21/04 Exclusive: Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives, sources say
-Huawei Technologies (HWT.UL) plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.
- Reuters17/04 China bans 'smart' and 'autonomous' driving terms from vehicle ads
-China is banning automakers from using the terms "smart driving" and "autonomous driving" when they advertise driving assistance features, and it will tighten scrutiny of such technology upgrades.
- Reuters15/04 Elliott builds $1.5-billion stake in Hewlett Packard Enterprise
-Hedge fund Elliott Investment Management has built a stake of more than $1.5 billion in Hewlett Packard Enterprise , a person familiar with the matter said on Tuesday.
- Reuters08/04 Exclusive: TSMC could face $1 billion or more fine from US probe, sources say
-Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter.
- Reuters31/03 China's Huawei 2024 profit drops; revenue rises at fastest rate in five years
-China's Huawei Technologies (HWT.UL) said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its revenue grew at the fastest rate in five years.
- Reuters28/03 After years of survival, China's Huawei returns to revenue peak
-China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".
- Reuters25/01 Hedge fund industry reaches $4.5 trillion in 2024
-The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75% increase from the previous year, research firm HFR said on Friday.
- Reuters24/01 European executives join Trump’s call for action on deregulation
-Business leaders in Davos joined calls by U.S. President Donald Trump for the European Union to speed up efforts to reduce regulation and increase competition to prevent the bloc from falling further behind other developed markets.
- Reuters24/01 Breakingviews - How China can keep pace in the global AI race
-In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling U.S. sanctions. Late last month, Hangzhou-based startup DeepSeek added the latest technological surprise by claiming to have tra
- Reuters23/01 Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
-ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
- Reuters16/01 Exclusive: Chinese tech firm founded by Huawei veterans in the FBI's crosshairs
-The U.S. Commerce Department and FBI are both investigating a little-known telecoms hardware firm founded by senior Huawei veterans in China more than a decade ago over possible security risks, sources and documents show.
- Reuters16/01 US blacklists Chinese companies over TSMC chips in Huawei processor
-The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI, a developer of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor.
- Reuters16/01 Apple loses smartphone sales crown in China, drops to third in 2024
-Apple was dethroned as China's biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17%, data from research firm Canalys showed on Thursday.
- Reuters14/01 Huawei is a microcosm of China’s last four decades: podcast
-Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.
- Reuters05/01 Chinese hack of US telecoms compromised more firms than previously known, WSJ says
-A Chinese hack compromised even more U.S. telecoms than previously known, including Charter Communications , Consolidated Communications (CCII.UL) and Windstream, the Wall Street Journal reported late on Saturday, citing people familiar with the matter.
- Reuters02/01 US appeals court blocks Biden administration net neutrality rules
-A U.S. appeals court ruled on Tuesday the Federal Communications Commission did not have the legal authority to reinstate landmark net neutrality rules.
- Reuters02/01 Apple offers iPhone discounts in China as competition intensifies
-Apple is offering rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the U.S. tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.
- Reuters20/12 Exclusive: US plans to blacklist company that ordered TSMC chip found in Huawei processor -- source
-The Biden administration plans to blacklist a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei AI processor, according to a person familiar with the matter.
- Reuters19/12 Breakingviews - Brick phones will ring in an unlikely revival
-Smartphone makers will soon face an unlikely competitor. Concerns about the impact of social media are driving demand for old-school Nokia brick-like handsets, now known as feature phones. If Apple and Samsung don’t find a way of selling safer versions, they may lose out.
- Reuters13/12 China eyes negotiations as Trump threatens new tariffs
-As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next U.S. president to the punch with its own restrictions and get Washington to the negotiating table ahead of a full-blown trade war, analysts say.
- Reuters08/12 US House to vote to provide $3 billion to remove Chinese telecoms equipment
-The U.S. House of Representatives is set to vote next week on an annual defense bill that includes just over $3 billion for U.S. telecom companies to remove equipment made by Chinese telecoms firms Huawei and ZTE from American wireless networks to address security risks.
- Reuters03/12 US targets China's chip industry with new restrictions
-The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group , among other moves.
- Reuters02/12 Exclusive: Latest US strike on China's chips hits semiconductor toolmakers
-The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.
- Reuters28/11 China warns of 'necessary actions' if US escalates chip curbs
-China warned on Thursday it would take "necessary actions" to protect Chinese firms if the U.S. escalated chip control measures, following reports that the Biden administration could unveil new export restrictions as soon as this week.
- Reuters26/11 Huawei launches Mate 70 smartphone as new US chip curbs loom
-Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, marking a significant step in its premium smartphone comeback while showcasing its own operating system in a clean break away from U.S. technology.
- Reuters25/11 Zoom raises annual revenue and profit forecasts, expands share repurchase
-Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.
- Reuters23/11 Huawei wants 100,000 apps on Harmony OS within a year
-China's Huawei, blacklisted by the U.S., said on Saturday it is targeting 100,000 applications for its Harmony operating system in coming months as it seeks widespread help to achieve self-reliance.
- Reuters22/11 US agency votes to launch review, update undersea telecommunications cable rules
-The Federal Communications Commission voted on Thursday to propose new rules governing undersea internet cables in the face of growing security concerns, as part of a review of regulations on the links that handle nearly all the world's online traffic.
- Reuters21/11 Exclusive: Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say
-China's Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to U.S. restrictions, said two people familiar with the matter.
- Reuters18/11 China's Huawei starts taking pre-orders for Mate 70 smartphone
-China's Huawei Technologies on Monday announced that it had started taking pre-orders for its Mate 70 smartphone model, in a statement on its official WeChat account.
- Reuters10/11 Exclusive: US ordered TSMC to halt shipments to China of chips used in AI applications
-The US order comes after TSMC notified the Commerce Department that a chip had been found in a Huawei AI processor.
- Reuters08/11 Make new friends and boost hiring: How China's chip industry plans to deal with Trump
-China's semiconductor industry is readying itself for four more combative years under Donald Trump as U.S. president by ramping up purchases of foreign chipmaking equipment and looking out for opportunities to hire overseas talent and forge new alliances.
- Reuters08/11 Ready or not? How China scrambled to counter the second Trump shock
-After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery rhetoric with force, resulting in a trade war that plunged ties between the globe's largest economies to multiyear lows.
- Reuters01/11 China's sanction-hit tech industry puzzles over impact of Trump, Harris presidencies
-Donald Trump winning the U.S. presidency next week would muddle the outlook for Chinese technology firms far more than a win for Kamala Harris, with executives saying his unpredictable style could lead as much to a reprieve for the sanction-hit industry as increased restrictions.
- Reuters31/10 Democratic lawmaker takes aim at Biden over TSMC chip in Huawei product, document shows
-Democratic Senator Mark Warner criticized the Biden administration for "apparent lax monitoring" of TSMC following revelations a chip produced by the Taiwanese chipmaker ended up in a product made by China's heavily sanctioned Huawei.
- Reuters29/10 The rise and decline of Intel
-Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence.
