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Articles from www.reuters.com
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www.reuters.com
SoftBank's Vision Fund plans layoffs; sources say ~20% of staff will be impacted as SoftBank shifts resources to Masayoshi Son's large-scale AI bets in the US
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www.reuters.com
)
25 days ago
AI
Layoffs
Netskope opened up 21% at $23 per share in its Nasdaq debut, giving it a ~$8.79B market cap, after the cybersecurity company raised $908.2M in its IPO
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www.reuters.com
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26 days ago
IPO
In a peer-reviewed Nature article, DeepSeek says it has spent $294,000 on training its R1 model and used 512 Nvidia H800 chips
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www.reuters.com
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26 days ago
Nvidia
Deliveroo CEO Will Shu will step down once its takeover by DoorDash takes effect; the deal is expected to close by October 2
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www.reuters.com
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26 days ago
Source: SoftBank's plans for a JV with OpenAI to bring AI to Japanese corporate customers are well behind schedule, with an update now expected in November
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www.reuters.com
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26 days ago
Japan
AI
A US district judge rules Amazon violated consumer law by collecting Prime subscribers' billing info before disclosing terms, handing the FTC a partial win
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www.reuters.com
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26 days ago
Amazon
A US House committee asks the CEOs of Discord, Steam, Twitch, and Reddit to testify at an October 8 hearing on the “radicalization of online forum users”
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www.reuters.com
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27 days ago
Reddit
Court filings: Tesla has settled two lawsuits over deaths in two separate California crashes in 2019 involving Autopilot; the terms were not disclosed
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www.reuters.com
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27 days ago
Tesla
California
Amazon says it's investing $1B+ to raise pay for US fulfillment and transportation staff, increasing the average total compensation to $30+/hour with benefits
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www.reuters.com
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27 days ago
Amazon
China calls US-China framework deal to move TikTok's US business to American ownership a “win-win”; Trump and Xi are expected to confirm the agreement on Friday
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www.reuters.com
)
27 days ago
Trump
China
U.S.
Singapore-based used car marketplace Carro raised $60M led by Japan sovereign wealth fund Cool Japan Fund to promote Japanese cars in the Asia-Pacific region
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www.reuters.com
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27 days ago
Japan
Asia
Singapore
Online services marketplace Fiverr lays off 30% of its workforce, or about 250 people, as part of a restructuring to become “an AI-first company”
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www.reuters.com
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28 days ago
AI
Disney, Universal, and WBD sue China's MiniMax, alleging that its image- and video-generating service Hailuo AI was built from stolen intellectual property
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www.reuters.com
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28 days ago
China
AI
A study finds that six major AI chatbots can be easily tricked into creating phishing emails targeting elderly people, despite being trained not to
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www.reuters.com
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28 days ago
AI
chatbot
Filing: the SEC settles a lawsuit accusing crypto exchange Gemini of failing to register the Gemini Earn lending program before offering it to retail investors
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www.reuters.com
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28 days ago
Retail
CoreWeave says it has signed a new $6.3B order with Nvidia, which guarantees that Nvidia will purchase any residual cloud capacity not sold to customers
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www.reuters.com
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29 days ago
Nvidia
Malaysia reins in data center expansion amid power and water shortages, hindering Chinese companies that use the region as a backdoor to access US-made AI chips
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www.reuters.com
)
30 days ago
China
AI
Malaysia
China launches probes into alleged US discrimination against Chinese chip companies and suspected dumping of US analog chips used in devices like Wi-Fi routers
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www.reuters.com
)
2025-9-14
China
Filing: Samsung agreed to settle a patent lawsuit over wireless tech with Headwater Research following a $279M jury verdict against Samsung earlier in 2025
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www.reuters.com
)
2025-9-14
Samsung
Lendbuzz, which uses AI to underwrite auto loans, files for a US IPO and reports H1 2025 revenue up 38% YoY to $172.9M and net income up 98.2% YoY to $11.1M
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www.reuters.com
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2025-9-13
IPO
AI
At the Semicon trade show in Taipei, Taiwan promotes diplomatic relations and pitches its tech manufacturing to “create trusted non-red supply chains”
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www.reuters.com
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2025-9-12
Taiwan
Manufacturing
Albania appoints an AI bot named Diella as the minister responsible for managing and awarding all public procurement tenders to combat corruption
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www.reuters.com
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2025-9-12
AI
Encyclopedia Britannica and Merriam-Webster sue Perplexity, alleging that it unlawfully scraped their websites and redirected their traffic to its AI summaries
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www.reuters.com
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2025-9-12
AI
Sources: Winklevoss twins' Gemini has seen its planned US IPO oversubscribed by 20x; in an unusual move, the IPO proceeds will be capped at $425M
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www.reuters.com
)
2025-9-12
IPO
Figure's shares opened up 44% at $44 in its Nasdaq debut, giving it a $7.62B+ market cap, after the company and some of its backers raised $787.5M in its IPO
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www.reuters.com
)
2025-9-12
IPO
GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software
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www.reuters.com
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2025-9-12
Digital banking group NOBA plans to list on Nasdaq Stockholm in Q3 2025, in a deal expected to value the company at around $3.74B
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www.reuters.com
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2025-9-12
US Senator Ted Cruz introduces a bill that would let AI companies apply for exemptions from federal regulations to help them experiment with new technology
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www.reuters.com
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2025-9-11
AI
The EU's General Court sides with Meta and TikTok in their legal dispute with the EC over the DSA's 0.05% supervisory fee, saying the EU's methodology is flawed
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www.reuters.com
)
2025-9-10
Google says it is scrapping multi-cloud data transfer fees for organizations in the EU and the UK ahead of the EU Data Act taking effect on September 12
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www.reuters.com
)
2025-9-10
Google
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