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Tag Archives: Reuters
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
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
EU’s Vestager warns about Apple, Meta fees, disparaging rival products
Reuters exclusively reported on EU antitrust chief Margrethe Vestager warning that new fees for Apple and Meta Platforms services could hinder users from enjoying the benefits of the Digital Markets Act. The post EU’s Vestager warns about Apple, Meta fees, … Continue reading
TSMC considering advanced chip packaging capacity in Japan
Reuters exclusively reported that Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry. The post TSMC considering advanced chip packaging capacity in Japan appeared … Continue reading
Google steps up Microsoft criticism, warns of rival’s monopoly in cloud
Reuters exclusively reported that Alphabet’s Google Cloud ramped up its criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. The post Google steps … Continue reading
Broadcom nears $3.8 bln sale of remote access unit to KKR
Reuters exclusively reported that chipmaker Broadcom was nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR. The post Broadcom nears $3.8 bln sale of … Continue reading
Nvidia stock surges as revenue forecast tops estimates, AI demand continues
Reuters was first to report on chipmaker Nvidia’s first-quarter revenue forecast that beat expectations and sent the AI chip bellwether’s shares soaring to a record high. The post Nvidia stock surges as revenue forecast tops estimates, AI demand continues appeared … Continue reading
EU opens formal proceedings against TikTok under Digital Services Act
Reuters exclusively reported that the European Commission has opened formal proceedings against ByteDance’s TikTok under the Digital Services Act (DSA) to see if the social media platform is doing enough to protect children. The post EU opens formal proceedings against TikTok … Continue reading
NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say
Reuters exclusively reported that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, according … Continue reading
India IT ministry fears losing out to China, Vietnam in smartphone exports race
Reuters was first to report using confidential government documents that India fears losing out to China and Vietnam as it seeks to become a major smartphone export hub and wants to “act fast” to lure global companies with lower tariffs … Continue reading