Siemens sees limited tariff impact as profit top forecast

Siemens sees limited tariff impact as profit top forecast

ZURICH, May 15 (Reuters) – Siemens (SIEGn.DE), opens new tab expects only a small impact on profit this year from the ramp up in global tariffs, the German engineering group said on Thursday, after it reported better than expected second quarter results. The technology company, whose products include factory automation software, controllers and trains, has a global…

AI video generator startup Hedra raises $32 million in Andreessen Horowitz-led round

AI video generator startup Hedra raises $32 million in Andreessen Horowitz-led round

May 15 (Reuters) – Hedra, an AI startup that helps businesses generate lifelike videos, said it has raised $32 million in a funding round led by Andreessen Horowitz’s Infrastructure fund to expand operations and deepen its reach among marketers. The Series A fundraise valued the company at $200 million, according to a source involved in…

After US tariff shock, Cannes Film Market is cautiously business-as-usual

After US tariff shock, Cannes Film Market is cautiously business-as-usual

CANNES, France, May 15 (Reuters) – Buyers and sellers are heading into this year’s Cannes Film Market under a cloud of uncertainty as the initial shock of U.S. President Donald Trump’s proposed 100% tariff on foreign-made films has faded into a cautious business-as-usual approach. While the Cannes Film Festival conjures visions of glamorous celebrities on the red carpet and…

China’s Xiaomi to launch self-developed mobile chip in late May

China’s Xiaomi to launch self-developed mobile chip in late May

BEIJING, May 15 (Reuters) – Chinese smartphone and electric vehicle maker Xiaomi (1810.HK), opens new tab said on Thursday it would launch a new self developed mobile phone chip, XringO1, in late May. The announcement was made by Xiaomi’s CEO Lei Jun on his Weibo account. He did not give any further details. The move marks an…

GPT-4.1 makes ChatGPT smarter, faster, and more useful for paying users, especially coders

GPT-4.1 makes ChatGPT smarter, faster, and more useful for paying users, especially coders

OpenAI’s GPT-4.1 upgrade is more than just hype. Here’s how this model outperforms GPT-4o in software development, long-form tasks, and accuracy, according to developers already using it. OpenAI is now bringing GPT-4.1 to the Plus, Pro, and Team tiers of ChatGPT. GPT-4.1 was previously available only to API users. Since I’m throwing a whole lot of buzzwords…

Meta Reportedly Eyeing ‘Super Sensing’ Tech for Smart Glasses

Meta Reportedly Eyeing ‘Super Sensing’ Tech for Smart Glasses

The company is reportedly pulling back on some privacy concerns to give its smart glasses lineup a bigger AI boost. 2 min read Meta is reportedly developing what it calls a “super sensing” type of facial recognition technology to its smart glasses lineup. A new report from The Information said that Meta is developing software for the…

Uber’s new bus-like feature for commuters is nearly 50 percent cheaper than UberX

Uber’s new bus-like feature for commuters is nearly 50 percent cheaper than UberX

Uber announced a new type of ride that travels along a set route, comes every 20 minutes, includes up to two other passengers, and costs up to 50 percent less than an UberX ride. In other words, a bus. For years, Uber and its smaller rival Lyft have been gently mocked online for occasionally releasing products that closely…

Toyota confirms the all-electric compact C-HR is coming to the US

Toyota confirms the all-electric compact C-HR is coming to the US

Toyota confirmed today that the all-electric C-HR, previously only available in Europe, will arrive in the US next year. You might recall the C-HR as the gas-powered compact crossover sold in the US from 2018-2022. But now it has been resurrected as a battery electric vehicle with an estimated driving range of up to 290 miles….

The next Mario movie’s title got accidentally announced

The next Mario movie’s title got accidentally announced

Universal appears to have confirmed that the next Mario film will be titled Super Mario World. The title was included in a press release about upcoming movies, but apparently by mistake, since it was removed shortly after publication. The title first appeared in a press release about NBCUniversal’s upcoming content slate, listed as part of a selection…