- Reuters26/10 TSMC suspended shipments to China firm after chip found on Huawei processor, sources say
-Huawei is restricted from buying the technology to protect U.S. national security.
- Reuters23/10 Rain batters India's Bengaluru, renews haphazard expansion concerns
-Schools were shut and people worked from home in India's tech hub of Bengaluru on Wednesday after the heaviest rains in nearly three decades again brought the city to a standstill.
- Reuters22/10 Exclusive: TSMC told US of chip in Huawei product after TechInsights finding, source says
-Taiwan Semiconductor Manufacturing Company notified the U.S. that one of its chips had been found in a Huawei product after tech research firm TechInsights took apart the product and revealed a possible violation of export restrictions on the Chinese company, according to a person familiar with the matter.
- Reuters11/09 Exclusive: Samsung Electronics plans global job cuts of up to 30% in some divisions
-Samsung Electronics , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.
- Reuters11/09 How AI features of iPhone and rival smartphones stack up
-Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global smartphone makers turn to generative AI to encourage customers to upgrade.
- Reuters11/09 Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned
-Huawei's new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple despite U.S. sanctions - even if many are balking at the phone's $2,800 price tag.
- Reuters10/09 Apple's AI gap in new iPhones disappoints China users as Huawei threat looms
-Apple's new iPhone launch drew scorn on Tuesday for its lack of artificial intelligence features in China, a challenge for the U.S. giant as it battles growing competition from Huawei Technologies (HWT.UL) in the world's largest smartphone market.
- Reuters10/09 Huawei teases tri-fold smartphone, raising competition with Apple in China
-China's Huawei Technologies (HWT.UL) unveils a three-way foldable phone on Tuesday, as it seeks to widen its lead over Apple in the world's biggest smartphone market with a new form factor that has gained popularity in the China market.
- Reuters09/09 Huawei racks up 3 mln pre-orders for tri-fold phone before Apple's iPhone 16 reveal
-Chinese tech giant Huawei has garnered more than 3 million pre-orders for its triple-folding smartphone, its website showed on Monday, which comes just hours before Apple's debut of its new generation of iPhones.
- Reuters06/09 Broadcom shares slump as revenue target fails to impress investors counting on AI boost
-Broadcom's shares closed down 10% on Friday after the chipmaker's tepid revenue forecast spooked investors betting on robust demand for AI chips to drive strong growth.
- Reuters05/09 Nokia signs fibre deal with AT&T after losing network contract to Ericsson
-U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a fibre network in the U.S., the Finnish company said on Tuesday.
- Reuters27/08 China's BYD to use Huawei's advanced autonomous driving system in off-road EVs
-Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei (HWT.UL) to use the Chinese tech conglomerate's advanced autonomous driving system in its off-road Fangchengbao EVs, Huawei said on Tuesday.
- Reuters15/08 Cisco to cut 7% of jobs globally, forecasts better-than-expected quarterly revenue
-Cisco Systems forecast better-than-expected first-quarter revenue on Wednesday and said it was cutting 7% of its global workforce as it shifts focus to high-growth areas, sending its shares up 5% in extended trading.
- Reuters09/08 Exclusive: Cisco to lay off thousands more in second job cut this year, sources say
-Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.
- Reuters08/08 Nokia and Swisscom to deploy drone service across Switzerland
-Nokia has partnered up with Swisscom to deploy a drones network across Switzerland to improve emergency responses and infrastructure inspection, they said in a joint statement on Thursday.
- Reuters03/08 Intel shares slump 26% as turnaround struggle deepens
-Intel shares sank 26% on Friday in their worst day since 1974 after the chip manufacturer suspended its dividend and slashed its workforce to fund a costly turnaround after losing its once-dominant global position.
- Reuters12/07 NATO summit highlights defense deals for RTX, Boeing and others
-The NATO summit in Washington showcased a series of significant deals for top U.S. defense companies and others, including RTX , Lockheed Martin , Boeing , Norway's Kongsberg Defense and Sweden's SAAB .
- Reuters10/07 Germany in deal to cut Huawei's role in 5G wireless network, sources say
-The German government and mobile phone carriers have agreed in principle on steps to phase components by Chinese technology companies out of the nation's 5G wireless network over the next five years, two people familiar with the matter told Reuters on Wednesday.
- Reuters09/07 Exclusive: KKR to cut stake in Japan chip tool maker Kokusai Electric, sources say
-Private equity firm KKR plans to cut its stake in Kokusai Electric , two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker.
- Reuters03/07 Biden revoked 8 licenses for China's Huawei in 2024, document shows
-The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported by Reuters, as it seeks to pressure the resurgent company.
- Reuters02/07 Echoes of dotcom bubble haunt AI-driven US stock market
-A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology.
- Reuters28/06 Toyota to launch first EV with advanced self driving system for China in 2025
-Toyota is planning to launch the first electric car model equipped with an advanced autonomous driving system similar to Tesla's Full Self-Driving for the Chinese market next year, one of its Chinese joint ventures said.
- Reuters28/06 Huawei's Harmony aims to end China's reliance on Windows, Android
-Packed into a small room, a drone, bipedal robot, supermarket checkout and other devices showcase a vision of China's software future - one where an operating system developed by national champion Huawei has replaced Windows and Android.
- Reuters27/06 Nokia to acquire Infinera in $2.3 billion deal to scale up optical network
-Nokia will acquire Infinera Corp in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical network business, especially in the North American market.
- Reuters24/06 Microsoft-G42 deal positive because it cut Huawei ties, White House official says
-Microsoft's deal to invest $1.5 billion in artificial intelligence firm G42 is "generally a positive development" because it forced the United Arab Emirates-based company to sever ties to China's Huawei, a White House official said on Monday.
- Reuters21/06 Huawei says it has made huge strides, from operating systems to AI
-China's Huawei Technologies (HWT.UL) said on Friday it had made breakthroughs in fields from operating systems to artificial intelligence, and that it had taken the company 10 years to do what the United States and Europe took 30 years to achieve.
- Reuters20/06 Tencent's 'Dungeon & Fighter' game pulled from some Android app stores
-Tencent is removing from Thursday its hit mobile game "Dungeon & Fighter" (DnF Mobile) from selected Android app stores as its contracts have expired, the company said.
- Reuters19/06 US wants Netherlands, Japan to further restrict chipmaking equipment to China
-A U.S. official was heading to Japan after meeting with the Dutch government to urge the allies to further restrict China's ability to produce cutting-edge semiconductors, two people familiar with the matter told Reuters.
- Reuters19/06 UK probes Hewlett Packard Enterprise's $14 bln deal for Juniper Networks
-Britain's competition regulator said on Wednesday it was investigating whether Hewlett Packard Enterprise's planned $14 billion acquisition of Juniper Networks would result in competition concerns in the country.
- Reuters07/06 US Appeals Court to hear net neutrality legal challenges
-The U.S. 6th Circuit Court of Appeals will hear a series of industry legal challenges seeking to block the Biden administration's reinstatement of landmark net neutrality rules set to take effect on July 22, according to an order Thursday.
