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Tag Archives: Reuters
Intel says it has no plans to divest majority stake in Mobileye
Reuters was first to report on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s shares by over 16%. Mobileye shares, which have dropped 73% this year, took a beating earlier in the month after … Continue reading
Arm aims to capture 50% of PC market in five years, CEO says
Reuters exclusively reported that Arm Holdings aims to gain more than 50% of the Windows PC market in five years as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British chip designer’s … Continue reading
TikTok preparing a US copy of the app’s core algorithm
Reuters exclusively reported that TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers … Continue reading
Nvidia cuts China prices in Huawei chip fight
Reuters exclusively reported that Nvidia’s most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei. The … Continue reading
US eyes curbs on China’s access to AI software behind apps like ChatGPT
Reuters exclusively reported that the Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans to place guardrails around the most advanced AI Models, the core software of artificial … Continue reading
Elon Musk visits China as Tesla seeks self-driving technology rollout
Reuters exclusively reported that Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker’s second-biggest market. The post Elon Musk visits China as Tesla seeks self-driving … Continue reading
ByteDance prefers TikTok shutdown in US if legal options fail
Reuters exclusively reported that TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S. The … Continue reading
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