Articles from www.reuters.com

Articles from www.reuters.com

Celebrity video shoutout app Cameo sues OpenAI for trademark infringement, alleging Sora's “cameo” feature is likely to cause confusion and dilute its brand (www.reuters.com)
2025-10-29

Skyworks buys rival Qorvo for ~$9.76B in a cash-and-stock deal, forming a $22B combined company that supplies radio-frequency chips to Apple and others (www.reuters.com)
2025-10-29 Apple

Riyadh-based BNPL startup Tabby completes a secondary share sale of existing shareholders' stakes, valuing it at $4.5B ahead of a possible IPO (www.reuters.com)
2025-10-28 IPO Startup

NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects above estimates Q4 revenue of $3.20B to $3.40B (www.reuters.com)
2025-10-28 4Q

Sources: the Netherlands took control of Nexperia over fears its ex-CEO Zhang Xuezheng was dismantling its European operations and moving production to China (www.reuters.com)
2025-10-28 China Europe Netherlands

A US judge decertifies a class action that accused Apple of monopolizing the market for iPhone apps, citing errors in the plaintiffs' damages model (www.reuters.com)
2025-10-28 iPhone Apple

Chegg plans to cut 388 roles, or about 45% of the workforce, citing the “new realities of AI”, and says executive chairman Dan Rosensweig returns as CEO (www.reuters.com)
2025-10-28 AI

NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020 (www.reuters.com)
2025-10-28 Google Energy

Sources: SAP is considering a new bid for software company BlackLine, after its previous offer of $66 per share, or nearly $4.5B, was rejected in June (www.reuters.com)
2025-10-28

Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring (www.reuters.com)
2025-10-28 Amazon Layoffs

The US forms a $1B partnership with AMD to construct two supercomputers, Lux and Discovery, accelerating research in fusion energy, drug development, and more (www.reuters.com)
2025-10-28 Energy AMD

Papers, patents, and tenders show China's military is integrating DeepSeek and Qwen models in weapons like AI-powered drones, and continues to use Nvidia chips (www.reuters.com)
2025-10-27 China AI Drone Nvidia

Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options (www.reuters.com)
2025-10-27 Australia Microsoft AI

Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token (www.reuters.com)
2025-10-26 Cryptocurrency

Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers (www.reuters.com)
2025-10-25 China Xiaomi

Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom (www.reuters.com)
2025-10-25 Japan AI

Lindo St. Angel, VP of hardware at Amazon's Lab126 R&D unit since 2010, plans to leave on October 31; he helped develop the Echo, Astro robot, and Fire tablet (www.reuters.com)
2025-10-25 Amazon Robot

Oreo maker Mondelez has spent $40M+ on an AI tool, developed with Publicis and Accenture, to cut costs for the production of marketing content by 30% to 50% (www.reuters.com)
2025-10-25 AI

Grindr board members Ray Zage and James Lu, part of an investor group that owns more than 60%, offer to take Grindr private for ~$3.46B; GRND closes up 18.63% (www.reuters.com)
2025-10-25

IBM says it was able to run a key quantum computing algorithm in real-time on commonly available field programmable gate array chips made by AMD (www.reuters.com)
2025-10-24 IBM Algorithm Quantum AMD

UK prosecutors say the ringleader of a 2024 arson attack on Ukraine-linked businesses in London discussed kidnapping Revolut's Russia-born CEO Nikolay Storonsky (www.reuters.com)
2025-10-24 Russia Ukraine London

The UK's Competition Appeal Tribunal rules against Apple in a lawsuit accusing it of abusing its dominant position by charging a 30% App Store commission (www.reuters.com)
2025-10-24 Apple

Cyprus's financial regulator grants a crypto license to Revolut, allowing the startup to offer crypto services across the EU under new regulations (www.reuters.com)
2025-10-24 Startup

Alibaba launches a free consumer-focused AI chatbot in its Quark app, powered by Qwen 3, and plans to open pre-sales for its $660 Quark AI Glasses on October 24 (www.reuters.com)
2025-10-23 Alibaba AI chatbot

OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ and set to open in 2028, as part of Stargate (www.reuters.com)
2025-10-23 Oracle

Sources: Nexperia's China unit has resumed chip sales to local distributors, with transactions now settled in yuan instead of foreign currencies such as the USD (www.reuters.com)
2025-10-23 China Forex

Sources: Trump administration is considering barring exports of products made with US software to China in response to the country's rare earth restrictions (www.reuters.com)
2025-10-23 Trump China

Baidu and Swiss Post's PostBus plan to launch Baidu's Apollo Go autonomous vehicle service in Switzerland, testing in December ahead of rollout by Q1 2027 (www.reuters.com)
2025-10-22 Switzerland Autonomous Car

EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems (www.reuters.com)
2025-10-22 AI

A UN pact to fight cybercrime is set to be signed by dozens of countries in Hanoi; tech companies and activists warn the pact may criminalize ethical hacking (www.reuters.com)
2025-10-22

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