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Reuters was first to report U.S. chip maker Nvidia Corp is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China’s hands. The chip, called the A800, represents the first reported effort by a U.S. semiconductor company to create advanced processors for China that follow new U.S. trade rules.

The post Reuters reveals Nvidia offers new advanced chip for China that meets U.S. export controls appeared first on Reuters News Agency.

Reuters was first to report that production of Apple’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening COVID-19 curbs in China.

The post Reuters reveals output of Apple iPhones at major China plant could fall 30% amid COVID curbs appeared first on Reuters News Agency.

Reuters exclusively revealed more than 40 European rivals to Google’s shopping service urged European Union (EU) antitrust regulators to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search page. The European Commission fined Google 2.4 billion euros five years ago and told the firm to stop favouring its shopping service.

The post Reuters reveals scores of Google rivals want EU tech law used in antitrust case appeared first on Reuters News Agency.

Reuters exclusively reported that Alphabet unit Google could face European Union (EU) antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of more than a billion euros. Google’s ad business, which generated over $100 billion in sales last year, is Alphabet’s biggest moneymaker.

The post Reuters reveals Google faces EU antitrust charges over its adtech business appeared first on Reuters News Agency.

Reuters exclusively revealed more than a dozen senior Indonesian government and military officials were targeted last year with spy software designed by an Israeli surveillance firm. The targets included Chief Economic Minister Airlangga Hartarto, senior military personnel, two regional diplomats, and advisers in Indonesia’s defence and foreign affairs ministries. 

The post Reuters reveals senior Indonesian officials targeted by spyware last year appeared first on Reuters News Agency.

Reuters was first to report Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers today made their strongest push for Big Tech to share network costs, citing the energy crisis and European Union climate change goals. The call comes as the European Commission prepares to seek feedback from both sides before making a legislative proposal that could force tech companies to help pay for the roll-out of 5G and fibre cables across the 27-country European Union

The post Reuters exclusively reveals EU telcos call Big Tech for shared network costs, citing energy crisis, EU climate change appeared first on Reuters News Agency.

Reuters was first to report that the Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools. The move would expand the reach of the limits and could subject other U.S. companies producing similar technology to the restrictions. 

The post Reuters reveals Biden to hit China with broader curbs on U.S. chip and tool exports appeared first on Reuters News Agency.

Reuters exclusively reported that the blank-check acquisition firm Digital World Acquisition Corp failed to muster enough shareholder support for a proposal to extend its life by one year so it can complete a merger with former U.S. President Donald Trump’s social media company. At stake is a $1.3 billion cash infusion that Trump Media & Technology Group, which operates Trump’s Truth Social app, stands to receive from Digital World. Digital World subsequently confirmed it did not get enough shareholder votes in favor of the proposal and pushed back the vote deadline by two days. Shares of Digital World Acquisition Corp fell as much as 27% after Reuters revealed the news. 

The post Reuters reveals deal partner for Trump’s Truth Social fails to get backing for SPAC extension appeared first on Reuters News Agency.

Reuters exclusively reported that U.S. life sciences company Illumina is in talks with European Union (EU) antitrust regulators to divest Grail ahead of an expected EU veto of its $7.1 billion acquisition of the biotechnology company. The European Commission confirmed the Reuters story the next day and blocked the deal because remedies offered by Illumina did not fully address the EU competition enforcer’s concerns.

The post Reuters reveals Illumina in talks with EU regulators to divest Grail appeared first on Reuters News Agency.

Reuters was first to report India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, a move that could boost device launch plans by the likes of Samsung and Apple. The move comes as India scrambles to remove bottlenecks faced by businesses, with Prime Minister Narendra Modi bullish on an electronics hardware manufacturing industry his government targets to be worth $300 billion by 2026.

The post Reuters reveals Apple, Samsung could benefit as India aims to speed product safety approvals appeared first on Reuters News Agency.

The post Reuters reveals U.S. sought records on Binance CEO for crypto money laundering probe appeared first on Reuters News Agency.

Reuters exclusively reported European Union (EU) antitrust regulators will not appeal a court ruling scrapping its 997-million-euro fine against Qualcomm, in a major win for the U.S. chipmaker. It is rare for the European Commission not to appeal adverse judgments, but the EU competition watchdog feels that it would be very difficult to make its case in Europe’s top court. The judgment was a major setback for EU antitrust chief Margrethe Vestager, who has handed out billion-euro fines to Alphabet unit Google and opened investigations into other major tech companies as part of her crackdown on Big Tech.

The post Reuters reveals win for Qualcomm as EU antitrust regulators will not appeal court ruling against $991 mln fine appeared first on Reuters News Agency.

Reuters exclusively reported that Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in its first big expansion since it spun out as an independent Alphabet unit in 2015. In his first media interview since becoming Google Fiber CEO in 2018, Dinni Jain told Reuters his team was finally prepared to “add a little bit more build velocity” after more than four years of sharpening operations. 

The post Reuters reveals Google Fiber plans 5-state growth spurt, biggest since 2015 appeared first on Reuters News Agency.

Reuters exclusively revealed France, Italy and Spain are stepping up pressure on the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure in the bloc. This was the first time the three governments have expressed their joint position on the issue.

