Articles from www.reuters.com

Articles from www.reuters.com

Intel says it has no plans to sell its majority stake in Mobileye; the self-driving tech company's stock, which is down 73% in 2024, jumps 13%+ (www.reuters.com)
2024-9-20 Intel

The EU's top court says Booking.com's restrictions on hotels offering lower rates on their websites or on rival sites are unnecessary and may reduce competition (www.reuters.com)
2024-9-19

Alibaba releases 100+ open-source models from its Qwen 2.5 family, its LLM released in May 2024, ranging from 0.5B to 72B parameters, and text-to-video AI tech (www.reuters.com)
2024-9-19 Alibaba AI

A UN advisory body makes seven recommendations for governing AI, including establishing a panel to provide impartial and reliable scientific knowledge about AI (www.reuters.com)
2024-9-19 AI

EU regulators say Microsoft's acquihire of Inflection's team will not be scrutinized under EU merger rules, after seven EU countries dropped their requests (www.reuters.com)
2024-9-19 Microsoft

Sources: Google tried to end an EU antitrust probe by offering to sell its ad marketplace AdX, or Ad Exchange, but European publishers rejected the proposal (www.reuters.com)
2024-9-19 Europe Google

The US plans to host the first meeting of the International Network of AI Safety Institutes in San Francisco on November 20 and 21 (www.reuters.com)
2024-9-18 AI San Francisco

The EU's General Court backs Google's challenge against the EU's €1.49B antitrust fine, imposed in 2019 for hindering rivals in online search ads (www.reuters.com)
2024-9-18 Google

Prager Metis, a former auditor for FTX, pays a $1.95M fine to settle two US SEC cases, including for alleged negligence in auditing the cryptocurrency exchange (www.reuters.com)
2024-9-18 Cryptocurrency

Sources: the US is urging Vietnam to avoid cable-laying firm HMN Technologies and other Chinese companies in Vietnam's plans for 10 new subsea cables by 2030 (www.reuters.com)
2024-9-18 China Vietnam

Neuralink says Blindsight, its experimental implant aimed at restoring vision, has received the US FDA's “breakthrough device” designation (www.reuters.com)
2024-9-18

EssilorLuxottica and Meta agree a 10-year deal to continue developing smart eyewear, after creating two generations of Ray-Ban glasses since 2019 (www.reuters.com)
2024-9-17 Ban

A look at France's LOPMI law, enacted in January 2023 to criminalize tech executives whose platforms allow illegal activities, as Pavel Durov remains on bail (www.reuters.com)
2024-9-17 France

A US federal jury finds Zynga infringed on two IBM patents related to web-based communications and orders the game maker to pay $44.9M; Zynga plans to appeal (www.reuters.com)
2024-9-17 IBM

Sources: in 2022, Intel lost out to AMD and TSMC on a contract to design and fabricate Sony's PS6 chip, a significant blow to its contract manufacturing unit (www.reuters.com)
2024-9-16 Intel Manufacturing Sony AMD

EU Commissioner Thierry Breton, who oversees Big Tech regulation, says he is stepping down over a rift with Commission President Ursula von der Leyen (www.reuters.com)
2024-9-16

Regulatory reports: India's CCI accuses Samsung, Xiaomi, and other smartphone makers of collusion for exclusively launching products on Amazon and Flipkart (www.reuters.com)
2024-9-15 India Amazon Samsung Xiaomi

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

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