Science and Tech

Crypto shares climb after Treasury's doubled buybacks boost risk assets

Crypto shares climb after Treasury's doubled buybacks boost risk assets

By Pritam Biswas, Arasu Kannagi Basil and Hannah Lang Aug 20 (Reuters) - Cryptocurrency-related stocks surged on Thursday, a day…

August 20, 2026

Alibaba profit falls 75% after ramping up AI infrastructure spending

By Laurie Chen and Harshita Mary Varghese Aug 20 (Reuters) - China's Alibaba reported a 75% fall in quarterly net…

August 20, 2026

Satellite maker Muon Space valued at $1.5 billion, source says

By Prathik Jayaprakash Aug 20 (Reuters) - Satellite-constellation developer Muon Space has raised $250 million in a Series C funding…

August 20, 2026

UK cinemas restricting Meta AI and other smart glasses over piracy concerns

LONDON, Aug 20 (Reuters) - Cinema operators in Britain are introducing policies to prohibit or restrict camera-enabled smart glasses, including…

August 20, 2026

Food distributor Sysco adds two board members to advance AI transformation

Aug 20 (Reuters) - Sysco on Thursday said it has appointed two new directors with artificial intelligence and industry expertise,…

August 20, 2026

Analysis-ABC says intimidation by Trump's FCC forced programming changes

Aug 19 (Reuters) - ABC is accusing U.S. President Donald Trump's administration of employing pressure tactics that have forced the…

August 20, 2026

AI productivity gains may not curb inflation, IMF's Tenreyro warns

By David Milliken LONDON, Aug 20 (Reuters) - Even if artificial intelligence boosts productivity, it may not lower inflation, the…

August 20, 2026

France fines Boohoo €2.3 million over deceptive discounts on website

PARIS, Aug 20 (Reuters) - France's consumer watchdog fined British fast-fashion retailer Boohoo €2.3 million ($2.7 million) for deceptive practices…

August 20, 2026

Bitcoin, crypto shares climb after Trump pushes Clarity Act

By Pritam Biswas and Arasu Kannagi Basil Aug 20 (Reuters) - Cryptocurrency and blockchain-related stocks surged in premarket trading on…

August 20, 2026

Australia passes law to levy tech giants that fail to pay for local news

SYDNEY, Aug 20 (Reuters) - Australia passed legislation on Thursday that will force tech giants to pay millions of dollars…

August 20, 2026