- Reuters05/06 Exclusive: Chinese AI chip firms downgrading designs to secure TSMC production
-Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of U.S. sanctions, four people with knowledge of the matter said.
- Reuters04/06 China gives first approvals for public trials of advanced autonomous driving
-China has granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to accelerate adoption of self-driving cars.
- Reuters30/05 Exclusive: Tesla makes push to roll out advanced FSD self-driving in China
-Tesla is preparing to register its 'Full Self-Driving' software with authorities in China in the run up to its planned rollout of the technologically advanced feature this year, three people with knowledge of the matter said.
- Reuters29/05 Musk's Starlink back up after brief outage
-Elon Musk's Starlink, the satellite unit of SpaceX, is back up after an outage that affected thousands of users, the company said on Tuesday.
- Reuters27/05 Exclusive: Nokia to supply 5G radio equipment to Portugal's MEO, sources say
-Nokia is set to win a contract to supply 5G radio equipment to Portuguese telecoms operator MEO, according to an internal Nokia blog post and two sources familiar with the matter.
- Reuters25/05 Zimbabwe approves licensing of Musk's Starlink internet service
-Zimbabwe's telecom regulator has approved the licensing of Elon Musk's Starlink, allowing the satellite unit of SpaceX to operate in the southern African country, President Emmerson Mnangagwa said on Saturday.
- Reuters24/05 Exclusive: Nvidia cuts China prices in Huawei chip fight, sources say
-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, according to sources familiar with the matter.
- Reuters23/05 As questions grow for Germany, investors warm to France
-For 65 years German electrical components maker Hager has straddled the Rhine with sites on either side, but lately the family-owned group has plumped for the French side to host its expansion plans.
- Reuters20/05 Apple slashes iPhone prices in China amid fierce Huawei competition
-Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.
- Reuters19/05 Musk arrives in Indonesia's Bali for planned Starlink launch
-Tycoon Elon Musk arrived on the Indonesian island of Bali on Sunday ahead of the planned launch of SpaceX's Starlink internet service, which the Indonesian government hopes will boost internet penetration and health services in remote parts of the sprawling archipelago.
- Reuters17/05 Ukrainian strike on Crimea airbase destroys three Russian warplanes, satellite firm says
-A long-range Ukrainian strike on the Moscow-controlled Belbek airbase in occupied Crimea destroyed three Russian warplanes and a fuel facility near its main runway this week, U.S. commercial satellite company Maxar said.
- Reuters16/05 Cisco rises as networking equipment demand rebound takes root
-Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $28 billion deal for cybersecurity firm Splunk.
- Reuters16/05 US to issue rules on Chinese connected vehicles this autumn
-U.S. Commerce Secretary Gina Raimondo said on Wednesday that her department plans to issue proposed rules on Chinese connected vehicles this autumn, citing national security risks to the data of Americans.
- Reuters15/05 Chinese firms make headway in producing high bandwidth memory for AI chipsets
-Two Chinese chipmakers are in the early stages of producing high bandwidth memory (HBM) semiconductors used in artificial intelligence chipsets, according to sources and documents.
- Reuters15/05 Huawei flagship store surge in China signals showdown with Apple
-Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone's throw away from Apple shops, as it seeks to retake the premium electronics throne in the world's biggest smartphone market.
- Reuters11/05 Microsoft hit with $242 million US verdict in Cortana patent lawsuit
-Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft's Cortana virtual-assistant software infringed an IPA patent.
- Reuters11/05 Wall St Week Ahead Earnings bolster US stocks but crucial inflation report looms
-A strong earnings season and blockbuster reports from tech industry titans fueled a U.S. stock market rebound from the first real swoon of 2024. Next week’s inflation data could determine whether the good vibes continue.
- Reuters09/05 What is in Huawei's new Pura 70 smartphones
-Huawei's new high-end Pura 70 smartphone series quickly sold out after it was launched last month with analysts touting it as another Apple iPhone challenger and adding to signs of how the Chinese firm is beating back against U.S. curbs.
- Reuters09/05 Exclusive: Huawei's new phone uses more China-made parts, memory chip
-Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency.
- Reuters08/05 Intel, Qualcomm say exports to China blocked as Beijing objects
-Intel said its sales would take a hit on Wednesday after the U.S. revoked some of the chipmaker's export licenses for China, in a move Beijing complained was going too far in the name of national security.
- Reuters08/05 Exclusive: Amazon breaks into Europe 5G networks with Telefonica cloud deal
-Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month, company executives told Reuters, in a bold move by the U.S. online retailer to break into the global telecoms market.
- Reuters07/05 US revokes some export licenses for China's Huawei
-The U.S. on Tuesday said it revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies.
- Reuters03/05 More funds needed for US telecoms to remove Chinese equipment, says FCC
-The Federal Communications Commission (FCC) said on Thursday nearly 40% of U.S. telecom companies getting federal support need additional government funding to remove equipment made by Chinese telecoms firms Huawei and ZTE from American wireless networks to address security risks.
- Reuters01/05 US moves to bar Huawei, other Chinese telecoms from certifying wireless equipment
-The Federal Communications Commission is moving to prevent Huawei, ZTE and other foreign companies deemed to pose U.S. national security concerns from certifying wireless equipment, officials told Reuters on Wednesday.
- Reuters30/04 India 'shocked' as Musk's surprise China visit leaves them spurned
-Elon Musk's surprise visit to China this week won concessions for Tesla but left India feeling spurned after he cancelled a scheduled trip there for earlier this month, with Indian commentators calling the move a snub.
- Reuters30/04 Tesla's self-driving bid for China faces rivals racing ahead
-If Tesla succeeds in bringing its "Full Self-Driving" system to China, the world's largest car market, the U.S. electric-car pioneer will be shifting into the fast lane of the global race toward autonomous vehicles.
- Reuters29/04 China crash involving Huawei-backed Aito electric vehicle kills three
-Three people, including a two-year old boy, died after a Huawei-backed Aito M7 SUV burst into flames following a crash with a truck on a highway in the Chinese city of Yuncheng in the northern province of Shanxi, state media said.
- Reuters29/04 Beijing auto show: Themes and highlights
-China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back.
- Reuters27/04 U.S. chip bans not meant to hobble China's growth, Blinken says
-U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday.
- Reuters26/04 Huawei's smart car tech offers automakers route to China sales
-It's taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show.
- Reuters25/04 US agency to vote to restore net neutrality rules
-The U.S. Federal Communications Commission will vote Thursday to reinstate landmark net neutrality rules and assume new regulatory oversight of broadband internet rescinded under former President Donald Trump.
- Reuters25/04 Apple loses top spot in China market with shipments down 6.6% in Q1, data shows
-Apple lost its crown as China's biggest smartphone seller in the first quarter of 2024 as its smartphone shipments fell 6.6% from a year ago amid intense competition, preliminary data from research firm IDC showed on Thursday.
