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News— page 27

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Cyberattack affected 80 stores of French supermarket chain Co-Operative U

PARIS, Oct 13 (Reuters) – French supermarket chain Co-Operative U had 80 of its stores – out of an overall group total of 2,000 – affected by this week’s cyberattack, said company head Dominique Schelcher on Tuesday. “It affected a minority of our stores,” he told RTL radio. He said he could not pre

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Cyberattack affected 80 stores of French supermarket chain Co-Operative U
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NATO fund targets drone defence technologies as Ukraine reshapes priorities

By Alicja Surdy and Marta Maciag Oct 13 (Reuters) – Russia’s invasion of Ukraine is reshaping NATO’s defence technology priorities, with counter-drone systems and space-based surveillance emerging as some of the alliance’s most urgent capability gaps, the head of the NATO Innovation Fund told Reuter

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NATO fund targets drone defence technologies as Ukraine reshapes priorities
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South African fashion retailer Foschini Group’s UK arm hit by cyber incident

Oct 13 (Reuters) – South African fashion retailer The Foschini Group said on Tuesday it was investigating a recent cybersecurity incident at its UK operations, affecting its Phase Eight, Hobbs and Whistles brands. Some details from company statement: • The company’s UK operations detected a cybersec

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South African fashion retailer Foschini Group’s UK arm hit by cyber incident
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Nokia sells Enterprise Campus Edge business to Aurelius

OSLO, Oct 13 (Reuters) – Finland’s Nokia said on Tuesday it has agreed to sell its Enterprise Campus Edge (ECE) business to private equity group Aurelius. • The deal is expected to close in the first half of 2027, Nokia said in a statement, without revealing the price • “This planned transaction sup

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Nokia sells Enterprise Campus Edge business to Aurelius
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CSG enters space sector as largest shareholder in Canada’s MDA Space

Oct 13 (Reuters) – Czech arms maker CSG said on Tuesday it had acquired a 9.5% stake in Canada’s MDA Space, becoming the satellite and space technology company’s largest shareholder. CSG said the investment was its first venture into the space sector and could lead to further cooperation, including

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CSG enters space sector as largest shareholder in Canada’s MDA Space
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Europe’s carmakers turn back time to rival Chinese EVs

By Gilles Guillaume and Rachel More PARIS, Oct 13 (Reuters) – As Chinese electric vehicle makers challenge Europe’s auto industry with cheaper cars and increasingly sophisticated technology, established automakers are fighting back with one asset their rivals lack: history. Europe’s carmakers are in

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Europe’s carmakers turn back time to rival Chinese EVs
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Character.AI files for bankruptcy, agrees to sell some assets for $20 million

Oct 12 (Reuters) – Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. Here are some details about the bankruptcy and sale proceedings: • Character.AI said it has begun the formal process to sell assets, i

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Character.AI files for bankruptcy, agrees to sell some assets for $20 million
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AI boom bolstered growth in global trade,  benefiting China and India, IMF says

BANGKOK, Oct 13 (Reuters) – The strong demand for AI has bolstered growth in China, India and other Asian countries, outpacing the overall growth in global trade, IMF chief economist Silvana Tenreyro said on Tuesday. Global trade would have grown at a far slower rate without the AI boost, Tenreyro t

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AI boom bolstered growth in global trade,  benefiting China and India, IMF says
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Anthropic says new safeguards sharply reduce AI distillation attacks

Oct 12 (Reuters) – Anthropic said on Monday new measures designed to prevent rivals from copying the capabilities of its Claude AI models have reduced data harvested in so-called distillation attacks by about 90% to 99%. • Model distillation has emerged as a key concern for leading AI companies due

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Anthropic says new safeguards sharply reduce AI distillation attacks
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Meta releases Muse Wonder AI models to challenge Anthropic and OpenAI

Oct 12 (Reuters) – Meta on Monday launched Muse Wonder and Muse Wonder Full, calling them its most capable AI models yet, as the social media firm looks to compete more forcefully with OpenAI and Anthropic. Meta’s shares rose about 4% in afternoon trading. • The launch comes after CEO Mark Zuckerber

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Meta releases Muse Wonder AI models to challenge Anthropic and OpenAI
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French supermarket chain Intermarche hit by cyberattack, 150 stores targeted

(Corrects typo in the headline) PARIS, Oct 12 (Reuters) – Les Mousquetaires, which owns French retailer Intermarche, said on Monday it had been targetted by a cyberattack, with around 150 of its stores hit. It said fridges had been heated up to 50 degrees Celsius for six hours, and the company had t

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