Articles from www.reuters.com

Articles from www.reuters.com

Saudi digital security firm Elm Company agrees to acquire business services firm Thiqah from Saudi Arabia's PIF, which is also Elm's majority owner, for $906M (www.reuters.com)
2025-1-23 Arabia Saudi Arabia

ByteDance launches Doubao-1.5-pro, an upgraded AI model, claiming it outperforms OpenAI's o1 in AIME benchmarks, joining DeepSeek in China's AI reasoning push (www.reuters.com)
2025-1-23 China AI

Filing: OpenAI told an Indian court that it can't delete old training data from local news agency ANI due to legal obligations in the US (www.reuters.com)
2025-1-23 India

Trump revokes a 2023 executive order signed by Biden that sought to reduce the risks that AI poses to consumers, workers, and national security (www.reuters.com)
2025-1-21 Trump AI

The European Commission says Facebook, X, YouTube, and others agreed to an updated code of conduct, first set up in May 2016, over hate speech under the DSA (www.reuters.com)
2025-1-21 Europe Facebook YouTube

Filing: Nasdaq-listed Qorvo reveals activist investor Starboard's 7.7% stake, amid stiff competition and slowing orders for the company's smartphone chips (www.reuters.com)
2025-1-18

The US sanctions a China-based cybersecurity company involved in the Salt Typhoon hacks and a Shanghai-based hacker involved in the recent US Treasury breach (www.reuters.com)
2025-1-18 China Hacker Shanghai

The US Commerce Department adds 25 China-based companies, including Alibaba-backed LLM developer Zhipu AI and chip designer Sophgo, to its restricted trade list (www.reuters.com)
2025-1-16 China Alibaba AI

Source: over 700K new users joined Xiaohongshu, or RedNote, in just two days; Sensor Tower: the app's US downloads were up more than 200% YoY this week (www.reuters.com)
2025-1-16 Sensor

NOYB files complaints against AliExpress, Shein, TikTok, Xiaomi, Temu, and WeChat over claims they are unlawfully sending EU user data to China (www.reuters.com)
2025-1-16 China WeChat Xiaomi

Block agrees to pay $80M to a group of 48 US state financial regulators that say it had insufficient policies for policing money laundering through Cash App (www.reuters.com)
2025-1-16

Aligned Data Centers, which specializes in AI-related infrastructure, raised over $12B, including $5B+ of new primary equity and $7B+ of new debt commitments (www.reuters.com)
2025-1-16 AI Equity

The FTC sues John Deere, alleging it illegally drove up repair costs by making its software repair tool available only to its authorized dealers (www.reuters.com)
2025-1-16

Court filing: Meta says it may have to “roll back or pause” some features in India after a CCI directive banned WhatsApp data sharing with Meta for ad purposes (www.reuters.com)
2025-1-15 India WhatsApp

Apple and Amazon fight off a UK lawsuit filed on behalf of ~36M consumers alleging they colluded to bar most resellers of Apple and Beats products on Amazon (www.reuters.com)
2025-1-15 Amazon Apple

Sygnum, a Switzerland and Singapore-based digital asset bank and crypto trading platform, raised $58M led by Fulgur Ventures at a $1B valuation (www.reuters.com)
2025-1-14 Switzerland Singapore Asset

Docs: Arm was working on a strategy in 2019 to hike prices to boost annual smartphone revenue by ~$1B over 10 years, and has discussed designing its own chips (www.reuters.com)
2025-1-14

Tokyo museum offers visitors 'flashback' to defunct technology (www.reuters.com)
2025-1-14 Tokyo

SCOTUS declines to hear a bid by Meta to avoid a class action by advertisers that accused the company of overcharging by inflating ad reach (www.reuters.com)
2025-1-14

Nvidia criticizes the Biden administration's new chip export rules, saying the regulation would jeopardize current US leadership in AI (www.reuters.com)
2025-1-13 AI Nvidia

The Biden admin says chip orders with collective computation power up to ~1,700 advanced GPUs need no license and don't count against country specific chip caps (www.reuters.com)
2025-1-13

Commerce Secretary Gina Raimondo says TSMC has begun producing advanced 4nm chips “on par in yield and quality with Taiwan” for US customers in Phoenix, Arizona (www.reuters.com)
2025-1-11 Taiwan

A US judge rules that Google must face a class action claiming Google collected users' personal data from their phones after switching off Web & App Activity (www.reuters.com)
2025-1-10 Google

Frank McCourt's Project Liberty says it made a formal bid to ByteDance to buy TikTok's US assets and keep the app alive without its current algorithm (www.reuters.com)
2025-1-10 Algorithm Asset

Israeli cybersecurity startup Wiz names veteran exec Fazal Merchant as president and CFO to prepare for a US IPO; sources: Wiz has annual revenues of ~$500M (www.reuters.com)
2025-1-10 Israel IPO Startup

Taiwan's National Security Bureau says daily average cyberattacks on government departments doubled in 2024 vs. 2023 to 2.4M, mostly from Chinese cyber forces (www.reuters.com)
2025-1-9 China Taiwan

YL Ventures: Israeli cybersecurity firms raised $4B in 2024, up over 100% YoY, across 89 rounds, including 50 seed or early-stage rounds that raised $400M (www.reuters.com)
2025-1-9 Israel

EU rejects Zuckerberg's claim that “Europe has an ever increasing number of laws institutionalising censorship”, saying it only requires illegal content removal (www.reuters.com)
2025-1-9 Europe Zuckerberg

In a first, an EU court fines the EC €400 for breaching its own data protection law by transferring a user's data to the US via a Sign in with Facebook option (www.reuters.com)
2025-1-8 Facebook

Indonesia says Apple can't sell its iPhone 16 in the country yet, despite a deal to build a local production facility, as it hasn't met domestic content rules (www.reuters.com)
2025-1-8 iPhone Apple Indonesia

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