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Articles from www.reuters.com
Articles from www.reuters.com
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Articles from
www.reuters.com
The US DOJ charges two arrested Chinese nationals for allegedly orchestrating a crypto pig butchering scam that laundered at least $73M from defrauded victims
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www.reuters.com
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4 hours ago
China
Sources: Tesla plans to keep its Chinese FSD training data in the country, a shift from a previous strategy of seeking approval to move data out of China
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www.reuters.com
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23 hours ago
China
Tesla
OpenAI and Reddit partner to bring Reddit content to ChatGPT and more via Reddit's Data API, bring new AI tools to Reddit, and make OpenAI a Reddit ad partner
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www.reuters.com
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1 day ago
AI
Reddit
Vercel, which develops the Next.js framework, raised a $250M Series E led by Accel at a $3.25B valuation, and says it recently exceeded $100M in annual revenue
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www.reuters.com
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1 day ago
Sources: Neuralink's disclosure last week that tiny wires inside its first patient's brain had pulled out of position is an issue it has known about for years
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www.reuters.com
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2 days ago
A US federal court orders Elon Musk to testify again in an SEC investigation into his $44B Twitter takeover; the SEC sued Musk in October 2023 to testify
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www.reuters.com
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2 days ago
Twitter
Elon Musk
Sources and documents: Chinese chipmaker CXMT and others are in the early stages of making high bandwidth memory chips, a major step in China's chip plans
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www.reuters.com
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2 days ago
China
Huawei is revamping its retail strategy and aggressively opening flagship stores in China, opening four such stores between December 2023 and February 2024
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www.reuters.com
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3 days ago
China
Retail
El Salvador has mined 473.5 bitcoins worth ~$29M since 2021 thanks to a volcano-fueled geothermal power plant, bringing its total bitcoin portfolio to ~$354M
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www.reuters.com
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3 days ago
Bitcoin
YouTube says it will comply with a Hong Kong court order to block 32 video links, after the government sought to ban the Glory to Hong Kong protest anthem
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www.reuters.com
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3 days ago
Hong Kong
YouTube
Ban
UN sanctions monitors: North Korea laundered $147.5M of crypto through Tornado Cash in March after stealing it late last year from HTX crypto exchange
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www.reuters.com
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3 days ago
Korea
Google announces Trillium, its new Google Cloud TPU that has 4.7 times better computing performance compared with the TPU v5e and is 67% more energy efficient
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www.reuters.com
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3 days ago
Google
Energy
TSMC plans to start building its first European facility in Q4 2024, ahead of production in 2027; TSMC unveiled plans for an $11B factory in Germany last August
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www.reuters.com
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3 days ago
Germany
Europe
4Q
The US NHTSA opens an investigation into Alphabet's Waymo, covering an estimated 444 vehicles and following 22 reports of 22 incidents, including 17 collisions
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www.reuters.com
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3 days ago
Alphabet
The US orders Chinese-linked crypto mining company MineOne to sell property it bought near an Air Force base in Wyoming, citing national security risk
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www.reuters.com
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4 days ago
China
Squarespace says private equity firm Permira plans to take the company private in a $6.9B all-cash deal, or $44 per share, a 15.2% premium on Friday's close
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www.reuters.com
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4 days ago
Equity
Sources: Shein steps up preparations for a London listing amid regulatory hurdles for a New York IPO; source: Shein plans to file in London as soon as May
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www.reuters.com
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5 days ago
IPO
New York
London
Brad Smith says Microsoft will invest €4B in France, much of the investment would focus on AI, and Microsoft would set up a data center in Mulhouse, France
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www.reuters.com
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5 days ago
France
Microsoft
AI
South Korea's Finance Minister Choi Sang-mok says the government is preparing a $7.3B+ support package for chip investments to win the “war” in the chip sector
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www.reuters.com
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6 days ago
Korea
Sources: OpenAI plans to announce its AI-powered search product on May 13
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www.reuters.com
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8 days ago
AI
Roblox reports Q1 revenue up 22% YoY to $801M, bookings up 19% YoY to $923M, DAUs up 17% YoY to 77.7M, and cuts its full-year bookings forecast; RBLX drops 30%
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www.reuters.com
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8 days ago
Bumble reports Q1 revenue up 10.2% YoY to $267.8M, vs. $265.5M est., total paying users of ~4M, up from 3.5M a year ago, and expects Q2 revenue below estimates
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www.reuters.com
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9 days ago
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate
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www.reuters.com
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9 days ago
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37%, and forecasts FY 2025 revenue below expectations
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www.reuters.com
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9 days ago
4Q
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving
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www.reuters.com
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9 days ago
Tesla
Sources: the US Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models to China
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www.reuters.com
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9 days ago
China
AI
Data collaboration software maker Atlan raised a $105M Series C led by Singapore's GIC and Meritech at a $750M valuation, taking its total funding to $206M
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www.reuters.com
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9 days ago
Singapore
Analysis: Asia Pacific data center deals, which have totaled $840.47M in 2024, or 50%+ of the global total so far, are set to surpass 2023's $3.45B record high
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www.reuters.com
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9 days ago
Asia
iRobot appoints Gary Cohen as its new CEO after Colin Angle resigned in January 2024 and forecasts 2024 revenue with a midpoint of $837.5M, vs. $829.8M expected
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www.reuters.com
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10 days ago
Twilio reports Q1 revenue up 4% YoY to $1.05B vs. $1.03B est., 313K+ active customer accounts, and forecasts Q2 revenue below est.; TWLO drops 5%+ after hours
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www.reuters.com
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10 days ago
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