Articles from www.reuters.com

Articles from www.reuters.com

Chegg plans to cut 388 roles, or about 45% of the workforce, citing the “new realities of AI”, and says executive chairman Dan Rosensweig returns as CEO (www.reuters.com)
2025-10-28 AI

NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020 (www.reuters.com)
2025-10-28 Google Energy

Sources: SAP is considering a new bid for software company BlackLine, after its previous offer of $66 per share, or nearly $4.5B, was rejected in June (www.reuters.com)
2025-10-28

Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring (www.reuters.com)
2025-10-28 Amazon Layoffs

The US forms a $1B partnership with AMD to construct two supercomputers, Lux and Discovery, accelerating research in fusion energy, drug development, and more (www.reuters.com)
2025-10-28 Energy AMD

Papers, patents, and tenders show China's military is integrating DeepSeek and Qwen models in weapons like AI-powered drones, and continues to use Nvidia chips (www.reuters.com)
2025-10-27 China AI Drone Nvidia

Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options (www.reuters.com)
2025-10-27 Australia Microsoft AI

Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token (www.reuters.com)
2025-10-26 Cryptocurrency

Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers (www.reuters.com)
2025-10-25 China Xiaomi

Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom (www.reuters.com)
2025-10-25 Japan AI

Lindo St. Angel, VP of hardware at Amazon's Lab126 R&D unit since 2010, plans to leave on October 31; he helped develop the Echo, Astro robot, and Fire tablet (www.reuters.com)
2025-10-25 Amazon Robot

Oreo maker Mondelez has spent $40M+ on an AI tool, developed with Publicis and Accenture, to cut costs for the production of marketing content by 30% to 50% (www.reuters.com)
2025-10-25 AI

Grindr board members Ray Zage and James Lu, part of an investor group that owns more than 60%, offer to take Grindr private for ~$3.46B; GRND closes up 18.63% (www.reuters.com)
2025-10-25

IBM says it was able to run a key quantum computing algorithm in real-time on commonly available field programmable gate array chips made by AMD (www.reuters.com)
2025-10-24 IBM Algorithm Quantum AMD

UK prosecutors say the ringleader of a 2024 arson attack on Ukraine-linked businesses in London discussed kidnapping Revolut's Russia-born CEO Nikolay Storonsky (www.reuters.com)
2025-10-24 Russia Ukraine London

The UK's Competition Appeal Tribunal rules against Apple in a lawsuit accusing it of abusing its dominant position by charging a 30% App Store commission (www.reuters.com)
2025-10-24 Apple

Cyprus's financial regulator grants a crypto license to Revolut, allowing the startup to offer crypto services across the EU under new regulations (www.reuters.com)
2025-10-24 Startup

Alibaba launches a free consumer-focused AI chatbot in its Quark app, powered by Qwen 3, and plans to open pre-sales for its $660 Quark AI Glasses on October 24 (www.reuters.com)
2025-10-23 Alibaba AI chatbot

OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ and set to open in 2028, as part of Stargate (www.reuters.com)
2025-10-23 Oracle

Sources: Nexperia's China unit has resumed chip sales to local distributors, with transactions now settled in yuan instead of foreign currencies such as the USD (www.reuters.com)
2025-10-23 China Forex

Sources: Trump administration is considering barring exports of products made with US software to China in response to the country's rare earth restrictions (www.reuters.com)
2025-10-23 Trump China

Baidu and Swiss Post's PostBus plan to launch Baidu's Apollo Go autonomous vehicle service in Switzerland, testing in December ahead of rollout by Q1 2027 (www.reuters.com)
2025-10-22 Switzerland Autonomous Car

EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems (www.reuters.com)
2025-10-22 AI

A UN pact to fight cybercrime is set to be signed by dozens of countries in Hanoi; tech companies and activists warn the pact may criminalize ethical hacking (www.reuters.com)
2025-10-22

Meta forms a JV with Blue Owl to fund the $27B, 2GW Hyperion data center in Louisiana, its largest ever private capital deal; Meta will retain a ~20% equity (www.reuters.com)
2025-10-22 Equity

Texas Instruments reports Q3 revenue up 14% YoY to $4.74B, vs. $4.64B est., and forecasts Q4 revenue and profit below estimates; TXN drops 6%+ after hours (www.reuters.com)
2025-10-22 4Q Texas

Sources: Chinese DRAM chipmaker CXMT plans a Shanghai IPO as soon as Q1 2026, targeting an up to ~$42B valuation and aiming to raise between ~$2.8B and ~$5.6B (www.reuters.com)
2025-10-21 China IPO Shanghai

Evernorth, a digital asset treasury backed by Ripple, says it will list on the Nasdaq through a merger with a blank check company and expects to raise $1B+ (www.reuters.com)
2025-10-21 Asset

A lawyer says 55 Chinese iPhone and iPad users filed an antitrust complaint in China alleging Apple abuses its market dominance by restricting app distribution (www.reuters.com)
2025-10-20 China iPhone Apple iPad

Nexperia's China unit asserts its operational independence and compliance with Chinese laws amid escalating tensions with Nexperia Netherlands (www.reuters.com)
2025-10-19 China Netherlands

Previous Page Next Page