Articles from www.reuters.com

Articles from www.reuters.com

Sources: repair demand in China for Nvidia's banned AI chips, including H100 and A100, surges as ~12 firms now repair chips that made their way into the country (www.reuters.com)
28 days ago China AI Nvidia

Intel plans to cut its workforce from 96,400 that it reported at the end of June to 75,000, or about 15%, through attrition and “other means” by the end of 2025 (www.reuters.com)
28 days ago Intel

The EU says it will investigate whether KKR provided incorrect or misleading information in its €22B acquisition of Telecom Italia's fixed-line network (www.reuters.com)
28 days ago

A US judge dismisses a lawsuit accusing Intel of defrauding shareholders by hiding problems in its foundry unit, news of which led to a $32B one-day stock fall (www.reuters.com)
28 days ago Intel

Sources and a document: China aims to build a national network to sell surplus computing power and address an oversupply caused by a three-year data center boom (www.reuters.com)
28 days ago China

Microsoft says the “Storm-2603” group is now deploying ransomware via vulnerable SharePoint server versions, as the estimated number of victims hits 400+ (www.reuters.com)
28 days ago Microsoft

STMicro reports Q2 revenue down 14.4% YoY to $2.77B, with an operating loss of $133M, vs. $56.2M profit est., including $190M in impairment and other costs (www.reuters.com)
28 days ago

The new AI Action Plan, which includes some 90 recommendations, aims to loosen environmental rules and vastly expand AI software and hardware exports to allies (www.reuters.com)
29 days ago AI

The UK CMA proposes giving Apple and Google “strategic market status” in mobile platforms after an investigation and finds “opportunities for more innovation” (www.reuters.com)
29 days ago Google Mobile Apple

xLight, which is developing a new class of laser for EUV machines in partnership with ASML, raised a $40M Series B led by Playground Global (www.reuters.com)
30 days ago

Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts Q3 profit below est.; TXN drops 10%+ after hours (www.reuters.com)
30 days ago Texas

Sources: the EU is set to approve Apple's App Store rule and fee changes, unveiled last month, in the coming weeks, staving off a potentially hefty daily fine (www.reuters.com)
30 days ago Apple

OpenAI and the UK government announce a partnership to explore AI use in justice, defense, security, and edtech, and possibly expand OpenAI's London office (www.reuters.com)
2025-7-22 AI London

Seattle-based tax compliance software maker Avalara, acquired by Vista Equity Partners in a 2022 deal valuing it at $8.4B, confidentially files for a US IPO (www.reuters.com)
2025-7-22 IPO Tax Equity Seattle

NXP Q2 revenue fell 6.4% YoY to $2.93B, vs $2.90B est.; revenue from its communication and infrastructure segment fell 27% YoY to $320M in the quarter (www.reuters.com)
2025-7-22

Sources: Meta, X, and LinkedIn appeal an unprecedented ~€1.04B VAT claim by Italy, which is seeking €887.6M from Meta, €12.5M from X, and ~€140M from LinkedIn (www.reuters.com)
2025-7-22 Italy LinkedIn

Figma prices its shares at $25 and $28 each and plans to sell nearly 37M shares to raise up to $1.03B, giving it an up to $16.4B valuation in its NYSE debut (www.reuters.com)
2025-7-21

Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal (www.reuters.com)
2025-7-19

Microsoft says it will no longer use China-based engineers to provide technical support to the US military, after a ProPublica report raised security concerns (www.reuters.com)
2025-7-19 China Microsoft

Source: Blackstone has withdrawn from the consortium led by Susquehanna and General Atlantic seeking to invest in TikTok US, after considering a minority stake (www.reuters.com)
2025-7-19

The EU issues guidelines to help AI models with systemic risks comply with the AI Act, after criticism from some companies about lack of clarity (www.reuters.com)
2025-7-18 AI

A Russian lawmaker regulating IT warns WhatsApp to “prepare to leave the Russian market”; Moscow recently approved development of a state-backed messaging app (www.reuters.com)
2025-7-18 Russia WhatsApp

Meta shareholders suing Mark Zuckerberg and Meta leaders over alleged Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial (www.reuters.com)
2025-7-18 Zuckerberg

The US House passes the GENIUS Act, sending the stablecoin bill to Trump for his signature, and advances two other crypto bills to the Senate for consideration (www.reuters.com)
2025-7-18 Trump Senate

A US judge rules that three authors suing Anthropic can bring a class action on behalf of all US writers whose books Anthropic allegedly pirated to train its AI (www.reuters.com)
2025-7-18 AI

Meta shareholders suing Mark Zuckerberg and Meta leaders over Facebook's Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial (www.reuters.com)
2025-7-17 Facebook Zuckerberg

The US House clears a key procedural hurdle on cryptocurrency legislation after Trump intervened, setting the stage for likely passage of several crypto bills (www.reuters.com)
2025-7-17 Trump Cryptocurrency

Sources: Chinese AI startup MiniMax files confidentially for a Hong Kong IPO, targeting a $4B+ valuation and aiming to raise $510M+, set to float by 2025's end (www.reuters.com)
2025-7-16 China Hong Kong IPO Startup AI

Jensen Huang hailed AI models from DeepSeek, Alibaba, and Tencent as “world class” at a Beijing expo and said US licenses for H20 chips “will come very fast” (www.reuters.com)
2025-7-16 Alibaba AI Tencent

US Commerce Secretary Howard Lutnick says Nvidia's planned resumption of its H20 AI chip sales to China is part of US negotiations over rare earths and magnets (www.reuters.com)
2025-7-16 China AI Nvidia

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