- Reuters24/04 China's EV survival game creates peril - and power
-By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China.
- Reuters24/04 China's Huawei launches new software brand for intelligent driving
-Chinese tech company Huawei (HWT.UL) unveiled on Wednesday a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry.
- Reuters23/04 Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%
-Apple's smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's (HWT.UL) grew by 69.1%, signaling an increasing threat to the U.S. firm's dominance in the high-end segment of the world's largest smartphone market.
- Reuters22/04 Hedge fund industry reaches $4.3 trillion milestone in first quarter
-The global hedge fund industry ended the first quarter with a record $4.3 trillion in assets, data provider HFR said on Monday.
- Reuters22/04 US commerce secretary downplays chip in advanced Huawei phone
-The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working.
- Reuters18/04 Huawei starts sales of new Pura 70 smartphone to crowds amid chips scrutiny
-Chinese technology giant Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series on Thursday that many analysts expect to contain an advanced China-made chip like its Mate 60 handset.
- Reuters18/04 Nokia joins Ericsson in forecasting stronger second half
-Finnish telecom gear maker Nokia reported on Thursday a smaller-than-expected rise in quarterly profit as sales tumbled because operators bought less 5G technology, but said it expected a sales pick-up this year.
- Reuters17/04 ANALYSIS Chinese firms' fundraisings in limbo as IPOs scrutinised at home and abroad
-Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the floundering economy's recovery.
- Reuters13/04 US lawmakers angry after Huawei unveils laptop with new Intel AI chip
-Republican U.S. lawmakers on Friday criticized the Biden administration after sanctioned Chinese telecoms equipment giant Huawei unveiled a laptop this week powered by an Intel AI chip.
- Reuters12/04 Huawei teases launch of new smartphone, high-end model anticipated
-Chinese tech giant Huawei (HWT.UL) has started allowing customers to register their interest in an upcoming smartphone model it has yet to describe, stoking anticipation that the latest version of its high-end P series phones is on its way.
- Reuters12/04 Between the US and a hard place, Germany's Scholz reheats China ties
-Last year Germany launched a strategy to "de-risk" from China, but on Saturday Chancellor Olaf Scholz starts a high-stakes visit there hoping to shore up ties at a delicate point with the U.S. and EU threatening to hammer Chinese goods in subsidy rows.
- Reuters09/04 Boeing crisis: How mid-air blowout could imperil DOJ crash agreement from 2021
-U.S. authorities are facing fresh pressure from families of the victims of two fatal Boeing 737 MAX crashes to criminally prosecute the aerospace company following a January mid-air blowout that exposed ongoing safety issues.
- Reuters05/04 US, EU eye Chinese legacy chips in renewed semiconductor accord
-The United States and the European Union committed to extend by three years their cooperation on identifying disruptions in the semiconductor sector, with a particular emphasis on mainstream "legacy" chips from China.
- Reuters04/04 US criminal case against Huawei heads toward 2026 trial
-The U.S. Justice Department's criminal case accusing China's Huawei of misleading banks about the tech company's business in Iran, among other charges, is heading toward a January 2026 trial.
- Reuters04/04 Exclusive: U.S. to urge Dutch for more curbs on ASML chipmaking equipment in China, sources say
-The Biden administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the matter said, as the U.S. leans on allies in its bid to hobble Beijing's tech sector.
- Reuters03/04 FCC to vote to restore net neutrality rules, reversing Trump
-The U.S. Federal Communications Commission will vote to reinstate landmark net neutrality rules and assume new regulatory oversight of broadband internet that was rescinded under former President Donald Trump, the agency's chair said.
- Reuters02/04 US, Canadian companies kick off 2024 with layoffs
-Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs.
- Reuters30/03 Huawei says Chery's Luxeed S7 premium EV starts mass delivery
-The Luxeed S7 electric sedan, developed by Chinese tech giant Huawei and Chery Auto, has started mass delivery after a shortage of semiconductors and production issues delayed production and delivery, a Huawei executive said on Saturday.
- Reuters29/03 China's Huawei continues rebound with strongest earnings growth since 2019
-China's Huawei Technologies (HWT.UL) saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from U.S. sanctions.
- Reuters27/03 European companies cut jobs as economy sputters
-The highest inflation for decades and the impact of war in Ukraine have forced companies across Europe into layoffs or hiring freezes.
- Reuters20/03 Apple boss Tim Cook visits Shanghai, with China sales under pressure
-Apple CEO Tim Cook said he is currently visiting Shanghai, according to a post on his Weibo account on Wednesday.
- Reuters19/03 IPO-bound Reddit discloses patent infringement complaint from Nokia
-Reddit is evaluating a letter from Nokia Technologies alleging it infringed some of the telecom and cloud network firm's patents, the social media platform said on Tuesday, ahead of its high-profile initial public offering (IPO) this week.
- Reuters16/03 Huawei says Chery's Luxeed S7 delays will be resolved in April
-Huawei said that a shortage of semiconductors and factory relocation issues that had delayed production and deliveries of its Luxeed S7 sedan should be resolved from next month, local media outlet Cailianshe reported on Saturday.
- Reuters15/03 US agency probes risks of foreign satellite use by handheld devices
-The Federal Communications Commission said Thursday it is investigating if the use of Russian and Chinese foreign satellite systems by U.S. mobile phones and other devices poses security threats.
- Reuters12/03 Intel survived bid to halt millions in sales to China's Huawei, sources say
-Intel has survived an effort to halt hundreds of millions of dollars' worth of chip sales to Huawei, two people familiar with the matter said, giving one of the world's largest chipmakers more time to sell to the heavily sanctioned Chinese telecoms company.
- Reuters05/03 Apple China iPhone sales plunge 24% as Huawei's popularity surges
-Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei (HWT.UL).
- Reuters01/03 The politics and economics behind Biden's China-car espionage probe
-President Joe Biden, vowing to "do right by U.S. auto workers," launched an investigation this week into whether Chinese-made vehicles could be used to spy on Americans, a far-off threat given the few such cars on U.S. roads now.
- Reuters01/03 Breakingviews - European telcos’ new deal hopes face reality check
-European telecom operators are calling for a “new deal”. Executives gathered at their annual shindig in Barcelona this week to plead for regulators and governments to show a little understanding for an industry plagued by low growth, high costs and demands for major capital expenditures amid permanent technological change. Policymakers are unlikely to grant their wishes any time soon. In the meant
- Reuters01/03 US to probe if Chinese cars pose national data security risks
-The United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restrictions due to concerns about "connected" car technology, the White House said on Thursday.
