Keyword "PHNE" - List of latest news (1 088 results)

14:19 Breakingviews - AI weakness makes YouTube Alphabet’s new lynchpin

Through its 26-year run, a 6,000% run-up in its share price, and dominance of the global search engine market, Google owner Alphabet has become a $1.8 trillion internet goliath. It operates the world’s most popular operating system in Android, developed some of the crucial technological innovations behind artificial intelligence, and runs a colossal cloud computing service. Only among this jumble

13:11 Google, X next targets as Europe stays tough on tech regulation

Alphabet's Google and Elon Musk's X may be the next to face fines from European regulators, as they stay tough on Big Tech despite concerns of retaliatory U.S. tariffs, according to three sources with direct knowledge of the matter.

07:41 Trade war and safety concerns take centre stage at Shanghai auto show

China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars.

19:26 Google declined OpenAI bid for partnership, exec testifies at trial

Alphabet's Google shot down a bid by OpenAI to use its search technology within ChatGPT, an OpenAI executive testified on Tuesday at Google's antitrust trial in Washington.

22/04 Exclusive: LG, Samsung sue Indian government over electronic-waste pricing policy

South Korea's LG and Samsung have sued India's government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country's environmental rules citing business impact.

21/04 Google faces trial in US bid to end search monopoly

Alphabet's Google faces a historic trial on Monday as U.S. antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser as part of a bid to restore competition to the market for online search engines.

21/04 At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla 'killers'

More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids.

17/04 Explainer: What does ruling on Google's illegal ad tech monopoly mean?

A U.S. judge's ruling that Google has illegal monopolies in ad technology sets up the possibility of U.S. prosecutors seeking a breakup. Here's what the case involves and what Google owner Alphabet faces from here.

17/04 TSMC quarterly profit jumps, upbeat on outlook despite tariff uncertainty

Taiwan's TSMC , the world's largest contract chipmaker, logged a forecast-beating 60% leap in quarterly profit and said it still expects robust growth this year despite U.S. President Donald Trump's unpredictable trade policies.

17/04 Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos

There has been a chaotic reaction by exporters in the Southeast Asian industrial hub.

17/04 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.

17/04 Litmus test for chip stocks as investors gird for TSMC earnings

Investors are bracing for the results from Taiwan's TSMC on Thursday to show further evidence of the wide-ranging uncertainty in the chip industry spurred by U.S. President Donald Trump's trade policies.

16/04 Meta trial: 5 key moments from Zuckerberg's testimony

Meta Platforms CEO Mark Zuckerberg testified this week at a high-stakes trial in Washington where the U.S. Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.

15/04 At US antitrust trial, Meta's Zuckerberg admits he bought Instagram because it was 'better'

Meta CEO Mark Zuckerberg made a key concession at a U.S. antitrust trial on Tuesday, saying he bought Instagram because it had a "better" camera than the one his company was trying to build for flagship app Facebook at the time.

15/04 South Korea unveils $23 billion support package for chips amid US tariff uncertainty

South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package unveiled last year.

14/04 Apple takes top spot for first-quarter smartphone sales, data shows

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

14/04 Bullish trade in Apple options reaps gains as shares jump on tariff exemption

An unidentified options trader's multi-million dollar bet on a short-term rebound in Apple Inc.'s shares was set to reap a sizable profit as the iPhone-maker's shares soared on Monday following the Trump administration's weekend move to grant tariff exclusions for smartphones.

14/04 Facebook owner Meta faces existential threat at trial over Instagram, WhatsApp

Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an illegal social media monopoly by spending billions of dollars to acquire Instagram and WhatsApp, in a case where U.S. antitrust enforcers seek to unwind the deals.

14/04 European tech stocks climb as tariff exemptions remove worst-case scenario

Shares in European tech stocks rose on Monday after the U.S. granted exclusions from tariffs for smartphones, computers and some other electronics imported largely from China.

14/04 Taiwan tech supply chain stocks bounce back after Trump tariff exemptions

Stocks in Taiwanese tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China.

