SWIT

OK Google, get me a Coke: AI giant demos soda-fetching robots

MOUNTAIN VIEW, Calif., Aug 16 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is combining the eyes and arms of physical robots with the knowledge and conversation skills of virtual chatbots to help its employees fetch soda and chips from breakrooms with ease . The mechanical waiters, shown in action to reporters last week, embody an artificial …

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H&M returns to Alibaba’s Tmall, 16 months after Xinjiang controversy

SHANGHAI, Aug 16 (Reuters) – Swedish fashion giant H&M’s (HMb.ST) official store on Alibaba’s (9988.HK) Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand’s criticisms of human rights abuses in Xinjiang. The re-opening was first noticed by Chinese netizens and confirmed by a Reuters search of the …

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Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Tencent seeks to kick off Meituan stake sale this year-sources Sale seeks to placate regulators, monetise 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings …

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Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. finally. After years of delays, the “Merge” seems all but certain to take place in September, …

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‘Big Short’ fund manager Burry dumps portfolio, buys prison stock

American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New York, US, January 28, 2021. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com register NEW YORK, Aug 15 (Reuters) – Scion Asset Management fund manager …

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NYSE delistings signal Beijing may be willing to compromise on US audit dispute -analysts

A trader enters the floor of the New York Stock Exchange (NYSE) in New York City, US June 14, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com register HONG KONG, Aug 15 (Reuters) – The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) signals Beijing …

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With Alibaba stake cut, SoftBank’s Latest cools toward China tech

A journalist raises her hand to ask a question to Japan’s SoftBank Group Corp Chief Executive Masayoshi Son during a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com register TOKYO, Aug 12 (Reuters) – SoftBank Group Corp’s (9984.T) decision to sell down its Alibaba …

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Five Chinese state-owned companies to delist from NYSE amid US tensions

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned companies, including oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and …

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Explainer: How will SoftBank cut its stake in Alibaba without selling shares?

NEW YORK, Aug 10 (Reuters) – SoftBank Group Corp (9984.T) is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding (9988.HK) from 23.7% to 14.6%. read more But the Japanese conglomerate will not sell its shares directly in the market. It is using a complex security called “prepaid …

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Musk seeks to question Twitter employees who count bots -source

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 10 (Reuters) – Elon Musk’s legal team is demanding that Twitter Inc turn over the names of employees responsible for calculating …

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