Wen-Yee Lee / Reuters: Foxconn says it will work with Intel to jointly develop and deploy next-gen AI infrastructure, including server racks with Intel Xeon processors and AI chips — Foxconn (2317.TW) said on Thursday it will work with U.S. chipmaker Intel (INTC.O) to jointly develop and deploy next-generation AI infrastructure …
Arriana McLymore / Reuters: Amazon schedules Prime Day for June 23 to June 26, shifting the four-day sales event from July to avoid the end of the FIFA World Cup and US Independence Day — Amazon.com (AMZN.O) will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years …
Max Cherney / Reuters: Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of Arm's new AGI CPUs for data centers — Chinese tech company ByteDance and U.S. data centre firm Oracle (ORCL.N) are among the customers of Arm's (O9Ty.F) AI data centre chips, the head of the chip designing firm said on Tuesday.
Reuters: A look at AMD CEO Lisa Su's and Nvidia CEO Jensen Huang's contrasting China playbooks, with Su keeping a lower profile; China accounts for ~20% of AMD's revenue — When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower profile than Jensen Huang …
Diana Novak Jones / Reuters: Filing: a Kentucky school district secured ~$27M in settlements from Meta, Snap, TikTok, and YouTube in a social media harms lawsuit; Meta paid the most, at $9M — A Kentucky school district secured approximately $27 million in settlements from social media companies over claims they fueled …
Pritam Biswas / Reuters: Coinbase and Kalshi introduce perpetual crypto futures, marking the first time the contracts will be available to US investors via domestic, regulated exchanges — Cryptocurrency exchange Coinbase (COIN.O) and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures …
Reuters: Former Tesla data labelers say FSD relies on laborious mapping for hazards; crash data analysis shows Tesla exaggerates FSD's safety via flawed methodology — Tesla says its Full Self-Driving software is up to 10 times safer than human drivers. But the figures the company uses to support …
Raphael Satter / Reuters: Letter: US Central Command says it received “threat reports concerning adversary exploitation of commercial location data” to target US personnel in war zones — U.S. forces deployed to war zones have been targeted using commercially available location data …
Reuters: Source: the Shanghai Futures Exchange is in the early stages of designing futures contracts for AI tokens; US exchanges are set to launch GPU compute futures — China is designing a futures market for AI tokens, sources familiar with the matter said, as the country potentially takes …
David Jeans / Reuters: Sources: SpaceX successfully pressured the Pentagon to raise Starlink fees for LUCAS kamikaze drones amid increasing tensions over Starlink's pricing — As U.S. kamikaze drones guided by Elon Musk's Starlink network began to make visible gains in the war against Iran, senior SpaceX officials reached …
Reuters: Tether plans to launch GELT, an “official” stablecoin representing the Georgian lari, with the support of Georgia's government in an unusual partnership — Tether, the world's biggest stablecoin issuer, plans to launch a crypto token representing the Georgian lari with the support …
Joshua McElwee / Reuters: In his ~43,000-word encyclical, the Pope urged governments to slow down AI development and decried “new forms of slavery” in AI and tech supply chains — Pope Leo urged governments to slow down the development of AI systems in his first major document, released on Monday …
Reuters: Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder — The European Central Bank warned European Union finance ministers on Friday that proposals to issue more euro stablecoins …
Anusha Shah / Reuters: Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76% from Delivery Hero's close on Friday — German food delivery service Delivery Hero (DHER.DE) confirmed it had received a takeover offer from rival Uber (UBER.N) valuing the company at 33 euros …
Reuters: China's Wingtech files a lawsuit against Nexperia, saying its control over the Dutch chipmaker remained restricted, and seeks ~$1.2B for economic losses — China's Wingtech Technology (600745.SS) has filed a lawsuit with a subsidiary against Nexperia B.V. and five other entities …
Reuters: Lenovo reports Q4 revenue up 27% YoY to $21.6B, above $18.7B est., net profit up 479% to $521M, above $271M est., as the PC maker pushes into AI server markets — Lenovo Group (0992.HK) reported a better-than-expected 27% jump in quarterly revenue on Friday, as strong consumer demand …
Reuters: Internal memo: Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and focus on its key bets — Intuit (INTU.O) is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus …
Reuters: Russia's Sberbank says it hopes to use Chinese chips to power its flagship GigaChat AI model, as sanctions continue to block the country's access to hardware — Russia hopes to power its flagship GigaChat AI model with Chinese-made chips, Sberbank's CEO said during President Vladimir Putin's visit to China …
Zaheer Kachwala / Reuters: Epic says Fortnite has returned to Apple's App Store globally, after its US relaunch in 2025, signaling confidence in a favorable outcome in an ongoing lawsuit — Epic Games said on Tuesday its popular shooter title “Fortnite” has returned to global App Stores, as the videogame maker signaled confidence …
Reuters: Arkham: Iran's largest crypto exchange, Nobitex, processed $2.3B+ since 2023 via Tron and BNB Chain, including $23M+ since the Iran war started in February — Iran's Nobitex has processed at least $2.3 billion through Tron and BNB Chain, blockchain ledgers started by backers of the Trump family's World Liberty Financial.