14/04 Japan's Nikkei trades higher as iPhone-related stocks jump

Japan's Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China.

12/04 US excludes smartphones, computers from Trump's reciprocal tariffs

The Trump administration has granted tariff exclusions for smartphones, computers and other electronics imports supplied largely by China, sparing them from much of President Donald Trump's steep 125% duties.

12/04 What Samsung and Vietnam stand to lose in Trump's tariff war

Samsung would face significant hit from US tariffs on Vietnam.

12/04 Exclusive: Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says

Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source familiar with the matter said.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Intel CEO invested in hundreds of Chinese companies, some with military ties

Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.

10/04 Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say

About six cargo jets with a capacity of 100 tons each have flown out since March.

09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.

09/04 Trump tariffs anxiety: Individual investors flood advisers with calls but stay in the market

Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump's sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks havoc with portfolios.

09/04 Exclusive: Apple supplier Luxshare weighs manufacturing in U.S. to tackle tariffs

Apple supplier Luxshare is in talks with customers on ways to respond to U.S. tariffs by shifting more production outside China, including the United States, its chairwoman told analysts in a telephone call on Wednesday.

09/04 Breakingviews - Chipmaking giants face triple tariff hit

Chipmakers will feel the heat of Donald Trump's tariff rampage. The exemption of semiconductors from the U.S. president's announced levies may not last. What's more, the blow to demand for phones and other consumer electronics will be painful for Taiwan Semiconductor Manufacturing , Samsung Electronics and peers. Surging costs also will disrupt their bold plans to set up factories in the U.S.

09/04 Vietnam's deputy PM to meet US's Bessent, Boeing on Wednesday, schedule shows

Vietnam's Deputy Prime Minister is set to talk on Wednesday with U.S. Treasury Secretary Scott Bessent and plans also to meet Boeing, SpaceX and Apple executives this week, according to an internal schedule seen by Reuters.

08/04 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.

08/04 Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about U.S. tariffs.

08/04 Senator Warner says new Trump TikTok extension may violate law

The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S. assets violates the law.

07/04 Tariff storm ravages Magnificent Seven as Apple nears one-year low

The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.

07/04 Apple appealing against UK 'back door' order, tribunal confirms

Apple is appealing against a British government order to create a "back door" to its encrypted cloud storage systems, the Investigatory Powers Tribunal (IPT) confirmed on Monday.

07/04 Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.

05/04 Taiwan president discusses US tariff response with tech execs

Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan's global competitiveness and safeguard the island's interests.

05/04 Foxconn reports record Q1 revenue, says it must closely watch global politics

Taiwan's Foxconn, the world's largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for artificial intelligence products but said it would need to closely watch global politics.

05/04 US starts collecting Trump's new 10% tariff, smashing global trade norms

The initial 10% "baseline" tariff took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT) on Saturday, ushering in Trump's full rejection of the post-World War Two system of mutually agreed tariff rates.

04/04 Trump TikTok sale deadline looms as US looks for deal

China's ByteDance faces a Saturday deadline to sell the U.S. assets of TikTok to a non-Chinese buyer, which was imposed by President Donald Trump in January, or face a ban that was supposed to take effect in January under a 2024 law. Trump said Thursday his administration is "very close" to reaching a deal on TikTok, with multiple investors involved.

04/04 China hits back hard in global trade war with tariffs on US goods

China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout.

04/04 Breakingviews - Shifting world order suits ‘inbetweener’ economies

If there was any remaining doubt, the unipolar U.S. moment is over. On January 30 newly installed U.S. Secretary of State Marco Rubio called time on the country’s three-decade-long run as the sole arbiter of global affairs, calling it an “anomaly”. A fortnight later, Secretary of Defense Pete Hegseth explained clearly the new dynamic when he described China as a “peer competitor” and told other me

04/04 Trump says China could get tariff relief if it approves TikTok deal

President Donald Trump on Thursday said he would consider a deal for TikTok where China agrees to approve the sale of the short video app owned by Byte Dance in exchange for relief from U.S. tariffs on Chinese imports.

