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Tag Archives: Reuters
US government may delay decision on electric vehicles biofuel program
Sources exclusively revealed to Reuters that the U.S. government could delay a decision on giving electric vehicle (EV) manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan. The post US government may … Continue reading
SoftBank’s Arm registers for blockbuster U.S. IPO
Reuters was first to report that SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, setting the stage for this year’s largest initial public offering. While SoftBank had said in March … Continue reading
EU tweaks draft patent rules making it easier for patent holders to sue
Reuters exclusively revealed that the European Commission has updated draft patent rules to make it easier for patent holders to sue companies over royalty disputes in hopes that the move will end costly legal spats over patents essential to key … Continue reading
General Motors moves deeper into mining with EnergyX lithium investment
Reuters exclusively reported that General Motors Co (GM.N) intends to invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the car maker to ensure long-term supplies of the metal used to … Continue reading
Nissan takes its own road, minus Renault, in seeking tech tie-up
Reuters exclusively reported that Japan’s third-biggest automaker by sales is seeking a partner outside the auto industry to develop software that connects vehicles to cloud-based services. The post Nissan takes its own road, minus Renault, in seeking tech tie-up appeared … Continue reading
China expected to lower fine on Ant Group to about $700 million
Reuters exclusively revealed that Chinese regulators are expected to downgrade charges against Ant Group and fine them approximately $728 million – significantly less than the $1 billion initially planned. The post China expected to lower fine on Ant Group to … Continue reading
China plans $500 million subsea internet cable to rival US-backed project
Reuters exclusively reported that state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project. The plan is a sign that an intensifying … Continue reading
India plans new security testing for smartphones, crackdown on pre-installed apps
Sources exclusively revealed to Reuters that India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system updates under proposed new security rules. The plan for new rules, details of which have … Continue reading
Nvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft
Reuters exclusively reported that U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company. The Biden administration has been considering … Continue reading
Snapchat kicks few children off app in Britain
Reuters exclusively reported that Snapchat (SNAP.N) is kicking dozens of children in Britain off its platform each month, compared with tens of thousands blocked by rival TikTok. Social media platforms, such as Meta’s (META.O) Instagram, ByteDance’s TikTok, and Snap Inc.’s … Continue reading