Articles from www.reuters.com

Articles from www.reuters.com

Walmart's Flipkart secures a lending license from the RBI, letting the e-commerce company offer loans directly to Indian customers and sellers on its platform (www.reuters.com)
27 days ago India Walmart

OpenAI is appealing a court order in the NYT case requiring it to keep ChatGPT outputs indefinitely, saying it conflicts with its privacy commitments to users (www.reuters.com)
28 days ago

Source: Apple expands its Tata partnership in India by assigning it the iPhone and MacBook after-sales repair business, taking over from Taiwan's Wistron (www.reuters.com)
29 days ago India Taiwan iPhone Apple MacBook

Didi reports Q1 revenue up 8.5% YoY to ~$7.4B, a ~$334M net income, up from a ~$194M loss YoY, transactions up 10% YoY to 3.3B, and ~$418M international revenue (www.reuters.com)
29 days ago

Pan-European consumer group BEUC files a complaint with the EC against Shein over its alleged use of “dark patterns”, after targeting Temu in 2024 (www.reuters.com)
29 days ago Europe

Epic v. Apple: a US appeals court rejects Apple's request to pause key parts of a federal judge's order requiring it to open the App Store to more competition (www.reuters.com)
29 days ago Apple

Microsoft launches a free cybersecurity program for European governments to boost defenses against AI-enhanced threats, particularly state-sponsored attacks (www.reuters.com)
30 days ago Europe Microsoft AI

Brookfield says it plans to invest ~$10B to build an AI data center in the Swedish city of Strangnas, after committing to spend €20B in France earlier in 2025 (www.reuters.com)
30 days ago France AI Sweden

Nokia, Nvidia, Safran, and 40+ organizations plan to build an EU-funded unmanned drone project to protect critical infrastructure, set to launch in three years (www.reuters.com)
30 days ago Drone Nvidia Nokia

AI coding startups are at risk of being disrupted by Google, Microsoft, and OpenAI; source: Microsoft's GitHub Copilot grew to over $500M in revenue last year (www.reuters.com)
30 days ago Google Microsoft Startup AI GitHub

CEO Alex Bouaziz says Deel crossed $1B annual revenue run rate in Q1 2025 and has allocated an M&A budget of between $200M and $500M in 2025 (www.reuters.com)
30 days ago Budget

CrowdStrike reports Q1 revenue up 20% YoY to $1.1B, in line with est., forecasts Q2 revenue below est., approves a $1B share buyback; CRWD drops 6%+ after hours (www.reuters.com)
30 days ago

Israeli startup Zero Networks, which aims to prevent ransomware and other cyberattacks, raised $55M led by Highland Europe, taking its total funding to $100M+ (www.reuters.com)
2025-6-3 Europe Israel Startup

Sensor Tower: daily US users of PDD Holdings' Temu fell by 58% in May; the US closed the “de minimis” loophole on May 2, and Temu then slashed its ad spending (www.reuters.com)
2025-6-3 Sensor

Aerones, which makes robots that can service wind turbines in about half the time of humans, raised $62M led by Activate Capital and S2G Investments (www.reuters.com)
2025-6-3 Robot

Microsoft, Google, CrowdStrike, and Palo Alto plan a public glossary of state-sponsored hacking groups to ease confusion over the spread of unofficial aliases (www.reuters.com)
2025-6-3 Google Microsoft

UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, a £60.5M pre-tax profit, up from £13.9M in FY 2024, deposits up 48% YoY to £16.6B, and 12M+ users (www.reuters.com)
2025-6-2 Tax

Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024 (www.reuters.com)
2025-5-31

Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts (www.reuters.com)
2025-5-30 China

The US Department of Energy says its Doudna supercomputer, due in 2026, will use Nvidia's latest Vera Rubin chips built into liquid-cooled servers by Dell (www.reuters.com)
2025-5-30 Energy Nvidia

Marvell reports Q1 revenue up 63% YoY to $1.9B, vs. $1.88B est., data center revenue up 76% YoY to $1.44B, and forecasts Q2 revenue above est. on AI chip demand (www.reuters.com)
2025-5-30 AI

Filing: the US SEC voluntarily dismissed its 2023 lawsuit against Binance and CZ that accused them of diverting customer funds, misleading investors, and more (www.reuters.com)
2025-5-30

Grammarly raised $1B in non-dilutive funding from General Catalyst to expand its AI tools; 2005-founded Grammarly has $700M+ in annual revenue and is profitable (www.reuters.com)
2025-5-30 AI

Chalk, which lets enterprises input proprietary data into AI and ML models quickly for inference, raised a $50M Series A led by Felicis at a $500M valuation (www.reuters.com)
2025-5-29 AI

Salesforce reports Q1 revenue up 8% YoY to $9.83B, vs. $9.75B est., and raises its FY 2026 revenue forecast to between $41B and $41.3B (www.reuters.com)
2025-5-29 Salesforce

Marco Rubio says the US will impose visa bans on foreign nationals “who censor Americans” and calls arrest warrants for social media posts “unacceptable” (www.reuters.com)
2025-5-29 U.S.

Amazon and Stellantis say their deal, announced in 2022, to create in-car software and bring Fire TV to in-car entertainment systems, is “winding down” (www.reuters.com)
2025-5-29 Amazon

Sources: Shein is shifting its IPO plans from London to Hong Kong after failing to secure approval from Chinese regulators, and aims to file in the coming weeks (www.reuters.com)
2025-5-28 China Hong Kong IPO London

Global Payments says it will sell its Heartland Payroll Solutions unit, which has 50K+ clients, to Michigan-based fintech Acrisure for $1.1B, closing in H2 2025 (www.reuters.com)
2025-5-28 Fintech

Indian documents and emails: CCTV makers clashed with Indian regulators over rules requiring government labs to assess hardware, software, and source code (www.reuters.com)
2025-5-28 India

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