- Reuters29/02 Breakingviews - Apple picks a better road to AI dominance
-Apple’s car project has run out of road. The $2.8 trillion maker of iPhones has ended its decade-long electric-vehicle effort internally dubbed Project Titan, Bloomberg reported on Tuesday. That relinquishes a shot at a huge market. But the business of cars is increasingly cutthroat, and mostly held value as a way to capture customer data and attention. Apple has better ways to get to the same pla
- Reuters28/02 Splunk beats quarterly revenue estimates on steady demand for cloud services
-Data analytics software maker Splunk topped Wall Street estimates for fourth-quarter revenue and profit on Tuesday, bolstered by strong demand for its cybersecurity software and cloud solutions. Splunk provides a broad range of data security applications for businesses and analysts consider them among the best at ingesting, monitoring and analyzing machine data.
- Reuters23/02 Nvidia identifies Huawei as top competitor for the first time in filing
-Nvidia identified Huawei as a top competitor in several categories, including artificial intelligence chips, for the first time in a filing with the Securities and Exchange commission late Wednesday.
- Reuters21/02 Exclusive: US targets China's top chipmaking plant after Huawei Mate 60 Pro, sources say
-The Biden administration is turning up the heat on China's top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for Huawei's Mate 60 Pro phone, three people familiar with the matter said.
- Reuters14/02 Cisco to lay off 5% of workforce, cuts annual revenue forecast
-Networking equipment maker Cisco Systems said on Wednesday it would cut 5% of its global workforce to focus on high-growth areas such as artificial intelligence and software, adding to thousands of job cuts by tech firms since last year.
- Reuters14/02 Nokia unveils AI assistant for industrial workers
-Technology company Nokia on Wednesday unveiled an AI-powered tool that generates messages for industrial workers, including warnings about faulty machinery based on real-time data and recommended ways to boost factory output.
- Reuters11/02 SAP board chair designate to resign, Ala-Pietila nominated as successor
-German software company SAP has nominated Finnish businessman Pekka Ala-Pietila to stand for election as chair of its supervisory board after current chair designate Punit Renjen decided to resign, SAP said on Sunday.
- Reuters09/02 Exclusive: Cisco to cut thousands of jobs as it seeks to focus on high growth areas -sources
-Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar with the matter.
- Reuters09/02 Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources
-Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence processors, according to nine sources familiar with the company's plans.
- Reuters08/02 Motorola Solutions falls on weak full-year profit forecast
-Motorola Solutions forecast full-year adjusted profit below expectations on Thursday, taking the sheen off strong results and additional stock buyback, sending its shares down 5% in choppy trading after the bell.
- Reuters08/02 US says leading AI companies join safety consortium to address risks
-The Biden administration on Thursday said leading artificial intelligence companies are among more than 200 entities joining a new U.S. consortium to support the safe development and deployment of generative AI.
- Reuters05/02 AI chip demand forces Huawei to slow smartphone production - sources
-Soaring appetite for Huawei's AI chips coupled with manufacturing constraints has forced the Chinese tech giant to prioritise AI and slow production for its premium Mate 60 phones.
- Reuters05/02 Nokia signs 5G patent deal with China's Vivo
-Finnish telecom equipment maker Nokia said on Monday it has signed a multi-year 5G patent license agreement with Chinese smartphone vendor Vivo and will begin recognising net sales from the deal in the first quarter of 2024.
- Reuters02/02 Apple's China sales tumble highlights waning clout as local brands gain
-Apple's weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market.
- Reuters01/02 Exclusive: Nvidia's new China-focused AI chip set to be sold at similar price to Huawei product
-Nvidia has started taking pre-orders for a new China-specific artificial intelligence (AI) chip from distributors who are pricing it on par with a rival product from Huawei, sources familiar with the matter said.
- Reuters25/01 Nokia Q4 operating profit down 27%, beats forecast on margin boost
-Finnish telecom equipment supplier Nokia on Thursday reported a 27% drop in fourth-quarter operating profit, hurt by lower demand for 5G gear across North America and a slowdown in markets such as India, but still beat expectations.
- Reuters25/01 Apple's iPhone shipments in China drop 2% in Q4 as Huawei grows market share
-Apple's smartphone shipments in China shrank 2.1% in the final quarter of 2023 from the same year-ago period, hurt by intensifying competition from local rivals led by Huawei, data from research firm IDC showed on Thursday.
- Reuters24/01 AT&T's race with cable, equipment writedown hurt annual profit forecast
-AT&T forecast annual profit below market expectations on Wednesday as the U.S. carrier grapples with tough competition from cable operators and lowers the value of some of its old equipment, sending shares down nearly 3% in premarket trading.
- Reuters24/01 Nokia and China's Oppo resolve disputes through cross-license deal
-Finnish telecom gear maker Nokia said on Wednesday it had signed a 5G patent cross-licensing deal with Chinese device maker Oppo that resolves patent litigation between the companies.
- Reuters23/01 Ericsson Q4 earnings beat forecast, warns of market decline in 2024
-Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the telecom equipment supplier increased its margin in a market where demand for 5G gear is growing slowly.
- Reuters15/01 Apple offers iPhone 15 at rare discount in China as competition intensifies
-Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market.
- Reuters11/01 Italy regulator tightens rules on influencers after Ferragni scandal
-Italy's communications authority AGCOM has approved stringent new rules to improve transparency on social media posts made by celebrities with mass online audiences.
- Reuters10/01 HPE to acquire Juniper Networks in $14 bln deal
-Hewlett Packard Enterprise will buy networking gear maker Juniper Networks in a deal valued at $14 billion to accelerate its AI-driven innovation.
- Reuters09/01 Juniper soars on reports Hewlett Packard Enterprise close to $13 bln deal
-Juniper Networks' shares climbed nearly 21% on Tuesday after reports Hewlett Packard Enterprise was nearing a $13 billion deal for the networking gear maker to capitalize on the boom in artificial intelligence.
- Reuters09/01 Hewlett Packard Enterprise nears $13 bln deal to buy Juniper Networks - source
-Hewlett Packard Enterprise is in talks to buy Juniper Networks in a deal valuing the network gear maker at about $13 billion, a person familiar with the matter told Reuters on Monday.
- Reuters08/01 Nvidia to launch China-focused AI chip in Q2 2024 - sources
-U.S. chipmaker Nvidia plans to begin mass production in the second quarter of 2024 of an artificial intelligence (AI) chip it designed for China to comply with U.S. export rules, two people familiar with the matter said on Monday.
- Reuters03/01 Montana appealing ruling that blocked state from barring TikTok use
-Montana said on Tuesday it was appealing a decision by a U.S. judge in November to block Montana's first-of-its kind state ban on the use of short-video sharing app TikTok.
- Reuters05/12 AT&T chooses Ericsson for new US telecom network, will drop Nokia
-AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a milestone for the new technology.
- Reuters04/12 AT&T bets on new technology to build US telecom network
-AT&T said on Monday it plans to use so-called ORAN technology for 70% of its wireless network traffic in the United States by late 2026 and will move from two telecom vendors to one.
- Reuters02/12 Breakingviews - AI investments carry whiff of vicious circles past
-There is danger embedded in the way generative AI investments are structured, just like there was with the spread of communications networks in the '90s, Anita Ramaswamy and Robert Cyran write.
