Articles from www.reuters.com

Articles from www.reuters.com

Qatari telecom group Ooredoo: Nvidia agreed to deploy AI tech in Ooredoo datacenters in five Middle Eastern countries, Nvidia's first major launch in the region (www.reuters.com)
2024-6-24 AI Nvidia Qatar

A look at Singapore's vital role in the global semiconductor industry: the city-state accounts for ~10% of chip output and 20% of chip-equipment production (www.reuters.com)
2024-6-22 Singapore

Sources: Amazon has considered a $5 to $10 monthly price tag for a revamped Alexa with generative AI features, dubbed “Remarkable Alexa” (www.reuters.com)
2024-6-22 Amazon AI

The US publishes targeted draft rules to ban or require notification of US investments in AI and other key technology sectors in China (www.reuters.com)
2024-6-22 China AI Ban

In a filing, ByteDance urged a US court to strike down a law that could ban TikTok in the US, recounting lengthy talks that it says the US ended in August 2022 (www.reuters.com)
2024-6-21 Ban

The restrictions on Kaspersky will stop new sales of its antivirus software in the US from July 20 and bar software updates to US customers after September 29 (www.reuters.com)
2024-6-21

PayPal hires one of Walmart's top tech executives Srini Venkatesan as its CTO, effective June 24, replacing Archie Deskus, who will leave the company in July (www.reuters.com)
2024-6-21 Walmart

Tencent removes hit game Dungeon & Fighter from select Android app stores after its contracts expired; local media says the app stores include Huawei and Oppo (www.reuters.com)
2024-6-20 Android Tencent OPPO

Amazon plans to invest €10B to expand cloud and logistics in Germany, including €8.8B by 2026 on AWS, taking its total planned German investment to €17.8B (www.reuters.com)
2024-6-20 Germany Amazon Logistics

Decagon, which uses generative AI to replace or augment a company's customer support staff, raised a $35M Series A led by Accel, with participation from a16z (www.reuters.com)
2024-6-19 AI

Qualcomm agrees to pay $75M to resolve a suit from shareholders accusing it defrauding them by hiding its alleged anticompetitive sales and licensing practices (www.reuters.com)
2024-6-19

The US FTC says it has referred a complaint to the DOJ against TikTok and ByteDance over potential violations of the Children's Online Privacy Act (www.reuters.com)
2024-6-19

Autonomous trucking startup Waabi raised a $200M Series B led by Uber and Khosla Ventures, after an $83.5M Series A in 2021, and aims for a full launch in 2025 (www.reuters.com)
2024-6-18 Uber Startup

Naver-owned online comics platform Webtoon aims to raise up to $315M in a US IPO, offering shares for $18 to $21 each and targeting an up to $2.67B valuation (www.reuters.com)
2024-6-18 IPO

Vietnam's state media says three of its five active international undersea internet cables are down, impacting connections with the US, Europe, and Asia (www.reuters.com)
2024-6-17 Europe Asia Vietnam

Survey: 52% of US and 63% of UK respondents say they would be uneasy with news produced mostly using AI; 59% worry about false news content online, up 3% YoY (www.reuters.com)
2024-6-17 AI

A Texas federal jury orders Amazon to pay nearly $122M to adtech company AlmondNet for infringing on two patents related to personalized ad targeting (www.reuters.com)
2024-6-17 Amazon Texas

Sources: the EU plans to charge Meta under the DMA, focusing on its pay or consent model where users pay a subscription for an ad-free Facebook and Instagram (www.reuters.com)
2024-6-15 Facebook Instagram

Meta will not launch Meta AI in Europe after the Irish DPC asked it to delay training its LLMs using the public Facebook and Instagram content of EU users (www.reuters.com)
2024-6-15 Europe Facebook AI Instagram

Amazon and telecom Vrio plan to launch a satellite internet service in Argentina, Brazil, Chile, Uruguay, Peru, Ecuador, and Colombia, coming online in mid-2025 (www.reuters.com)
2024-6-13 Amazon Chile Brazil Ecuador

Samsung announces plans to speed up the delivery of AI chips for clients by integrating its memory chip, foundry, and chip packaging services (www.reuters.com)
2024-6-13 Samsung AI

Broadcom reports Q2 revenue up 43% YoY to $12.49B, vs. $12.01B est., raises FY 2024 revenue forecast, announces a 10:1 stock split; AVGO jumps 9%+ after hours (www.reuters.com)
2024-6-13

SK Telecom says South Korean AI chip developers Rebellions and Sapeon Korea are pursuing a merger, in a bid to boost chip share in the next two to three years (www.reuters.com)
2024-6-12 Korea AI

Four Indian retailer associations representing 90K grocery shops say monthly sales are dropping by 10% to 60% for some due to the rise of quick commerce apps (www.reuters.com)
2024-6-12 India

Brazil's government hires OpenAI to expedite the screening and analysis of thousands of lawsuits using AI, providing insights to the solicitor general's office (www.reuters.com)
2024-6-12 AI Brazil

Sources: MediaTek is designing an Arm-based chip for Windows laptops, slated to launch late in 2025 after Qualcomm's exclusive deal expires (www.reuters.com)
2024-6-12

Tech execs and experts say Arm and Qualcomm's contract dispute could halt the shipment of new Arm-based PCs; the trial is scheduled to begin in December 2024 (www.reuters.com)
2024-6-11

SCOTUS agrees to hear Facebook's bid to scuttle a private securities fraud lawsuit over allegedly misleading investors on Cambridge Analytica in 2017 and 2018 (www.reuters.com)
2024-6-11 Facebook

New Jersey-based IT provider Cognizant agrees to acquire digital engineering company Belcan, which employs 10K across 60 locations, for $1.3B in cash and stock (www.reuters.com)
2024-6-10

Nokia CEO Pekka Lundmark made a phone call using new “immersive audio and video” tech that uses 3D sound on a 5G smartphone, as part of the 5G Advanced standard (www.reuters.com)
2024-6-10 5G Nokia

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