News
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China's Huawei hypes up chip and computing power plans in fresh challenge to Nvidia
SHANGHAI, Sept 18 (Reuters) - Huawei outlined its long-term chip plans for the first time on Thursday and said it would launch some of the world's most powerful computing systems - underscoring China's drive to wean itself off foreign semiconductor suppliers like Nvidia NVDA.O.Reuters
Thu, Sep 18
No More Needles? Novo’s Oral Weight-Loss Pill Matches Wegovy Injection for the First Time
TradingKey - Novo Nordisk has released data showing its Wegovy pill achieves weight loss on par with the injection for the first time. Meanwhile, Eli Lilly’s orforglipron, an oral GLP-1 tablet, is expected to gain approval by year-end and launch in 2026 — signaling a potential end to the injection
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Thu, Sep 18
Lyft Integrates Waymo’s Robotaxi Fleet — Autonomous Driving Competition Heats Up
TradingKey - Ride-hailing platform Lyft (LYFT.US) announced a partnership with Waymo, the autonomous driving unit of Google’s parent company Alphabet, to launch a robotaxi service in Nashville, Tennessee, by 2026. The move directly challenges rival Uber’s leadership in the self-driving space.
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Thu, Sep 18
Meta Unveils First Display-Capable AI Glasses at Connect 2025, Pioneering New Wearable Tech Race
TradingKey - On Wednesday, Eastern Time, Meta CEO Mark Zuckerberg unveiled the company's major breakthrough in artificial intelligence hardware at the annual Connect conference: Meta Ray-Ban Display, the first consumer-ready AI smart glasses featuring an integrated display.
TradingKey
Thu, Sep 18
China Moves to End Google Antitrust Probe while Targeting Nvidia: A Signal to Washington?
TradingKey - Sources say China is planning to terminate its antitrust investigation into Google, shifting regulatory focus squarely onto chip giant Nvidia. Beijing’s strategy of using the “blockade of Nvidia” as leverage to strengthen its bargaining position is becoming increasingly evident.
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Thu, Sep 18
Trump’s AI And Crypto Czar Under New Investigation By Senator Warren
Venture capitalist David Sacks, appointed by President Donald Trump as the administration’s artificial intelligence (AI) and crypto czar, is facing increased scrutiny from Democratic lawmakers regarding his tenure in the White House.Bitcoinist
Thu, Sep 18
SoftBank, OpenAI Japan AI joint venture is delayed, source says
By Yusuke OgawaTOKYO, Sept 18 (Reuters) - SoftBank's 9984.T plans to set up a joint venture with OpenAI to bring artificial intelligence services to corporate customers in Japan are significantly behind schedule, according to a source familiar with the matter. The joint venture was supposed to ...Reuters
Thu, Sep 18
Candy maker Mars plans $1.2 billion investment to boost EU operations
Sept 18 (Reuters) - Mars, the maker of M&M's and Skittles, said on Thursday it will invest 1 billion euros ($1.18 billion) in its European Union operations by the end of 2026 to boost manufacturing, sustainability and innovation pipeline in the region.The new investment builds on more than 1...Reuters
Thu, Sep 18
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
HONG KONG, Sept 18 (Reuters) - Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.It was the first easing by the Hong Kong Monetary Authority since a 25 basis point cut last December. The rate is charged via...Reuters
Thu, Sep 18
Meta launches smart glasses with built-in display, reaching for 'superintelligence'
Meta's $800 price tag on new glasses may deter buyers - analystsMeta is ahead of rivals in easy-to-wear smart glasses New Display glasses have wristband controllerMeta faces scrutiny over child safety on social media platforms By Aditya Soni and Echo WangMENLO PARK, California, Sept 17 (Reuters)...Reuters
Thu, Sep 18
U.S. state visit yields record 150 billion pounds of investment, UK says
LONDON, Sept 17 (Reuters) - U.S. President Donald Trump's state visit to Britain has generated 150 billion pounds ($204.87 billion) of inward investment, the British government said on Wednesday citing its own data which compiled new and previously announced pledges.The figure, which Britain sai...Reuters
Thu, Sep 18
