Science and Tech

IBM's slowing cloud growth eclipses upbeat third-quarter results

IBM's slowing cloud growth eclipses upbeat third-quarter results

(Reuters) -IBM recorded a slowdown in growth in its key cloud software segment, overshadowing booming AI-driven demand for the company's…

October 23, 2025

OpenAI, Oracle and Vantage to build Stargate data center site in Wisconsin

(Reuters) -OpenAI, along with Oracle and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of…

October 23, 2025

Tesla's record revenue tops forecasts as tax credit expiry drives US EV sales

(Reuters) -Tesla reported record third-quarter revenue, beating Wall Street estimates on Wednesday, driven by the highest quarterly sales of its…

October 23, 2025

SAP third-quarter profit rises 12% on strong cloud demand

(Reuters) -German software maker SAP on Wednesday reported a 12%rise in third-quarter profit, boosted by strong cloud demand. (Reporting by…

October 23, 2025

IBM beats quarterly estimates as AI powers software, mainframe sales

(Reuters) -IBM beat Wall Street estimates for third-quarter revenue and profit on Wednesday, driven by booming demand for its software…

October 23, 2025

Meta Lays Off 600 AI Employees Amid $14.3B Push Toward Superintelligence

Meta to lay off 600 employees from its AI labs while investing $14.3B in AI innovation, aiming to restructure and…

October 23, 2025

Tesla set for strong quarter fueled by rush to get expiring US EV tax credits

By Akash Sriram and Abhirup Roy (Reuters) -Tesla is expected to post a surge in third-quarter results later on Wednesday,…

October 23, 2025

Exclusive-US considering curbs on exports to China made with US software, sources say

By Alexandra Alper, Michael Martina, Jeffrey Dastin and Karen Freifeld (Reuters) -The Trump administration is considering a plan to curb…

October 23, 2025

Scientists Discover 4.5 Billion-Year-Old Proto-Earth Clues Found in Earth’s Crust Rewrite Its History

Scientists uncover ancient rocks with chemical traces of proto-Earth, revealing that parts of Earth’s original structure survived the Moon-forming impact.

October 23, 2025

Reddit sues Perplexity for scraping data to train AI system

(Reuters) -Social media platform Reddit sued artificial intelligence startup Perplexity in New York federal court on Wednesday, accusing it and…

October 23, 2025