- Reuters01/12 US judge blocks Montana from banning TikTok use in state
-A U.S. judge late on Thursday blocked Montana's first-of-its kind state ban on the use of short-video sharing app TikTok from taking effect on Jan. 1.
- Reuters29/11 Exclusive: Huawei's new smart car firm valued up to $35 bln amid advanced stake talks -sources
-Huawei Technologies' (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto, three people with knowledge of the matter said.
- Reuters26/11 China's Huawei, Changan Auto to form joint auto systems venture
-Huawei (HWT.UL) has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, according to a Sunday filing on the Shenzhen Stock Exchange.
- Reuters23/11 Businesses, tech groups warn EU against over-regulating AI foundation models
-Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI rules as this could kill nascent start-ups or drive them out of the region.
- Reuters16/11 US wraps up antitrust case against Google in historic trial
-The U.S. government went back to basics in arguments against Alphabet's Google on Thursday, wrapping up the evidentiary phase of a court battle in which it has accused the online search leader of breaking antitrust law with its tactics.
- Reuters16/11 Wall St rally takes breather as Cisco, Walmart drop
-Recent data fueled hopes that the Fed was most likely done hiking rates
- Reuters08/11 Samsung, Qualcomm flag concerns with India's push for live TV on phones
-Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30, according to letters reviewed by Reuters.
- Reuters07/11 Exclusive: Baidu placed AI chip order from Huawei in shift away from Nvidia -sources
-Baidu ordered artificial intelligence chips from Huawei (HWT.UL) this year, two people familiar with the matter said, adding to signs that U.S. pressure is prompting Chinese acceptance of the firm's products as an alternative to Nvidia's.
- Reuters06/11 Musk's Starlink wins bid to roll out Mexico's rural satellite internet -documents
-Starlink, the satellite internet service of billionaire Elon Musk's rocket manufacturer SpaceX, has won a tender from Mexico's state energy firm to provide services through December 2026, according to documents seen by Reuters on Monday.
- Reuters06/11 Siemens, Ericsson warn EU cybersecurity rules may disrupt supply chains
-Electronics makers Siemens , Ericsson and Schneider Electric , along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic.
- Reuters06/11 Australia's Albanese retraces historic Beijing walk on visit to mend ties
-Albanese's visit is the first by an Australian leader since 2016.
- Reuters03/11 China iPhone sales strong, Apple tells investors as Huawei threat looms
-Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resurgent Huawei Technologies [RIC:RIC:HWT.UL] and other local smartphone makers.
- Reuters27/10 US-China tensions will slow global chip industry, TSMC founder says
-The founder of the world's biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will slow down the global chip industry.
- Reuters26/10 Insight: China rushes to swap Western tech with domestic options as U.S. cracks down
-China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.
- Reuters20/10 Analysis: US chip curbs give Huawei a chance to fill the Nvidia void in China
-U.S. measures to limit the export of advanced artificial intelligence (AI) chips to China may create an opening for Huawei Technologies [RIC:RIC:HWT.UL] to expand in its $7 billion home market as the curbs force Nvidia to retreat, analysts say.
- Reuters19/10 Nokia to cut up to 14,000 jobs after sales drop 20%
-Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost savings plan after third-quarter sales drop 20% due to slowing sales of 5G equipment in markets such as North America.
- Reuters12/10 Five things to know about the Google antitrust trial as it hits halfway mark
-The U.S. government is near the halfway mark in its court battle with Alphabet's Google, which it has accused of breaking antitrust law with the tactics it used to dominate online search and some aspects of advertising.
- Reuters11/10 Ericsson books $3 bln impairment, says Q3 core profit fell 39%
-Ericsson on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acquisition last year of Vonage, and said core profits fell in the third quarter as demand tumbled in North America.
- Reuters10/10 Utah sues TikTok over impact of app on children
-Utah sued Chinese-owned app TikTok on Tuesday, accusing it of harming children by intentionally keeping young users spending unhealthy amounts of time on the short-video sharing platform.
- Reuters06/10 Exclusive: US-China tech war: RISC-V chip technology emerges as new battleground
-In a new front in the U.S.-China tech war, President Joe Biden's administration is facing pressure from some lawmakers to restrict American companies from working on a freely available chip technology widely used in China - a move that could upend how the global technology industry collaborates across borders.
- Reuters06/10 Taiwan probes four firms accused of helping China's Huawei
-Taiwan's government has opened an investigation into four companies named in a media report as conducting business with firms linked to U.S.-sanctioned Huawei (HWT.UL) in China, and is considering tighter rules on key technologies.
- Reuters05/10 Novo Nordisk's Wegovy bonanza looms large in Denmark
-The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, Novo Nordisk , but also for its home country of Denmark.
- Reuters03/10 Nokia-brand owner HMD starts making 5G smartphones in Europe
-HMD Global, the licensee of Nokia-branded smartphones, has become the first major smartphone company to manufacture devices in Europe, with its first 5G model made in Hungary - aimed at customers keen on data security - now available for purchase.
- Reuters03/10 Apple enforces new check on apps in China as Beijing tightens oversight
-Apple has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store, joining local rivals years that had adopted the policy years earlier to meet tightening state regulations.
- Reuters29/09 Dealmakers see rebound after US activity buoys global M&A volumes
-Mergers and acquisitions activity globally showed few signs of improvement but a rebound in volumes in the United States - the world's biggest investment banking market - gave dealmakers hope of a sustained recovery in the near term.
- Reuters27/09 China enforces new filing rules on smartphone app stores
-China's cyberspace regulator on Wednesday released the first batch of mobile app stores that have completed filing business details to regulators as it enforces a new set of rules to expand oversight on mobile apps.
- Reuters26/09 Cisco's $28 billion Splunk deal may ignite software deal frenzy
-Cisco Systems' $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar acquisitions of software vendors with predictable subscription revenue, investment bankers and analysts say.
- Reuters25/09 Exclusive: Taliban weighs using U.S. mass surveillance plan, met with China's Huawei
-The Taliban are creating a large-scale camera surveillance network for Afghan cities that could involve repurposing a plan crafted by the Americans before their 2021 pullout, an interior ministry spokesman told Reuters, as authorities seek to supplement thousands of cameras already across the capital, Kabul.
- Reuters22/09 Apple's flagship Shanghai store buzzes as iPhone 15 goes on sale
-Over a hundred customers queued inside Apple's flagship store in the Chinese financial hub of Shanghai on Friday, waiting to pick up their iPhone 15 orders on the first day of in-store availability.
- Reuters21/09 Cisco beefs up cybersecurity play with $28 bln Splunk deal
-Cisco Systems on Thursday agreed to acquire cybersecurity company Splunk for about $28 billion, in its biggest acquisition ever that would bolster its network security business.
- Reuters20/09 WhatsApp adds rival in-app payment options in India commerce push
-WhatsApp said on Wednesday that it will offer credit card payments and services from rival digital payment providers within its app in India, the latest bet by the Meta-owned service to boost commerce offerings in its biggest market.
