Articles from www.reuters.com

Articles from www.reuters.com

Bumble reports Q1 revenue down 7.7% YoY to $247.1M, in line with $246.2M est., with Bumble app paying users falling ~1% YoY to 2.7M; BMBL jumps ~7% after hours (www.reuters.com)
2025-5-8

TPG and Corpay agree to acquire Charlotte, NC-based AvidXchange, a payment automation software provider, for $2.2B, with Corpay investing ~$500M for a 33% stake (www.reuters.com)
2025-5-8

Alibaba partners with RedNote, also known as Xiaohongshu, to allow users on RedNote to directly click on product links to shop on Alibaba's Taobao platform (www.reuters.com)
2025-5-8 Alibaba

A US court rejects a legal challenge by the FTC to Microsoft's $69B Activision Blizzard acquisition, upholding a lower court ruling that denied an injunction (www.reuters.com)
2025-5-8 Microsoft

AWS says it plans to invest $4B to build its first data centers and cloud infrastructure in Chile, set to open in H2 2026, and will try to use minimal water (www.reuters.com)
2025-5-8 Chile

Sensor Tower: Shein's ad spend rose 35% MoM in France and the UK in April, while Temu's jumped 40% MoM and 20% MoM respectively, amid Trump's de minimis ban (www.reuters.com)
2025-5-6 Trump France Ban Sensor

TeleMessage's parent company says it is “investigating a potential security incident” and has suspended all of its services “out of an abundance of caution” (www.reuters.com)
2025-5-6

Tel Aviv-based eToro Group says it's targeting a $4B valuation in a Nasdaq IPO, aiming to raise $500M, after pausing plans last month amid market volatility (www.reuters.com)
2025-5-6 IPO

The US DOD transfers its AI-based Open Price Exploration for National Security program to nonprofit Critical Minerals Forum to boost Western supply deals (www.reuters.com)
2025-5-3 AI

Kuwait cracks down on crypto miners for being a “major” cause of blackouts; energy consumption in the Al-Wafrah region fell by 55% after the crackdown (www.reuters.com)
2025-5-2 Energy

Memo: the US DOD seeks to secure right-to-repair provisions in Army contracts to access tools, software, and technical data without IP constraints (www.reuters.com)
2025-5-2

London's Court of Appeal rules Apple must pay Optis $502M as a lump sum for using Optis' 4G patents from 2013 to 2027, overturning a 2023 High Court decision (www.reuters.com)
2025-5-1 Apple London

Sources: Adani Group pauses talks with Israel's Tower Semiconductor on a $10B chip project in Maharashtra, India, due to uncertainty over potential demand (www.reuters.com)
2025-5-1 India Israel

eBay reports Q1 revenue up 1% YoY to $2.59B vs. $2.55B est., forecasts Q2 revenue above est.; CFO Steve Priest to step down in May, with Peggy Alford succeeding (www.reuters.com)
2025-5-1 eBay

Amazon says it will spend $4B+ to expand its US rural delivery network by the end of 2026, growing the network to 200+ delivery stations and creating 100K jobs (www.reuters.com)
2025-5-1 Amazon

Microsoft's Q3 capex rose 52.9% YoY to $21.4B, vs. $22.4B est.; Microsoft reiterated this month that it would spend $80B on its data center build-out this year (www.reuters.com)
2025-5-1 Microsoft

Grab reports Q1 revenue up 18% YoY to $773M, vs. $762.6M est., deliveries revenue up 18% YoY to $415M, and mobility revenue of $282M, as spending remains strong (www.reuters.com)
2025-4-30

Samsung reports Q1 revenue up 10% YoY to ~$55.4B, operating profit up 1.2% YoY to ~$4.68B, and chip division operating profit down 42% YoY to ~$770M (www.reuters.com)
2025-4-30 Samsung

Sources: Trump officials are considering removing a Biden-era rule that divides the world into tiers that help determine how many AI chips a country can obtain (www.reuters.com)
2025-4-30 Trump AI

In a first for the country, France blames Russia's GRU for a string of local cyber attacks, including on ministries, defense firms, and think tanks (www.reuters.com)
2025-4-30 Russia France

Amazon launches 27 satellites for its Project Kuiper broadband internet program, the first batch of 3,236 satellites it plans to send into low-Earth orbit (www.reuters.com)
2025-4-29 Amazon

Autodesk adds Jeff Epstein and Christie Simons to its board and settles the proxy fight with Starboard Value, which has criticized Autodesk for underperformance (www.reuters.com)
2025-4-26

Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves (www.reuters.com)
2025-4-26 Bitcoin Switzerland

Intel reports Q1 revenue flat YoY at $12.67B, vs. $12.3B est., forecasts Q2 revenue below est., and reduces its 2025 capex target (www.reuters.com)
2025-4-26 Intel

The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC (www.reuters.com)
2025-4-26

Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models (www.reuters.com)
2025-4-26 Google Adobe

Three European scientific funding agencies have put research programs with China on hold since 2021 due to concerns over the country's Data Security Law (www.reuters.com)
2025-4-26 China Europe

STMicro reports Q1 revenue down 27.3% YoY to $2.52B, below its $2.51B guidance, and projects Q2 revenue down 16.2% YoY to $2.71B, excluding any tariff changes (www.reuters.com)
2025-4-24

The White House says that fines on Apple and Meta by the EU are a “novel form of economic extortion” that the United States will not tolerate (www.reuters.com)
2025-4-24 Apple

New Jersey sues RealPage, accusing the property management software company and 10 of the state's largest landlords of conspiring to drive up residential rents (www.reuters.com)
2025-4-24

Previous Page Next Page