Fake Milano Cortina sites target thousands with discount scams, cybersecurity firm says
MILAN, Feb 17 : Cybersecurity firm Bitdefender said on Tuesday it had uncovered a wave of online scams using near-identical sites to the official Milano Cortina 2026 merchandise store to trick shoppers in Europe and the United States.Bitdefender Labs said the scam was spreading through fraudulent ad ...
Tripadvisor engages with Starboard as activist seeks board control, sale
Feb 17 : Tripadvisor said on Tuesday its board and management held multiple discussions with activist investor Starboard Value, which owns about 9 per cent of the company and has accused it of failing to hold management accountable for "value destruction".In a sharply worded letter on Tues ...
Stocks gyrate on AI jitters, gold slides as US-Iran talks progress
NEW YORK, Feb 17 : Wall Street stocks see-sawed on Tuesday, as investors continued to wrestle with the pros and cons of the artificial intelligence boom, while gold slid and crude dipped as nuclear talks progressed between the United States and Iran.The three main U.S. stock indexes gyrated through ...
Stocks dip on AI jitters, gold slides as US-Iran talks progress
NEW YORK, Feb 17 : U.S. stocks dipped in early trade on Tuesday, while gold slid as investors continued to wrestle with the pros and cons of the artificial intelligence boom and nuclear talks progressed between the United States and Iran.The three main U.S. stock indexes reversed earlier tentative g ...
Tiger Global, Adage Capital trimmed stakes in AI heavyweights
PROVIDENCE, Rhode Island, Feb 17 : Tiger Global Management and Adage Capital Partners were among investors that trimmed their holdings of some AI heavyweights including Nvidia and Amazon during the fourth quarter of 2025, according to U.S. Securities and Exchange Commission disclosures. The quarterl ...
Adage Capital trims stakes in AI heavyweights
PROVIDENCE, Rhode Island, Feb 17 : Adage Capital Partners said in its latest filing with the U.S. Securities and Exchange Commission that it trimmed its investments in some AI heavyweights in the fourth quarter of 2025, while Softbank Group Corp reported it had dissolved its stake in Nvidia, a tra ...
Softbank Group SEC filing details fourth-quarter sale of Nvidia stake
PROVIDENCE, Rhode Island, Feb 17 : Softbank Group Corp said in its latest 13-F filing with the U.S. Securities & Exchange Commission that it had dissolved its stake in Nvidia in the fourth quarter of 2025, a transaction the company first disclosed in November.The $5.8 billion sale took place in ...
Softbank Group dissolves share stake in Nvidia, according to SEC filing
PROVIDENCE, Rhode Island, Feb 17 : Softbank Group Corp. disclosed that it dissolved its stake in Nvidia during the fourth quarter of 2025, according to Softbank's 13-F filing with the U.S. Securities & Exchange Commission for the period.In the aftermath of the news, Nvidia's stock pric ...
Saudi's Public Investment Fund transfers stake in Take-Two Interactive
(Corrects story and headline to clarify that PIF has transferred the stake to a subsidiary, and not dissolved it, and removes reference to Saudi's gaming push)Feb 17 : Saudi Arabia's Public Investment Fund has transferred its stake in Take-Two Interactive to a subsidiary, a regulatory fili ...
Saudi's Public Investment Fund dissolves stake in Take-Two Interactive
Feb 17 : Saudi Arabia's Public Investment Fund has dissolved its stake in Take-Two Interactive, a regulatory filing showed on Tuesday, ahead of the videogame publisher's highly anticipated launch of "Grand Theft Auto VI."The PIF, Saudi Arabia's sovereign wealth fund, was Tak ...
Analysis:Europe squares up to Big Tech, risking ire of Washington
MADRID, Feb 17 : European nations are ratcheting up the pressure on social media companies, responding to a public outcry over child safety fears but risking a backlash from the United States, home to the likes of Facebook and Elon Musk's X. Spain on Tuesday ordered prosecutors to investigate F ...
Raspberry Pi soars 40% as CEO buys stock, AI chatter builds
MILAN, Feb 17 - Shares in Raspberry Pi rose as much as 42 per cent on Tuesday in a record two‑day rally after CEO Eben Upton bought stock in the beaten‑down UK computer hardware firm, halting a months‑long slide, as chatter grew that its products could benefit from low‑cost artificial‑inte ...
Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada
Feb 17 : Renewable energy company Ormat Technologies said on Tuesday that it has entered into a long-term geothermal power purchase agreement with NV Energy to support Google's operations in Nevada.The agreement for 150 megawatts of new geothermal capacity would allow Ormat to develop a serie ...
France's AI company Mistral buys cloud service startup Koyeb
PARIS, Feb 17 : French artificial intelligence company Mistral AI said on Tuesday it had agreed to buy cloud computing service startup Koyeb based near Paris for an undisclosed amount."With this first acquisition, Mistral AI takes a significant step forward in its mission to build a full-stack ...
India tells global tech platforms to follow constitution after tougher content rules
Feb 17 : India's information minister said on Tuesday that big tech platforms like Google's YouTube, Meta, X and Netflix must operate within the country's constitutional framework, a week after New Delhi tightened its content-takedown rules.His comments came on the sidelines of an art ...
Trading platform eToro beats profit estimates on robust market activity
Feb 17 : Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday as strong capital market activity drove up trading income, sending its shares up 18.4 per cent.U.S. equities had an upbeat quarter as interest-rate cuts supported investor confidence, although volati ...
Trading platform eToro beats profit estimates on growth across asset classes
Feb 17 : Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday on strength across the asset classes it offers.Shares of eToro rose about 8.9 per cent before the bell. U.S. equity markets rose during the quarter as interest-rate cuts supported investor confidence ...
