Articles from www.reuters.com

Articles from www.reuters.com

Figma reports Q2 revenue up 48% YoY to $370.1M, vs. $351.6M est., and lifts annual revenue forecast but keeps profit outlook intact; FIG drops 15%+ after hours (www.reuters.com)
24 days ago

Duolingo reports Q2 revenue up 18% YoY to $298.5M, paid subscribers up 17% to 12.7M, below est., forecasts Q3 revenue below est.; DUOL drops 11%+ after hours (www.reuters.com)
24 days ago

DoorDash reports Q2 marketplace gross order value up 36% YoY to $33.08B, vs. $32.08B est., and forecasts Q3 marketplace GOV and adjusted EBITDA above estimates (www.reuters.com)
24 days ago

eBay reports Q2 revenue up 15% YoY to $3.13B, vs. $3.02B est., GMV up 15% to $22.4B, and forecasts Q3 revenue above estimates (www.reuters.com)
24 days ago eBay

Shopify reports Q2 revenue up 34% YoY to $3.6B, above $3.45B est., GMV up 32% YoY to $115.6B, and forecasts Q3 revenue above est.; SHOP jumps 30%+ pre-market (www.reuters.com)
24 days ago Shopify

Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI demand, as enterprises shift from experimentation to deployment (www.reuters.com)
24 days ago Europe AI

Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the US (www.reuters.com)
25 days ago China

Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs (www.reuters.com)
25 days ago China Samsung

SpaceX President Gwynne Shotwell says the company aims to build out ground-based infrastructure to complement its satellite network for “a true mobile service” (www.reuters.com)
25 days ago Mobile SpaceX

A US appeals court overturns a ruling that had temporarily barred Perplexity from using its agentic shopping tools on Amazon's platform (www.reuters.com)
25 days ago Amazon

Anthropic names Mariano-Florentino Cuéllar, an ex-California Supreme Court justice and a special assistant in Obama's WH, as its first global affairs chief (www.reuters.com)
25 days ago California

Sources: the US is preparing to set a price floor and impose tariffs on polysilicon, a material critical to chips, later this month, in a bid to counter China (www.reuters.com)
25 days ago China

New Jersey files an antitrust lawsuit against Amazon, alleging it uses its dominance to impose low pay and poor conditions on independent delivery drivers (www.reuters.com)
25 days ago Amazon

Obsidian Security, which helps companies secure AI agents, raised an $85M Series D at a $1.1B valuation, after raising a $90M Series C in April 2022 (www.reuters.com)
25 days ago AI

Sources: the FCC is drafting a restriction on US imports of new models of Chinese data center optical transceivers, set to take effect upon publication in 2026 (www.reuters.com)
25 days ago China

Bending Spoons agrees to acquire Airtable in an all-cash deal valuing the US software company at $1.285B, set to close by 2026-end, its first post-IPO deal (www.reuters.com)
25 days ago IPO

Filing: Apple asks a US judge for a preliminary injunction barring two former staff and OpenAI from accessing, acquiring, using, or disclosing confidential info (www.reuters.com)
26 days ago Apple

TikTok agrees to settle three more teen social media lawsuits ahead of trial; 2,600 cases with similar claims are pending in California federal court (www.reuters.com)
26 days ago California

China has revised regulations to tighten protection of chip layout designs, including punitive damages for serious infringement, taking effect on October 15 (www.reuters.com)
26 days ago China

India proposes extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, something Apple had lobbied for (www.reuters.com)
26 days ago India Tax Apple

Artificial Analysis: DeepSeek's V4-Flash costs $0.14/1M input and $0.28/1M output tokens, or $0.03 per test, far below Kimi K3's $0.86 and GPT-5.6 Sol's $1.86 (www.reuters.com)
26 days ago

An investigation reveals Dubai-based unlicensed crypto exchange Shelbit has processed at least $4B as part of Iran's sanctions-evasion operation since May 2024 (www.reuters.com)
28 days ago Iran Dubai

The FTC clears quantum computing company IonQ's $1.8B acquisition of chipmaker SkyWater after the FTC's two members disagreed at first on imposing conditions (www.reuters.com)
29 days ago Quantum

Sources: OpenAI has discovered other instances where AI agents escaped containment; none of the agents were thought to have left OpenAI's network (www.reuters.com)
29 days ago AI

Trump says he does not think Iran is behind a cyberattack on Minnesota water systems: “I think I blame it on Minnesota because they're grossly incompetent” (www.reuters.com)
29 days ago Trump Iran

MediaTek says its board has approved a discretionary $5B financing budget to support long-term growth, including its expansion into AI chips for data centers (www.reuters.com)
29 days ago AI Budget

Sources: Eric Trump-backed Space-Eyes, which develops AI-powered defense tech for the public sector, agrees to go public via a SPAC merger at a $638M valuation (www.reuters.com)
29 days ago Trump AI

The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies (www.reuters.com)
29 days ago

New York sues Kalshi for alleged violations of its gambling laws; the CFTC files an emergency motion to stop the state's enforcement, calling it an “overreach” (www.reuters.com)
29 days ago New York CFTC

Papers and patents: Chinese military researchers distilled OpenAI and Anthropic models to train domestic AI systems and advance China's defense capabilities (www.reuters.com)
29 days ago China AI

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