Tech
UK orders Google to improve search transparency to boost competition
LONDON, June 17 (Reuters) - Britain's competition watchdog ordered Google to provide greater transparency on how its search rankings work, part of new rules aimed at securing a "fairer deal" for businesses and addressing concerns over the U.S. tech giant's dominance in the sector.
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Video games
EU admits it can't save discontinued video games
It's game over for fans of discontinued video games after the EU admitted defeat on June 16 and said it cannot stop publishers making them unplayable.
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Tech
Telegram challenges India block, saying it will hurt free speech rights
NEW DELHI, June 17 (Reuters) - India's temporary block on the Telegram messaging app to prevent exam fraud undermines constitutional protections and the free speech rights of its users, and must be quashed, according to the company's filing to a New Delhi court seen by Reuters.
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Tech
Italian mother takes on Meta, TikTok after daughter's death
ASTI, Italy, June 17 (Reuters) - In the span of just a few months, Irene Roggero Ugues watched her daughter Rossella's behaviour change as social media fed her an increasing stream of self-harm content, before the 12-year-old died by suicide.
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Drones
Chinese ‘CEO in a school uniform’ builds, exports drones, funds start-up by waiting tables
Enterprising youngster with a talent for technology doubles as philanthropist, learned about tools at factory where his mother worked.
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Smartphones
Google rolls out Android 17; major AI features to follow this summer
Alphabet Inc's Google has begun rolling out Android 17, the latest major update to its popular mobile operating system, though some of its marquee artificial intelligence features will not arrive for another few months.
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Gadgets
Apple plans camera AirPods alongside upgraded foldable iPhone in 2027
Apple Inc's upcoming camera-equipped AirPods, a product meant to vault the company into the AI device market, are scheduled to launch in late 2027 as part of a flurry of new releases.
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Mobile apps
India blocks Telegram before retest exam to curb cheating
India blocked access to Telegram messenger on Tuesday ahead of a retest of a nationwide medical college entrance examination, after a scandal last month over a question paper leak.
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Tech
OpenAI burned $3.7 billion in first quarter of 2026, The Information reports
June 16 (Reuters) - OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, The Information reported on Tuesday, citing documents the company shared with shareholders.
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Tech
HSBC partners with Google Cloud to expand AI usage
LONDON, June 17 (Reuters) - HSBC on Wednesday announced a multi-year partnership with Alphabet Inc-owned Google Cloud focused on building the British bank's artificial intelligence capabilities.
