Articles from www.reuters.com

Articles from www.reuters.com

Binance says it plans to resume withdrawals in phases starting Sunday, after covering 95% of the ~$6.3B in tokens stolen in the hack, including BTC and ETH (www.reuters.com)
10 hours ago ETH

Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash (www.reuters.com)
10 hours ago AI Insurance

Binance says it has covered 90% of its hack losses, having set aside $6.34B+ of company funds; the remaining 10% is in less liquid tokens (www.reuters.com)
23 hours ago

OpenAI tightens limits on the weapons-related information that ChatGPT provides teens, even when a question appears harmless, as part of new safeguards (www.reuters.com)
1 day ago

Microsoft, Alphabet, Amazon, Meta, and Oracle returned just 9.3% of cash to shareholders in the first three quarters of 2026, a 15-year low amid AI spending (www.reuters.com)
1 day ago Amazon Microsoft AI Oracle Alphabet

London's High Court dismisses Meta, TikTok, and X's challenge to Ofcom's Online Safety Act information requests, rejecting arguments they were disproportionate (www.reuters.com)
1 day ago London

Binance says it has reserved $6.34B+ in company funds, including $5B already held in impacted token assets, to deal with the fallout from the $6.3B hack (www.reuters.com)
2 days ago Asset

CXMT reports Q3 revenue of ~$16.7B, up 613.2% YoY, and a net profit of ~$8.17B, swinging to profitability on the back of rising AI-driven memory chip prices (www.reuters.com)
2 days ago AI

The UK CMA opens a probe into whether Meta imposed exploitative terms on publishers and advertisers to use their content to develop its AI and other services (www.reuters.com)
2 days ago AI

TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes (www.reuters.com)
2 days ago Korea

Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders (www.reuters.com)
2 days ago

Symbotic says Walmart has committed an additional $6B over several years to deploy Symbotic's supply-chain automation technology across its distribution network (www.reuters.com)
2 days ago Walmart

Serval, which offers AI agents for enterprise IT operations like access management, raised $150M led by Sequoia at a $3B valuation, up from $1B in December 2025 (www.reuters.com)
3 days ago AI

Sources: the Pentagon is treating the late August freezer malfunctions across 6+ military bases as a suspected cyberattack and is working with French police (www.reuters.com)
3 days ago France Pentagon

DoorDash agrees to acquire Instacart in a ~$17B deal, paying $65 per share, a 26% premium to its October 22 close, as the food platform market consolidates (www.reuters.com)
3 days ago

Sources: Bloomberg, Susquehanna, and Jump Trading signed up for Truth Social's fast API feed of President Trump's posts, paying $60K to $100K per month (www.reuters.com)
3 days ago Trump

STMicro reports Q3 revenue up 17.9% YoY to $3.76B, operating income up 98% YoY to $429M, vs. $400.5M est., and forecasts $4.15B in Q4 revenue, vs. $4.10B est. (www.reuters.com)
3 days ago 4Q

Zillow agrees to pay $212.5M to settle an investor class action over its failed Zillow Offers home-flipping venture, after SCOTUS refused to hear its appeal (www.reuters.com)
3 days ago

Sources: the US DOJ has inquired about the impact of Nvidia's Hugging Face deal on AI competition, as antitrust enforcers continue to probe Nvidia's conduct (www.reuters.com)
3 days ago AI Nvidia

Microsoft reports Q1 capex of $45.2B, up from $34.9B a year earlier and below its own $50B projection, and free cash flow of $18.6B, vs. $8.54B est. by analysts (www.reuters.com)
3 days ago Microsoft

Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+ (www.reuters.com)
3 days ago Oracle

Dropbox plans to cut ~6% of its staff, or ~200 jobs, costing $27M to $33M in severance and related costs, and says CTO Ali Dasdan will step down on November 18 (www.reuters.com)
4 days ago Dropbox

Email: a hacker attack forced the FEC to temporarily take its filing system offline around 10pm ET on Monday, blocking groups from submitting reports (www.reuters.com)
4 days ago Hacker

Malaysia says it seized ~$12.11M worth of AI chips this month, as authorities close in on a syndicate suspected of smuggling through the country's main airport (www.reuters.com)
4 days ago AI Malaysia

Sources: CXMT plans to start HBM3E production despite yields of just 20% to 30%; its HBM3E performance is closer to that of SK Hynix's previous-gen HBM3 chips (www.reuters.com)
4 days ago

The US FCC approves Amazon Leo's $11.5B acquisition of Globalstar, giving Amazon access to Globalstar's 24 satellites and mobile satellite spectrum (www.reuters.com)
4 days ago Amazon Mobile

Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025 (www.reuters.com)
4 days ago Fintech Toronto

Robinhood reports Q3 revenue up 12% YoY to $1.42B, in line with est., crypto revenue down 55% to $120M, and profit down 14% to $476M; HOOD drops 5%+ after hours (www.reuters.com)
4 days ago

Sources: Trend Micro's TrendAI found Israeli adtech company Discover-Tech heavily targeted Starlink users in 100+ countries, likely to geolocate or surveil them (www.reuters.com)
5 days ago Israel

China's Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month (www.reuters.com)
5 days ago China AI

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