Category : Reuters - Technology

US raises concerns by Micron, Intel with China as export control meeting set to launch

Technology28 August 2023, 11:03 am 1 minuteBy Reuters News Agency Reuters was first to report U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on chipmakers Intel and Micron...

SoftBank in talks to buy Vision Fund’s 25% stake in Arm 

Reuters exclusively reported that SoftBank Group Corp (9984.T) is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, potentially delivering a win for inve...

Disney creates task force to explore AI and cut costs

Reuters was first to report Disney’s plans to create an internal task force to exploit artificial intelligence technology to cut costs and develop new products even as it battles labor unions who are trying to limit the use of the technology. AI is...

Amazon in talks to become anchor investor in Arm ahead of IPO

Reuters was first to report that Amazon.com is in talks to join other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its initial public offering (IPO). Amazon’s potential involvement in the IPO,...

BYD tells India partner it wants to drop $1 billion EV investment plan

Reuters exclusively reported that China’s BYD (002594.SZ) has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi. The p...

Amazon has drawn thousands to try its AI service competing with Microsoft, Google

Reuters exclusively reported that Amazon.com’s (AMZN.O) cloud division has drawn thousands of customers to try out its service vying with Microsoft (MSFT.O) and Google (GOOGL.O) in a key area of artificial intelligence. The post Amazon has drawn tho...

EU regulators rebuff Meta’s offer to curb use of ad data

Reuters exclusively reported that Meta Platforms (META.O) offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave...

Microsoft hit with EU antitrust complaint by German rival

Reuters exclusively reported that Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday over its bundling of video app Teams into its Office product as the bloc’s regulator prepares to investigate the U...

Insight: Race towards ‘autonomous’ AI agents grips Silicon Valley

Reuters analyzes the new wave of AI helpers with greater autonomy, powered by the latest version of the technology behind ChatGPT and its rivals. The post Insight: Race towards ‘autonomous’ AI agents grips Silicon Valley appeared first o...

Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy

Reuters analyzes chip production. The post Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy appeared first on Reuters News Agency.

Foxconn dumps $19.5 bln Vedanta chip plan in blow to India

Reuters was first to report that Taiwan’s Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi’s chipmaking plans for India. T...

China ends Ant Group’s regulatory revamp with nearly $1 billion fine

Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for Ant Group, ending a years-long regulatory overhaul of the fintech company and marking a key step to concluding a crackdown on the country’s internet sector. An...

PwC Australia ties Google to tax leak scandal

Reuters exclusively revealed that PwC Australia provided Google (GOOGL.O) confidential information about the start date of a new tax law leaked from Australian government tax briefings. The post PwC Australia ties Google to tax leak scandal appeare...