Articles from www.reuters.com

Articles from www.reuters.com

SAP will make it easier for customers to switch to rival service providers or end contracts, averting a possible EU antitrust fine after a September 2025 probe (www.reuters.com)
2026-7-10

Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham moves into his role with the title of general counsel (www.reuters.com)
2026-7-10 Coinbase

Internal memo: Meta plans to begin production of its in-house AI chip, codenamed Iris, in September, and aims to boost its computing power to 14GW in 2027 (www.reuters.com)
2026-7-9 AI

India scraps import duties on some parts used to make phones and other devices until March 2029, removing 7.5% and 5% levies, in a move that might help Apple (www.reuters.com)
2026-7-9 India Apple

US cybersecurity and data resilience company Rubrik plans to invest $500M+ in the UK over the next five years and establish its European headquarters in London (www.reuters.com)
2026-7-9 Europe London

Block agrees to pay $45M and offer live customer support for Cash App to settle claims by 46 US states that the company failed to protect users from fraud (www.reuters.com)
2026-7-9

China's Nexchip Semiconductor says it aims to raise around $890.37M in its Hong Kong share sale by offering 216.2M shares at ~$4.12 per share (www.reuters.com)
2026-7-9 China Hong Kong

The EU General Court dismisses Apple's legal challenges against its designation as a DMA “gatekeeper” for its App Store and iOS; Apple filed the case in 2024 (www.reuters.com)
2026-7-8 IOS Apple

Sleep apnea device maker ResMed agrees to sell its software business MatrixCare to PE firm Frazier for $490M in cash; ResMed bought MatrixCare for $750M in 2018 (www.reuters.com)
2026-7-8

Study: 50 test accounts created in Australia on nine platforms were never prompted for age verification despite the Australian law mandating a ban on under-16s (www.reuters.com)
2026-7-7 Australia Ban

Sources: Beijing recently held meetings with Alibaba, ByteDance, Z.ai, and others to discuss restricting overseas access to advanced open and closed AI models (www.reuters.com)
2026-7-7 Alibaba AI

Sources: DeepSeek is in the early stages of developing its own AI chip designed for inference, in a bid to reduce its reliance on Nvidia and Huawei hardware (www.reuters.com)
2026-7-7 AI Nvidia

Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24% (www.reuters.com)
2026-7-7 China Xiaomi

Court filing: Meta says four US states seek $1.4T over claims it designed Facebook and Instagram to addict youth and misled the public; its market cap is ~$1.5T (www.reuters.com)
2026-7-7 Facebook Instagram

Syntiant, which develops low-power AI processors, files for a US IPO, reporting a $20.9M net loss on $64.5M in revenue for the three months ended March 31 (www.reuters.com)
2026-7-7 IPO AI

Samsung estimates Q2 operating profit of ~$58.44B, a 19-fold jump from a year earlier and above a ~$57.02B estimate, and revenue up 129% YoY to ~$111.7B (www.reuters.com)
2026-7-7 Samsung

Sources: CISA's Attack Surface Evaluation team is using Mythos to audit government code repositories and has already uncovered a large number of vulnerabilities (www.reuters.com)
2026-7-7

SCOTUS declines to block a Texas law requiring app stores and developers to verify the age of mobile device users, and for minors to obtain parental consent (www.reuters.com)
2026-7-7 Mobile Texas

Broadcom agrees to expand its Apple partnership through 2031 to develop and supply custom chips; in 2023, the companies announced a multibillion-dollar deal (www.reuters.com)
2026-7-6 Apple

SK Hynix launches a US share sale to raise ~$28B; the company plans to sell 17.79M new shares, with the specific price range expected to be revealed later today (www.reuters.com)
2026-7-6

Filing: GoDaddy challenges a New Delhi court ruling requiring domain sellers to stop offering privacy by default, saying it could expose website owners globally (www.reuters.com)
2026-7-3

India's IT secretary said the country is investigating a data breach at Apple supplier Tata, which exposed files that included photos of iPhone 18 Pro models (www.reuters.com)
2026-7-3 India iPhone Apple

At a town hall, Mark Zuckerberg said Meta's AI agent development has not accelerated as expected and its reorganization was not as “clean” as it could have been (www.reuters.com)
2026-7-3 AI Zuckerberg

Lime's shares closed up 4% in its Nasdaq debut on Wednesday, valuing the company at ~$1.7B, after Lime and existing stockholders raised ~$174M in its US IPO (www.reuters.com)
2026-7-2 IPO

Alibaba and its US payment processor AUS agree to pay $600M to resolve DOJ allegations that they failed to prevent illegal sales of drugs and other products (www.reuters.com)
2026-7-2 Alibaba

Sources: SoftBank has reopened talks for a $10B loan backed by its OpenAI stake and is offering to guarantee repayment if OpenAI collateral proves insufficient (www.reuters.com)
2026-7-2

Oxmiq, which aims to combine GPUs, CPUs, and a tensor engine into a single block of IP that it can license, raised $35M led by Samsung Catalyst Fund and Fudomo (www.reuters.com)
2026-7-2 Samsung

A UN panel co-chaired by Yoshua Bengio warns that AI capabilities are outpacing scientific understanding, the “potential benefits of AI are enormous”, and more (www.reuters.com)
2026-7-1 AI

Almost 1,700 UK investors sue Binance and Changpeng Zhao for at least £150M, alleging Binance sold them risky derivative products without regulatory approval (www.reuters.com)
2026-7-1

Filing: President Trump reports $1.4B+ in income from his family's crypto ventures in 2025, including $500M+ from WLF and $635M from the sale of his $TRUMP coin (www.reuters.com)
2026-7-1 Trump

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