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VinFast teams up with Autobrains to develop low-cost self-driving tech
Reuters· 2026-01-26 18:07
Core Insights - VinFast has partnered with AI firm Autobrains to develop advanced autonomous driving technology, which includes a low-cost "Robo-car" system, potentially enhancing the Vietnamese automotive market [1] Company Developments - The collaboration aims to leverage Autobrains' expertise in AI to create innovative solutions for autonomous driving [1] - The introduction of a low-cost "Robo-car" system could make autonomous vehicles more accessible to a broader audience [1] Industry Impact - This partnership signifies a strategic move for VinFast to position itself in the competitive autonomous vehicle sector [1] - The development of advanced autonomous driving technology may contribute to the growth of the Vietnamese automotive industry, aligning with global trends towards automation and smart mobility [1]
Baker Hughes sees significant revenue opportunity in Venezuela
Reuters· 2026-01-26 17:51
Core Insights - Baker Hughes identifies significant revenue opportunities in Venezuela, emphasizing the importance of safety and employee conditions, as well as clarity on legal and regulatory frameworks for operations [1] Summary by Categories - **Revenue Opportunities** - Baker Hughes sees a substantial potential for revenue generation in Venezuela [1] - **Operational Considerations** - Key considerations for operating in Venezuela include ensuring safety and favorable conditions for employees [1] - Clarity on legal and regulatory frameworks is crucial for successful operations in the region [1]
Tether says it bought 27 tons of gold in fourth quarter
Reuters· 2026-01-26 17:50
Tether, issuer of the world's largest stablecoin, added about 27 metric tons of gold to its fund exposure in the fourth quarter of 2025, it said on Monday, broadly unchanged from its third-quarter pur... ...
Former Treasury Secretary Mnuchin joins Lionsgate's board
Reuters· 2026-01-26 17:31
Core Viewpoint - Lionsgate Studios has appointed former U.S. Treasury Secretary Steven Mnuchin as a director on the company's board effective immediately [1] Company Summary - The appointment of Steven Mnuchin is expected to bring significant financial expertise to Lionsgate Studios [1]
Nike says it is investigating possible data breach
Reuters· 2026-01-26 17:05
Core Viewpoint - Nike is investigating a potential data breach after a cyber attack group claimed to have leaked sensitive data related to its business operations [1] Company Summary - Nike is currently facing a situation involving a potential data breach, which raises concerns about the security of its business operations [1]
Airbus Helicopters posts higher orders and deliveries
Reuters· 2026-01-26 16:50
Core Insights - Airbus Helicopters experienced a significant increase in orders, with nearly 20% more orders received last year, indicating a strong performance in the military market as defense spending rises across Europe [1] Company Summary - Airbus Helicopters' order growth reflects a strategic advantage in the military sector, capitalizing on the upward trend in defense budgets across European nations [1]
Microsoft rolls out next generation of its AI chips, takes aim at Nvidia's software
Reuters· 2026-01-26 16:03
Core Insights - Microsoft has launched the second generation of its proprietary artificial intelligence chip, aiming to enhance its competitive position against Nvidia in the AI hardware market [1] Group 1: Product Development - The new AI chip is designed to improve performance and efficiency, addressing some of the limitations of the first generation [1] - Alongside the chip, Microsoft introduced software tools that are intended to leverage the chip's capabilities and provide developers with enhanced resources [1] Group 2: Competitive Landscape - This move is seen as a direct challenge to Nvidia, which has been a dominant player in the AI chip market, particularly with its GPUs [1] - By developing its own hardware and software solutions, Microsoft aims to reduce dependency on Nvidia and capture a larger share of the AI market [1]
New Airbus commercial CEO focused on output, backs bigger A220
Reuters· 2026-01-26 15:29
Core Insights - The new CEO of Airbus' jet-making division has committed to increasing production, particularly of the A350 wide-body jet, and supports the idea of a larger version of the regional A220 [1] Group 1 - The focus on increasing production indicates a strategic shift towards meeting growing demand in the aviation market [1] - The emphasis on the A350 suggests that Airbus is prioritizing its wide-body segment, which may enhance its competitive position against rivals [1] - Supporting a larger version of the A220 reflects Airbus' intention to expand its regional aircraft offerings, potentially capturing a broader market share [1]
EU to make WhatsApp more responsible for tackling harmful content
Reuters· 2026-01-26 15:24
Core Points - The European Commission has officially designated Meta Platform's WhatsApp as a very large platform under the EU's Digital Services Act (DSA) [1] - This designation increases WhatsApp's responsibilities in addressing issues related to user safety and content moderation [1] - The DSA aims to create a safer digital space by imposing stricter regulations on large online platforms [1] Company Summary - Meta Platform's WhatsApp is now classified as a very large platform, which subjects it to enhanced regulatory scrutiny [1] - The new responsibilities include tackling illegal content and ensuring user safety, which may impact WhatsApp's operational strategies [1] Industry Summary - The Digital Services Act represents a significant regulatory shift in the EU, targeting large digital platforms to enhance accountability [1] - This move reflects the EU's ongoing efforts to regulate the digital landscape and protect users from harmful content [1]
BP interested in cross-border opportunities with Venezuela, its Trinidad country head says
Reuters· 2026-01-26 15:06
BP's head of Trinidad and Tobago said the oil and gas major is still interested in cross-border opportunities with Venezuela, despite the government in Caracas suspending all bilateral energy agreemen... ...