Articles from www.reuters.com

Articles from www.reuters.com

After removing 100+ Indian apps on March 1, Google is now “temporarily reinstating the apps of the developers with appeals pending in the Supreme Court” (www.reuters.com)
2024-3-6 India Google

Google outlines updates to comply with the EU DMA: changes to search to prioritize large intermediaries and aggregators, new tools for app developers, and more (www.reuters.com)
2024-3-5 Google

EU court rules that regulators should pay €786K of legal fees for Qualcomm, not the €12M the company sought after it won an appeal against a 2018 antitrust fine (www.reuters.com)
2024-3-3

A US judge says Google must face advertisers' antitrust lawsuit, but dismisses some claims, including those focused on ad-buying tools used by large advertisers (www.reuters.com)
2024-3-2 Google

Apple says users and a number of government agencies in the EU raised concerns about the security risks of allowing app sideloading on iOS to comply with DMA (www.reuters.com)
2024-3-2 IOS Apple

Email: GM told Cruise employees that the company's internal share price had been estimated at $11.80 by a third party, down from $24.27 just one quarter ago (www.reuters.com)
2024-3-1

India approves setting up three chipmaking units worth $15.2B from companies including India's Tata Group and Japan's Renesas (www.reuters.com)
2024-2-29 Japan India

FCC Chair Jessica Rosenworcel proposes subjecting carmakers to the Safe Connections Act to protect domestic abuse survivors from misuse of internet car systems (www.reuters.com)
2024-2-29

Coinbase says all services on its website have been restored after an issue on February 28 caused some users to see a zero balance in their accounts (www.reuters.com)
2024-2-29 Coinbase

Sources: cloud storage service Egnyte has hired underwriters for a US IPO as early as this year that could value it at $3B+; Egnyte was valued at $460M in 2018 (www.reuters.com)
2024-2-29 IPO

HP reports Q1 revenue down 4.4% YoY to $13.19B, vs. $13.56B est., Personal Systems revenue down 4% YoY to $8.8B, and Printing revenue down 5% YoY to $4.4B (www.reuters.com)
2024-2-29

Sources: Fiserv and Amadeus are the two main contenders to acquire Shift4 Payments, which provides payment processing services and has a market value of $6.5B (www.reuters.com)
2024-2-29

Axel Springer and 31 other media groups in Europe file a $2.3B lawsuit against Google, alleging that they suffered losses due to its digital ad practices (www.reuters.com)
2024-2-29 Europe Google

Meta CEO Mark Zuckerberg met with LG executives in South Korea to discuss a stronger partnership on XR devices as well as a potential collaboration in AI (www.reuters.com)
2024-2-28 Korea AI Zuckerberg

Filing: OpenAI asks a US federal judge to dismiss parts of NYT's copyright suit, alleging it “paid someone to hack OpenAI's products” and violated OpenAI's TOS (www.reuters.com)
2024-2-28

Sources: the BlackCat ransomware gang is behind the outage at UnitedHealth's technology unit that has disrupted services at pharmacies in the US for six days (www.reuters.com)
2024-2-27

South Korea's SK Telecom partners with Perplexity to access its proprietary models and to offer Perplexity's paid version of its AI-based search engine for free (www.reuters.com)
2024-2-27 Korea AI

Broadcom sells its end-user computing unit to KKR in a deal valued at about $4B (www.reuters.com)
2024-2-27

Japan plans to give up to $4.86B more in subsidies to help TSMC build a second chip fabrication plant in Kumamoto (www.reuters.com)
2024-2-25 Japan

Sources: Broadcom is nearing a $3.8B deal to sell its end-user computing unit to private equity firm KKR (www.reuters.com)
2024-2-25 Equity

FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG (www.reuters.com)
2024-2-25 Europe Startup

The US DOE says it will suspend its mandatory survey of energy use by crypto miners, following a lawsuit by bitcoin miner Riot Platforms and an industry group (www.reuters.com)
2024-2-24 Bitcoin Energy

Nvidia hits $2T in market value, after adding $277B to its market value on Thursday, Wall Street's largest one-day gain on record (www.reuters.com)
2024-2-24 Wall Street Nvidia

A US judge says FTX can sell its Anthropic shares after FTX reached a compromise with its customers opposing the sale; FTX invested $500M in Anthropic in 2021 (www.reuters.com)
2024-2-23

Block reports Q4 revenue up 24% YoY to $5.77B, Square profit up 18% YoY, Cash App profit up 25% YoY, and forecasts Q1 adjusted EBITDA above est.; SQ jumps 12%+ (www.reuters.com)
2024-2-23 4Q

Google plans to integrate Gemini into its Performance Max ad placement tool, helping brands generate longer headlines, after adding Gemini to Google Workspace (www.reuters.com)
2024-2-23 Google

The US FTC says Avast needs to pay $16.5M and stop selling web browsing data for ads to settle charges that the UK company misrepresented how it uses such data (www.reuters.com)
2024-2-23

A California regulator delays Waymo's application to expand robotaxi services to parts of the Los Angeles area and San Francisco's peninsula until June 19, 2024 (www.reuters.com)
2024-2-22 San Francisco California

The US DOJ names Princeton University professor Jonathan Mayer as its first chief AI officer, as well as chief science and technology adviser, to monitor AI (www.reuters.com)
2024-2-22 AI

Downdetector: users of AT&T, Verizon, T-Mobile, and other networks report ongoing cellular outages across the US, starting at around 4:30AM ET (www.reuters.com)
2024-2-22 Mobile AT&T

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