Tag Archives: Reuters

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 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 →

Reuters was first to report that Ericsson will lay off 8,500 employees, citing a memo sent to employees and confirmed by Ericsson. This layoff demonstrates that the recent job cuts within the tech industry are moving to other sectors, with … Continue reading →

Reuters exclusively reveals that EU industry chief Thierry Breton is poised to launch a consultation on whether Big Tech should bear a portion of telecoms network costs. Breton confirms the consultation will be announced at Barcelona. EU telecoms providers have … Continue reading →

Reuters exclusively reported Alphabet’s Google AI chatbot, Bard, shared inaccurate information in an ad for its AI chatbot. The story, which published during Alphabet’s presentation on new search features enhanced by artificial intelligence, drove Alphabet shares down nearly 9% and knocked $100 billion … Continue reading →

Reuters exclusively reports the European Commission wants to ask Big Tech and European Union telecoms providers about their investment outlays and cloud infrastructure plans before tabling legislation that could make the former pay for network costs. Deutsche Telekom, Orange, Telefonica, … Continue reading →

Reuters exclusively reported Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam.  The post Reuters reveals Apple supplier … Continue reading →

Reuters exclusively revealed that TikTok has put on hold a hiring process for consultants that would help it implement a potential security agreement with the United States as opposition to such a deal among U.S. officials grows. President Joe Biden … Continue reading →

Reuters was first to report that Twitter removed a feature that promoted suicide prevention hotlines and other safety resources to users looking up certain content. The feature, known as #ThereIsHelp, had shown contacts for support organizations in many countries related … Continue reading →

Reuters exclusively reported that former FTX Chief Executive Sam Bankman-Fried was expected to appear in court in the Bahamas this week to reverse his decision to contest extradition to the United States, where he faces fraud charges. The post Reuters … Continue reading →