- Reuters20/09 US has no evidence Huawei can mass produce advanced smartphones
-The U.S. has no evidence that Chinese manufacturer Huawei can produce smartphones with advanced chips in large volume, U.S. Commerce Secretary Gina Raimondo said on Tuesday.
- Reuters20/09 Exclusive: Huawei unit ships Chinese-made surveillance chips in fresh comeback sign -sources
-A Huawei Technologies unit is shipping new Chinese-made chips for surveillance cameras in a fresh sign the Chinese tech giant is finding ways around four years of U.S. export controls, two sources briefed on the unit's efforts said.
- Reuters16/09 Verizon executive kicks off week two of US v Google antitrust trial
-The Justice Department's first witness when the government kicks off the second week of the Google antitrust trial will be a Verizon executive, who will likely face questions about agreements that the search and advertising giant reached with wireless carriers to be the default on their smartphones.
- Reuters13/09 Chinese consumers cheer Apple's iPhone 15, others prefer Huawei
-Apple's iPhone 15 drew mixed reactions in its third largest market of China on Wednesday, with many online users liking its faster chip and improved gaming capabilities while others preferred Huawei's new smartphone.
- Reuters11/09 Transport strike hits India's Silicon Valley
-Thousands of Uber and Ola call service taxis stayed off the roads of Bengaluru on Monday during a larger transport strike, affecting commuters, including school students and office workers, in India's Silicon Valley city.
- Reuters08/09 What does Huawei’s new phone series mean for Apple in China?
-A new series of smartphones launched by China's Huawei Technologies (HWT.UL) has drawn global attention for containing technology that indicates the company has managed to overcome U.S. sanctions and could come back as a rival to Apple
- Reuters08/09 Apple suppliers slide on China anxiety, threat from Huawei
-China's widening curbs on iPhone use by government staff intensified a sell-off in global tech stocks on Friday, fanning fears that Apple and its suppliers could take a hit from rising Sino-U.S. tensions and growing competition from Huawei.
- Reuters07/09 Huawei's new smartphone uses more China-made parts than previous models, TechInsights says
-Huawei Technologies' new high-end smartphone contains more China-made chip components than previous models in a sign of Beijing's advances in the semiconductor sphere, according to research firm TechInsights, which is taking the device apart.
- Reuters06/09 US lawmaker calls for ending Huawei, SMIC exports after chip breakthrough
-The U.S. Commerce Department should end all technology exports to Huawei and China's top semiconductor firm following the discovery of new chips in Huawei phones that may violate trade restrictions, the chair of the House of Representatives' committee on China said on Wednesday.
- Reuters05/09 Huawei's new chip breakthrough likely to trigger closer US scrutiny, analysts say
-Huawei Technologies' breakthrough in making an advanced chip underscores China's determination and capacity for fighting back against U.S. sanctions, but the efforts are likely very costly and could prompt Washington to tighten curbs, analysts said.
- Reuters04/09 Teardown of Huawei's new phone shows China's chip breakthrough
-Huawei Technologies and China's top chipmaker SMIC have built an advanced 7-nanometer processor to power its latest smartphone, according to a teardown report by analysis firm TechInsights.
- Reuters04/09 Tencent, others begin enforcing China's new oversight move on apps
-Mobile app stores in China run by Tencent Holdings , Xiaomi and others have started to bar app publishers from launching new apps if they do not make all the disclosures required by authorities, documents seen by Reuters showed.
- Reuters01/09 Huawei and Alibaba among companies seeking Chinese deepfake approvals
-China's cyberspace regulator has received 110 applications from Chinese technology companies such as Huawei (HWT.UL) and Alibaba for approvals related to models that can be used to manipulate visual and audio data.
- Reuters01/09 Has Huawei overcome U.S. sanctions by developing its own 5G chip?
-The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies (HWT.UL) has triggered an international guessing game over what is inside it.
- Reuters21/08 China's Honor stages India return with local manufacturing plans in early 2024
-Chinese smartphone brand Honor will relaunch in India through a licensing deal with a local company and is aiming to start domestic manufacturing by early next year, its country head told Reuters.
- Reuters21/08 As Indonesia pushes EV dream, car shoppers stay cautious
-Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia's largest auto market, but buyers are not sold yet.
- Reuters17/08 S&P 500, Dow gain on boost from Cisco; investors assess Fed minutes
-The S&P 500 and Dow rose on Thursday after upbeat results from Cisco, while investors assessed minutes of the U.S. Federal Reserve's last policy meeting which showed most officials held a hawkish view on interest rates.
- Reuters08/08 Two US lawmakers raise security concerns about Chinese cellular modules
-Two U.S. lawmakers on Tuesday asked the Federal Communications Commission (FCC) to address questions about potential security concerns involving cellular modules made by Chinese companies including Quectel and Fibocom Wireless .
- Reuters04/08 Judge allows key US antitrust Google search claims to go to trial
-A U.S. judge hearing the Justice Department's antitrust lawsuit accusing Google of unlawfully maintaining monopolies in the internet search market let stand key claims made by the federal government.
- Reuters01/08 Foxconn Industrial Internet denies signing deal with Tamil Nadu -report
-A subsidiary of tech giant Foxconn said that it had not signed any agreement to invest 16 billion rupees ($194.6 million) in Tamil Nadu, China's Securities Times reported on Tuesday.
- Reuters31/07 Morning Bid: Wall St shines, China misses again
-A look at the day ahead in U.S. and global markets from Mike Dolan:
- Reuters25/07 Intel, Ericsson to work together on custom 5G chip
-Intel Corp on Tuesday said that it will work with Swedish telecommunications gear maker Ericsson to make a custom chip for Ericsson's 5G networking gear, using the most advanced manufacturing technology Intel has disclosed.
- Reuters21/07 Ericsson investigates reports of Iraq revoking work permits
-Ericsson is investigating reports Baghdad has suspended employees' work permits in Iraq and the potential implications for customers and staff in the country, the Swedish telecom gear company said on Friday.
- Reuters18/07 White House partners with Amazon, Google, Best Buy to secure devices from cyberattacks
-The White House on Tuesday along with companies such as Amazon.com Inc , Alphabet's Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks.
- Reuters12/07 Wall St rallies as inflation cools in June
-Wall Street rallied on Wednesday, led by gains in rate-sensitive megacap growth stocks after data showed inflation cooled further in June and boosted hopes that the Federal Reserve was nearing the end of its monetary tightening cycle.
- Reuters12/07 China's Huawei poised to overcome US ban with return of 5G phones - research firms
-China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a U.S. ban on equipment sales decimated its consumer electronics business.
- Reuters11/07 China, Solomon Islands sign policing pact in upgrade of ties
-China and the Solomon Islands on Monday signed a deal on police cooperation as part of an upgrade of their relations to a "comprehensive strategic partnership", four years after the Pacific nation switched ties from Taiwan to China.
- Reuters05/07 UN recruits robots in strive to meet global development goals
-Dozens of robots, including several humanoid ones, will take centre stage at a conference organised by the U.N. technology agency in Switzerland this week to showcase their potential to help it reach a series of increasingly improbable global goals.
