General Motors saw U.S. sales slide in Q3. What the numbers tell us

General Motors saw U.S. sales slide in Q3. What the numbers tell us

General Motors said its third quarter sales in the United States declined 5.5% compared to the year ago period, attributing the slip from the same quarter last year to a smaller-than-anticipated electric vehicle market and discontinued models. The Detroit automaker reported Oct. 1 that it sold 670,974 vehicles in the quarter. That decline, slightly smaller […]

Trump’s AI meeting with tech CEOs to focus on finding balance, US House speaker says

Trump’s AI meeting with tech CEOs to focus on finding balance, US House speaker says

By Katharine Jackson and Karen Freifeld WASHINGTON, Sept 28 – President Donald Trump’s meeting with tech CEOs on artificial intelligence on Tuesday will focus on finding a balance between innovation and oversight, House Speaker Mike Johnson said, as the federal government seeks to define its role in the burgeoning technology. “We do not need a […]

Bill Gates joins calls for AI safeguards, including legislation

Bill Gates joins calls for AI safeguards, including legislation

WASHINGTON, Sept 27 (Reuters) – AI requires safeguards that go beyond self-regulation, Microsoft co-founder Bill Gates said in an interview that aired on Sunday, calling for legislation to be passed in Congress. “You need law enforcement and the politicians to get into the discussion about what safeguards and monitoring look like,” Gates said in a […]

BlackBerry lifts annual revenue forecast on strength in automotive software business

BlackBerry lifts annual revenue forecast on strength in automotive software business

By Prathik Jayaprakash and Harshita Mary Varghese Sept 24 (Reuters) – BlackBerry raised its full-year revenue forecast on Thursday after its QNX software business reported record quarterly revenue, driven by growth in automotive and new design wins. Shares of the Toronto-based company, however, slipped about 3% after an in-line third-quarter forecast. They have more than […]

Global AI stocks fall as industry chiefs call for slowing development

Global AI stocks fall as industry chiefs call for slowing development

By Johann M Cherian and Gregor Stuart Hunter Sept 14 (Reuters) – AI-linked stocks plunged worldwide on Monday after leaders of the biggest artificial intelligence companies warned of risks from rapid development, the starkest threat yet to the billions of dollars being poured into the industry that have driven world markets to record highs. The […]

Tesla signals Oct 1 launch for long-delayed Roadster

Tesla signals Oct 1 launch for long-delayed Roadster

REUTERS Sept 12 (Reuters) – Tesla on Saturday posted a countdown on its website pointing to an October 1 launch of the Roadster, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. • Tesla posted “Go for launch” on social media platform X alongside a graphic displaying […]