Articles from www.reuters.com

Articles from www.reuters.com

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

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

Sources: Amazon's revamped “Remarkable” Alexa, due for release in October, will be powered by Anthropic's Claude, with plans to charge users $5 to $10/month (www.reuters.com)
2024-8-30 Amazon

Indian quick grocery delivery startup Zepto raises $340M at a $5B valuation, up from $3.6B in June 2024, in a round led by General Catalyst (www.reuters.com)
2024-8-30 India Startup

A US district judge dismisses, with prejudice, a lawsuit accusing Elon Musk and Tesla of defrauding investors by hyping Dogecoin and conducting insider trading (www.reuters.com)
2024-8-30 Tesla Elon Musk

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