Articles from www.reuters.com

Articles from www.reuters.com

Amazon debuts Supply Chain Services, allowing other companies to use its logistics network to move, store, and deliver raw materials, final products, and more (www.reuters.com)
4 hours ago Amazon Logistics

Source: Cerebras is expected to price its shares at between $115 and $125 and go public with the “CBRS” ticker; Cerebras is targeting a $40B valuation (www.reuters.com)
5 hours ago

China's Linkerbot, which holds 80%+ of global dexterous robotic hands market, raised a Series B+ at a $3B valuation and seeks a $6B valuation in its next round (www.reuters.com)
10 hours ago China Robot

Amadeus IT Group, which operates the world's largest travel booking system, plans to acquire French biometrics company Idemia Public Security, for €1.2B in cash (www.reuters.com)
1 day ago France

An investigation finds Nobitex was founded by two brothers from Iran's Kharrazi family; the crypto exchange processed hundreds of millions beyond US sanctions (www.reuters.com)
1 day ago Iran

A UK court orders Samsung to pay ZTE $392M for patents needed to enable phone network access; Samsung faces similar suits from ZTE in China, Germany, and Brazil (www.reuters.com)
2 days ago China Germany Samsung Brazil

The Academy of Motion Picture Arts and Sciences issues new rules saying acting and writing must be performed by humans and not AI to be eligible for Oscars (www.reuters.com)
2 days ago AI

The US Navy awards Domino Data Lab a contract worth up to $100M for AI software that teaches underwater drones to identify new mines in the Strait of Hormuz (www.reuters.com)
3 days ago AI Drone

Western Digital reports Q3 revenue up 45% YoY to $3.34B, vs. $3.25B est., and forecasts Q4 revenue above estimates; WDC drops 7%+ after hours (www.reuters.com)
3 days ago 4Q Western Digital

Atlassian reports Q3 revenue up 32% YoY to $1.79B, vs. $1.69B est., and raises its annual revenue forecast; TEAM jumps 17%+ after hours (www.reuters.com)
3 days ago Atlassian

Tim Cook says iPhone sales, which slightly missed Q2 estimates, were held back by chip supply constraints, as “demand was off the charts” (www.reuters.com)
3 days ago iPhone Tim Cook

Sources: strong AI demand in China nearly doubles prices for Nvidia's B300 servers to ~$1M each, as a crackdown on chip smuggling dries up black market supply (www.reuters.com)
4 days ago China AI Nvidia

SpaceX IPO filing: Elon Musk can only be removed as CEO via a vote by holders of Class B super-voting shares, which he will control post-IPO, a rare provision (www.reuters.com)
5 days ago IPO Elon Musk SpaceX

Cognizant agrees to acquire Astreya, which helps manage data center infrastructure, AI lab environments, and enterprise networks, for ~$600M, set to close in Q2 (www.reuters.com)
5 days ago AI

Filing: TSMC sold its remaining 1.11M Arm shares at $207.65 per share for a total of ~$231M this week; TSMC invested ~$100M in Arm's 2023 IPO at $51 per share (www.reuters.com)
5 days ago IPO

Microsoft is rolling out Copilot 365 to all of Accenture's roughly 743,000 employees, in the biggest enterprise deal for Copilot, following a 2023 pilot (www.reuters.com)
5 days ago Microsoft

EU countries and lawmakers reach an impasse on a deal watering down the EU's AI Act due to some parties seeking exemptions for already regulated industries (www.reuters.com)
5 days ago AI

Sources: the US Commerce Department last week ordered multiple chip equipment companies to halt some shipments to China's second-largest chipmaker, Hua Hong (www.reuters.com)
5 days ago China

Seagate reports Q3 revenue up 44% YoY to $3.11B, vs. $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 13%+ after hours (www.reuters.com)
5 days ago 4Q

South Africa withdraws its first draft national AI policy after revelations that it contained fictitious sources that appeared to have been AI-generated (www.reuters.com)
5 days ago AI Africa South Africa

Sources and executives: the war in the Middle East disrupted crucial PCB raw material supplies; Goldman Sachs says PCB prices surged as much as 40% MoM in April (www.reuters.com)
7 days ago Goldman

A US judge dismisses Elon Musk's fraud claims in his lawsuit against OpenAI at his request, and plans to proceed to trial on other claims (www.reuters.com)
9 days ago Elon Musk

The US CFTC sues New York, accusing the state of invading its authority to regulate prediction markets by filing lawsuits against Coinbase and Gemini (www.reuters.com)
9 days ago New York Coinbase CFTC

Diplomatic cable: US State Department has ordered a global push to bring attention to what it says are efforts by Chinese companies to steal IP from US AI labs (www.reuters.com)
9 days ago China AI

Brazil's Finance Minister Dario Durigan says the country has blocked prediction market platforms and tightened derivatives rules to curb “bet-like” products (www.reuters.com)
9 days ago Brazil

India's central bank cancels Paytm Payments Bank's banking license, after imposing business curbs over non-compliance with rules in January 2024 (www.reuters.com)
9 days ago India Central Bank

Norway plans to ban children from using social media until they turn 16; the government says it will introduce a bill in parliament by the end of 2026 (www.reuters.com)
10 days ago Ban Norway

Sources: India is piloting 10 schemes to test whether its CBDC, the e-rupee, can deliver welfare payments more efficiently, as it looks to boost e-rupee usage (www.reuters.com)
10 days ago India Welfare

Huawei says its Ascend supernode based on the Ascend 950 AI chips will fully support DeepSeek V4, as DeepSeek launches a preview of its V4 model (www.reuters.com)
10 days ago AI

S-1 excerpts: SpaceX warns multiple investigations into sexually abusive AI imagery created with xAI's Grok may hurt the company's global market access (www.reuters.com)
10 days ago AI SpaceX

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