Articles from www.reuters.com

Articles from www.reuters.com

An interview with OpenAI CFO Sarah Friar on Donald Trump being the “president of this AI generation”, Elon Musk's public threats, ChatGPT user growth, and more (www.reuters.com)
2024-12-11 Trump Interview AI Elon Musk

Trump picks FTC Commissioner Andrew Ferguson to chair the FTC; Ferguson has said the FTC should tackle perceived censorship of conservative viewpoints online (www.reuters.com)
2024-12-11 Trump

The US Commerce Department finalizes a $6.1B+ subsidy for memory chipmaker Micron under the CHIPS Act to fund its factory projects in New York and Idaho (www.reuters.com)
2024-12-10 New York

Filing: Japanese chipmaker Kioxia set its IPO price at ~$9.70, the middle of the range, raising ~$800M and valuing it at ~$5.2B, ahead of a December 18 listing (www.reuters.com)
2024-12-9 Japan IPO

CapitaLand: Asia Pacific's colocation data center market is expected to grow to $52.2B by 2026, up from $25.5B in 2022, driven by demand for AI-based services (www.reuters.com)
2024-12-8 Asia AI

A White House official says that the US believes China-linked Salt Typhoon hackers targeted and recorded the phone calls of “very senior” US political figures (www.reuters.com)
2024-12-8 China

The CFPB issues an order establishing supervisory authority over Google Payment; Google says it's challenging the decision in court (www.reuters.com)
2024-12-7 Google

Sources: Ubisoft shareholders are considering how to structure a possible buyout of the game maker without reducing the founding Guillemot family's control (www.reuters.com)
2024-12-7

The FCC proposes rules for carriers to submit an annual certification attesting they have a plan to protect against cyberattacks, after the Salt Typhoon hack (www.reuters.com)
2024-12-6

Sources: TSMC is in discussions with Nvidia to make its Blackwell AI chips at TSMC's new Arizona plant starting in early 2025, expanding on Taiwan production (www.reuters.com)
2024-12-5 Taiwan AI Nvidia

Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December (www.reuters.com)
2024-12-5

Bengaluru-based Swiggy reports Q2 revenue of ~$425M and a $74M loss in its first post-IPO earnings, and expects to post positive core earnings by December 2025 (www.reuters.com)
2024-12-5 IPO

Intel interim co-CEO David Zinsner maintains Intel's financial forecast and says he expects the next CEO to have some capability around both foundry and product (www.reuters.com)
2024-12-5 Intel

Four Chinese state-backed industry groups, representing most of China's chip demand, urge members to drop US chips, calling them “no longer safe or reliable” (www.reuters.com)
2024-12-5 China

Netflix says Netflix Japan passed 10M+ subscribers in H1 2024 and has doubled its user base in the past four years thanks to Japanese-language programming (www.reuters.com)
2024-12-5 Japan Netflix programming

Chinese AI company SenseTime says it completed a major organizational restructuring to focus on generative AI, shifting from computer vision and surveillance (www.reuters.com)
2024-12-4 China AI

Meta is seeking proposals from nuclear power developers, as it plans to add 1 to 4 gigawatts of new US nuclear generation capacity starting in the early 2030s (www.reuters.com)
2024-12-4

Celsius Network founder Alex Mashinsky agreed in a US court to plead guilty to commodities fraud and a fraudulent scheme to manipulate the price of CEL (www.reuters.com)
2024-12-4 Commodity

Sources: Intel starts shortlisting a handful of CEO candidates, including former board member Lip-Bu Tan, who left in August 2024 after clashing with Gelsinger (www.reuters.com)
2024-12-4 Intel

Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast (www.reuters.com)
2024-12-3

Baidu receives a license to test its Apollo Go robotaxi service in Hong Kong, Baidu's first known permit for autonomous vehicle testing outside mainland China (www.reuters.com)
2024-12-1 China Hong Kong Autonomous Car

Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and core delivery business up 20.2% YoY to $9.57B (www.reuters.com)
2024-11-29 China

Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B (www.reuters.com)
2024-11-29 IPO Dubai

Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more (www.reuters.com)
2024-11-29 Google Canada

India's competition watchdog launches a probe into Google's restrictive policies for real-money games on Android, following a complaint by gaming app WinZO (www.reuters.com)
2024-11-29 Android India Google

Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity (www.reuters.com)
2024-11-28 Intel

Foxconn Chair Young Liu says the company expects any impact of Trump's new tariffs to hit it less than its rivals, citing its global manufacturing footprint (www.reuters.com)
2024-11-28 Trump Manufacturing

Analysis: Elon Musk posted about Trump's cabinet picks 70+ times from November 7 to 20 to promote his preferred candidates; Trump picked others in several cases (www.reuters.com)
2024-11-28 Trump Elon Musk

Samsung names Young Hyun Jun as its co-CEO as well as head of its memory chip business and appoints Jinman Han as the company president and foundry unit head (www.reuters.com)
2024-11-27 Samsung

The FCC approves a license for SpaceX and T-Mobile to use Starlink to offer supplemental coverage from space in a bid to extend internet access to remote areas (www.reuters.com)
2024-11-27 Mobile SpaceX

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