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By David Shepardson (Reuters) – Lingo Telecom agreed to pay a $1 million fine after the agency said it transmitted fake robocalls imitating President Joe Biden seeking to dissuade people from voting for him in New Hampshire’s Democratic primary election, a U.S. government regulator said on Wednesday. The Federal Communications Commission said Lingo transmitted spoofed …

Lingo Telecom agrees to $1 million fine over AI-generated Biden robocalls Read More »

By Liz Hampton HOUSTON (Reuters) – U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter. Halliburton said it was aware of an issue affecting certain systems at the company and was working to determine the cause and impact of the problem. The company was …

Top US oilfield firm Halliburton hit by cyberattack, source says Read More »

(Reuters) – Canada’s freight rail transport could come to a grinding halt as the country’s two biggest railroad operators plan an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts. Both Canadian National Railway and Canadian Pacific Kansas City will lock out workers on Thursday if last-minute talks with the Teamsters Union fail to …

Factbox-Canadian rail stoppage set to squeeze North American industries Read More »

(Reuters) -Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-powered collaboration tools deployed in hybrid work models, sending its shares up 4% in extended trading. The video-conferencing provider has been doubling down on efforts to integrate artificial intelligence into its products and expand its range of services …

Zoom raises annual revenue forecast on strong demand for its AI-powered products Read More »

SANTIAGO (Reuters) – Chile’s SQM, the world’s second-largest lithium producer, reported a bigger-than-expected 63.2% slide in its quarterly profit on Wednesday due to weak prices of the battery metal, which it expects will continue for the rest of the year. The miner, which also produces fertilizers and industrial chemicals, posted a second-quarter net profit of …

Chile’s SQM posts 63% slump in profit, expects weak lithium prices to stay Read More »

(Reuters) – A rapid depreciation of Myanmar’s currency is pushing up the prices of essentials, including food and medicine, crippling ordinary households in the Southeast Asian country wrecked by civil war and a crumbling economy. The Myanmar kyat has been extremely volatile in recent days, plunging to a low of 7,500 to the dollar in …

Myanmar households crippled as currency tumbles to record low Read More »

(Reuters) -Chinese firm XPeng forecast third-quarter revenue below expectations and missed June-quarter sales estimates on Tuesday, hurt by stiff competition and a drop in demand for its aging line-up of pricey electric vehicles. The company, however, expects to deliver between 41,000 and 45,000 vehicles in the third quarter, slightly above 40,008 units a year earlier. …

XPeng projects lower-than-expected Q3 revenue on stiff competition Read More »

(Reuters) – A federal judge in Texas on Tuesday barred a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses. U.S. District Judge Ada Brown in Dallas said the FTC, which enforces federal antitrust laws, does not have …

US judge strikes down Biden administration ban on worker ‘noncompete’ agreements Read More »