Articles from www.reuters.com

Articles from www.reuters.com

STMicro reports Q2 revenue down 14.4% YoY to $2.77B, with an operating loss of $133M, vs. $56.2M profit est., including $190M in impairment and other costs (www.reuters.com)
8 days ago

The new AI Action Plan, which includes some 90 recommendations, aims to loosen environmental rules and vastly expand AI software and hardware exports to allies (www.reuters.com)
9 days ago AI

The UK CMA proposes giving Apple and Google “strategic market status” in mobile platforms after an investigation and finds “opportunities for more innovation” (www.reuters.com)
9 days ago Google Mobile Apple

xLight, which is developing a new class of laser for EUV machines in partnership with ASML, raised a $40M Series B led by Playground Global (www.reuters.com)
9 days ago

Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts Q3 profit below est.; TXN drops 10%+ after hours (www.reuters.com)
10 days ago Texas

Sources: the EU is set to approve Apple's App Store rule and fee changes, unveiled last month, in the coming weeks, staving off a potentially hefty daily fine (www.reuters.com)
10 days ago Apple

OpenAI and the UK government announce a partnership to explore AI use in justice, defense, security, and edtech, and possibly expand OpenAI's London office (www.reuters.com)
10 days ago AI London

Seattle-based tax compliance software maker Avalara, acquired by Vista Equity Partners in a 2022 deal valuing it at $8.4B, confidentially files for a US IPO (www.reuters.com)
11 days ago IPO Tax Equity Seattle

NXP Q2 revenue fell 6.4% YoY to $2.93B, vs $2.90B est.; revenue from its communication and infrastructure segment fell 27% YoY to $320M in the quarter (www.reuters.com)
11 days ago

Sources: Meta, X, and LinkedIn appeal an unprecedented ~€1.04B VAT claim by Italy, which is seeking €887.6M from Meta, €12.5M from X, and ~€140M from LinkedIn (www.reuters.com)
11 days ago Italy LinkedIn

Figma prices its shares at $25 and $28 each and plans to sell nearly 37M shares to raise up to $1.03B, giving it an up to $16.4B valuation in its NYSE debut (www.reuters.com)
11 days ago

Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal (www.reuters.com)
14 days ago

Microsoft says it will no longer use China-based engineers to provide technical support to the US military, after a ProPublica report raised security concerns (www.reuters.com)
14 days ago China Microsoft

Source: Blackstone has withdrawn from the consortium led by Susquehanna and General Atlantic seeking to invest in TikTok US, after considering a minority stake (www.reuters.com)
14 days ago

The EU issues guidelines to help AI models with systemic risks comply with the AI Act, after criticism from some companies about lack of clarity (www.reuters.com)
14 days ago AI

A Russian lawmaker regulating IT warns WhatsApp to “prepare to leave the Russian market”; Moscow recently approved development of a state-backed messaging app (www.reuters.com)
14 days ago Russia WhatsApp

Meta shareholders suing Mark Zuckerberg and Meta leaders over alleged Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial (www.reuters.com)
14 days ago Zuckerberg

The US House passes the GENIUS Act, sending the stablecoin bill to Trump for his signature, and advances two other crypto bills to the Senate for consideration (www.reuters.com)
15 days ago Trump Senate

A US judge rules that three authors suing Anthropic can bring a class action on behalf of all US writers whose books Anthropic allegedly pirated to train its AI (www.reuters.com)
15 days ago AI

Meta shareholders suing Mark Zuckerberg and Meta leaders over Facebook's Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial (www.reuters.com)
15 days ago Facebook Zuckerberg

The US House clears a key procedural hurdle on cryptocurrency legislation after Trump intervened, setting the stage for likely passage of several crypto bills (www.reuters.com)
16 days ago Trump Cryptocurrency

Sources: Chinese AI startup MiniMax files confidentially for a Hong Kong IPO, targeting a $4B+ valuation and aiming to raise $510M+, set to float by 2025's end (www.reuters.com)
16 days ago China Hong Kong IPO Startup AI

Jensen Huang hailed AI models from DeepSeek, Alibaba, and Tencent as “world class” at a Beijing expo and said US licenses for H20 chips “will come very fast” (www.reuters.com)
16 days ago Alibaba AI Tencent

US Commerce Secretary Howard Lutnick says Nvidia's planned resumption of its H20 AI chip sales to China is part of US negotiations over rare earths and magnets (www.reuters.com)
16 days ago China AI Nvidia

Thinking Machines Lab, Mira Murati's AI startup that launched only in February, raised $2B led by a16z; Nvidia, Accel, ServiceNow, Cisco, and AMD also invested (www.reuters.com)
17 days ago Startup AI Nvidia Cisco AMD

PitchBook: US startup funding surged 75.6% YoY in H1 2025 to $162.8B, the strongest since H1 2021, driven by AI and on track for the second-best year ever (www.reuters.com)
17 days ago Startup AI

Analysis of 10 crypto exchanges: on average they took four days to list $TRUMP, whereas the other top four meme coins since 2022 took 129 days to be listed (www.reuters.com)
18 days ago Trump

The European Commission says France, Spain, Italy, Denmark, and Greece will test an age verification app meant to protect kids online (www.reuters.com)
18 days ago France Europe Italy Greece Spain

The US DOD announces OpenAI, Google, Anthropic, and xAI have won DOD contracts, each with a $200M ceiling, aimed at enabling agentic AI workflows and more (www.reuters.com)
18 days ago Google AI

China approves Synopsys' acquisition of simulation software company Ansys, after the US lifted restrictions on chip design software sales to China (www.reuters.com)
18 days ago China

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