03/04 Wall Street ends with heavy losses on fears Trump tariffs will trigger recession

Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.

03/04 A $2,300 Apple iPhone? Trump tariffs could make that happen.

Your favorite iPhone could soon become much pricier, thanks to tariffs.

03/04 US tech, retail stocks lead rout after tariff shock

The global stock market carnage that followed U.S. President Donald Trump's sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries including retail and technology firms.

03/04 Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump

Vietnam's government said on Thursday it would set up a task force and other Southeast Asian nations said they plan to seek talks with Washington as they reel from being hit with some of U.S. President Donald Trump's heftiest tariffs.

03/04 South Korea's acting President orders emergency measures over US tariffs

South Korea's acting President Han Duck-soo ordered emergency support measures for businesses that will be impacted by the imposition of U.S. tariffs, including automobiles, the industry ministry said on Thursday.

01/04 Samsung Elec appoints mobile chief as interim head of consumer and mobile division

Samsung Electronics appointed on Tuesday its mobile chief Roh Tae-moon as acting head of the company's consumer and mobiles business, following the death of his predecessor, Han Jong-Hee, a week ago.

01/04 China's Xiaomi says it is cooperating with police after fatal EV accident

China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident involving a SU7 electric vehicle on March 29 and it had handed over driving and system data.

31/03 French antitrust regulator fines Apple 150 million euros over privacy tool

Apple was hit with a 150 million euro ($162.42 million)fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices between 2021 and 2023 thanks to a privacy control tool.

27/03 SK Hynix says some customers brought forward orders ahead of US tariffs

South Korea's SK Hynix , the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs.

25/03 How companies are responding to Trump's tariffs

Corporate America is scrambling to implement countermeasures as U.S. President Donald Trump's latest tariffs on Chinese imports went into effect last week, while some levies on Canada and Mexico have been suspended.

25/03 China's Xiaomi raises $5.5 billion in share sale as EV plans ramped up

China's Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans.

25/03 Samsung Electronics co-CEO Han Jong-hee dies, leaving new appointee in charge

Samsung Electronics said on Tuesday that co-CEO Han Jong-hee had died of a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge of the tech giant as it revamps its underperforming chip business and navigates trade uncertainties.

24/03 First-quarter US earnings outlook looks less rosy with tariff worries in focus

Analysts are turning more cautious on U.S. corporate earnings for the first quarter of this year.

23/03 Chinese premier warns of 'rising instability' at key business forum

Chinese Premier Li Qiang urged countries to open their markets to combat "rising instability and uncertainty" at a business forum in Beijing on Sunday, as China braces for further U.S. tariffs.

10/03 Apple preparing for a major software overhaul, Bloomberg News reports

Apple is preparing a major overhaul of its software, due later this year, which will change the look of the operating systems and the interface of the iPhone, iPad and Mac, Bloomberg News reported on Monday, citing people familiar with the effort.

10/03 Exclusive: Apple, Meta likely to face modest fines over DMA breaches, sources say

Apple and Meta Platforms are set to face modest fines for allegedly breaching landmark rules aimed at reining in their power, people with direct knowledge of the matter said on Monday.

08/03 Apple says some AI improvements to Siri delayed to 2026

Some artificial intelligence improvements to Apple's voice assistant Siri will be delayed until 2026, the company said on Friday.

07/03 EU denies picking on US tech giants, says US also tackling monopolisation

Europe's new tech rule aims to keep digital markets open and is not targeted at U.S. tech giants, EU antitrust and tech chiefs told U.S. congressmen, reminding them that U.S. enforcers have in recent years also cracked down on these companies.

06/03 Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge

Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day.

05/03 Trump wants to kill $52.7 billion semiconductor chips subsidy law

President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt.

24/01 Wall St Week Ahead Fed's rate-cut view set to test resurgent US stocks rally

The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.

23/01 Britain appeals to Big Tech with change of regulatory guard

Britain's choice of a former Amazon executive to chair its antitrust regulator is a clear pitch for investment, including from Big Tech, and signals it is prepared to go easier on deal-making if that would help, company bosses and lawyers said.

