Articles from www.reuters.com

Articles from www.reuters.com

Google will pay $30M to settle a class action lawsuit alleging it violated kids' privacy on YouTube by collecting data without parental consent for targeted ads (www.reuters.com)
8 days ago Google YouTube

Tether hires Bo Hines, who stepped down as White House Crypto Council Executive Director earlier in August, as an adviser to help it expand in the US (www.reuters.com)
8 days ago

A survey of 4,446 US adults on AI: 71% are concerned AI will permanently displace large numbers of workers, 61% worry about electricity consumption, and more (www.reuters.com)
8 days ago AI

Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than the H20 available in China (www.reuters.com)
8 days ago China AI Nvidia

OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to expand in its second-largest market (www.reuters.com)
8 days ago India

US DNI Tulsi Gabbard says the UK has agreed to drop its mandate requiring Apple to provide a backdoor for accessing users' encrypted data (www.reuters.com)
8 days ago Apple

The US FTC sues Key Investment Group, operator of sites like TotalTickets.com, for skirting ticket limits to buy up and resell live event tickets at a markup (www.reuters.com)
8 days ago

Blockchain-based lender Figure files for a US IPO, reporting H1 revenue up 22.4% YoY to $191M and a profit of $29M, compared with a loss of $13M in H1 2024 (www.reuters.com)
8 days ago Blockchain IPO

Source: Arm has hired Amazon AI chip director Rami Sinno to help develop its own chips; he previously worked on Amazon's Trainium and Inferentia chips (www.reuters.com)
8 days ago Amazon AI

Australia's ACCC says Google agreed pay a ~$36M fine over deals from 2019-2021 with Telstra and Optus to pre-install only Google Search on Android phones (www.reuters.com)
9 days ago Android Australia Google Telstra

The World Humanoid Robot Games kicked off in Beijing on August 15, with robots across 280 teams from 16 countries competing in track and field and other sports (www.reuters.com)
11 days ago Robot

Filing: Shein reports 2024 UK sales up 32.3% YoY to £2.05B, making the UK its third largest market after the US and Germany, as it works toward a Hong Kong IPO (www.reuters.com)
11 days ago Germany Hong Kong IPO

Sen. Josh Hawley calls for a congressional probe into Meta after a report on its AI policy allowing sensual chats with kids; Sen. Marsha Blackburn backs a probe (www.reuters.com)
12 days ago AI

An internal Meta doc shows its chatbots were allowed to engage in provocative conversations; Meta removed some examples, including romantic roleplay with kids (www.reuters.com)
13 days ago chatbot

Indian IT services company Infosys agrees to take a 75% stake in Versent Group, a cloud services provider wholly owned by Australia's Telstra Group, for ~$153M (www.reuters.com)
13 days ago Australia India Telstra

Lenovo reports Q1 revenue up 22% YoY to $18.8B, vs. $17.4B est., and net profit surged 108% YoY to $505M, vs. $307.7M est., despite challenges from US tariffs (www.reuters.com)
13 days ago Lenovo

Google plans to spend $9B in Oklahoma over two years on cloud and AI infrastructure, including a new data center campus and an expansion of its Pryor facility (www.reuters.com)
13 days ago Google AI

Cisco reports Q4 revenue up 8% YoY to $14.67B, vs. $14.62B est., net income up 31% to $2.8B, and forecasts Q1 revenue above estimates (www.reuters.com)
13 days ago 4Q Cisco

Sources: the US Navy and Air Force may cancel two nearly complete HR software projects to give firms like Salesforce and Palantir a chance to win similar work (www.reuters.com)
14 days ago Salesforce

New York sues Zelle, claiming that security lapses led to $1B in consumer fraud losses; the US CFPB dropped a similar case in March (www.reuters.com)
14 days ago New York

Sources: the US secretly embedded location trackers in select AI chip and server shipments, including Dell and Super Micro, to detect illegal China diversions (www.reuters.com)
14 days ago China AI

Tencent reports Q2 revenue up 15% YoY to ~$25.7B, vs. ~$24.8B est., gaming revenue up 17% YoY to ~$5.6B, global revenue up 35% YoY to ~$2.6B, a $7.7B net profit (www.reuters.com)
14 days ago Tencent

Advent International agrees to acquire and take private Nasdaq-listed Sapiens International, an Israel-based insurance software company, for $2.5B in cash (www.reuters.com)
14 days ago Israel Insurance

Elon Musk alleges Apple is violating antitrust laws by “making it impossible” for any AI firm but OpenAI to top its App Store, says xAI will take legal action (www.reuters.com)
15 days ago AI Apple Elon Musk

Paxos applies to create a US national trust bank, which would allow it to manage and hold assets for customers, following applications by Circle and Ripple (www.reuters.com)
15 days ago Asset

A UK judge dismisses Wikimedia's Online Safety Act challenge over requiring Wikipedia to verify users and contributors, but says it can file further challenges (www.reuters.com)
16 days ago

UK retailer M&S resumes click and collect services after a cyberattack on April 22, set to cost it ~£300M; M&S restarted online delivery orders on June 10 (www.reuters.com)
16 days ago

Rumble says it plans to acquire German AI cloud group Northern Data in an all-stock deal; estimates show the deal could be valued at $1.17B (www.reuters.com)
16 days ago Germany AI

Sources: SoftBank has selected banks for a potential US IPO of its payments app operator PayPay, which may raise over $2B and could take place as soon as Q4 (www.reuters.com)
16 days ago IPO 4Q

Coding bootcamps, a Silicon Valley mainstay for over a decade, are facing decline as AI eliminates the kind of entry-level roles for which they trained people (www.reuters.com)
17 days ago AI

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