- Reuters28/06 US considering new restrictions on AI chip exports to China - WSJ
-The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
- Reuters16/06 China firmly opposes Huawei ban by some EU countries
-China firmly opposes some EU countries' ban on Huawei and said the European Commission has no legal basis nor factual evidence to prohibit the Chinese telecom giant, a Chinese foreign ministry spokesperson said on Friday.
- Reuters25/04 Exclusive: EU tweaks draft patent rules making it easier for patent holders to sue
-The European Commission has tweaked draft patent rules to make it easier for patent holders to sue companies over royalty disputes following criticism that an earlier draft favoured users while restricting patent owners from seeking injunctions.
- Reuters20/04 Huawei launches in-house software system after being cut off from US services
-China's Huawei Technologies (HWT.UL) said on Thursday it is replacing internal software management systems it once sourced from U.S. vendors with its own in-house version, hailing it as a victory over U.S. curbs that once threatened its survival.
- Reuters20/04 Nokia profit misses forecast, expects stronger second half
-Nokia on Thursday reported operating profit below market expectations for the first quarter and the Finnish company said it was seeing signs of customer spending slowing down.
- Reuters19/04 Seagate to pay $300 million penalty for shipping Huawei 7 million hard drives
-Seagate Technology Holdings has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of U.S. export control laws, the U.S. Department of Commerce said on Wednesday.
- Reuters15/04 Lula courts Chinese tech for Brazil, brushes off "prejudices"
-Brazilian President Luiz Inacio Lula da Silva on Friday defended his country's pursuit of Chinese communication and semiconductor technology, brushing off security concerns from Western nations led by the United States.
- Reuters06/04 Exclusive: China plans $500 mln subsea internet cable to rival U.S.-backed project
-Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric of the internet.
- Reuters01/04 China's Huawei partners with more automakers to produce Aito EVs
-China's Huawei Technologies (HWT.UL) is partnering with more legacy automakers to produce Aito-branded electric cars, the company's senior executive said on Saturday, in a move to expand its presence in the auto industry.
- Reuters28/03 Exclusive: EU patent body to oversee tech-standard patent royalties -EU draft rule
-The European Union patent body will oversee a new process to set fair royalties on patents for technologies widely used in products like cellphones, according to a draft EU regulation that seeks to reduce litigation over royalty disputes.
- Reuters24/03 Huawei makes breakthroughs in design tools for 14nm chips -media
-Huawei Technologies Co Ltd (HWT.UL) has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometre technology, Caijing reported on Friday, citing a speech by a senior executive.
- Reuters18/03 Huawei has replaced thousands of U.S.-banned parts in its products, founder says
-Huawei Technologies Co Ltd's (HWT.UL) founder said that the company has replaced more than 13,000 parts in its products that were hit by U.S. trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university.
- Reuters14/03 Factbox: Which companies are affected by SVB collapse?
-Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout.
- Reuters07/03 Germany set to ban China's Huawei, ZTE from parts of 5G networks -source
-Germany plans to ban telecoms operators from using certain components made by Chinese companies Huawei and ZTE in 5G networks, a government source said, in a potentially significant move to address security concerns.
- Reuters04/03 Exclusive: Nvidia's plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft
-U.S. chipmaker Nvidia Corp's plans to sell technology to China's Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company, a draft report by a government contractor shows.
- Reuters01/03 Biden admin grilled over $23 bln in licenses for blacklisted Chinese firms
-The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a Republican lawmaker said on Tuesday.
- Reuters27/02 Barcelona taxi restrictions relaxed for world's biggest telecoms conference
-Catalonia's regional government is addressing the problem of long queues for taxis at the world's biggest telecoms conference, which starts in Barcelona on Monday, by relaxing restrictions on ride-hailing companies like Uber and Cabify.
- Reuters26/02 Nokia changes iconic logo to signal strategy shift
-Nokia announced plans on Sunday to change its brand identity for the first time in nearly 60 years, complete with a new logo, as the telecom equipment maker focuses on aggressive growth.
- Reuters26/02 Big Tech 'fair share' debate set to dominate Barcelona mobile meet
-A clash between Big Tech and European Union telecoms firms over who will underwrite network infrastructure is set to dominate discussion at the world's largest telecoms conference this week.
- Reuters25/02 Nokia phone maker HMD to set up production in Europe
-HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe.
- Reuters20/02 Ericsson to cut 1,400 jobs in Sweden
-Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday.
- Reuters18/02 Analysis: Bed Bath's novel deal is no universal dodge-bankruptcy card
-Debt-stricken companies seeking to buy themselves time for a turnaround will find it hard to emulate Bed Bath & Beyond Inc's unusual stock sale that staved off bankruptcy, legal and corporate finance experts say.
- Reuters15/02 Cisco raises full-year revenue growth forecast
-Cisco Systems Inc raised its full-year revenue growth forecast on Wednesday, banking on its ability to push backlog orders quickly and rapid adoption of 5G technology to keep demand upbeat.
- Reuters15/02 Morning Bid: Interminable anxiety
-A look at the day ahead in U.S. and global markets from Mike Dolan.
- Reuters06/02 Saudi Arabia says tech giants to invest more than $9 billion in kingdom
-Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp , which are building cloud regions in the kingdom, a government minister said on Monday.
- Reuters01/02 U.S., India partnership targets arms and AI to compete with China
-The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence (AI).
- Reuters31/01 Morning Bid: 'Soft landing' or 'no landing'?
-A look at the day ahead in U.S. and global markets from Mike Dolan
- Reuters31/01 U.S. stops granting export licenses for China's Huawei - sources
-The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three people familiar with the matter.
- Reuters28/01 U.S. secures deal with Netherlands, Japan on China chip export limit- Bloomberg
-The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China in talks that concluded on Friday, Bloomberg reported, citing people familiar with the matter.
- Reuters25/01 Microsoft's dour outlook raises red flags for tech sector
-Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned its customers were cautious about spending in a turbulent economy.
- Reuters23/01 Analysis: Europe Inc earnings season a test for market optimism
-Europe's upcoming corporate earnings season is likely to show whether the renewed optimism about the economy that has buoyed equities in recent weeks is grounded in reality.
- Reuters20/01 Breakingviews - Breakingviews: Layoffs take Big Tech back to more modest future
-Alphabet’s plan to cut 12,000 jobs adds to the sense that U.S. technology firms are preparing for a more modest future. But it’s still grander than the not-so-distant past.
- Reuters20/01 Ericsson earnings miss as slowing U.S. market hits margins
-Sweden's Ericsson on Friday missed fourth-quarter core earnings expectations as sales of 5G equipment slowed in high-margin markets such as the United States.
- Reuters17/01 Davos 2023: Yellen to meet China's vice premier Liu He - U.S. Treasury
-U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic developments and deepen communication between the world's two largest economies, a Treasury official said.
- Reuters