23/01 Exclusive: India watchdog faults probe of Foxconn hiring, orders new inquiry

India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show.

23/01 SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

23/01 Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones

Samsung Electronics on Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm's chips and Google's artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals.

21/01 Breakingviews - Donald Trump erratically waves sword of Damocles

Donald Trump returned to the presidency swinging his pen wildly. Some 200 executive actions included efforts to end the U.S. offshore wind industry, roll back vehicle emission constraints, curb immigration and pardon 1,500 insurrectionists who stormed the Capitol on Jan. 6, 2021. The first-day agenda, however, stopped short of firing the opening shots of a promised worldwide trade war, leaving the

21/01 Trump executive order leaves TikTok in legal limbo, for now

U.S. President Donald Trump's executive order to restore access to TikTok has created a thicket of new legal questions for the short-video platform, along with new tensions between the White House, members of Congress who want the platform banned, and tech companies caught in the middle.

21/01 TikTok app unavailable on Apple, Google stores in US despite Trump delaying ban

TikTok remained unavailable on Apple and Google app stores in the U.S. on Tuesday, a day after President Donald Trump signed an executive order delaying the enforcement of a ban on the popular Chinese-owned short-video app by 75 days.

21/01 Breakingviews - Xiaomi's rally will hit valuation potholes

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year. That helped power its market capitalisation to a record high of $117 billion earlier this month. But a look under the hood suggests valuing Xiaomi's different parts can get messy.

21/01 Trump's inaugural brings the world's billionaire elites en masse to DC

The attendees at a U.S. presidential inauguration do not often resemble the annual gathering of the world's richest in Davos, Switzerland, which kicked off on Monday, but the parallels were hard to ignore as Donald Trump was sworn in as U.S. President.

21/01 Trump effectively pulls US out of global corporate tax deal

President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.

21/01 Biden FTC chair Khan to resign from commission in coming weeks

Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the commission in the coming weeks, she told staff in a memo.

20/01 TikTok awaits Trump reprieve as China signals it is open to a deal

The app and website were operational on Monday, but TikTok was still not available for download in the Apple and Google app stores, suggesting the two companies were waiting for clearer legal assurances.

20/01 Mugshot, khaki uniform and solitary cell for South Korea's detained President Yoon

South Korea's impeached President Yoon Suk Yeol has spent his first night incarcerated as a pre-trial inmate at the Seoul Detention Centre after a court issued a formal detention warrant on Sunday to hold him for up to 20 days.

20/01 Conservative influencers celebrate at TikTok-sponsored Trump inauguration party

TikTok earmuffs and MAGA hats adorned partygoers at Sunday's inauguration celebration for the incoming President Donald Trump and the video-sharing platform he once tried to ban.

20/01 Breakingviews - Davos becomes world’s most exclusive watch party

The Swiss town of Davos will this week host what amounts to an exclusive watch party for the season premiere of Donald Trump’s second term. The annual gathering of the World Economic Forum (WEF), held in the alpine resort each January, presents itself as a place where the world’s political, business, and financial leaders meet to solve big problems. This year, though, the 2,750 delegates will spen

19/01 TikTok goes dark for US users; Trump signals intervention

Even if temporary, the unprecedented shutdown of TikTok will have an impact on U.S.-China relations, domestic politics, the social-media marketplace and millions of Americans who depend on the app.

18/01 Perplexity AI bids to merge with TikTok US, source says

The plan would let most ByteDance investors keep their equity stakes, a source said.

18/01 TikTok addicts see silver lining in US ban

TikTok is entering its final hours in the U.S. ahead of a potential ban effective on Sunday, prompting howls of protest from devoted users of the beloved video-streaming app.

18/01 TikTok faces US ban deadline as users brace for fallout

The platform has until Sunday to cut ties with its China-based parent, ByteDance, or shut down its U.S. operation to resolve concerns it posed a threat to national security.

