Articles from www.reuters.com

Articles from www.reuters.com

CapitaLand: Asia Pacific's colocation data center market is expected to grow to $52.2B by 2026, up from $25.5B in 2022, driven by demand for AI-based services (www.reuters.com)
2024-12-8 Asia AI

A White House official says that the US believes China-linked Salt Typhoon hackers targeted and recorded the phone calls of “very senior” US political figures (www.reuters.com)
2024-12-8 China

The CFPB issues an order establishing supervisory authority over Google Payment; Google says it's challenging the decision in court (www.reuters.com)
2024-12-7 Google

Sources: Ubisoft shareholders are considering how to structure a possible buyout of the game maker without reducing the founding Guillemot family's control (www.reuters.com)
2024-12-7

The FCC proposes rules for carriers to submit an annual certification attesting they have a plan to protect against cyberattacks, after the Salt Typhoon hack (www.reuters.com)
2024-12-6

Sources: TSMC is in discussions with Nvidia to make its Blackwell AI chips at TSMC's new Arizona plant starting in early 2025, expanding on Taiwan production (www.reuters.com)
2024-12-5 Taiwan AI Nvidia

Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December (www.reuters.com)
2024-12-5

Bengaluru-based Swiggy reports Q2 revenue of ~$425M and a $74M loss in its first post-IPO earnings, and expects to post positive core earnings by December 2025 (www.reuters.com)
2024-12-5 IPO

Intel interim co-CEO David Zinsner maintains Intel's financial forecast and says he expects the next CEO to have some capability around both foundry and product (www.reuters.com)
2024-12-5 Intel

Four Chinese state-backed industry groups, representing most of China's chip demand, urge members to drop US chips, calling them “no longer safe or reliable” (www.reuters.com)
2024-12-5 China

Netflix says Netflix Japan passed 10M+ subscribers in H1 2024 and has doubled its user base in the past four years thanks to Japanese-language programming (www.reuters.com)
2024-12-5 Japan Netflix programming

Chinese AI company SenseTime says it completed a major organizational restructuring to focus on generative AI, shifting from computer vision and surveillance (www.reuters.com)
2024-12-4 China AI

Meta is seeking proposals from nuclear power developers, as it plans to add 1 to 4 gigawatts of new US nuclear generation capacity starting in the early 2030s (www.reuters.com)
2024-12-4

Celsius Network founder Alex Mashinsky agreed in a US court to plead guilty to commodities fraud and a fraudulent scheme to manipulate the price of CEL (www.reuters.com)
2024-12-4 Commodity

Sources: Intel starts shortlisting a handful of CEO candidates, including former board member Lip-Bu Tan, who left in August 2024 after clashing with Gelsinger (www.reuters.com)
2024-12-4 Intel

Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast (www.reuters.com)
2024-12-3

Baidu receives a license to test its Apollo Go robotaxi service in Hong Kong, Baidu's first known permit for autonomous vehicle testing outside mainland China (www.reuters.com)
2024-12-1 China Hong Kong Autonomous Car

Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and core delivery business up 20.2% YoY to $9.57B (www.reuters.com)
2024-11-29 China

Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B (www.reuters.com)
2024-11-29 IPO Dubai

Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more (www.reuters.com)
2024-11-29 Google Canada

India's competition watchdog launches a probe into Google's restrictive policies for real-money games on Android, following a complaint by gaming app WinZO (www.reuters.com)
2024-11-29 Android India Google

Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity (www.reuters.com)
2024-11-28 Intel

Foxconn Chair Young Liu says the company expects any impact of Trump's new tariffs to hit it less than its rivals, citing its global manufacturing footprint (www.reuters.com)
2024-11-28 Trump Manufacturing

Analysis: Elon Musk posted about Trump's cabinet picks 70+ times from November 7 to 20 to promote his preferred candidates; Trump picked others in several cases (www.reuters.com)
2024-11-28 Trump Elon Musk

Samsung names Young Hyun Jun as its co-CEO as well as head of its memory chip business and appoints Jinman Han as the company president and foundry unit head (www.reuters.com)
2024-11-27 Samsung

The FCC approves a license for SpaceX and T-Mobile to use Starlink to offer supplemental coverage from space in a bid to extend internet access to remote areas (www.reuters.com)
2024-11-27 Mobile SpaceX

Google proposes Search tweaks in Europe to comply with the DMA, including removing the map showing hotel locations and results in Germany, Belgium, and Estonia (www.reuters.com)
2024-11-26 Germany Europe Google Belgium

A government source says Japan's FTC raided Amazon Japan on November 26 suspecting it's inappropriately urging its sellers to lower their prices on its platform (www.reuters.com)
2024-11-26 Japan Amazon

Brazil's antitrust regulator says Apple must allow app developers to link to external payment methods and to offer other in-app payment processing options (www.reuters.com)
2024-11-26 Apple Brazil

A US judge sets an April 14 trial date for an FTC lawsuit, filed in 2020, alleging that Meta's acquisitions of Instagram and WhatsApp violated antitrust laws (www.reuters.com)
2024-11-26 Instagram WhatsApp

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