Articles from www.reuters.com

Articles from www.reuters.com

Take-Two reports Q4 bookings flat YoY at $1.58B, forecasts FY 2027 bookings below est., reiterates GTA VI's November 19 launch date; TTWO jumps 6%+ after hours (www.reuters.com)
2026-5-22 4Q

Sources: Starbucks shut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items (www.reuters.com)
2026-5-22 AI Starbucks

Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (www.reuters.com)
2026-5-22 AI

Federal records: Grok was utilized in only 3 of 400+ publicly identified federal AI use cases in 2025, behind 234 for ChatGPT, 33 for Gemini, 26 for Claude (www.reuters.com)
2026-5-22 AI

X resolved a three-year dispute with Australia's eSafety regulator after a court upheld a fine against the company for inadequate disclosures on combating CSAM (www.reuters.com)
2026-5-21 Australia

Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 would fall by about 8% to 9%; UBI falls 6%+ (www.reuters.com)
2026-5-21

Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year (www.reuters.com)
2026-5-21 Layoffs Zuckerberg

Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has decided to suspend a general strike (www.reuters.com)
2026-5-21 Korea Samsung

Internal memo: Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and focus on its key bets (www.reuters.com)
2026-5-20

Russia's Sberbank says it hopes to use Chinese chips to power its flagship GigaChat AI model, as sanctions continue to block the country's access to hardware (www.reuters.com)
2026-5-20 Russia China AI

Trump signs an EO calling on regulators and the Fed to review policies that could support fintech growth, including expanding fintech access to payment accounts (www.reuters.com)
2026-5-20 Trump Fintech

Epic says Fortnite has returned to Apple's App Store globally, after its US re-launch in 2025, signaling confidence in a favorable outcome in an ongoing lawsuit (www.reuters.com)
2026-5-19 Apple

Mistral acquires Vienna-based Emmi AI for an undisclosed sum to boost its industrial offerings in Europe; Emmi raised €15M in Austria's largest round in 2025 (www.reuters.com)
2026-5-19 Europe AI Austria

Arkham: Iran's largest crypto exchange, Nobitex, processed $2.3B+ since 2023 via Tron and BNB Chain, including $23M+ since the Iran war started in February (www.reuters.com)
2026-5-19 Iran

Sources: Kalshi has probed and flagged 400+ suspicious trades YTD, more than 2x the number it investigated in all of 2025; Polymarket has seen a similar uptick (www.reuters.com)
2026-5-16

Sources detail friction between Samsung's memory and logic chip businesses over higher bonuses for memory chip workers, leading many to leave or apply elsewhere (www.reuters.com)
2026-5-16 Samsung

Sources: SpaceX aims to make its IPO prospectus public by next week, targeting a June 12 listing on Nasdaq, driven by a faster-than-expected SEC review (www.reuters.com)
2026-5-16 IPO SpaceX

Figma reports Q1 revenue up 46% YoY to $333.4M, vs. $313.2M est., and forecasts Q2 revenue above estimates, citing AI monetization; FIG jumps 8%+ after hours (www.reuters.com)
2026-5-15 AI

Anthropic and Gates Foundation pledge $200M to use AI in health and education initiatives; the foundation signed a similar, $50M deal with OpenAI in January (www.reuters.com)
2026-5-15 AI Education

The UK CMA launches an antitrust investigation into Microsoft's business software dominance, focusing on its bundling of Windows, Word, Teams, and other apps (www.reuters.com)
2026-5-14 Microsoft

Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (www.reuters.com)
2026-5-14 AI

Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made (www.reuters.com)
2026-5-14 China Alibaba Tencent Nvidia

Musk v. Altman filing: Sam Altman holds $2B+ in stakes in companies that have done business with OpenAI, including a $1.7B stake in fusion startup Helion Energy (www.reuters.com)
2026-5-14 Energy Startup

Sources: Microsoft is in discussions to acquire LLM developer Inception; SpaceX also courted Inception, which is looking for a price of over $1B (www.reuters.com)
2026-5-14 Microsoft SpaceX

LinkedIn says it has “implemented organizational changes”; a source says LinkedIn plans to cut about 5% of its 17,500 full-time workers (www.reuters.com)
2026-5-14 LinkedIn

The FTC says Shutterstock will pay $35M to settle charges that Shutterstock misled consumers about its subscription plans and made it too difficult to cancel (www.reuters.com)
2026-5-14

Apple files an EU submission criticizing draft DMA measures that would require Google to give competing AI services access to Android apps, citing privacy risks (www.reuters.com)
2026-5-13 Android Google AI Apple

Ofcom fines an unnamed suicide forum £950K, the largest OSA fine so far, for hosting illegal content accessible in the UK; the forum is linked to 130+ deaths (www.reuters.com)
2026-5-13

Samsung and its South Korean labor union fail to reach a pay deal; the union has said workers will strike for 18 days from May 21 if its demands are not met (www.reuters.com)
2026-5-13 Korea Samsung

Meta offers to give rival AI chatbots free access to WhatsApp for a month while it discusses commitments with EU antitrust regulators to address their concerns (www.reuters.com)
2026-5-13 AI chatbot WhatsApp

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