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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 opened an investigation in December, saying the deal – which was announced last year as the second largest of its kind globally – would allow Broadcom to restrict competition in the market for certain hardware components that interoperate with VMware’s software. Broadcom shares have since pared gains.

The post Reuters exclusively reported that Broadcom faces EU antitrust warning on $61 billion VMware deal appeared first on Reuters News Agency.

The post Reuters was first to report that Ericsson will lay off 8,500 employees appeared first on Reuters News Agency.

Reuters was first to share that Tencent Holdings (0700.HK) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said. The world’s largest video game publisher had ambitious plans to build both virtual reality software and hardware at an “extended reality” XR unit it launched in June of 2022. Tencent shares slipped as much as 2.5% after Reuters’ report. 

The post Tencent scraps plans for VR hardware as metaverse bet falters appeared first on Reuters News Agency.

The post Reuters exclusively reveals that EU industry chief Thierry Breton plans consultation on Big Tech and telecoms network costs appeared first on Reuters News Agency.

The post Reuters reveals Google’s AI chatbot flubs answer in promotional video, sending Alphabet shares down 9% appeared first on Reuters News Agency.

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, Telecom Italia and the big operators say such a move is all about a fair share contribution as the six largest content providers account for just over half of data internet traffic.

The post Reuters reports EU wants details of Big Tech, telcos investment plans appeared first on Reuters News Agency.

The post Reuters reveals Apple supplier BOE plans new factories in Vietnam appeared first on Reuters News Agency.

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 revoked an executive order in 2021 by his predecessor Donald Trump to ban TikTok in the United States but talks between his administration and the social media company have continued over a potential deal that would spare ByteDance from being forced to divest in TikTok.

The post Reuters reveals TikTok freezes consultant hiring for U.S. security deal as opposition mounts appeared first on Reuters News Agency.

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 to mental health, HIV, vaccines, child sexual exploitation, COVID-19, gender-based violence, natural disasters, and freedom of expression.

The post Reuters reveals Twitter removes suicide prevention feature, says it’s under revamp appeared first on Reuters News Agency.

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 reveals Sam Bankman-Fried to reverse decision on contesting extradition appeared first on Reuters News Agency.

Reuters exclusively reported Microsoft is seeking to address European Union (EU) antitrust concerns about its business practices prompted by a complaint from Salesforce.com workspace messaging app Slack. The move, which may head off the opening of a formal EU antitrust investigation, underscores once again Microsoft’s new preference for working out issues with regulators rather than jousting with them as it did in the previous decade.

The post Reuters reveals Microsoft seeks to settle EU antitrust concerns over Teams appeared first on Reuters News Agency.

Reuters took readers on a deep dive into how HMD Global Oy, the exclusive licensee of Nokia-branded smartphones, has filed a complaint to European Union antitrust regulators against VoiceAge EVS’s patent practices and royalty rates. HMD and VoiceAge EVS are fighting in courts in Germany, the United States and Brazil over various patents for technology related to voice calls.

The post Reuters reveals Nokia smartphone maker HMD Global files EU antitrust complaint against VoiceAge EVS appeared first on Reuters News Agency.

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.