Articles from www.reuters.com

Articles from www.reuters.com

Brazilian Supreme Court Justice Alexandre de Moraes orders the immediate and full suspension of Rumble in the country due to noncompliance with court orders (www.reuters.com)
2025-2-22 Brazil

Sources: EU antitrust regulators are set to charge Google for breaching the DMA after proposed changes to its search results failed to address concerns (www.reuters.com)
2025-2-22 Google

Source: AI search engine startup Genspark raised a $100M Series A at a $530M valuation and currently has over 2M MAUs; it raised a $60M seed in June 2024 (www.reuters.com)
2025-2-22 Startup AI

Chinese state media: Huawei founder Ren Zhengfei told Xi Jinping at a meeting that concerns about China lacking homegrown chips or operating systems had eased (www.reuters.com)
2025-2-21 China

The European Commission approves €920M in German state aid to Infineon to build a new chip plant in Dresden, set to reach full capacity in 2031 (www.reuters.com)
2025-2-21 Germany Europe

Sources: Google is close to deciding on locations in India for its first physical retail stores outside the US; the company currently has five stores (www.reuters.com)
2025-2-20 India Google Retail

Russian search and ad giant Yandex reports 2024 revenue up 37% YoY to a record ~$12.3B and expects 2025 revenue up 30%+, after splitting from Nebius Group (www.reuters.com)
2025-2-20 Russia

AheadComputing, a startup co-founded by former Intel execs and engineers that aims to build RISC-V chip technology, raised a $21.5 seed led by Eclipse Ventures (www.reuters.com)
2025-2-20 Intel Startup

Lambda, which offers cloud services and computers to train AI, raised a $480M Series D, sources say at a $2.5B valuation, taking its total funding to $863M (www.reuters.com)
2025-2-20 AI

Court documents: Nigeria sues Binance to reclaim $79.5B in alleged economic losses it says were caused by its operations in the country and $2B in back taxes (www.reuters.com)
2025-2-20 Tax Nigeria

UK CMA submission: Apple says some of the CMA's mobile browser remedies will slow innovation and it would “not be appropriate” to mandate WebKit and iOS access (www.reuters.com)
2025-2-19 IOS Mobile Apple Browser

Google agrees to pay €326M to settle an Italian tax case from 2015 to 2019, covering sanctions, penalties, and interest; Milan prosecutors plan to drop the case (www.reuters.com)
2025-2-19 Italy Google Tax

Hexaware Technologies' stock rose as much as 10% on its trading debut, valuing the company at ~$5.44B, after the IT services firm raised $1B in its Indian IPO (www.reuters.com)
2025-2-19 India IPO

President Trump said tariffs on semiconductors would start at “25% or higher” and that he planned to provide some time for chip makers to set up US factories (www.reuters.com)
2025-2-19 Trump

Bumble reports Q4 revenue down 4.4% YoY to $261.6M, Bumble app paying users up 5% to 2.8M, and forecasts Q1 revenue below estimates; BMBL drops 13%+ after hours (www.reuters.com)
2025-2-19 4Q

Bain Capital says it will not launch a tender offer for Fuji Soft, after KKR raised its offer earlier this month for the Japanese IT company, valued at over $4B (www.reuters.com)
2025-2-18 Japan

South Korea's data protection authority says new app downloads of DeepSeek have been suspended in the country after DeepSeek failed to follow its privacy rules (www.reuters.com)
2025-2-17 Korea

Tencent is testing DeepSeek for search in its messaging app Weixin, while Baidu plans to fully connect its search engine to DeepSeek and its own LLM Ernie (www.reuters.com)
2025-2-17 Tencent

Filing: Nvidia cut its Arm stake by 43.8% to 1.1M shares in Q4, valuing its remaining stake at ~$181M as of Feb. 13, and discloses a position in China's WeRide (www.reuters.com)
2025-2-15 China 4Q Nvidia

Sources: China's President Xi will chair a symposium on February 17 to boost private sector sentiment, with Tencent CEO Pony Ma and other tech execs attending (www.reuters.com)
2025-2-15 China Tencent

Sources: the White House plans to renegotiate some Chips Act awards after reassessing requirements, and has signaled delays to some upcoming disbursements (www.reuters.com)
2025-2-14

Baidu says it plans to make its next-generation AI model, Ernie 4.5, open-source starting June 30, marking a major shift in strategy as competition heats up (www.reuters.com)
2025-2-14 AI

Sources: Arm is recruiting executives from its own customers in a push to sell its own chips, and is competing against Qualcomm to sell data center CPUs to Meta (www.reuters.com)
2025-2-14

Germany's Bundeskartellamt charges Apple with abusing its market power via App Tracking Transparency, giving itself preferential treatment, and requires changes (www.reuters.com)
2025-2-14 Germany Apple

Baidu says it will make its AI chatbot Ernie free starting April 1 to all users on both desktop and mobile platforms, citing improved tech and reduced costs (www.reuters.com)
2025-2-13 Mobile AI chatbot

Sources: Bain Capital, Advent International, and EQT AB are among the PE firms competing to acquire Trend Micro, which has a market value of about $8.54B (www.reuters.com)
2025-2-13

Trump nominates Apple exec Jonathan Morrison to the NHTSA; Morrison was NHTSA chief counsel in Trump's first term and informed Tesla of inaccurate safety claims (www.reuters.com)
2025-2-13 Trump Apple Tesla

Riyadh-based BNPL startup Tabby raised a $160M Series E led by Blue Pool Capital at a $3.3B valuation; CEO Hosam Arab expects an IPO within 18 months (www.reuters.com)
2025-2-12 IPO Startup

US chip startup Groq says it has secured a $1.5B commitment from Saudi Arabia to expand the delivery of its AI chips to the country over the course of this year (www.reuters.com)
2025-2-12 Startup AI Arabia Saudi Arabia

Reno, Nevada-based Positron, which sells AI chips intended for inference and manufactured in Arizona, raised a $23.5M seed from Flume, Valor Equity, and others (www.reuters.com)
2025-2-12 AI Equity

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