Articles from www.reuters.com

Articles from www.reuters.com

Vapi, which helps businesses deploy AI-powered voice agents, raised a $20M Series A from Bessemer, Y Combinator, and others, source says at a $130M valuation (www.reuters.com)
2024-12-13 AI Y Combinator

Forbes: Elon Musk's net worth crossed $400B on December 12, boosted by Tesla stock and SpaceX's valuation; Jeff Bezos has a $244B net worth, the second highest (www.reuters.com)
2024-12-13 Tesla Elon Musk SpaceX Jeff Bezos

Filing: Samsung accuses India's competition watchdog of unlawfully detaining its employees and seizing data in a 2022 antitrust raid tied to Amazon and Flipkart (www.reuters.com)
2024-12-13 India Amazon Samsung

Filing: Microsoft expects an $800M charge in Q2 2025 over GM's exit of the Cruise robotaxi business, after acquiring a minority stake in Cruise in January 2021 (www.reuters.com)
2024-12-12 Microsoft

An interview with OpenAI CFO Sarah Friar on Donald Trump being the “president of this AI generation”, Elon Musk's public threats, ChatGPT user growth, and more (www.reuters.com)
2024-12-11 Trump Interview AI Elon Musk

Trump picks FTC Commissioner Andrew Ferguson to chair the FTC; Ferguson has said the FTC should tackle perceived censorship of conservative viewpoints online (www.reuters.com)
2024-12-11 Trump

The US Commerce Department finalizes a $6.1B+ subsidy for memory chipmaker Micron under the CHIPS Act to fund its factory projects in New York and Idaho (www.reuters.com)
2024-12-10 New York

Filing: Japanese chipmaker Kioxia set its IPO price at ~$9.70, the middle of the range, raising ~$800M and valuing it at ~$5.2B, ahead of a December 18 listing (www.reuters.com)
2024-12-9 Japan IPO

CapitaLand: Asia Pacific's colocation data center market is expected to grow to $52.2B by 2026, up from $25.5B in 2022, driven by demand for AI-based services (www.reuters.com)
2024-12-8 Asia AI

A White House official says that the US believes China-linked Salt Typhoon hackers targeted and recorded the phone calls of “very senior” US political figures (www.reuters.com)
2024-12-8 China

The CFPB issues an order establishing supervisory authority over Google Payment; Google says it's challenging the decision in court (www.reuters.com)
2024-12-7 Google

Sources: Ubisoft shareholders are considering how to structure a possible buyout of the game maker without reducing the founding Guillemot family's control (www.reuters.com)
2024-12-7

The FCC proposes rules for carriers to submit an annual certification attesting they have a plan to protect against cyberattacks, after the Salt Typhoon hack (www.reuters.com)
2024-12-6

Sources: TSMC is in discussions with Nvidia to make its Blackwell AI chips at TSMC's new Arizona plant starting in early 2025, expanding on Taiwan production (www.reuters.com)
2024-12-5 Taiwan AI Nvidia

Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December (www.reuters.com)
2024-12-5

Bengaluru-based Swiggy reports Q2 revenue of ~$425M and a $74M loss in its first post-IPO earnings, and expects to post positive core earnings by December 2025 (www.reuters.com)
2024-12-5 IPO

Intel interim co-CEO David Zinsner maintains Intel's financial forecast and says he expects the next CEO to have some capability around both foundry and product (www.reuters.com)
2024-12-5 Intel

Four Chinese state-backed industry groups, representing most of China's chip demand, urge members to drop US chips, calling them “no longer safe or reliable” (www.reuters.com)
2024-12-5 China

Netflix says Netflix Japan passed 10M+ subscribers in H1 2024 and has doubled its user base in the past four years thanks to Japanese-language programming (www.reuters.com)
2024-12-5 Japan Netflix programming

Chinese AI company SenseTime says it completed a major organizational restructuring to focus on generative AI, shifting from computer vision and surveillance (www.reuters.com)
2024-12-4 China AI

Meta is seeking proposals from nuclear power developers, as it plans to add 1 to 4 gigawatts of new US nuclear generation capacity starting in the early 2030s (www.reuters.com)
2024-12-4

Celsius Network founder Alex Mashinsky agreed in a US court to plead guilty to commodities fraud and a fraudulent scheme to manipulate the price of CEL (www.reuters.com)
2024-12-4 Commodity

Sources: Intel starts shortlisting a handful of CEO candidates, including former board member Lip-Bu Tan, who left in August 2024 after clashing with Gelsinger (www.reuters.com)
2024-12-4 Intel

Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast (www.reuters.com)
2024-12-3

Baidu receives a license to test its Apollo Go robotaxi service in Hong Kong, Baidu's first known permit for autonomous vehicle testing outside mainland China (www.reuters.com)
2024-12-1 China Hong Kong Autonomous Car

Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and core delivery business up 20.2% YoY to $9.57B (www.reuters.com)
2024-11-29 China

Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B (www.reuters.com)
2024-11-29 IPO Dubai

Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more (www.reuters.com)
2024-11-29 Google Canada

India's competition watchdog launches a probe into Google's restrictive policies for real-money games on Android, following a complaint by gaming app WinZO (www.reuters.com)
2024-11-29 Android India Google

Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity (www.reuters.com)
2024-11-28 Intel

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