Articles from www.reuters.com

Articles from www.reuters.com

Meta says its Llama models were downloaded ~350M times, are used by AT&T and other companies, and usage via cloud providers more than doubled from May to July (www.reuters.com)
2024-8-30 AT&T

French media: Pavel Durov's lawyer says it is “absurd to think that the head of a social network could be involved in criminal acts that do not concern him” (www.reuters.com)
2024-8-29 France

Chinese state media: a Chinese official says the government has invested $6.12B+ in a nationwide project to build computing data centers over the past years (www.reuters.com)
2024-8-29 China

California's State Assembly passes the AI safety bill SB 1047, which now goes back to the Senate for a process vote before requiring Governor Newsom's signature (www.reuters.com)
2024-8-29 AI California Senate

CrowdStrike reports Q2 revenue up 32% YoY to $963.9M, vs. $958.6M est., and cuts its FY 2025 revenue and profit forecasts, after last month's Windows outage (www.reuters.com)
2024-8-29

A US court rules TikTok must face a lawsuit over a 10-year-old's death and the “blackout challenge”, saying algorithmic curation isn't protected by Section 230 (www.reuters.com)
2024-8-29

Self-driving truck company TuSimple, which delisted from Nasdaq in January, reaches a $189M settlement of a suit alleging fraud by overstating safety and more (www.reuters.com)
2024-8-28

Sources: ex-Intel board member Lip-Bu Tan, an industry veteran, left over what he considered a bloated workforce, risk-averse culture, and lagging AI strategy (www.reuters.com)
2024-8-28 Intel AI

OpenAI supports CA bill AB 3211 to require companies generating AI content to add watermarks; the bill passed in the state Assembly 62-0 and heads to Senate (www.reuters.com)
2024-8-27 AI Senate

Reports: Telegram CEO Pavel Durov was arrested at the Bourget airport outside Paris on Saturday evening, after being targeted by an arrest warrant in France (www.reuters.com)
2024-8-25 France Paris

A look at China's humanoids market, after the city of Beijing launched a $1.4B robotics fund in January and Shanghai announced in July plans for a $1.4B fund (www.reuters.com)
2024-8-24 China Robot Shanghai

Docs: state-linked Chinese entities are using cloud services from AWS or its rivals to access advanced US chips and AI models they cannot acquire otherwise (www.reuters.com)
2024-8-23 China AI

An appeals court revived Washington, DC's antitrust lawsuit against Amazon, saying it plausibly claimed Amazon's pricing policies illegally stifle competition (www.reuters.com)
2024-8-23 Amazon

The NHTSA closes a preliminary probe into Cruise's hard-braking and immobilization issues in 1,194 autonomous ride-hailing vehicles, after Cruise made updates (www.reuters.com)
2024-8-22

Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options (www.reuters.com)
2024-8-22

Baidu reports Q2 revenue flat YoY to ~$4.67B, vs. ~$4.7B est., net income down 8% YoY to ~$1B, vs. ~$900M est., online marketing revenue down 2% YoY to ~$2.7B (www.reuters.com)
2024-8-22

The FCC says Lingo Telecom agreed to pay a $1M fine after the agency said Lingo transmitted fake robocalls imitating President Joe Biden in New Hampshire (www.reuters.com)
2024-8-22

Snowflake reports Q2 revenue up 29% YoY to $868.8M and raises its FY 2025 product revenue forecast, but not its margin forecast; SNOW drops 7%+ after hours (www.reuters.com)
2024-8-22

A look at Rockbridge, a Silicon Valley-backed right-wing donor group co-founded by JD Vance to influence US politics; docs and sources: its 2024 budget is ~$75M (www.reuters.com)
2024-8-21 Budget

A US district judge in Texas strikes down the FTC's ban on worker noncompete agreements, due to start September 4, after her temporary block of the rule in July (www.reuters.com)
2024-8-21 Ban Texas

A US appeals court revives a class action suit by Google Chrome users who say Google collected personal info even if Chrome was not synced with a Google account (www.reuters.com)
2024-8-21 Google Chrome

Writers and journalists Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson sue Anthropic, saying it misused books of theirs and others to train Claude (www.reuters.com)
2024-8-21

The UK CMA accepts Meta's changes to its ad rules to ensure Marketplace advertisers' data is not used to improve Marketplace, without having to opt in or out (www.reuters.com)
2024-8-20

Stephen Chamberlain, who faced the same charges as Mike Lynch over Autonomy's sale, died after a road accident, per his lawyer, days before Lynch went missing (www.reuters.com)
2024-8-20

Palo Alto Networks reports Q4 revenue up 12% YoY to $2.2B, vs. $2.16B est., FY 2025 revenue guidance above est., and increases its share buyback by $500M to $1B (www.reuters.com)
2024-8-20 4Q

South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+ and Sapeon's shareholders include SK Telecom and SK Hynix (www.reuters.com)
2024-8-18 Korea AI

Court filing: TikTok says DOJ misstated its ties to China, made factual errors in the case, and the divestment law would strip TikTok of its free speech rights (www.reuters.com)
2024-8-16 China

At a Crypto4Harris online event, Mark Cuban, Anthony Scaramucci, and other crypto advocates supporting Kamala Harris urged a reset in Democratic crypto policy (www.reuters.com)
2024-8-16

Google expands AI Overviews in Search to Brazil, India, Indonesia, Japan, Mexico, and the UK in local languages, and adds hyperlinks to the feature (www.reuters.com)
2024-8-15 Japan Mexico India Google AI Indonesia Brazil

JD.com reports Q2 net revenue up 1.2% YoY to ~$40.7B, vs. ~$40.9B est., and a ~$1.7B net income, boosted by aggressive price cuts and the 618 shopping event (www.reuters.com)
2024-8-15

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