Articles from www.reuters.com

Articles from www.reuters.com

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 (www.reuters.com)
2025-3-18 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 (www.reuters.com)
2025-3-18 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 (www.reuters.com)
2025-3-18 Xiaomi 4Q

Sources: US Commerce Department bureaus informed staffers in recent weeks that DeepSeek is banned on their government devices (www.reuters.com)
2025-3-18

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 (www.reuters.com)
2025-3-18 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)
2025-3-15 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 (www.reuters.com)
2025-3-14 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 (www.reuters.com)
2025-3-14 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 (www.reuters.com)
2025-3-13 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 (www.reuters.com)
2025-3-13 Intel

Intel appoints former board member Lip-Bu Tan as CEO, effective March 18; INTC jumps 11%+ after hours (www.reuters.com)
2025-3-13 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)
2025-3-12 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 (www.reuters.com)
2025-3-12 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 (www.reuters.com)
2025-3-12 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 (www.reuters.com)
2025-3-12 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 (www.reuters.com)
2025-3-11 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 (www.reuters.com)
2025-3-11 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 (www.reuters.com)
2025-3-11 AI

Oracle reports Q3 revenue grew 6% YoY to $14.13B, vs. $14.39B est., and cloud revenue rose 23% YoY to $6.2B (www.reuters.com)
2025-3-11 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 (www.reuters.com)
2025-3-11 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 (www.reuters.com)
2025-3-11 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

The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first (www.reuters.com)
2025-3-8

Filings: the US DOJ drops a bid to force Google to sell its AI investments to boost search competition but still seeks a court order requiring it to sell Chrome (www.reuters.com)
2025-3-8 Google AI Chrome

CoreWeave denies an FT report that Microsoft withdrew from some of its agreements ahead of CoreWeave's IPO, saying “there have been no contract cancellations” (www.reuters.com)
2025-3-7 Microsoft IPO

Broadcom reports Q1 revenue up 25% YoY to $14.92B, vs. $14.61B est., and forecasts Q2 revenue above estimates; AVGO jumps 8%+ after hours (www.reuters.com)
2025-3-7

Intel defeats a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge (www.reuters.com)
2025-3-6 Intel

Sources: China plans to issue guidance as soon as this month to encourage the use of open-source RISC-V chips nationwide for the first time (www.reuters.com)
2025-3-5 China

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