Articles from www.reuters.com

Articles from www.reuters.com

STMicro reports Q1 revenue down 27.3% YoY to $2.52B, below its $2.51B guidance, and projects Q2 revenue down 16.2% YoY to $2.71B, excluding any tariff changes (www.reuters.com)
2025-4-24

The White House says that fines on Apple and Meta by the EU are a “novel form of economic extortion” that the United States will not tolerate (www.reuters.com)
2025-4-24 Apple

New Jersey sues RealPage, accusing the property management software company and 10 of the state's largest landlords of conspiring to drive up residential rents (www.reuters.com)
2025-4-24

Flipkart plans to shift its holding company from Singapore to India as Walmart aims to take it public; Flipkart moved the entity to Singapore in 2011 (www.reuters.com)
2025-4-22 India Singapore Walmart

Sources: Huawei plans mass shipments of its 910C chip, which combines two 910B chips and is comparable to Nvidia's H100, to Chinese customers as early as May (www.reuters.com)
2025-4-22 China Nvidia

PE firm KKR agrees to acquire and take private Frankfurt-listed IT company Datagroup for about €450M in an all-cash deal expected to close in Q3 2025 (www.reuters.com)
2025-4-19 Frankfurt

A US judge temporarily halts mass firings at the US CFPB after the agency fired between 1,400 and 1,500 workers, eliminating as much as 90% of its workforce (www.reuters.com)
2025-4-19

Memo: CEO Lip-Bu Tan flattens Intel's leadership team, with important semiconductor groups reporting directly to him, and names Sachin Katti as CTO and AI chief (www.reuters.com)
2025-4-18 Intel AI

China bans automakers from using “smart driving” or “autonomous driving” in ads for driver-assist tech and tightens scrutiny after a fatal Xiaomi EV crash (www.reuters.com)
2025-4-17 China Xiaomi

Deezer says ~18% of songs uploaded to the service are AI-generated; 20K AI-generated songs are uploaded daily, nearly twice the number reported four months ago (www.reuters.com)
2025-4-17 AI

River: China's local governments held 15,000 bitcoin worth $1.4B at the end of 2024, the world's 14th biggest holder, sparking a debate on how to handle it (www.reuters.com)
2025-4-16 China Bitcoin

Sources: Nvidia did not warn at least some major customers in advance about new US export rules on its H20 chips to China; the US told Nvidia about a week ago (www.reuters.com)
2025-4-16 China Nvidia

California's AG declines to join Elon Musk's lawsuit against OpenAI, saying the office did not see how Musk's action serves the state's public interest (www.reuters.com)
2025-4-16 Elon Musk California

Sources: chip industry executives told US officials and lawmakers that Trump's new tariffs could cost US semiconductor equipment makers more than $1B a year (www.reuters.com)
2025-4-16 Trump

Figma confidentially files for a US IPO; the company was valued at $12.5B in a May 2024 tender offer (www.reuters.com)
2025-4-16 IPO

Chinese state media: police in Harbin accuse the NSA of launching “advanced” cyberattacks during the Asian Winter Games in February 2025 and name three agents (www.reuters.com)
2025-4-15 China

South Korea increases assistance to semiconductor industry by ~25% to $23.25B amid US tariffs, competition with China; the sector represents 21% of its exports (www.reuters.com)
2025-4-15 China Korea

Data center operator Applied Digital reports Q3 revenue up 22% YoY to $53M, vs. $63M est., as clients delay renewing their leases; APLD drops 13%+ after hours (www.reuters.com)
2025-4-15

The Trump administration begins a probe into imports of semiconductors on national security grounds, as part of a bid to impose tariffs on the sector (www.reuters.com)
2025-4-15 Trump

Autonomous trucking startup Kodiak Robotics says it plans to go public in the US via blank-check company Ares Acquisition Corp II, valuing Kodiak at $2.5B (www.reuters.com)
2025-4-15 Startup Robot

Intel says it will sell a 51% stake in Altera to Silver Lake, valuing the programmable chip unit at $8.7B; Intel bought Altera for $15B in 2015 (www.reuters.com)
2025-4-14 Intel Silver

President Trump told reporters he would announce the tariff rate on imported semiconductors over the next week, giving some flexibility to certain companies (www.reuters.com)
2025-4-14 Trump

Source: Alphabet and Nvidia are among investors backing Safe Superintelligence; Google Cloud announced on April 9 that SSI is using its TPUs for AI research (www.reuters.com)
2025-4-12 Google AI Nvidia Alphabet

SmartScout: China-based electronics accessories maker Anker has raised prices by ~18% on a fifth of its products on Amazon, as US starts applying new tariffs (www.reuters.com)
2025-4-12 China Amazon

China's retail giants launch initiatives to help Chinese exporters pivot to the domestic market in response to the US trade war; JD.com launched a $27B fund (www.reuters.com)
2025-4-12 China Retail

The cybersecurity industry is mostly quiet after Trump canceled SentinelOne's security clearances for hiring Chris Krebs; SentinelOne says it will cooperate (www.reuters.com)
2025-4-11 Trump

nEye Systems, which is developing data center chips that use light to send data, raised a $58M Series B led by CapitalG, bringing its total funding to $72.5M (www.reuters.com)
2025-4-11

Google says it will give a 71% discount to US federal agencies for Workspace, as it looks to capitalize on the Trump administration's cost-cutting push (www.reuters.com)
2025-4-11 Trump Google

Analysis: Intel CEO Lip-Bu Tan and his VC firms invested in 600+ Chinese tech companies including 8+ with military ties; a source says he divested the positions (www.reuters.com)
2025-4-10 China Intel

Sources: Apple chartered cargo flights to ferry 600 tons of iPhones, or up to 1.5M units, to the US from India; a source says Apple “wanted to beat the tariff” (www.reuters.com)
2025-4-10 India Apple

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