Articles from www.reuters.com

Articles from www.reuters.com

Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 would fall by about 8% to 9%; UBI falls 6%+ (www.reuters.com)
17 days ago

Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year (www.reuters.com)
17 days ago Layoffs Zuckerberg

Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has decided to suspend a general strike (www.reuters.com)
17 days ago Korea Samsung

Internal memo: Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and focus on its key bets (www.reuters.com)
18 days ago

Russia's Sberbank says it hopes to use Chinese chips to power its flagship GigaChat AI model, as sanctions continue to block the country's access to hardware (www.reuters.com)
18 days ago Russia China AI

Trump signs an EO calling on regulators and the Fed to review policies that could support fintech growth, including expanding fintech access to payment accounts (www.reuters.com)
18 days ago Trump Fintech

Epic says Fortnite has returned to Apple's App Store globally, after its US re-launch in 2025, signaling confidence in a favorable outcome in an ongoing lawsuit (www.reuters.com)
19 days ago Apple

Mistral acquires Vienna-based Emmi AI for an undisclosed sum to boost its industrial offerings in Europe; Emmi raised €15M in Austria's largest round in 2025 (www.reuters.com)
19 days ago Europe AI Austria

Arkham: Iran's largest crypto exchange, Nobitex, processed $2.3B+ since 2023 via Tron and BNB Chain, including $23M+ since the Iran war started in February (www.reuters.com)
19 days ago Iran

Sources: Kalshi has probed and flagged 400+ suspicious trades YTD, more than 2x the number it investigated in all of 2025; Polymarket has seen a similar uptick (www.reuters.com)
22 days ago

Sources detail friction between Samsung's memory and logic chip businesses over higher bonuses for memory chip workers, leading many to leave or apply elsewhere (www.reuters.com)
22 days ago Samsung

Sources: SpaceX aims to make its IPO prospectus public by next week, targeting a June 12 listing on Nasdaq, driven by a faster-than-expected SEC review (www.reuters.com)
22 days ago IPO SpaceX

Figma reports Q1 revenue up 46% YoY to $333.4M, vs. $313.2M est., and forecasts Q2 revenue above estimates, citing AI monetization; FIG jumps 8%+ after hours (www.reuters.com)
23 days ago AI

Anthropic and Gates Foundation pledge $200M to use AI in health and education initiatives; the foundation signed a similar, $50M deal with OpenAI in January (www.reuters.com)
23 days ago AI Education

The UK CMA launches an antitrust investigation into Microsoft's business software dominance, focusing on its bundling of Windows, Word, Teams, and other apps (www.reuters.com)
24 days ago Microsoft

Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (www.reuters.com)
24 days ago AI

Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made (www.reuters.com)
24 days ago China Alibaba Tencent Nvidia

Musk v. Altman filing: Sam Altman holds $2B+ in stakes in companies that have done business with OpenAI, including a $1.7B stake in fusion startup Helion Energy (www.reuters.com)
24 days ago Energy Startup

Sources: Microsoft is in discussions to acquire LLM developer Inception; SpaceX also courted Inception, which is looking for a price of over $1B (www.reuters.com)
24 days ago Microsoft SpaceX

LinkedIn says it has “implemented organizational changes”; a source says LinkedIn plans to cut about 5% of its 17,500 full-time workers (www.reuters.com)
24 days ago LinkedIn

The FTC says Shutterstock will pay $35M to settle charges that Shutterstock misled consumers about its subscription plans and made it too difficult to cancel (www.reuters.com)
24 days ago

Apple files an EU submission criticizing draft DMA measures that would require Google to give competing AI services access to Android apps, citing privacy risks (www.reuters.com)
24 days ago Android Google AI Apple

Ofcom fines an unnamed suicide forum £950K, the largest OSA fine so far, for hosting illegal content accessible in the UK; the forum is linked to 130+ deaths (www.reuters.com)
25 days ago

Samsung and its South Korean labor union fail to reach a pay deal; the union has said workers will strike for 18 days from May 21 if its demands are not met (www.reuters.com)
25 days ago Korea Samsung

Meta offers to give rival AI chatbots free access to WhatsApp for a month while it discusses commitments with EU antitrust regulators to address their concerns (www.reuters.com)
25 days ago AI chatbot WhatsApp

The US FCC approves EchoStar's sale of approximately 65MHz of spectrum to SpaceX and 50MHz to AT&T (www.reuters.com)
25 days ago AT&T SpaceX

Isomorphic Labs, an AI-powered drug discovery spinoff from Google DeepMind, raised $2.1B led by Thrive, after raising $600M in its first round in March 2025 (www.reuters.com)
25 days ago Google AI

The US DOD says it is deploying Mythos to find and patch vulnerabilities across the US government even as it plans a transition away from Anthropic (www.reuters.com)
25 days ago

The US Commerce Department removed from its website details about its May 5 agreement with Google, xAI, and Microsoft to test their AI models (www.reuters.com)
26 days ago Google Microsoft AI

Texas AG Ken Paxton sues Netflix for allegedly spying on consumers by collecting their data without consent, and designing its platform to be addictive (www.reuters.com)
26 days ago Netflix Texas

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