Articles from www.reuters.com

Articles from www.reuters.com

Document: to avoid an EU fine, Google offered to tweak its search results to show vertical search engines in their own box on Search (www.reuters.com)
16 days ago Google

AG Pam Bondi says Meta complied with the DOJ's request to take down a Facebook Page that the agency said was being used to harass ICE agents in Chicago (www.reuters.com)
16 days ago Facebook

Sources: Renesas is exploring a sale of its unit that supplies timing components for data centers and 5G networks, in a deal that could value the unit at $2B (www.reuters.com)
16 days ago 5G

Goldman Sachs agrees to acquire multi-stage investment firm Industry Ventures, which has $7B AUM, for $665M in cash and equity plus $300M tied to performance (www.reuters.com)
17 days ago Goldman Equity

Data integration startup Fivetran and data management startup dbt Labs announce a merger in an all-stock deal; Fivetran CEO will be CEO of the combined company (www.reuters.com)
17 days ago Startup

Ofcom fines 4chan £20K under the OSA for failing to provide information on the risk of illegal content; a UK minister says the government “fully backed” Ofcom (www.reuters.com)
18 days ago

Warburg Pincus agrees to acquire German industrial software company PSI for over €700M, offering €45 per share; PSI's stock closed at €33.20 on October 10 (www.reuters.com)
18 days ago Germany

Taiwan says it expects no significant impact from China's new export controls on rare earth minerals, as it uses different rare earths in chip manufacturing (www.reuters.com)
18 days ago China Taiwan Manufacturing

Ten major banks including Bank of America, Goldman Sachs, Deutsche Bank, and UBS announce an early-stage project to explore issuing stablecoins to G7 currencies (www.reuters.com)
20 days ago U.S. Goldman

FCC Chair Brendan Carr says major US online retailers have removed several million listings for prohibited Chinese electronics as part of the agency's crackdown (www.reuters.com)
20 days ago China

Filing: corporate travel and expense management software maker Navan plans to raise up to $960M in a US IPO and is targeting a valuation of up to $6.45B (www.reuters.com)
20 days ago IPO

A federal jury finds that Samsung owes Collision Communications nearly $445.5M in damages for infringing on patents related to 4G, 5G, and Wi-Fi standards (www.reuters.com)
20 days ago Samsung 5G

A new simulation from the European Central Bank shows that the digital euro could trigger a deposit outflow of up to €700B during a run on commercial banks (www.reuters.com)
21 days ago Europe

Google is the first company to be designated with special status in the UK under new digital laws; the designation does not introduce any immediate requirements (www.reuters.com)
21 days ago Google

The US NHTSA opens a probe into 2.88M FSD-enabled Tesla vehicles over 50+ reports of traffic-safety violations like running red lights and a series of crashes (www.reuters.com)
21 days ago Tesla

Sources: Disney has opted out of having its IP appear in OpenAI's Sora app; CAA says OpenAI is exposing artists to “significant risk” with Sora (www.reuters.com)
21 days ago

TSMC reports Q3 revenue up 30% YoY to ~$32.5B, beating estimates, driven by AI chip demand; TSMC's Taipei-listed shares have gained 34% so far this year (www.reuters.com)
22 days ago AI

Crypto exchange Gemini launches an Australian arm, Gemini Intergalactic Australia, to offer its services in the country after registering with regulator AUSTRAC (www.reuters.com)
22 days ago Australia

New York City sues Meta, Alphabet, Snap, and ByteDance, accusing them of fueling a mental health crisis among children by addicting them to social media (www.reuters.com)
22 days ago New York Alphabet

Sources: data streaming software maker Confluent is exploring a sale after attracting acquisition interest from PE firms and tech companies; CFLT jumps 9%+ (www.reuters.com)
22 days ago

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)
23 days ago 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)
24 days ago 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)
25 days ago 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)
27 days ago 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)
27 days ago 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)
28 days ago

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)
28 days ago 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)
28 days ago

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)
29 days ago 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)
29 days ago Yahoo

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