Articles from www.reuters.com

Articles from www.reuters.com

Linear, which makes software development and project planning tools that rival Atlassian's Jira, raised an $82M Series C led by Accel, valuing it at $1.25B (www.reuters.com)
2025-6-11 Atlassian

Ofcom launches nine Online Safety Act investigations, including into 4chan over alleged illegal content and into seven file-sharing services over possible CSAM (www.reuters.com)
2025-6-10

Chinese state media: CEO Ren Zhengfei says Huawei chips lag one generation behind US peers and claims the US “exaggerated Huawei's achievements” (www.reuters.com)
2025-6-10 China

Amazon plans to invest $20B+ in Pennsylvania to expand data center infrastructure, less than a week after announcing it would invest $10B in North Carolina (www.reuters.com)
2025-6-10 Amazon

Sources: Shein and Reliance plan to expand their Indian supplier base from 150 to 1,000 and sell India-made, Shein-branded clothes globally within 12 months (www.reuters.com)
2025-6-9 India

The UK Financial Conduct Authority partners with Nvidia to launch a Supercharged Sandbox for financial companies to test AI tools, starting in October 2025 (www.reuters.com)
2025-6-9 AI Nvidia

Getty's copyright lawsuit against Stability AI begins at London's High Court, accusing it of unlawfully scraping millions of images; Stability denies the claims (www.reuters.com)
2025-6-9 AI London

Boulder, CO-based quantum computing startup Infleqtion raised a $100M Series C and partnered with US government services contractor SAIC to pursue defense deals (www.reuters.com)
2025-6-7 Startup Quantum

Walmart's Flipkart secures a lending license from the RBI, letting the e-commerce company offer loans directly to Indian customers and sellers on its platform (www.reuters.com)
2025-6-7 India Walmart

OpenAI is appealing a court order in the NYT case requiring it to keep ChatGPT outputs indefinitely, saying it conflicts with its privacy commitments to users (www.reuters.com)
2025-6-6

Source: Apple expands its Tata partnership in India by assigning it the iPhone and MacBook after-sales repair business, taking over from Taiwan's Wistron (www.reuters.com)
2025-6-5 India Taiwan iPhone Apple MacBook

Didi reports Q1 revenue up 8.5% YoY to ~$7.4B, a ~$334M net income, up from a ~$194M loss YoY, transactions up 10% YoY to 3.3B, and ~$418M international revenue (www.reuters.com)
2025-6-5

Pan-European consumer group BEUC files a complaint with the EC against Shein over its alleged use of “dark patterns”, after targeting Temu in 2024 (www.reuters.com)
2025-6-5 Europe

Epic v. Apple: a US appeals court rejects Apple's request to pause key parts of a federal judge's order requiring it to open the App Store to more competition (www.reuters.com)
2025-6-5 Apple

Microsoft launches a free cybersecurity program for European governments to boost defenses against AI-enhanced threats, particularly state-sponsored attacks (www.reuters.com)
2025-6-4 Europe Microsoft AI

Brookfield says it plans to invest ~$10B to build an AI data center in the Swedish city of Strangnas, after committing to spend €20B in France earlier in 2025 (www.reuters.com)
2025-6-4 France AI Sweden

Nokia, Nvidia, Safran, and 40+ organizations plan to build an EU-funded unmanned drone project to protect critical infrastructure, set to launch in three years (www.reuters.com)
2025-6-4 Drone Nvidia Nokia

AI coding startups are at risk of being disrupted by Google, Microsoft, and OpenAI; source: Microsoft's GitHub Copilot grew to over $500M in revenue last year (www.reuters.com)
2025-6-4 Google Microsoft Startup AI GitHub

CEO Alex Bouaziz says Deel crossed $1B annual revenue run rate in Q1 2025 and has allocated an M&A budget of between $200M and $500M in 2025 (www.reuters.com)
2025-6-4 Budget

CrowdStrike reports Q1 revenue up 20% YoY to $1.1B, in line with est., forecasts Q2 revenue below est., approves a $1B share buyback; CRWD drops 6%+ after hours (www.reuters.com)
2025-6-4

Israeli startup Zero Networks, which aims to prevent ransomware and other cyberattacks, raised $55M led by Highland Europe, taking its total funding to $100M+ (www.reuters.com)
2025-6-3 Europe Israel Startup

Sensor Tower: daily US users of PDD Holdings' Temu fell by 58% in May; the US closed the “de minimis” loophole on May 2, and Temu then slashed its ad spending (www.reuters.com)
2025-6-3 Sensor

Aerones, which makes robots that can service wind turbines in about half the time of humans, raised $62M led by Activate Capital and S2G Investments (www.reuters.com)
2025-6-3 Robot

Microsoft, Google, CrowdStrike, and Palo Alto plan a public glossary of state-sponsored hacking groups to ease confusion over the spread of unofficial aliases (www.reuters.com)
2025-6-3 Google Microsoft

UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, a £60.5M pre-tax profit, up from £13.9M in FY 2024, deposits up 48% YoY to £16.6B, and 12M+ users (www.reuters.com)
2025-6-2 Tax

Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024 (www.reuters.com)
2025-5-31

Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts (www.reuters.com)
2025-5-30 China

The US Department of Energy says its Doudna supercomputer, due in 2026, will use Nvidia's latest Vera Rubin chips built into liquid-cooled servers by Dell (www.reuters.com)
2025-5-30 Energy Nvidia

Marvell reports Q1 revenue up 63% YoY to $1.9B, vs. $1.88B est., data center revenue up 76% YoY to $1.44B, and forecasts Q2 revenue above est. on AI chip demand (www.reuters.com)
2025-5-30 AI

Filing: the US SEC voluntarily dismissed its 2023 lawsuit against Binance and CZ that accused them of diverting customer funds, misleading investors, and more (www.reuters.com)
2025-5-30

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