Anirban Sen / Reuters: Sources: Kalshi has probed and flagged 400+ suspicious trades YTD, more than 2x the number it investigated in all of 2025; Polymarket has seen a similar uptick — Top prediction market platforms Kalshi and Polymarket have witnessed a surge in suspicious trades this year …
Hyunjoo Jin / Reuters: Sources detail friction between Samsung's memory and logic chip businesses over higher bonuses for memory chip workers, leading many to leave or apply elsewhere — A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government …
Reuters: The UK CMA launches an antitrust investigation into Microsoft's business software dominance, focusing on its bundling of Windows, Word, Teams, and other apps — Britain launched an antitrust investigation into Microsoft's (MSFT.O) dominance in business software that could lead to targeted action …
Max A. Cherney / Reuters: Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes — The foundation of Nvidia (NVDA.O) CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave (CRWV.O) …
Foo Yun Chee / Reuters: Apple files an EU submission criticizing draft DMA measures that would require Google to give competing AI services access to Android apps, citing privacy risks — Apple (AAPL.O) on Wednesday echoed Google's criticism of EU antitrust regulators' efforts to force the search giant …
Reuters: OpenAI launches the OpenAI Deployment Company with a $4B+ investment to help organizations build and deploy AI systems, and acquires AI consulting firm Tomoro — OpenAI said on Monday it is setting up a new company with more than $4 billion in initial investment to help organizations build …
Sam Tobin / Reuters: In a two-week UK High Court trial, Shein accuses Temu of “industrial scale” copyright infringement of its photos; Temu says Shein is suing to stifle competition — Online fast-fashion platform Shein accused Temu of copyright infringement “on an industrial scale” …
Inti Landauro / Reuters: The European Commission says it is in ongoing discussions with OpenAI and Anthropic to access their latest AI models; OpenAI is “proactively offering” access — The European Commission is in ongoing discussions with U.S. artificial intelligence giants OpenAI and Anthropic, a spokesperson said on Monday.
Reuters: European Central Bank President Christine Lagarde expressed skepticism over the need for euro-pegged stablecoins, saying they could hamper the ECB's work — European Central Bank President Christine Lagarde expressed scepticism on Friday over the need for stablecoins pegged to the euro …
Reuters: Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work” — Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …
Foo Yun Chee / Reuters: Meta says it will expand Instagram teen account safeguards to 27 EU countries, and plans to roll them out on Facebook in the US ahead of the UK and EU in June — Meta Platforms (META.O) will expand technology safeguards for teen accounts to 27 European Union countries and to Facebook in the United States …
Deborah Sophia / Reuters: Amazon debuts Supply Chain Services, which lets companies use its logistics network to move, store, and deliver everything from raw materials to final products — Amazon.com (AMZN.O) said on Monday it was rolling out “Amazon Supply Chain Services”, opening up its logistics network for other businesses to use.
Reuters: Cerebras seeks a valuation of up to $26.62B in its US IPO, aiming to raise $3.5B by selling 28M shares at $115 to $125 apiece in its second attempt to go public — Nvidia-rival Cerebras is seeking a valuation of as much as $26.62 billion in its U.S. initial public offering …
Javi West Larrañaga / Reuters: Amadeus IT Group, which operates the world's largest travel booking system, plans to acquire French biometrics company Idemia Public Security, for €1.2B in cash — Spanish travel technology firm Amadeus (AMA.MC) on Wednesday announced a plan to acquire French biometrics company Idemia Public Security …
Reuters: Investigation: Nobitex was founded by two brothers from Iran's elite Kharrazi family; the crypto exchange processed hundreds of millions beyond US sanctions — Two brothers from the elite Kharrazi family, using an alternative surname, started up Nobitex in 2018.
