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Articles from www.reuters.com
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www.reuters.com
Luxembourg's administrative court dismissed Amazon's appeal against a record €746M fine imposed by the country's privacy regulator in 2021 for GDPR violations
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www.reuters.com
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21 days ago
Amazon
GDPR
Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories
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www.reuters.com
)
21 days ago
Intel
Nvidia
Sources: CoreWeave plans to offer shares at $47 to $55 each when it begins marketing its IPO this week, aiming to raise between $2.3B and $2.7B
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www.reuters.com
)
21 days ago
IPO
BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment
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www.reuters.com
)
21 days ago
Microsoft
AI
Nvidia
Jensen Huang says Nvidia will use co-packaged optical tech in two of its upcoming networking chips for its servers, but wider use will have to wait
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www.reuters.com
)
22 days ago
Nvidia
Sources: the real closer for Wiz and Google executives was President Trump's election, which brought with it the prospect of a friendlier antitrust review
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www.reuters.com
)
22 days ago
Trump
Google
Germany's Federal Court of Justice rules against Apple's appeal against a regulatory assessment that opens Apple up to stricter controls in the country
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www.reuters.com
)
23 days ago
Germany
Apple
Didi reports Q4 revenue up 7.1% YoY to ~$7.32B and a ~$180M net loss, down from a ~$6.2M profit in Q4 2023, as it recovers from China's $1.2B fine in July 2022
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www.reuters.com
)
23 days ago
China
4Q
Xiaomi reports Q4 revenue up 48.8% YoY to ~$15B, above ~$14.4B est., adjusted net profit up 69.4% YoY to ~$1.2B, above ~$884M est., boosted by smartphone sales
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www.reuters.com
)
23 days ago
Xiaomi
4Q
Sources: US Commerce Department bureaus informed staffers in recent weeks that DeepSeek is banned on their government devices
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www.reuters.com
)
23 days ago
Sources: Intel's new CEO Lip-Bu Tan has considered restructuring Intel's AI approach and cutting staff to address a slow and bloated middle management layer
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www.reuters.com
)
23 days ago
Intel
AI
Sources: Russia is using bitcoin, ether, and stablecoins such as Tether in its oil trade with China and India to skirt Western sanctions
(
www.reuters.com
)
26 days ago
Russia
China
Bitcoin
India
Foxconn reports Q4 profit down 13% YoY to ~$1.41B, missing the ~$1.65B estimate, its first quarterly drop since Q2 2023, but forecasts strong Q1 2025 growth
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www.reuters.com
)
27 days ago
4Q
DeepSeek sparked an AI arms race among Chinese asset managers, shaking up China's $10T fund management industry as firms expand AI research and adopt DeepSeek
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www.reuters.com
)
27 days ago
China
AI
Asset
Singapore prosecutors say a case in which Singapore-based companies are accused of fraudulently supplying US servers to Malaysia involves $390M in transactions
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www.reuters.com
)
28 days ago
Singapore
Malaysia
A profile of Intel's new CEO Lip-Bu Tan, who invested in Annapurna Labs and Nuvia and revived the fortunes of chip design firm Cadence Design Systems as its CEO
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www.reuters.com
)
28 days ago
Intel
Intel appoints former board member Lip-Bu Tan as CEO, effective March 18; INTC jumps 11%+ after hours
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www.reuters.com
)
28 days ago
Intel
Sources: TSMC has pitched Nvidia, AMD, Broadcom, and Qualcomm about taking stakes in a JV to run Intel Foundry; TSMC would hold no more than a 50% stake
(
www.reuters.com
)
29 days ago
Intel
Nvidia
AMD
Spain's government approves a bill, pending lower house assent, imposing fines of up to €35M or 7% of annual turnover on firms not labeling AI-generated content
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www.reuters.com
)
29 days ago
AI
Spain
Manus partners with Alibaba's Qwen to integrate Manus' AI agent functions with AI models and computing platforms in China and to collaborate on Qwen's AI models
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www.reuters.com
)
29 days ago
China
Alibaba
AI
Delivery Hero says Uber has terminated its $950M deal to acquire Foodpanda in Taiwan and will pay a ~$250M termination fee after Taiwan's FTC blocked the deal
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www.reuters.com
)
29 days ago
Taiwan
Uber
India's Bharti Airtel signs a deal with SpaceX to launch Starlink in the country, offering it to business customers and providing rural internet access
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www.reuters.com
)
29 days ago
India
SpaceX
Sources: Meta is testing its first in-house AI training chip, a key milestone as it moves to design more of its own silicon and reduce its reliance on Nvidia
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www.reuters.com
)
30 days ago
AI
Nvidia
ServiceNow says it plans to acquire agentic AI company Moveworks for $2.85B in its largest-ever acquisition, a cash and stock deal set to close in H2 2025
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www.reuters.com
)
30 days ago
AI
Oracle reports Q3 revenue grew 6% YoY to $14.13B, vs. $14.39B est., and cloud revenue rose 23% YoY to $6.2B
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www.reuters.com
)
30 days ago
Oracle
Sources: CoreWeave has signed a five-year $11.9B contract with OpenAI that will give OpenAI a stake in the cloud computing provider ahead of its IPO
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www.reuters.com
)
30 days ago
IPO
Sources: Apple and Meta are set to face modest fines for allegedly breaching the EU's DMA, which allows fines of up to 10% of companies' global annual sales
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www.reuters.com
)
30 days ago
Apple
President Trump says “we're dealing with four different groups” for the sale of TikTok; Trump signed an EO on January 20 to delay the TikTok ban by 75 days
(
www.reuters.com
)
2025-3-10
Trump
Ban
Sources detail the nearly 10-hour-long tech meltdown of the European Central Bank's main payment system on February 27 due to a piece of malfunctioning hardware
(
www.reuters.com
)
2025-3-8
Europe
The CCI will review the antitrust case filed by an Indian distributors' federation over alleged deep discounting practices by Zomato, Swiggy, and Zepto
(
www.reuters.com
)
2025-3-8
India
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