Articles from www.reuters.com

Articles from www.reuters.com

Bumble reports Q4 revenue down 4.4% YoY to $261.6M, Bumble app paying users up 5% to 2.8M, and forecasts Q1 revenue below estimates; BMBL drops 13%+ after hours (www.reuters.com)
2025-2-19 4Q

Bain Capital says it will not launch a tender offer for Fuji Soft, after KKR raised its offer earlier this month for the Japanese IT company, valued at over $4B (www.reuters.com)
2025-2-18 Japan

South Korea's data protection authority says new app downloads of DeepSeek have been suspended in the country after DeepSeek failed to follow its privacy rules (www.reuters.com)
2025-2-17 Korea

Tencent is testing DeepSeek for search in its messaging app Weixin, while Baidu plans to fully connect its search engine to DeepSeek and its own LLM Ernie (www.reuters.com)
2025-2-17 Tencent

Filing: Nvidia cut its Arm stake by 43.8% to 1.1M shares in Q4, valuing its remaining stake at ~$181M as of Feb. 13, and discloses a position in China's WeRide (www.reuters.com)
2025-2-15 China 4Q Nvidia

Sources: China's President Xi will chair a symposium on February 17 to boost private sector sentiment, with Tencent CEO Pony Ma and other tech execs attending (www.reuters.com)
2025-2-15 China Tencent

Sources: the White House plans to renegotiate some Chips Act awards after reassessing requirements, and has signaled delays to some upcoming disbursements (www.reuters.com)
2025-2-14

Baidu says it plans to make its next-generation AI model, Ernie 4.5, open-source starting June 30, marking a major shift in strategy as competition heats up (www.reuters.com)
2025-2-14 AI

Sources: Arm is recruiting executives from its own customers in a push to sell its own chips, and is competing against Qualcomm to sell data center CPUs to Meta (www.reuters.com)
2025-2-14

Germany's Bundeskartellamt charges Apple with abusing its market power via App Tracking Transparency, giving itself preferential treatment, and requires changes (www.reuters.com)
2025-2-14 Germany Apple

Baidu says it will make its AI chatbot Ernie free starting April 1 to all users on both desktop and mobile platforms, citing improved tech and reduced costs (www.reuters.com)
2025-2-13 Mobile AI chatbot

Sources: Bain Capital, Advent International, and EQT AB are among the PE firms competing to acquire Trend Micro, which has a market value of about $8.54B (www.reuters.com)
2025-2-13

Trump nominates Apple exec Jonathan Morrison to the NHTSA; Morrison was NHTSA chief counsel in Trump's first term and informed Tesla of inaccurate safety claims (www.reuters.com)
2025-2-13 Trump Apple Tesla

Riyadh-based BNPL startup Tabby raised a $160M Series E led by Blue Pool Capital at a $3.3B valuation; CEO Hosam Arab expects an IPO within 18 months (www.reuters.com)
2025-2-12 IPO Startup

US chip startup Groq says it has secured a $1.5B commitment from Saudi Arabia to expand the delivery of its AI chips to the country over the course of this year (www.reuters.com)
2025-2-12 Startup AI Arabia Saudi Arabia

Reno, Nevada-based Positron, which sells AI chips intended for inference and manufactured in Arizona, raised a $23.5M seed from Flume, Valor Equity, and others (www.reuters.com)
2025-2-12 AI Equity

DoorDash reports Q4 revenue up 25% YoY to $2.87B, vs. $2.84B est., total orders up 19% YoY to 685M, and plans to buy back shares worth up to $5B in FY 2025 (www.reuters.com)
2025-2-12 4Q

Filing: Binance and the US SEC have jointly asked a judge to stay the regulator's lawsuit against the crypto exchange for 60 days, citing Trump admin changes (www.reuters.com)
2025-2-12 Trump

SMIC reports Q4 profit down 38% YoY to $107.6M, below $193.5 est., revenue up 32% YoY to $2.2B, above $2.18B est., and $7.33B capex in 2024, vs. $4.5B in 2021 (www.reuters.com)
2025-2-12 4Q

Boston-based QuEra Computing, which is developing neutral-atom quantum computing to help scale systems, raised $230M+ from Google's Quantum AI unit and others (www.reuters.com)
2025-2-12 Google AI Quantum

Paris AI summit: US VP JD Vance warns the EU that excessive AI regulation could strangle the tech and rejects content moderation as “authoritarian censorship” (www.reuters.com)
2025-2-11 AI Paris

Sources: OpenAI is finalizing its first in-house chip design in the next few months, to cut its Nvidia reliance, and plans to send it for fabrication at TSMC (www.reuters.com)
2025-2-11 Nvidia

TrendForce: China's share of global mature node manufacturing capacity in 2024 was 34%, vs. Taiwan's 43%; China's share is forecasted to exceed Taiwan's by 2027 (www.reuters.com)
2025-2-10 China Taiwan Manufacturing

SolarWinds says it will go private in a $4.4B deal with buyout firm Turn/River Capital (www.reuters.com)
2025-2-8

A German court rules that X must provide researchers access to data for tracking misinformation and disinformation ahead of Germany's national election (www.reuters.com)
2025-2-8 Germany

Sources: Ilya Sutskever's Safe Superintelligence is in talks to raise funding at a valuation of $20B+, up from a $5B valuation from its September funding round (www.reuters.com)
2025-2-8

Paris prosecutors open a probe into X over alleged algorithmic distortions, after an MP's complaint that X was using biased algorithms (www.reuters.com)
2025-2-8 Algorithm Paris

Cerebras says it worked with Mistral to help its Le Chat app respond to user questions with 1,000 words per second, making it the world's fastest AI assistant (www.reuters.com)
2025-2-7 AI

Take-Two reports Q3 net bookings up 3% YoY to $1.37B, vs. $1.39B est., and reiterates GTA VI is set to launch in the fall of 2025; TTWO jumps 6%+ after hours (www.reuters.com)
2025-2-7

Trump's de minimis cancellation is likely to hit Shein harder than online dollar-store Temu, which has shifted to an Amazon-like bulk overseas shipment strategy (www.reuters.com)
2025-2-7 Trump Amazon

Previous Page Next Page