Articles from www.reuters.com

Articles from www.reuters.com

SoftBank Group agrees to acquire ABB's robotics business, which generated sales of $2.3B last year, for $5.38B in a deal expected to close in mid-to-late 2026 (www.reuters.com)
2025-10-8 Robot

SCOTUS turns down Google's request to halt key parts of a judge's order requiring Google to make major changes to Play Store in an antitrust case filed by Epic (www.reuters.com)
2025-10-7 Google

Foxconn reports Q3 revenue of ~$67.71B, up 11% YoY, driven by strong demand for AI products; the company's consumer electronics division posted a slight decline (www.reuters.com)
2025-10-6 AI

Indian ministers push domestic alternatives to Google and Microsoft apps amid US tensions; Sensor Tower: Zoho messaging app Arattai hit 400K+ downloads in Sept. (www.reuters.com)
2025-10-4 India Google Microsoft Sensor

Rob Williams, Amazon's VP of device software and services and member of the S-team advising CEO Andy Jassy, will retire and leave Amazon by the end of 2025 (www.reuters.com)
2025-10-4 Amazon

OpenAI asks a US judge to dismiss a lawsuit alleging it hired away xAI employees to steal trade secrets, calling the case part of Musk's “ongoing harassment” (www.reuters.com)
2025-10-3

New York-based DualEntry, which offers AI-powered ERP software, raised a $90M Series A led by Lightspeed and Khosla Ventures, valuing the company at $415M (www.reuters.com)
2025-10-3 AI New York ERP

Source: OpenAI employees sold shares to a consortium of investors including Thrive Capital, SoftBank, Dragoneer, Abu Dhabi's MGX, and T. Rowe Price (www.reuters.com)
2025-10-3

A look at Allen Control Systems, maker of AI-powered gun turrets designed to shoot down drones, co-founded by Steven Simoni, who sold Bbot to DoorDash for $125M (www.reuters.com)
2025-10-2 AI Drone Gun Control

Sources: Yahoo is in advanced talks to sell AOL to Milan-based app developer Bending Spoons for about $1.4B (www.reuters.com)
2025-10-2 Yahoo

T-Mobile expands its Starlink satellite service to support apps such as WhatsApp, Google Maps, and X, after launching it in July with basic features like SMS (www.reuters.com)
2025-10-1 Google Mobile WhatsApp

Sources: Qualcomm adopts Arm's latest v9 architecture for its new generation of PC and phone chips, joining rivals like MediaTek and, analysts believe, Apple (www.reuters.com)
2025-10-1 Apple

AWS and the NBA announce a multi-year partnership to launch new AI-powered features and data insights from games, including an NBA Inside the Game platform (www.reuters.com)
2025-10-1 AI

The FTC sues Zillow and Redfin, alleging they violated antitrust laws when Zillow paid Redfin $100M to stop competing against it in online rental listings (www.reuters.com)
2025-10-1

US chipmaker Wolfspeed's shares close up 29.41% after the company emerged from Chapter 11 bankruptcy and achieved its goal of reducing overall debt by ~70% (www.reuters.com)
2025-10-1

Taiwan's vice premier, who is leading US negotiations, says Taiwan would not agree to a 50-50 split in chip production, adding no such condition was discussed (www.reuters.com)
2025-10-1 Taiwan

Fermi, a data center real estate investment trust co-founded by former US Energy Secretary Rick Perry, raised $682.5M in its US IPO, valuing Fermi at $12.46B (www.reuters.com)
2025-10-1 IPO Energy

A California jury finds Uber not liable for a woman's alleged sexual assault by her driver, in the first trial out of 500+ consolidated lawsuits in the state (www.reuters.com)
2025-10-1 Uber California

Fermi, a data center REIT co-founded by Rick Perry, aims to raise $550M in its IPO at a $13.16B valuation, offering 25M shares priced between $18 and $22 each (www.reuters.com)
2025-9-28 IPO

At an all-hands, AWS CEO Matt Garman criticized staff for slow product rollouts and demonstrated a new agentic AI product for internal testing called Quick (www.reuters.com)
2025-9-27 AI

Swiss microfluidic chip-cooling tech startup Corintis raised a $24M Series A, a source says at a $400M valuation, and announces adding Lip-Bu Tan to its board (www.reuters.com)
2025-9-27 Startup Switzerland

Sources: ByteDance will maintain ownership of TikTok US' revenue-generating business operations such as e-commerce and advertising (www.reuters.com)
2025-9-27

Sources: the US Commerce Department is considering imposing tariffs on foreign electronic devices based on the number of chips they contain (www.reuters.com)
2025-9-27

The robo-advisory market, which includes companies that use AI tools to help investors pick stocks, is expected to grow from $61.75B in 2024 to $470.91B by 2029 (www.reuters.com)
2025-9-26 AI

Canada's anti-money laundering agency fines crypto exchange KuCoin ~$14M for failing to report large and suspicious transactions; KuCoin appeals the decision (www.reuters.com)
2025-9-26 Canada

A US federal judge preliminarily approves Anthropic's $1.5B copyright settlement with authors (www.reuters.com)
2025-9-26

Meta rolls out Vibes, a platform where users can create and share short-form, AI-generated videos, in the Meta AI app and on the meta.ai website (www.reuters.com)
2025-9-26 AI

The EU launches an antitrust probe into SAP over its ERP software maintenance and support services, with a potential fine of ~10% of its annual global sales (www.reuters.com)
2025-9-25 ERP

Source: President Trump will sign the TikTok deal on Thursday (www.reuters.com)
2025-9-25 Trump

The Trump administration proposes an H-1B visa process giving more weight to applications from employers who pay higher wages if visa demand exceeds the 85K cap (www.reuters.com)
2025-9-24 Trump H1B

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