Articles from www.reuters.com

Articles from www.reuters.com

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

X reports taking down accounts and posts following an order by the Indian government, which local media tied to farmers' protests, and disagrees with the action (www.reuters.com)
2024-2-22 India

Meta says “we understand Meta will not be required to pay for news content that publishers voluntarily post to our platforms” in Indonesia under a new law (www.reuters.com)
2024-2-22 Indonesia

Lenovo beats estimates with Q3 revenue up 3% YoY to $15.72B after 5 quarters of decline and net income down 23% YoY to $337M; services revenue up 10% YoY to $2B (www.reuters.com)
2024-2-22 Lenovo

Sources: Reddit has inked a deal with Google to make its content available for training the search giant's AI models; source: the contract is worth ~$60M a year (www.reuters.com)
2024-2-22 Google AI Reddit

Over 700 people, including AI experts and executives, sign an open letter calling for more regulation of deepfakes, including criminalizing deepfake child porn (www.reuters.com)
2024-2-22 AI

Taiwanese chip firms are moving to Japan as the China decoupling accelerates, with at least nine setting up shop or expanding operations over the past two years (www.reuters.com)
2024-2-22 China Japan Taiwan

Chipmaker Astera Labs, which offers cloud and AI connectivity hardware, files for a US IPO, reporting 2023 revenue up 44.9% YoY to $115.8M and a $26.3M net loss (www.reuters.com)
2024-2-22 IPO AI

Israel-based BRIA, a Getty-backed AI image generation startup that licenses 1B+ images from 18 stock providers, raised a $24M Series A from Publicis and others (www.reuters.com)
2024-2-22 Israel Startup AI

Sources: the US sent letters in 2023 to US suppliers of SMIC suspending permission to sell to its most advanced plant, after SMIC produced a chip for Huawei (www.reuters.com)
2024-2-22

Indonesia issues a regulation requiring digital platforms, including Facebook and Google, to pay media outlets that provide them with content (www.reuters.com)
2024-2-21 Google Facebook Indonesia

Circle says it will no longer mint USDC tokens on the Tron blockchain, effective immediately, to “ensure that USDC remains trusted, transparent, and safe” (www.reuters.com)
2024-2-21 Blockchain

A US appeals court rules a $1B jury verdict from 2019 against Cox for users' music piracy was unjustified; a new trial to be held to determine suitable damages (www.reuters.com)
2024-2-21

Microsoft President Brad Smith says the company plans to invest $2.1B in Spain in the next two years to expand its AI and cloud infrastructure in the country (www.reuters.com)
2024-2-20 Microsoft AI Spain

Document: the European Commission opens formal DSA proceedings against TikTok to assess its efforts to protect children, the second DSA investigation after X (www.reuters.com)
2024-2-19 Europe

Two professional gamers sue Activision Blizzard in the US, alleging the company is unlawfully monopolizing the market for Call of Duty leagues and tournaments (www.reuters.com)
2024-2-17

Carl Jenkins, head of hardware at Cruise, says he has resigned after six years with the company, the latest in a series of executive departures (www.reuters.com)
2024-2-16

DoorDash reports Q4 revenue up 27% YoY to $2.3B, vs. $2.24B est., total orders up 23% YoY to 574M, and Q1 profit forecast below estimates; DASH drops 8%+ (www.reuters.com)
2024-2-16 4Q

Google plans to let businesses install auto-updating ChromeOS Flex to Windows devices, to help stop millions of Windows 10 PCs from hitting landfills in 2025 (www.reuters.com)
2024-2-15 Google

A US judge approves Genesis' plan to sell ~$1.6B in Grayscale crypto trust shares to repay creditors, including 35M GBTC shares, worth ~$1.38B (www.reuters.com)
2024-2-15

TikTok plans to launch an in-app local language Election Centre in March in all 27 EU countries, to fight fake news ahead of the European Parliament elections (www.reuters.com)
2024-2-14 Europe

A US federal judge sets the trial date for an FTC antitrust lawsuit against Amazon for October 2026 (www.reuters.com)
2024-2-14 Amazon

Robinhood reports Q4 net revenue up 24% YoY to $471M, net interest revenue up 41% YoY to $236M, and net income of $30M, vs. a loss of $166M YoY; HOOD jumps 15%+ (www.reuters.com)
2024-2-14 4Q

Virginia-based software testing startup Antithesis raised a $47M seed, a source says led by Amplify, Tamarack Global, and First In at a $215M valuation (www.reuters.com)
2024-2-13 Startup Virginia

Sources: Founders Fund bought $100M in bitcoin and $100M in ether from late summer to early fall 2023; it sold its crypto portfolio in 2022 for $1.8B in returns (www.reuters.com)
2024-2-13 Bitcoin

A US federal judge blocks the enforcement of an Ohio law that would require children under 16 to get parental consent to use social media apps (www.reuters.com)
2024-2-13

Bugcrowd, which offers crowdsourced bug bounty tools, raised a $102M Series E led by General Catalyst to expand internationally, and has ~1,000 global customers (www.reuters.com)
2024-2-12

ASML begins gearing up to ship its new $350M High NA EUV machine, which is the size of a double decker bus, and expects to ship “a number” of them in 2024 (www.reuters.com)
2024-2-12

Letter and source: Xiaomi told India's government that Chinese component suppliers are wary about setting up operations in the country due to heavy scrutiny (www.reuters.com)
2024-2-12 China India Xiaomi

New York Attorney General expands her October 2023 lawsuit against DCG, Genesis, and Gemini, tripling the size of their alleged fraud from Gemini Earn to $3B+ (www.reuters.com)
2024-2-10 New York

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