Articles from www.reuters.com

Articles from www.reuters.com

Amazon agrees to pay a $309M settlement and return $600M to users in a US class action lawsuit over allegedly incorrectly denied refunds since September 2017 (www.reuters.com)
6 days ago Amazon

Google agrees to pay $68M to settle a class action lawsuit claiming that Google Assistant inappropriately recorded private conversations on users' devices (www.reuters.com)
7 days ago Google

Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected during the winter storm, partly due to data center needs (www.reuters.com)
8 days ago Virginia

EquipmentShare, which runs a jobsite tech and equipment rental platform for the construction industry, raised $747.3M in its IPO, valuing the company at $7.16B (www.reuters.com)
9 days ago IPO

Intel says it struggled to satisfy demand for its server chips used in AI data centers, and forecasts Q1 2026 revenue and profit below market estimates (www.reuters.com)
10 days ago Intel AI

Sources: Amazon is planning a second round of job cuts next week as part of its goal of trimming 30,000 corporate workers, after cutting 14,000 jobs in October (www.reuters.com)
11 days ago Amazon

South Korea enacts the AI Basic Act, which it says includes the world's first comprehensive set of laws regulating AI, as startups warn of compliance burdens (www.reuters.com)
11 days ago Korea Startup AI

At Davos, Meta CTO Andrew Bosworth says Superintelligence Labs delivered its first high-profile AI models internally this month and the models are “very good” (www.reuters.com)
12 days ago AI Davos

GlobalWafers Chair Doris Hsu says the Taiwanese silicon wafer maker is preparing for phase two of its Texas plant, after unveiling plans to invest an extra $4B (www.reuters.com)
12 days ago Taiwan Texas

The EC introduces draft revisions to the EU's Cybersecurity Act to phase out equipment from high-risk suppliers in critical sectors, a move criticized by Huawei (www.reuters.com)
13 days ago

A Massachusetts judge grants a preliminary injunction blocking Kalshi from letting state residents bet on sports through its online platform (www.reuters.com)
13 days ago

The US FTC plans to appeal to revive its case accusing Meta of bolstering an illegal monopoly by acquiring Instagram and WhatsApp; Meta won the case in 2025 (www.reuters.com)
13 days ago Instagram WhatsApp

OpenAI rolls out age prediction on ChatGPT globally to identify users under 18 and apply automatic content protections as it prepares to introduce adult content (www.reuters.com)
13 days ago

Substack challenger Beehiiv expects to nearly double its annual revenue to $50M in 2026; it now has over 40,000 MAUs, including nearly 15,000 paying subscribers (www.reuters.com)
13 days ago

Ukraine says it plans to share nearly four years of combat data, including millions of hours of drone footage, with allies to help train AI models (www.reuters.com)
13 days ago AI Drone Ukraine

Legal AI startup Ivo, which aims to reduce hallucinations by breaking legal reviews into 400+ tasks, raised a $55M Series B, a source says at a $355M valuation (www.reuters.com)
13 days ago Startup AI

Atlantic Council: China-led cross-border digital currency platform mBridge, still a prototype, has processed 4,000+ cross-border transactions totaling $55.5B (www.reuters.com)
15 days ago China

Grid operator PJM plans to require large data centers to either bring their own power generation or curtail electricity use to prevent a large-scale outage (www.reuters.com)
17 days ago

Vietnam's military-run telecom company Viettel begins construction of the country's first chip plant, with trial production expected to start by late 2027 (www.reuters.com)
17 days ago Vietnam

Source: Italian police searched the offices of the country's data protection agency, one of EU's most proactive regulators, as part of a corruption probe (www.reuters.com)
17 days ago Italy

Italy's competition regulator opens two investigations into Microsoft's Activision Blizzard over sales practices it claims were “misleading and aggressive” (www.reuters.com)
17 days ago Italy Microsoft

TikTok plans to roll out a new age detection system, which analyzes profile information to predict whether a user is under 13, across Europe in the coming weeks (www.reuters.com)
17 days ago Europe

AI video startup Higgsfield raised an $80M Series A extension from Accel and others at a $1.3B+ valuation, and reports a $200M annualized revenue run rate (www.reuters.com)
18 days ago Startup AI

India's Supreme Court rules Tiger Global's $1.6B Flipkart stake sale to Walmart in 2018 is subject to taxes, a ruling that may shape future cross-border deals (www.reuters.com)
18 days ago India Tax Walmart

Microsoft agrees to buy a record 2.85M soil carbon credits from Indigo Carbon linked to regenerative US agriculture; a source values the deal at $171M-$228M (www.reuters.com)
18 days ago Microsoft

TSMC reports Q4 net profit up 35% YoY to a record ~$16B, handily beating estimates, as it benefited from surging demand for AI chips (www.reuters.com)
18 days ago AI 4Q

Bitchat, a P2P messaging app launched by Jack Dorsey, has emerged as a key lifeline for people in Uganda and Iran facing government-imposed internet shutdowns (www.reuters.com)
19 days ago Iran P2P Uganda

Elon Musk claims he's “not aware of any naked underage images generated by Grok” and that Grok's operating principle is to “obey the laws of any given country” (www.reuters.com)
19 days ago Elon Musk

Belgian startup Aikido Security, which offers automated security guardrails for developers, raised $60M led by DST Global at a $1B valuation (www.reuters.com)
19 days ago Startup Belgium

Sources: Chinese authorities told domestic companies to stop using cybersecurity software made by ~12 US and Israeli companies due to national security concerns (www.reuters.com)
19 days ago China Israel

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