The post Reuters reveals Big Tech should share Europe network costs, France, Italy and Spain say appeared first on Reuters News Agency.

Reuters revealed that the nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading to one of the largest cryptocurrency heists on record in March, in which almost $615 million was stolen, according to the U.S. Treasury.

The post Reuters reveals crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests appeared first on Reuters News Agency.

Reuters exclusively revealed the European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech. The landmark rules, agreed in March, will go into effect next year. They will bar companies from setting their own products as preferences, forcing app developers to use their payment systems and leveraging users’ data to push competing services.

The post Reuters reveals EU mulls new unit with antitrust veterans to enforce tech rules appeared first on Reuters News Agency.

Reuters exclusively reported that Ukraine’s destruction of Russian artillery systems and armoured vehicles with Turkish Bayraktar TB2 aerial drones has made “the whole world” a customer, according to its designer. Selcuk Bayraktar, who runs the Istanbul firm Baykar with his brother Haluk, said the drones had shown how technology was revolutionising modern warfare. At least for a time, the TB2, which has a 12-metre wingspan and can soar to 25,000 feet before swooping to destroy tanks and artillery with laser-guided armour-piercing bombs, helped undermine Russia’s overwhelming military superiority.

The post Reuters reveals after Ukraine, ‘whole world’ is a customer for Turkish drone appeared first on Reuters News Agency.

Reuters exclusively revealed TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming. Featuring games on its platform would boost advertising revenue as well as the amount of time users spend on the app - one of the world’s most popular, with more than 1 billion monthly active users.

The post Reuters reveals TikTok plans big push into gaming, conducting tests in Vietnam appeared first on Reuters News Agency.

Reuters was first to report that President Joe Biden would sign a new weapons package worth at least $100 million for Ukraine, the latest in a series of transfers to help Kyiv repel Russia’s invasion. The United States has rushed $3.4 billion worth of armaments to Ukraine since Russia invaded on Feb. 24, including howitzers, anti-aircraft Stinger systems, anti-tank Javelin missiles, ammunition and recently-disclosed “Ghost” drones.

The post Reuters reveals Biden announces new $150 million weapons package for Ukraine appeared first on Reuters News Agency.

Reuters revealed German software firm SAP is working with investment bank Moelis & Co to sell its corporate learning software business Litmos as it seeks to streamline its operations and focus on cloud-based revenue. The sale of California-based Litmos, which is profitable, could fetch a valuation of more than $1 billion.

The post Reuters reveals Germany’s SAP hires adviser for $1 bln Litmos software appeared first on Reuters News Agency.

Reuters revealed Shanghai authorities helped Tesla transport over 6,000 workers and carry out necessary disinfection work to reopen its factory last month amid the city’s lockdown. A letter that Tesla sent to local officials, seen by Reuters, outlined the lengths to which the city went to help the U.S. automaker, indicating Tesla’s importance to Shanghai as the city tries to restart business while curbing the spread of COVID-19.

The post Reuters reveals Shanghai authorities helped Tesla reopen factory, letter shows appeared first on Reuters News Agency.

Reuters exclusively reported that dozens of Chinese firms have built software that uses artificial intelligence to sort data collected on residents, amid high demand from authorities seeking to upgrade their surveillance tools, a Reuters review of government documents shows.

According to more than 50 publicly available documents examined by Reuters, dozens of entities in China have over the past four years bought such software, known as “one person, one file.” The technology improves on existing software, which simply collects data but leaves it to people to organize.

The post Reuters reveals China uses AI software to improve its surveillance capabilities appeared first on Reuters News Agency.

Reuters exclusively reported that Apple faces an additional EU antitrust charge in the coming weeks in an investigation triggered by a complaint from Spotify, a person familiar with the matter said, a sign that EU enforcers are strengthening their case against the U.S. company.

The European Commission last year accused the iPhone maker of distorting competition in the music streaming market via restrictive rules for its App Store, which force developers to use its own in-app payment system and prevent them from informing users of other purchasing options. Apple shares dropped 1.6% shortly following the exclusive. 

The post Reuters reveals Apple faces extra EU antitrust charge in music streaming probe appeared first on Reuters News Agency.

Reuters exclusively reported that Samsung Electronics’ flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers halve its price at home in South Korea just weeks since its launch, hurting its image as an iPhone rival.

Consumers have complained—and even filed a class-action lawsuit—about the handset maker advertising what it called its most powerful smartphone yet, with scant detail about performance management software that they say drastically slows the premium device when using processor-intensive applications.

The post Reuters reveals Samsung’s reputation hit as prices slashed at home for new premium phone appeared first on Reuters News Agency.

Reuters revealed that the U.S. government began privately warning some American companies the day after Russia invaded Ukraine that Moscow could manipulate software designed by Russian cybersecurity company Kaspersky to cause harm. The classified briefings are part of Washington’s broader strategy to prepare providers of critical infrastructure for potential Russian intrusions. 

The post Reuters reveals U.S. warned firms about Russia’s Kaspersky software day after invasion appeared first on Reuters News Agency.