Activist investor Jana Partners builds stake in Fiserv, WSJ reports
Feb 17 : Activist investor Jana Partners has built a stake in Fiserv and is pressing the payments company to pursue steps to lift its lagging share price, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The size of Jana's stake, and whether the activist inve ...
Warner Bros rejects Paramount's revised offer, sets 7-day deadline for better bid
Feb 17 : Warner Bros Discovery has rejected Paramount Skydance's latest $30-a-share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a better deal to buy the owner of HBO Max and the "Harry Potter" franchise, Warner Bros said on Tuesday ...
Warner Bros rejects Paramount's revised offer, but gives studio a week to negotiate better deal
Feb 17 - Warner Bros Discovery has rejected Paramount Skydance's latest $30-a-share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a better deal to buy the owner of HBO Max and the "Harry Potter" franchise, Warner Bros said in a state ...
Warner Bros rejects revised Paramount bid, but remains open to a final offer
"We continue to recommend and remain fully committed to our transaction with Netflix," said Warner Bros chairman and CEO in a letter to Paramount.
Sateliot, PLD Space to launch two 5G satellites in first Spanish mission
Feb 17 : Satellite startup Sateliot and space engineering firm PLD Space have signed a deal to launch two 5G satellites in what will be the first such private mission carried out solely by Spanish companies, they said on Tuesday.Private rocket companies around the world are planning to deploy thousa ...
Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn
LONDON, Feb 17 : Qualcomm on Tuesday said a London lawsuit alleging it had abused its dominant position to force Apple and Samsung to pay inflated royalties will be withdrawn.The British consumers' association called Which? had brought the case on behalf of around 29 million people who bought i ...
Toymaker Lego builds India footprint, aims for 50 stores by 2030
MUMBAI, Feb 17 : Danish toymaker Lego plans to open 50 stores in India by 2030, ramping up investment in one of its fastest-growing Asian markets, as rising incomes and demand for screen-free play power growth, a senior executive said.The family-owned company, known for its colourful building blocks ...
EU probes Shein over sale of illegal products, addictive design
BRUSSELS, Feb 17 : The EU opened a formal investigation into Chinese online retailer Shein on Tuesday over illegal products and concerns about the platform's potentially addictive design, stepping up scrutiny under the bloc's strict Digital Services Act.The move under the Act, which requir ...
Goldman, Nasdaq CEOs to headline Mar-a-Lago crypto ‘forum’ hosted by Don Jr. and Eric Trump
Feb 17 : On Wednesday, prominent Wall Street executives and investors will convene to discuss the “future of finance and technology” alongside federal officials and U.S. lawmakers at President Donald Trump’s private Mar-a-Lago club in Palm Beach, Florida.Expected speakers at the World Liberty ...
Nigeria opens probe into Temu over suspected data protection breaches
ABUJA, Feb 17 : Nigeria's data watchdog has opened a probe into Chinese-owned e-commerce giant Temu for suspected data-law violations, the regulator said on Tuesday, a move that could usher in legal penalties in one of Africa's biggest markets.The Nigeria Data Protection Commission (NDPC) ...
From Milanο's drones to LA 28's stardust and AI, Olympic broadcaster lays out vision for Tinseltown
MILAN, Feb 16 : If the Milano Games have left viewers impressed with the innovative use of First-Person View drones chasing athletes down the course at dizzying speeds, the Los Angeles 2028 Summer Olympics will be the most immersive experience, with extensive use of AI and a generous sprinkling of g ...
India's Adani to invest $100 billion in AI-ready data centres by 2035
Feb 17 : Adani Enterprises said on Tuesday that the group will invest $100 billion to build renewable energy-powered AI-ready data centres by 2035, as it seeks to create the world's largest integrated data centre platform and establish India as a leader in the global AI race. The investment is ...
Spain to probe X, Meta, TikTok over AI-generated child sexual abuse material
MADRID, Feb 17 : The Spanish government has ordered prosecutors to investigate social media platforms X, Meta and TikTok for allegedly spreading AI-generated child sexual abuse material, Prime Minister Pedro Sanchez said on Tuesday. "These platforms are undermining the mental health, dignity, a ...
India's Infosys ties up with Anthropic, days after IT selloff
BENGALURU, Feb 17 : Infosys unveiled a partnership with Anthropic on Tuesday, days after investor concerns that AI tools would disrupt the traditional business models of Indian IT services firms shaved billions off their market value. The selloff was triggered, in part, by the launch of a tool by Am ...
Infosys reveals AI revenue share as sector faces growing disruption fears
BENGALURU, Feb 17 : India's No.2 software-services exporter Infosys said on Tuesday that artificial intelligence services accounted for 5.5 per cent of its revenue in the December quarter, marking the first time the company has broken out its AI business.The disclosure comes as India's $28 ...
India's Infosys earned 5.5% of third-quarter revenue from AI services, CEO says
BENGALURU, Feb 17 : India's second-largest IT services exporter Infosys earned 5.5 per cent of its revenue in the December quarter from AI services, its chief executive Salil Parekh said at a company event on Tuesday. The company had reported a third-quarter revenue of 454.79 billion rupees ( ...
Exclusive-Japan's debt issuance to surge 28% in fiscal 2029 from 2026, finance ministry estimates
TOKYO, Feb 17 : Japan will likely see annual bond issuance surge 28 per cent three years from now on rising debt-financing costs, a finance ministry estimate reviewed by Reuters showed on Tuesday, casting doubt on premier Sanae Takaichi's argument the country can deliver tax cuts without boosti ...
