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Articles from www.reuters.com
Articles from www.reuters.com
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www.reuters.com
SK Hynix announces plans to invest roughly $6.8B through 2028 on a chip plant in Yongin, South Korea, including a “mini-fab” to process 300mm silicon wafers
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www.reuters.com
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1 day ago
Korea
Canalys: China's smartphone shipments rose 10% YoY in Q2, with Huawei's shipments up 41%; Apple's market share in China dropped to 14%, down from 16% in Q2 2023
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www.reuters.com
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1 day ago
China
Apple
Sources: Meta is set to be hit with its first EU antitrust fine, which could be as much as 10% of its 2023 global revenue, for tying Marketplace and Facebook
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www.reuters.com
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1 day ago
Facebook
SK Hynix Q2: revenue up 125% YoY to ~$11.86B, operating profit of ~$3.96B, its highest quarterly profit in six years, and sees further rising chip demand in H2
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www.reuters.com
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2 days ago
Atos appoints its chairman Jean Pierre Mustier as CEO to replace departing boss Paul Saleh, in its fifth top management reshuffle in less than two years
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www.reuters.com
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2 days ago
Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US
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www.reuters.com
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3 days ago
Europe
Foxconn to invest $138 mln for new business headquarters in China
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www.reuters.com
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3 days ago
China
Sources: enterprise financial software maker OneStream raised $490M after pricing its IPO at $20 a share, above its $17-$19 marketed range, at a $4.6B valuation
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www.reuters.com
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3 days ago
IPO
Sources: Samsung's HBM3 chips have been cleared by Nvidia for use in its H20 GPU, developed for the Chinese market; HBM3E chips are still being tested
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www.reuters.com
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3 days ago
China
Samsung
Nvidia
A five-month FCC investigation finds AT&T's February 2024 outage that lasted 12+ hours blocked 92M+ voice calls and prevented 25K+ attempts to reach 911
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www.reuters.com
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4 days ago
AT&T
India plans to cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple, as part of its 2024/25 budget
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www.reuters.com
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4 days ago
India
Mobile
Apple
Budget
Reeling from CrowdStrike-related outages, Delta has canceled 4,000+ flights since Friday, including 900+ flights on Monday so far, according to FlightAware
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www.reuters.com
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4 days ago
Sources: Nvidia is working with Inspur to launch and distribute a new flagship AI chip “B20” for China that would be compatible with current US restrictions
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www.reuters.com
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5 days ago
China
AI
Nvidia
Reeling from CrowdStrike-related outages, Delta has canceled ~4.5K flights, ~1K on Sunday, and has already canceled 100+ for Monday, according to FlightAware
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www.reuters.com
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5 days ago
Oracle agrees to pay $115M to settle a lawsuit accusing it of invading people's privacy by collecting their personal information and selling it to third parties
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www.reuters.com
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7 days ago
Oracle
Nigeria fines Meta $220M after investigations showed data sharing on Facebook and WhatsApp violated local consumer, data protection, and privacy laws
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www.reuters.com
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7 days ago
Facebook
WhatsApp
Nigeria
Netflix added 8M subscribers in Q2 vs. 5M est., as it benefited from a crackdown on password-sharing and popular titles like Bridgerton and Baby Reindeer
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www.reuters.com
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8 days ago
Netflix
Italy's antitrust agency launches a probe into Google and Alphabet over alleged unfair commercial practices related to consent requests Google sends to users
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www.reuters.com
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9 days ago
Italy
Google
Alphabet
Meta decides to suspend its generative AI tools in Brazil after the government objected to Meta's new privacy policy on using personal data to train AI models
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www.reuters.com
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9 days ago
AI
Brazil
Doc: EU regulators are asking industry participants if Google's deal to have Gemini Nano pre-installed on Samsung phones hinders rival chatbots on the devices
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www.reuters.com
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9 days ago
Google
Samsung
chatbot
Israel-based CytoReason, which uses AI to develop disease models, raised $80M from Nvidia, Pfizer, Thermo Fisher, and OurCrowd, and plans a Massachusetts office
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www.reuters.com
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10 days ago
Israel
AI
Nvidia
Sources: GitLab, which has a market cap of ~$8B, is exploring a sale after attracting interest from peers, including Datadog, which has a market cap of $44B
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www.reuters.com
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10 days ago
Source: in an informal inquiry, the US FTC has asked Amazon to provide more details on its deal to hire top executives and license tech from AI startup Adept
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www.reuters.com
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10 days ago
Amazon
Startup
AI
Andrej Karpathy, an OpenAI co-founder and former head of Tesla's autopilot unit, unveils Eureka Labs, a “new kind of school” aiming to support teachers with AI
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www.reuters.com
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10 days ago
AI
Tesla
Analysis: North Korea's Lazarus sent $150K+ in crypto to Cambodian company Huione Pay between June 2023 and February 2024, showing how the group launders funds
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www.reuters.com
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12 days ago
Korea
An internal document and source detail OpenAI's Strawberry, formerly known as Q*, which aims to improve its AI models' reasoning capabilities dramatically
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www.reuters.com
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14 days ago
AI
The Sixth Circuit US Court of Appeals puts the FCC's reinstatement of net neutrality rules on hold until August 5 as it considers industry legal challenges
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www.reuters.com
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14 days ago
In a June report, India's antitrust body CCI found that Apple exploited its dominant position in iOS Apps Store and engaged “in abusive conduct and practices”
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www.reuters.com
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15 days ago
IOS
India
Apple
A survey of 1,600 decision makers in key global markets: 83% of Chinese respondents said they've adopted generative AI vs. 65% in the US and 54% global average
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www.reuters.com
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16 days ago
China
AI
FTC source: Microsoft ditching its OpenAI board observer seat is unlikely to resolve the FTC's concerns, as the agency conducts an antitrust review of AI deals
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www.reuters.com
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16 days ago
Microsoft
AI
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