SAN FRANCISCO (Reuters) -Contrary to popular belief, using cutting-edge artificial intelligence tools slowed down experienced software developers when they were working in codebases familiar to them, rather than supercharging their work, a new study found. AI research nonprofit METR conducted the in-depth study on a group of seasoned developers earlier this year while they used Cursor, a popular AI coding assistant,...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

10:00 AM EDT, 07/10/2025 (MT Newswires) -- LTC Properties ( LTC ) said Thursday that Genesis Healthcare, which operates a number of LTC properties, has filed for Chapter 11 bankruptcy. The company said Genesis Healthcare affiliates lease six skilled nursing centers under a master lease with LTC and Genesis has paid contractual rent through July. The master lease was set...

10:04 AM EDT, 07/10/2025 (MT Newswires) -- STMicroelectronics ( STM ) signed a new licensing agreement with Metalenz, a provider of metasurface optics, to expand the company's ability to produce advanced metasurface optics, the companies said Thursday. Financial details weren't disclosed. The deal is expected to expand STMicroelectronics' ( STM ) access to Metalenz's intellectual property, enabling the production of...