Sam Tobin / Reuters: A UK court orders Samsung to pay ZTE $392M for patents needed to enable phone network access; Samsung faces similar suits from ZTE in China, Germany, and Brazil — Samsung Electronics (005930.KS) must pay a $392 million lump sum for a licence to use ZTE's (000063.SZ) patents for mobile phones …
Lisa Richwine / Reuters: The Academy of Motion Picture Arts and Sciences issues new rules saying acting and writing must be performed by humans and not AI to be eligible for Oscars — Academy Awards organizers issued new rules on Friday to clarify that acting and writing must be performed by humans …
Mike Stone / Reuters: The US Navy awards Domino Data Lab a contract worth up to $100M for AI software that teaches underwater drones to identify new mines in the Strait of Hormuz — The U.S. Navy is ramping up its AI capabilities to hunt for Iranian mines in the Strait of Hormuz, one of the world's most critical shipping lanes …
Reuters: Cognizant agrees to acquire Astreya, which helps manage data center infrastructure, AI lab environments, and enterprise networks, for ~$600M, set to close in Q2 — Cognizant Technology (CTSH.O) has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure …
Jonathan Stempel / Reuters: A US judge dismisses Elon Musk's fraud claims in his OpenAI lawsuit, at Musk's request to streamline the case, but plans to proceed to trial on other claims — A U.S. judge on Friday dismissed Elon Musk's fraud claims in his lawsuit accusing OpenAI and co-founder Sam Altman …
Jonathan Stempel / Reuters: The US CFTC sues New York, accusing the state of invading its authority to regulate prediction markets by filing lawsuits against Coinbase and Gemini — The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets …
Terje Solsvik / Reuters: Norway plans to ban children from using social media until they turn 16; the government says it will introduce a bill in parliament by the end of 2026 — Norway said on Friday it would present a bill in parliament by year-end to ban children from using social media until they turn 16 …
Reuters: Sources: India is piloting 10 schemes to test whether its CBDC, the e-rupee, can deliver welfare payments more efficiently, as it looks to boost e-rupee usage — In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using …
Karen Freifeld / Reuters: Sources: Micron is pushing the US Congress to pass the “MATCH Act”, which would put new export restrictions on equipment its Chinese rivals use to make chips — Micron Technology (MU.O), the largest U.S. memory chipmaker, is a driving force pushing the U.S. Congress to pass legislation …
Reuters: A South Korean court sentences a former Samsung researcher to seven years in prison for leaking semiconductor tech to China's CXMT, helping it develop HBM — A South Korean court said on Wednesday it had sentenced a former researcher at Samsung Electronics (005930.KS) to seven years in prison …
Stephen Nellis / Reuters: Australia-based Syenta, which aims to use electrochemical “stamping” to speed up chip manufacturing, raised $26M and says Pat Gelsinger will join its board — Syenta, an Australian semiconductor technology startup, said on Tuesday that it has raised $26 million …
Muvija M / Reuters: UK's Ofcom launches an investigation into Telegram over concerns of CSAM being shared on the platform and it being used by predators to groom children — Britain's communications regulator, Ofcom, launched an investigation on Tuesday into the Telegram messaging app after evidence suggested …
Aditya Kalra / Reuters: Order: India's CCI sets May hearing on penalties after Apple failed to submit info on alleged app market abuse; Apple said it fears it could be fined up to $38B — Apple has not submitted data sought by India's antitrust body after an investigation found the U.S. firm abused its dominant position …
Andreas Rinke / Reuters: German Chancellor Friedrich Merz says he will push to ease the EU's “regulatory burden” on AI and possibly exempt industrial AI to boost productivity — Germany's Chancellor Friedrich Merz said on Sunday that artificial intelligence for industrial use will require more regulatory freedom …
Reuters: At the Beijing half-marathon, several humanoid robots beat human winners by 10+ minutes; a robot made by Honor beat the human world record held by Jacob Kiplimo — Dozens of Chinese-made humanoid robots showed off their fast-improving athleticism and autonomous navigation skills …