Articles from www.reuters.com

Articles from www.reuters.com

OpenAI countersues Elon Musk, claiming harassment and asking a federal judge to stop Musk from any further attacks in a case over OpenAI's future structure (www.reuters.com)
3 hours ago Elon Musk

Sources: Italy is seeking €1.2B from fintech group ION following a probe by prosecutors in Bologna into alleged tax evasion over the 2013-2023 period (www.reuters.com)
8 hours ago Italy Tax Fintech

At an NRCC event, President Trump says he told TSMC it would pay a tax of up to 100% if it didn't build its US plants; in March, TSMC said it would invest $100B (www.reuters.com)
14 hours ago Trump Tax

Call transcript: Luxshare Chair Wang Laichun says the iPhone and AirPods maker is in talks with customers to move production from China, including to the US (www.reuters.com)
16 hours ago China iPhone

Sources: TSMC could face a $1B+ penalty to settle a US export control investigation over a chip it made that ended up inside Huawei's Ascend 910B chip (www.reuters.com)
1 day ago

Sources: a16z seeks to raise a $20B megafund for growth-stage investments in AI companies; global LPs see it as a way to invest in US firms without restrictions (www.reuters.com)
1 day ago AI

Sources: Micron has told US customers that it plans to impose a surcharge on some products like SSDs from April 9 to account for President Trump's tariffs (www.reuters.com)
1 day ago Trump

Sources: US officials say DOGE is using AI to surveil at least one federal agency's communications for anti-Trump sentiment; a source says DOGE is using Signal (www.reuters.com)
1 day ago Trump AI

Memo: the White House orders federal agencies to name chief AI officers and expand the use of AI, rescinding Biden-era orders intended to place AI safeguards (www.reuters.com)
2 days ago AI

Rescale, which develops engineering software to help simulate complex physical systems, raised a $115M Series D, bringing its total funding to over $260M (www.reuters.com)
2 days ago

Broadcom announces a share buyback program of up to $10B, set to run through the end of the year; AVGO jumps 3%+ after hours, after closing up 5.37% on Monday (www.reuters.com)
2 days ago

Infineon agrees to acquire Marvell's Automotive Ethernet business for ~$2.5B in cash; the unit is expected to generate revenue of $225M to $250M in FY 2026 (www.reuters.com)
2 days ago

Chinese media outlet Caijing: Microsoft's joint venture Wicresoft will cease its China operations from April 8 after stopping outsourcing after-sales support (www.reuters.com)
2 days ago China Microsoft

Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create a “back door” in its Advanced Data Protection service (www.reuters.com)
2 days ago Apple

TSMC and Foxconn fell by the Taiex exchange's daily 10% limit on April 7 as US tariffs roil global supply chains; Taiwan's 32% tariff is among Asia's highest (www.reuters.com)
2 days ago Taiwan Asia

Foxconn reports Q1 revenue up 24.2% YoY to $49.5B, driven by AI demand, but says the impact of evolving global political conditions will need “close monitoring” (www.reuters.com)
3 days ago AI

SandboxAQ, which uses quantum computing to develop AI, raised a $150M Series E extension from Google, Nvidia, and others, taking its total funding to $950M+ (www.reuters.com)
4 days ago Google AI Nvidia Quantum

A US federal judge decides Elon Musk's lawsuit against OpenAI will go to a jury trial in spring 2026; Musk and OpenAI agreed to fast-track the trial last month (www.reuters.com)
4 days ago Elon Musk

Sources: a TikTok deal, which was largely finalized by Wednesday, was put on hold after China indicated it would the reject the deal over Trump's tariffs (www.reuters.com)
5 days ago Trump China

China places some rare earth elements under export restrictions as part of its response to Trump's tariff package and imposes a 34% retaliatory tariff US goods (www.reuters.com)
5 days ago Trump China

Amazon plans to launch the first 27 satellites for its Project Kuiper internet network on April 9, after launching two prototype satellites in 2023 (www.reuters.com)
7 days ago Amazon

Sources: Arm decided not to pursue a deal after recently seeking to acquire Alphawave, a UK-listed supplier of semiconductor IP that is exploring a sale (www.reuters.com)
7 days ago

Lightmatter, which uses silicon photonics to move data in chips via light, unveils an interposer and chiplet for AI chips; the startup has raised $850M so far (www.reuters.com)
8 days ago Startup AI

Retym, which aims to bring its first AI data center chip to market this year, raised a $75M Series D led by Spark Capital, bringing its total funding to $180M (www.reuters.com)
9 days ago AI

How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales (www.reuters.com)
9 days ago Trump

TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion (www.reuters.com)
9 days ago Taiwan

Chinese AI startup Zhipu, which secured three rounds of government-backed funding in March 2025, launches a free AI agent, intensifying the domestic AI race (www.reuters.com)
9 days ago China Startup AI

Bain and Flipkart report: quick commerce made up over two-thirds of India's e-grocery orders in 2024, with GMV rising nearly five times to $6B-$7B from 2022 (www.reuters.com)
11 days ago India

A US judge rejects Musk's bid to dismiss a lawsuit claiming he defrauded ex-Twitter shareholders by delaying the disclosure of his initial Twitter investment (www.reuters.com)
12 days ago Twitter

Filing: Intel says three board members will not stand for reelection at its 2025 annual meeting, shrinking the size of the board to 11 members (www.reuters.com)
12 days ago Intel

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