Tag Archives: Reuters

Reuters exclusively reported that Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors.  The post Nvidia pursues $30 billion custom chip opportunity with new unit … Continue reading →

Reuters was first to report that Chinese internet giant Alibaba Group (9988.HK),  is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart.  The post Alibaba considers sale of consumer assets including Freshippo, RT-Mart appeared … Continue reading →

Reuters exclusively reported that The United States on Wednesday added more than a dozen Chinese companies to a list created by the Defense Department to highlight firms it says are allegedly working with Beijing’s military, as part of a broader … Continue reading →

Reuters exclusively reported that A Delaware judge tossed out Elon Musk’s record-breaking $56 billion Tesla (TSLA.O), pay package on Tuesday, calling the compensation granted by the EV maker’s board “an unfathomable sum” that was unfair to shareholders.   The post Judge … Continue reading →

Reuters exclusively reported that Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub.   The post Thailand aims for lithium output in … Continue reading →

Reuters exclusively reported that Tesla (TSLA.O), opens new tab has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025.  The post Tesla plans to build new electric vehicles in mid-2025  appeared first on … Continue reading →

Reuters was first to report that Vietnamese electric vehicle maker VinFast aims to increase its free float, or shares available to the public for trading, to 10% to 20% by the end of this year from roughly 2% currently. The … Continue reading →

Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a … Continue reading →

Reuters exclusively reported that Chinese chip designers including Tencent Holdings (0700.HK) are aggressively pitching their AI chips as alternatives to Nvidia’s (NVDA.O), hoping U.S. export restrictions will prompt clients to switch, said four people familiar with such discussions. California-based Nvidia … Continue reading →

Reuters exclusively reported that China’s Huawei Technologies has asked Mercedes Benz (MBGn.DE) and Volkswagen’s Audi if they are interested in buying small stakes in its smart car software and components firm, according to three people with knowledge of the discussions.The … Continue reading →