Articles from www.reuters.com

Articles from www.reuters.com

The CCI will review the antitrust case filed by an Indian distributors' federation over alleged deep discounting practices by Zomato, Swiggy, and Zepto (www.reuters.com)
2025-3-8 India

The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first (www.reuters.com)
2025-3-8

Filings: the US DOJ drops a bid to force Google to sell its AI investments to boost search competition but still seeks a court order requiring it to sell Chrome (www.reuters.com)
2025-3-8 Google AI Chrome

CoreWeave denies an FT report that Microsoft withdrew from some of its agreements ahead of CoreWeave's IPO, saying “there have been no contract cancellations” (www.reuters.com)
2025-3-7 Microsoft IPO

Broadcom reports Q1 revenue up 25% YoY to $14.92B, vs. $14.61B est., and forecasts Q2 revenue above estimates; AVGO jumps 8%+ after hours (www.reuters.com)
2025-3-7

Intel defeats a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge (www.reuters.com)
2025-3-6 Intel

Sources: China plans to issue guidance as soon as this month to encourage the use of open-source RISC-V chips nationwide for the first time (www.reuters.com)
2025-3-5 China

Internal email: Amazon has formed a new group focused on agentic AI, led by AWS executive Swami Sivasubramanian, who will report directly to AWS CEO Matt Garman (www.reuters.com)
2025-3-5 Amazon AI

India's IT ministry says AWS plans to invest $8.2B in India's western state of Maharashtra over the next few years, and will deploy its own GPUs in India (www.reuters.com)
2025-3-4 India

Sources: Nvidia and Broadcom are running 18A manufacturing tests with Intel, and AMD is also evaluating whether Intel's 18A process is suitable for its needs (www.reuters.com)
2025-3-4 Intel Manufacturing Nvidia AMD

The UK ICO says it is probing how TikTok uses 13 to 17-year-olds' personal data for content suggestions, and how Reddit and Imgur verify the ages of child users (www.reuters.com)
2025-3-3 Reddit ICO

China mandates regulatory approvals for autonomous driving-related OTA software upgrades, aiming to prevent automakers from hiding defects or avoiding liability (www.reuters.com)
2025-3-1 China

The SEC files to dismiss its 2023 lawsuit against Coinbase that accused the exchange of flouting SEC rules and facilitating trading in unregistered securities (www.reuters.com)
2025-2-28 Coinbase

Dell reports Q4 revenue up 7% YoY to $23.93B, vs. $24.56B est., forecasts FY 2026 adjusted profit above estimates and FY 2026 revenue in line with expectations (www.reuters.com)
2025-2-28 4Q

Document: French prosecutors close Congo's case accusing Apple subsidiaries of using conflict minerals, saying it is “not sufficiently well-founded” (www.reuters.com)
2025-2-28 France Apple

Salesforce reports Q4 revenue up 8% YoY to $9.99B, vs. $10.04B est., and forecasts FY 2026 revenue below estimates; CRM drops 5%+ after hours (www.reuters.com)
2025-2-27 4Q Salesforce CRM

eBay reports Q4 revenue up 1% YoY to $2.6B, GMV up 4% YoY to $19.3B, and forecasts Q1 revenue below expectations; EBAY drops 7%+ after hours (www.reuters.com)
2025-2-27 eBay 4Q

DeepSeek cuts API prices in off-peak times, between 00:30 and 08:30 in Beijing, by 75% for R1 and 50% for V3; the times are during US and Europe daylight hours (www.reuters.com)
2025-2-27 Europe

Alibaba releases Wan 2.1, a family of open-source AI models for generating images and videos, available globally on Alibaba Cloud's ModelScope and HuggingFace (www.reuters.com)
2025-2-26 Alibaba AI

Sources: DeepSeek, which planned to release R2 in May, now wants it out as early as possible; DeepSeek's owner High-Flyer built a ~10K A100 GPU cluster in 2021 (www.reuters.com)
2025-2-26

A US district judge rules Trump Media and Rumble do not need to remove US-based accounts of a top Jair Bolsonaro supporter, despite a Brazilian judge's order (www.reuters.com)
2025-2-26 Trump Brazil

A US judge says Meta must face a potential class action lawsuit claiming it prefers cheaper foreign workers over US citizen job applicants, citing Meta's stats (www.reuters.com)
2025-2-26

Sources: Tencent, Alibaba, ByteDance, and other Chinese companies are ramping up orders for Nvidia's H20 AI chip due to booming demand for DeepSeek's models (www.reuters.com)
2025-2-25 China Alibaba AI Tencent Nvidia

Nasscom expects India's tech sector revenue to grow 5.1% to $282.6B in fiscal 2025, up from 4% growth in 2024, with software exports set to rise 4.6% to $224.4B (www.reuters.com)
2025-2-25 India

CoinGecko: crypto trading volume on India's four largest exchanges more than doubled QoQ to $1.9B in Q4 2024, as many young Indians trade to supplement income (www.reuters.com)
2025-2-25 India 4Q

DoorDash agrees to pay $16.75M to settle a lawsuit by NY's AG accusing it of pocketing customers' tips for delivery drivers between May 2017 and September 2019 (www.reuters.com)
2025-2-25

Zoom Q4: revenue $1.18B, up 3.3% YoY, Enterprise revenue of $706.8M, up 5.9%, net income of $367.9M, up from $298.8M, revenue forecast slightly under estimates (www.reuters.com)
2025-2-25 4Q

Dutch company Bird, which offers tools for enterprises to reach customers over SMS, WhatsApp, and more, says it's exiting the EU, blaming onerous AI regulations (www.reuters.com)
2025-2-25 AI WhatsApp Netherlands

President Trump signs a memorandum to consider retaliatory measures, including tariffs, on countries that impose digital service taxes on US tech companies (www.reuters.com)
2025-2-22 Trump Tax

Sources: US negotiators pressing Ukraine for access to its minerals raised the possibility of cutting the country's access to Starlink if a deal is not reached (www.reuters.com)
2025-2-22 Ukraine

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