Articles from www.reuters.com

Articles from www.reuters.com

A Lawrence Berkeley National Laboratory report says data centers could account for 6.7%-12% of US total electricity consumption by 2028, up from ~4% currently (www.reuters.com)
2024-12-24

Netflix sues Broadcom in California federal court, accusing VMware's cloud software of infringing five patents covering aspects of operating virtual machines (www.reuters.com)
2024-12-24 VMware Netflix California

Filing: Chinese video surveillance provider Dahua to terminate or exit five government projects in Xinjiang; Hikvision made a similar announcement this month (www.reuters.com)
2024-12-24 China

Sources: Microsoft is working on adding more internally developed and 3rd-party AI models to power 365 Copilot, to reduce reliance on OpenAI amid cost concerns (www.reuters.com)
2024-12-24 Microsoft AI

Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November (www.reuters.com)
2024-12-22

Dealogic data: the global M&A activity in the tech sector in 2024 jumped 20%+ YoY to $534B, accounting for the largest share of the total $3.45T in M&A activity (www.reuters.com)
2024-12-21

As part of its remedies proposal, Google would make its Android agreements with OEMs non-exclusive and allow them to unbundle Play Store from Chrome and Search (www.reuters.com)
2024-12-21 Android Google Chrome

Italy's data regulator fines OpenAI €15M after its probe found that the startup processed users' personal data to train ChatGPT without an adequate legal basis (www.reuters.com)
2024-12-21 Italy Startup

The UK CMA says its phase one probe finds that chip designer Synopsys' $35B acquisition of 3D software maker Ansys could reduce innovation and increase prices (www.reuters.com)
2024-12-20

Singapore-based bolttech, a B2B2C startup that offers “embedded” insurance products, raised a $100M+ Series C led by Dragon Fund at a $2.1B valuation (www.reuters.com)
2024-12-20 Startup Singapore Insurance

Swiss tech advisory SoftwareOne to buy Norwegian rival Crayon in a cash and stock deal valuing Crayon at ~$1.4B; the combined firm will have ~$1.8B in revenue (www.reuters.com)
2024-12-19 Switzerland Norway

Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder (www.reuters.com)
2024-12-19 Japan Sony

Sources: Apple is in early-stage talks with Tencent and ByteDance about integrating their AI models into iPhones sold in China; ChatGPT is unavailable in China (www.reuters.com)
2024-12-19 China AI Apple Tencent

Apple says Meta has made 15 interoperability requests under the EU's DMA, more than any other company, and that these could affect users' privacy and security (www.reuters.com)
2024-12-19 Apple

Bureau, which offers tools to prevent user identity fraud, raised a $30M Series B led by Sorenson Capital, a source says at a ~$150M valuation (www.reuters.com)
2024-12-19

The US ITC says smartphones made by Lenovo's Motorola Mobility infringe 5G patents owned by Ericsson; a final ruling is scheduled for April 2025 (www.reuters.com)
2024-12-18 5G Lenovo

Grubhub settled with the US FTC and IL AG for $25M, for allegedly adding restaurants without consent and misleading users about order fees and drivers about pay (www.reuters.com)
2024-12-18

NYC-based AI-powered accounting startup Basis raised a $34M Series A led by Khosla Ventures, with Nat Friedman, Jeff Dean, Adam D'Angelo, and others investing (www.reuters.com)
2024-12-18 Startup AI

Nigeria arrests 792 suspects, including 148 Chinese and 40 Filipino nationals, in a raid on a building believed to be a crypto romance scam call center (www.reuters.com)
2024-12-17 China Nigeria

Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain (www.reuters.com)
2024-12-17 France Apple Belgium

Australia's privacy watchdog says Meta agreed to a AU$50M settlement over a 2020 Cambridge Analytica lawsuit alleging 300K+ Facebook users' data was exposed (www.reuters.com)
2024-12-17 Australia Facebook

Document: Trump's transition team seeks to repeal a crash-reporting rule opposed by Tesla and other car makers and “liberalize” autonomous vehicle regulation (www.reuters.com)
2024-12-15 Trump Tesla Autonomous Car

Malaysia, which has secured billions in AI and cloud infrastructure investments over the past year, launches a national AI office for policy and regulation (www.reuters.com)
2024-12-14 AI Malaysia

China plans to set up a committee of 41 members, including representatives from Baidu and Peking University, to set standards for LLMs and AI risk assessment (www.reuters.com)
2024-12-13 China AI

Texas AG Ken Paxton investigates 15 companies, including Character.AI, Reddit, Instagram, and Discord, over their privacy and safety practices for minors (www.reuters.com)
2024-12-13 AI Instagram Reddit Texas

Meta unveils Meta Motivo, an AI model for controlling the movements of a human-like digital agent, with the potential to enhance the Metaverse experience (www.reuters.com)
2024-12-13 AI

Vapi, which helps businesses deploy AI-powered voice agents, raised a $20M Series A from Bessemer, Y Combinator, and others, source says at a $130M valuation (www.reuters.com)
2024-12-13 AI Y Combinator

Forbes: Elon Musk's net worth crossed $400B on December 12, boosted by Tesla stock and SpaceX's valuation; Jeff Bezos has a $244B net worth, the second highest (www.reuters.com)
2024-12-13 Tesla Elon Musk SpaceX Jeff Bezos

Filing: Samsung accuses India's competition watchdog of unlawfully detaining its employees and seizing data in a 2022 antitrust raid tied to Amazon and Flipkart (www.reuters.com)
2024-12-13 India Amazon Samsung

Filing: Microsoft expects an $800M charge in Q2 2025 over GM's exit of the Cruise robotaxi business, after acquiring a minority stake in Cruise in January 2021 (www.reuters.com)
2024-12-12 Microsoft

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