Articles from www.reuters.com

Articles from www.reuters.com

In reports dated August 9, Indian antitrust regulator CCI found that Amazon and Flipkart violated local competition laws by giving preference to select sellers (www.reuters.com)
2024-9-14 India Amazon

Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors (www.reuters.com)
2024-9-14

Filing: 23andMe will pay $30M to settle a lawsuit for failing to protect the privacy of 6.9M customers whose personal info was exposed in a 2023 data breach (www.reuters.com)
2024-9-14

Elon Musk calls Australian government “fascists” after it unveiled a bill to fine online platforms up to 5% of their global revenue for enabling misinformation (www.reuters.com)
2024-9-13 Australia Elon Musk

Mastercard agrees to buy Recorded Future, which uses AI-powered analytics to identify potential threats, from PE firm Insight Partners for $2.65B (www.reuters.com)
2024-9-12 AI

CTIA: Americans used over 100T MB of wireless data in 2023, up 36% YoY, the largest single-year increase; the number of wireless connections rose 6% YoY to 558M (www.reuters.com)
2024-9-11 U.S.

The FBI says that losses from crypto-related frauds increased 45% YoY to $5.6B in 2023, with losses from investment scams accounting for 71% of the total (www.reuters.com)
2024-9-10 FBI

In the first day of the antitrust trial focused on ads, US prosecutors allege Google abused its size to dominate the sector through acquisitions and more (www.reuters.com)
2024-9-10 Google

US charges leaders of white supremacist gang The Terrorgram Collective, which uses Telegram to celebrate attacks on minorities, with trying to incite a race war (www.reuters.com)
2024-9-10

South Korea is hosting a summit in Seoul on September 9-10, seeking to establish a blueprint for the responsible military use of AI; 90+ countries are attending (www.reuters.com)
2024-9-9 Korea AI

Adani Group and Tower Semiconductor plan to invest ~$10B for a chip plant in Maharashtra, India; the plant will have an initial capacity of 40K wafers per month (www.reuters.com)
2024-9-6 India

Sources: Qualcomm has explored acquiring portions of Intel's design business, including Intel's client PC design business, as Intel struggles to generate cash (www.reuters.com)
2024-9-6 Intel

PayPal expands into point-of-sale payments in the US by integrating its debit card with Apple Wallet and offering 5% cash back for some products up to $1K/month (www.reuters.com)
2024-9-5 Apple

A San Francisco federal judge rules that X must face a class action age bias suit by around 150 older workers who were laid off by the company in 2022 (www.reuters.com)
2024-9-5 San Francisco

An adviser to CJEU sides with Italy's antitrust authority that Google's refusal to provide third-party access to Android Auto may breach EU competition rules (www.reuters.com)
2024-9-5 Android Italy Google

C3.ai reports Q1 revenue up 21% YoY to $87.2M, vs. $86.9M est., and subscription revenue up 20% YoY to $73.5M, vs. $79.1M est.; its stock falls 16%+ after hours (www.reuters.com)
2024-9-5 AI

Ireland's DPC ends court proceedings against X after it agreed to limit its use of personal data collected from EU users to train its AI on a permanent basis (www.reuters.com)
2024-9-5 AI Ireland

Safe Superintelligence, co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised $1B from a16z, Sequoia, and others, sources say at a $5B valuation (www.reuters.com)
2024-9-5

Sources: Intel's contract manufacturing business has suffered a setback after tests with chipmaker Broadcom using Intel's advanced 18A chipmaking process failed (www.reuters.com)
2024-9-4 Intel Manufacturing

Nvidia stock fell 9.5% on Tuesday, losing $279B in market value, the biggest single-day drop for a US company, as investors soften their optimism about AI (www.reuters.com)
2024-9-4 AI Nvidia Single Market

Starlink says it's now complying with an order from a Brazilian Supreme Court justice to block access to X in Brazil, after the country froze some of its assets (www.reuters.com)
2024-9-4 Asset Brazil

Sources: Pat Gelsinger aims to present Intel's board ideas to cut capex spending and more, like halting the $32B chip plant project in Germany or selling Altera (www.reuters.com)
2024-9-2 Germany Intel

A look at France's J3 cybercrime unit behind Sky ECC and Encrochat prosecutions, which now leads the case against Telegram's Pavel Durov (www.reuters.com)
2024-9-1 France

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