Science and Tech

US FCC plans tighter rules that will help US firms in undersea internet cable market

US FCC plans tighter rules that will help US firms in undersea internet cable market

By David Shepardson WASHINGTON, June 3 (Reuters) - The Federal Communications Commission said on Wednesday it plans to toughen oversight…

June 4, 2026

Broadcom's sales and AI chip forecast comes in below expectations, shares tumble

(Corrects typo in headline) By Anhata Rooprai, Zaheer Kachwala and Stephen Nellis June 3 (Reuters) - Chipmaker Broadcom missed Wall…

June 4, 2026

Broadcom's revenue misses estimates as AI chip race heats up, shares tumble

By Anhata Rooprai and Zaheer Kachwala June 3 (Reuters) - Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday,…

June 4, 2026

Broadcom's second-quarter revenue misses estimates as competition bites

By Anhata Rooprai and Zaheer Kachwala June 3 (Reuters) - Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday,…

June 4, 2026

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

By Echo Wang and Milana Vinn NEW YORK, June 3 (Reuters) - SpaceX publicly set a $135 price for shares…

June 4, 2026

SpaceX wins Texas county tax incentives for Terafab chip project despite local opposition

By Sheila Dang and Akash Sriram ANDERSON, Texas/NEW YORK, June 3 (Reuters) - SpaceX secured tax incentives on Wednesday for…

June 4, 2026

British lawmaker sues Musk's xAI over sexualised Grok images

LONDON, June 3 (Reuters) - British lawmaker Jess Asato is suing Elon Musk's xAI, saying in a statement on Wednesday…

June 4, 2026

US agency considers reforming, ending $3 billion school internet subsidy program

June 3 (Reuters) - The U.S. Federal Communications Commission said on Wednesday the agency is considering reforming or ending the…

June 4, 2026

OpenAI's Altman to urge US lawmakers not to require AI model approvals

By Courtney Rozen WASHINGTON, June 3 (Reuters) - OpenAI CEO Sam Altman will advocate against proposals that AI developers obtain…

June 3, 2026

Tesla rolls out unsupervised robotaxis in Austin

June 3 (Reuters) - Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area…

June 3, 2026