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Tag Archives: Reuters
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
Reuters was first to report that SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO
Reuters was first to report that Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp (9984.T), is seeking to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this … Continue reading
Reuters exclusively reported that Broadcom faces EU antitrust warning on $61 billion VMware deal
Reuters exclusively reported that U.S. chipmaker Broadcom (AVGO.O) is set to receive an EU antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware (VMW.N) in the coming weeks. The European Commission … Continue reading