Tag Archives: Reuters

Amazon likely to face investigation under EU tech rules next year

Amazon shares fell 3% after a Reuters exclusive that the online retailer will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace.  The post Amazon likely to face investigation under … Continue reading

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Intel says it has no plans to divest majority stake in Mobileye 

Reuters was first to report on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s shares by over 16%. Mobileye shares, which have dropped 73% this year, took a beating earlier in the month after … Continue reading

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Arm aims to capture 50% of PC market in five years, CEO says 

Reuters exclusively reported that Arm Holdings aims to gain more than 50% of the Windows PC market in five years as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British chip designer’s … Continue reading

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TikTok preparing a US copy of the app’s core algorithm 

Reuters exclusively reported that TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers … Continue reading

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Nvidia cuts China prices in Huawei chip fight 

Reuters exclusively reported that Nvidia’s most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei.  The … Continue reading

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US eyes curbs on China’s access to AI software behind apps like ChatGPT

Reuters exclusively reported that the Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans to place guardrails around the most advanced AI Models, the core software of artificial … Continue reading

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Elon Musk visits China as Tesla seeks self-driving technology rollout

Reuters exclusively reported that Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker’s second-biggest market. The post Elon Musk visits China as Tesla seeks self-driving … Continue reading

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ByteDance prefers TikTok shutdown in US if legal options fail

Reuters exclusively reported that TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S.  The … Continue reading

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Google parent announces first-ever dividend; beats on sales, profit; shares soar

Reuters was first to report on Google-parent Alphabet declaring its first ever quarterly dividend and announcing a massive $70 billion buyback which sent its shares to a record high when markets opened the next day.  The post Google parent announces … Continue reading

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EU’s new tech laws are working – small browsers gain market share

Reuters exclusively reported that Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet’s Google, Microsoft and Apple to make it easier for users to switch to rivals.  … Continue reading

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