Articles from www.reuters.com

Articles from www.reuters.com

OPM Director Scott Kupor earlier this month said DOGE “doesn't exist” and OPM took over many of its functions, eight months before DOGE was set to close (www.reuters.com)
2025-11-24

Foxconn Chair Young Liu says the company will spend $2B to $3B per year in AI in the next three to five years and is discussing potential investments with Japan (www.reuters.com)
2025-11-24 Japan AI

After a delay, Ubisoft reports Q2 net bookings up 39% YoY to €490.8M, above €450M est., and expects Q3 bookings of €305M; Ubisoft resumed trading on November 21 (www.reuters.com)
2025-11-24

IBM and Cisco plan to link quantum computers over long distances and aim to provide a proof-of-concept by 2030, potentially paving the way for quantum internet (www.reuters.com)
2025-11-24 IBM Quantum Cisco

Sources: the White House has put on hold a draft executive order that would seek to preempt state AI laws, following bipartisan backlash (www.reuters.com)
2025-11-24 AI

Italy's competition authority closes its July 2024 probe into Google's alleged unfair practices over users' personal data after Google adopted remedies (www.reuters.com)
2025-11-24 Italy Google

Filing: Meta axed research based on a Nielsen survey in 2020 that found evidence of social media harms, claiming the survey was tainted by the “media narrative” (www.reuters.com)
2025-11-24

Samsung names mobile chief TM Roh as co-CEO and DX division head; Roh was serving as consumer business acting head since April after co-CEO Han Jong-Hee's death (www.reuters.com)
2025-11-21 Mobile Samsung

Australia adds Twitch to teen social media ban; Twitch plans to deactivate accounts for 16-and-under users from Jan. 9 and bar new underage users from Dec. 10 (www.reuters.com)
2025-11-21 Australia Ban

X ends its 2023 lawsuit against law firm Wachtell to recover most of the $90M fee the firm received for defeating Musk's bid to exit his $44B Twitter buyout (www.reuters.com)
2025-11-21 Twitter

The SEC drops its 2023 case against SolarWinds and its CISO Tim Brown, which alleged they concealed vulnerabilities ahead of the Russia-linked 2020 cyberattack (www.reuters.com)
2025-11-21 Russia CISO

A Spanish court orders Meta to pay €479M to 87 Spanish digital media outlets for unfair competition practices and infringement of EU data protection regulations (www.reuters.com)
2025-11-20 Spain

Google opens an AI infrastructure hardware engineering hub in Taipei, its biggest outside of the US, to develop and test tech to be deployed in its data centers (www.reuters.com)
2025-11-20 Google AI

Humain partners with Adobe and Qualcomm to develop AI tools for Arabic content, using Adobe's Firefly Foundry to build AI models and Qualcomm chips to run them (www.reuters.com)
2025-11-20 AI Adobe

Sources: US officials are privately saying they might not levy semiconductor tariffs soon, as the Trump administration takes a more cautious approach with China (www.reuters.com)
2025-11-20 Trump China

Crypto exchange Kraken says it confidentially filed for a US IPO, without revealing any terms; Kraken said it raised $200M at a $20B valuation on November 18 (www.reuters.com)
2025-11-20 IPO

The EU's General Court dismisses Amazon's request to remove its designation as a Very Large Online Platform under the DSA; platforms with 45M+ users qualify (www.reuters.com)
2025-11-19 Amazon

UK online grocer Ocado's stock closed down 17.4% on November 18 after its US partner Kroger said it would close three automated warehouses in January 2026 (www.reuters.com)
2025-11-19

Maxima, whose AI platform automates accounting tasks like reconciliation and journal entry, raised $41M in seed and Series A rounds at a $143M valuation (www.reuters.com)
2025-11-19 AI

Xiaomi reports Q3 revenue up 22.3% YoY to ~$15.9B, below ~$16.4B est., and net profit up 80.9% YoY to ~$1.59B, above ~$1.5B est., driven by AI and EV sales (www.reuters.com)
2025-11-18 AI Xiaomi

GlobalFoundries acquires Advanced Micro Foundry, a Singapore-based silicon photonics foundry, for an undisclosed sum, and plans a new R&D center in Singapore (www.reuters.com)
2025-11-18 Singapore

SCOTUS declines to hear an appeal by Gesture Technology Partners over the right to challenge expired patents, leaving in place a win for Apple, Google, and LG (www.reuters.com)
2025-11-18 Google Apple

Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $140M, including a $100M Series B led by CapitalG (www.reuters.com)
2025-11-18 AI

Sources: Demis Hassabis pursued a Nobel as a DeepMind goal and favored high-minded work over short-term revenue or a stronger AI race position for Alphabet (www.reuters.com)
2025-11-17 AI Alphabet Nobel

A California federal jury says Apple must pay Masimo $634M for infringing a blood-oxygen patent used in Watch workout and heart-rate alerts; Apple will appeal (www.reuters.com)
2025-11-15 Apple California

A Berlin court rules that Google must pay €465M and €107M to German price comparison sites Idealo and Producto, in damages for market abuse; Google will appeal (www.reuters.com)
2025-11-15 Germany Google

Sources: Samsung raised the prices of some memory chips by 30%- 60% compared to September, amid shortages, adding to stress for companies building data centers (www.reuters.com)
2025-11-14 Samsung

Red Queen Bio, spun out of mRNA therapeutics company Helix Nano to focus on preventing AI-enabled bioweapons development, raised a $15M seed led by OpenAI (www.reuters.com)
2025-11-14 AI

The UK CAT refuses Apple permission to appeal a ruling that it abused its dominance by charging unfairly high App Store fees; a lawyer calculates damages at £1B (www.reuters.com)
2025-11-14 Apple

GC AI, which provides in-house corporate legal teams with AI tools for common tasks, raised a $60M Series B led by Scale and Northzone at a $555M valuation (www.reuters.com)
2025-11-13 AI

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