Amazon sees faster speeds with hi-tech eyeglasses, AI

MILPITAS, California (Reuters) -- In its relentless drive to bring everyday items to customers faster, Amazon has shifted expectations from two-day delivery to same-day and even within an hour. Now, with robots, artificial intelligence and even eyewear, it is working to pare seconds off each delivery. On Wednesday, Seattle-based Amazon showed off advanced eyeglasses for delivery workers for the first time publicly after Reuters exclusively reported the company was developing them last year. Know

Oct. 23, 2025

US mulls software curbs on China

The Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing's latest round of rare earth export restrictions, according to a US official and three people briefed by US authorities. While the plan is not the only one being deliberated, it would make good on President Donald Trump's threat earlier this month to bar "critical software" exports to China by restricting global shipments of items

Oct. 23, 2025

OpenAI launches Atlas web browser

OpenAI introduced its own web browser, Atlas, on Tuesday, putting the ChatGPT maker in direct competition with Google as more internet users rely on artificial intelligence to answer their questions. Making its popular AI chatbot a gateway to online searches could allow OpenAI, the world’s most valuable startup, to pull in more internet traffic and the revenue made from digital advertising. It could also further cut off the lifeblood of online publishers if ChatGPT so effectively feeds people su

Oct. 22, 2025

Massive virtual arcade on Las Vegas Strip files for bankruptcy

LAS VEGAS (AP) — A massive virtual arcade located on the Las Vegas Strip filed for bankruptcy after just one year of operation, facing a pending eviction and millions in unpaid claims, court documents show. The Electric Playhouse in Las Vegas, a high-tech gaming and dining center inside a mall at the world renowned Caesars Palace resort, submitted the filings in federal court on Monday. The filing requested that the motions for bankruptcy be heard on an accelerated timeline so that current emplo

Oct. 22, 2025

US tariffs take big bite out of Swiss exports

Stiff US tariffs on Switzerland badly hurt the Alpine country's exports in the third quarter, official figures showed Tuesday, with Swiss watchmakers in particular suffering. Overall exports slipped 3.9 percent between the beginning of July and end-September, the federal customs service said -- but the plummet in the value of goods dispatched to the United States was dramatic. Swiss exports to the US for the quarter dropped 8.2 percent, as the country grappled with 39-percent tariffs imposed by

Oct. 21, 2025

US-Canada trade deal may be ready for approval at APEC summit: report

A US-Canada trade deal on steel, aluminium and energy could be ready for Prime Minister Mark Carney and US President Donald Trump to sign at the Asia-Pacific Economic Cooperation summit later this month in South Korea, the Globe and Mail newspaper reported on Tuesday, citing sources familiar with the matter. Reuters could not immediately verify the report by the Toronto-based daily. The White House, US Commerce Department and Carney's office did not respond to requests for comment outside regula

Oct. 21, 2025

Apple attacks EU crackdown in digital law’s biggest court test

Apple Inc. lashed out at the European Union’s attempts to tame the power of Silicon Valley in the most far-reaching legal challenge of the bloc’s Big Tech antitrust rules. The iPhone maker’s lawyer Daniel Beard told the General Court in Luxembourg on Tuesday that the Digital Markets Act “imposes hugely onerous and intrusive burdens” at odds with Apple’s rights in the EU marketplace. The DMA came onto the EU’s books in 2023 and is designed to clip the wings of the world’s largest technology platf

Oct. 21, 2025

Trump, Australia's Albanese sign critical minerals agreement

WASHINGTON (Reuters) -- US President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement aimed at countering China on Monday at a meeting marked by Trump's jab at Australia's envoy to the United States over past criticism. China loomed large at the first White House summit between Trump and Albanese, with the US president also backing a strategic nuclear-powered submarine deal with Australia to bolster security in the Indo-Pacific. While Trump and Alb

Oct. 21, 2025

[Graphic News] Huawei leads global wearables market, Apple slips to 3rd

Apple lagged behind Chinese companies Xiaomi and Huawei in the global wearable market in the second quater, according to industry data from IDC. Huawei increased its shipments from 8.9 million to 9.9 million units, while Xiaomi saw a sharper rise from 5.9 million to 9.5 million, marking growth of 61 percent. Apple shipped 7.4 million Apple Watches during the quarter, up 28.8 percent from 5.7 million a year earlier. In terms of market share, Huawei led with 20.2 percent, followed by Xiaomi at 19.

Oct. 21, 2025

US-China trade war clouds global outlook as 'new normal' emerges

WASHINGTON (Reuters) -- International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump's second US presidency but also drained by seemingly never-ending uncertainty over what lies ahead. When finance ministers and central bankers gathered in Washington in April for the first of the twice-yearly meetings of the International Monetary Fund and World Bank, the

Oct. 20, 2025

Beijing's rare earths move is 'China vs world': Bessent

WASHINGTON (AFP) -- US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled." "This should be a clear sign to our allies that we must work together, and work together we will," Bessent told reporters at a press conference. "We are not going to let a group of bureaucrats in Beijing try to manage the global supply chains." His comments came as global economi

Oct. 16, 2025

US judge halts shutdown layoffs

SAN FRANCISCO (AP) — A federal judge on Wednesday temporarily blocked President Donald Trump’s administration from firing workers during the government shutdown, saying the cuts appeared to be politically motivated and were being carried out without much thought. US District Judge Susan Illston in San Francisco repeatedly pressed the assistant US attorney to explain the administration’s rationale for the more than 4,100 layoff notices that started going out Friday even though furloughed workers

Oct. 16, 2025

Shutdown could be the longest ever, House Speaker Johnson warns

WASHINGTON (AP) — Republican House Speaker Mike Johnson predicted Monday the federal government shutdown may become the longest in history, saying he “won’t negotiate” with Democrats until they hit pause on their health care demands and reopen. Standing alone at the Capitol on the 13th day of the shutdown, the speaker said he was unaware of the details of the thousands of federal workers being fired by the Trump administration. It’s a highly unusual mass layoff widely seen as way to seize on the

Oct. 14, 2025

Inflation beaten, Fed cuts rates, but prices remain high: Trump

WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve. Trump told the United Nations General Assembly late last month, “Grocery prices are down, mortgage rates are down, and inflation has been defeated.” And at a high-profile spee

Oct. 13, 2025

Truce fizzles as US-China trade tensions return to full boil

NEW YORK (AP) — For months, bubbling trade tensions between China and the US seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves last week by the two superpowers has thrust trade hostilities back in the global spotlight, roiling markets and raising alarms of what might come next. “Let’s poke the bear again,” economist Aleksandar Tomic, an associate dean at Bos

Oct. 12, 2025