Articles from www.reuters.com

Articles from www.reuters.com

California's AG declines to join Elon Musk's lawsuit against OpenAI, saying the office did not see how Musk's action serves the state's public interest (www.reuters.com)
2025-4-16 Elon Musk California

Sources: chip industry executives told US officials and lawmakers that Trump's new tariffs could cost US semiconductor equipment makers more than $1B a year (www.reuters.com)
2025-4-16 Trump

Figma confidentially files for a US IPO; the company was valued at $12.5B in a May 2024 tender offer (www.reuters.com)
2025-4-16 IPO

Chinese state media: police in Harbin accuse the NSA of launching “advanced” cyberattacks during the Asian Winter Games in February 2025 and name three agents (www.reuters.com)
2025-4-15 China

South Korea increases assistance to semiconductor industry by ~25% to $23.25B amid US tariffs, competition with China; the sector represents 21% of its exports (www.reuters.com)
2025-4-15 China Korea

Data center operator Applied Digital reports Q3 revenue up 22% YoY to $53M, vs. $63M est., as clients delay renewing their leases; APLD drops 13%+ after hours (www.reuters.com)
2025-4-15

The Trump administration begins a probe into imports of semiconductors on national security grounds, as part of a bid to impose tariffs on the sector (www.reuters.com)
2025-4-15 Trump

Autonomous trucking startup Kodiak Robotics says it plans to go public in the US via blank-check company Ares Acquisition Corp II, valuing Kodiak at $2.5B (www.reuters.com)
2025-4-15 Startup Robot

Intel says it will sell a 51% stake in Altera to Silver Lake, valuing the programmable chip unit at $8.7B; Intel bought Altera for $15B in 2015 (www.reuters.com)
2025-4-14 Intel Silver

President Trump told reporters he would announce the tariff rate on imported semiconductors over the next week, giving some flexibility to certain companies (www.reuters.com)
2025-4-14 Trump

Source: Alphabet and Nvidia are among investors backing Safe Superintelligence; Google Cloud announced on April 9 that SSI is using its TPUs for AI research (www.reuters.com)
2025-4-12 Google AI Nvidia Alphabet

SmartScout: China-based electronics accessories maker Anker has raised prices by ~18% on a fifth of its products on Amazon, as US starts applying new tariffs (www.reuters.com)
2025-4-12 China Amazon

China's retail giants launch initiatives to help Chinese exporters pivot to the domestic market in response to the US trade war; JD.com launched a $27B fund (www.reuters.com)
2025-4-12 China Retail

The cybersecurity industry is mostly quiet after Trump canceled SentinelOne's security clearances for hiring Chris Krebs; SentinelOne says it will cooperate (www.reuters.com)
2025-4-11 Trump

nEye Systems, which is developing data center chips that use light to send data, raised a $58M Series B led by CapitalG, bringing its total funding to $72.5M (www.reuters.com)
2025-4-11

Google says it will give a 71% discount to US federal agencies for Workspace, as it looks to capitalize on the Trump administration's cost-cutting push (www.reuters.com)
2025-4-11 Trump Google

Analysis: Intel CEO Lip-Bu Tan and his VC firms invested in 600+ Chinese tech companies including 8+ with military ties; a source says he divested the positions (www.reuters.com)
2025-4-10 China Intel

Sources: Apple chartered cargo flights to ferry 600 tons of iPhones, or up to 1.5M units, to the US from India; a source says Apple “wanted to beat the tariff” (www.reuters.com)
2025-4-10 India Apple

OpenAI countersues Elon Musk, claiming harassment and asking a federal judge to stop Musk from any further attacks in a case over OpenAI's future structure (www.reuters.com)
2025-4-10 Elon Musk

Sources: Italy is seeking €1.2B from fintech group ION following a probe by prosecutors in Bologna into alleged tax evasion over the 2013-2023 period (www.reuters.com)
2025-4-10 Italy Tax Fintech

At an NRCC event, President Trump says he told TSMC it would pay a tax of up to 100% if it didn't build its US plants; in March, TSMC said it would invest $100B (www.reuters.com)
2025-4-9 Trump Tax

Call transcript: Luxshare Chair Wang Laichun says the iPhone and AirPods maker is in talks with customers to move production from China, including to the US (www.reuters.com)
2025-4-9 China iPhone

Sources: TSMC could face a $1B+ penalty to settle a US export control investigation over a chip it made that ended up inside Huawei's Ascend 910B chip (www.reuters.com)
2025-4-9

Sources: a16z seeks to raise a $20B megafund for growth-stage investments in AI companies; global LPs see it as a way to invest in US firms without restrictions (www.reuters.com)
2025-4-9 AI

Sources: Micron has told US customers that it plans to impose a surcharge on some products like SSDs from April 9 to account for President Trump's tariffs (www.reuters.com)
2025-4-8 Trump

Sources: US officials say DOGE is using AI to surveil at least one federal agency's communications for anti-Trump sentiment; a source says DOGE is using Signal (www.reuters.com)
2025-4-8 Trump AI

Memo: the White House orders federal agencies to name chief AI officers and expand the use of AI, rescinding Biden-era orders intended to place AI safeguards (www.reuters.com)
2025-4-8 AI

Rescale, which develops engineering software to help simulate complex physical systems, raised a $115M Series D, bringing its total funding to over $260M (www.reuters.com)
2025-4-8

Broadcom announces a share buyback program of up to $10B, set to run through the end of the year; AVGO jumps 3%+ after hours, after closing up 5.37% on Monday (www.reuters.com)
2025-4-8

Infineon agrees to acquire Marvell's Automotive Ethernet business for ~$2.5B in cash; the unit is expected to generate revenue of $225M to $250M in FY 2026 (www.reuters.com)
2025-4-8

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