17/01 US Supreme Court upholds law banning TikTok

The U.S. Supreme Court refused to rescue TikTok on Friday from a law that required the popular short-video app to be sold by its Chinese parent company ByteDance or banned on Sunday in the United States on national security grounds - a major blow to a platform used by nearly half of all Americans.

17/01 US TikTok ban could echo India chaos as users seek options

TikTok fans in the U.S. are racing to secure alternatives and safeguard their digital empires ahead of a looming shutdown, evoking the chaos of India's 2020 ban that erased the app from the lives of 200 million users overnight.

17/01 Biden or Trump can still rescue TikTok - here's how

Trump is seeking to protect TikTok from a new law that gives parent ByteDance until Sunday to sell the app to an American buyer or be banned in the U.S.

17/01 What happens on Trump's Inauguration Day?

Donald Trump will be sworn in as president of the United States on Monday, ushering in his second term in office and capping one of the most astounding political comebacks in American history.

17/01 Senate Democrats ramp up pressure on Biden to delay TikTok ban

A growing number of lawmakers are urging President Joe Biden to grant a reprieve to prevent TikTok from going dark in the United States as soon as Sunday, warning millions of creators and businesses could be hurt.

16/01 Trump will keep TikTok from 'going dark' if deal is on table, adviser says

U.S. President-elect Donald Trump's incoming national security adviser said on Thursday the new administration will keep TikTok alive in the United States if there is a viable deal.

16/01 How a TikTok ban would work and why users can't easily bypass it

Social media app TikTok, which is owned by China's ByteDance, will be banned in the United States on Sunday unless a deal comes together to sell it to a U.S. investor or the U.S. Supreme Court intervenes.

16/01 Alphabet CEO to join tech leaders at Trump inauguration

Alphabet CEO Sundar Pichai is among the Big Tech leaders planning to attend U.S. President-elect Donald Trump's inauguration on Monday, a person familiar with the matter told Reuters on Wednesday.

16/01 TikTok, 5 other Chinese firms hit by EU privacy complaints

TikTok, Shein, Xiaomi and three other Chinese companies were named in a privacy complaint filed on Thursday by Austrian advocacy group Noyb which claimed the firms were unlawfully sending European Union user data to China.

16/01 TSMC Q4 profit leaps to record on strong demand for AI chips

Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.

16/01 Morning Bid: Brief relief for markets after tame US inflation

A look at the day ahead in European and global markets from Ankur Banerjee

16/01 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.

16/01 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.

16/01 Exclusive: Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say

Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

15/01 Goldman Sachs CEO says Apple card partnership may end before 2030

Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.

15/01 Space startup funding set for boost from US-China rivalry in 2025, report says

Funding in the space industry is set to receive a boost this year from growing U.S.-China tensions, after startups in the sector clocked $8.6 billion in investments in 2024, according to a report by investment firm Seraphim Space.

15/01 TikTok preparing for U.S. shut-off on Sunday, The Information reports

TikTok plans to shut off its app for U.S. users on Sunday, when a federal ban on the social media app could come into effect, The Information reported on Tuesday, unless the Supreme Court moves to block it.

14/01 Over half a million ‘TikTok refugees’ flock to China's RedNote 

New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok, as the lesser-known company rushes to capitalize on the sudden influx while walking a delicate line of moderating English-language content, sources told Reuters.

14/01 US lawmakers urge Biden to extend TikTok Jan. 19 ban deadline

Two Democratic lawmakers on Monday urged Congress and President Joe Biden to extend a Jan. 19 deadline for China-based ByteDance to sell the U.S. assets of TikTok or face a U.S. ban.

13/01 Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says

Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday.

13/01 Exclusive: Tech supplier Arm plans to hike prices, has considered developing its own chips

Arm Holdings , , a technology supplier to chip firms, is developing a long-term strategy to hike prices by as much as 300% and has discussed designing its own chips in a move to compete with its biggest customers.

13/01 Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday.

13/01 TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand

Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.

12/01 Apple's board recommends shareholders vote against proposal to eliminate diversity programs

Apple's board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

11/01 TikTok warns of broader consequences if US Supreme Court allows ban

The lawyer for TikTok and its Chinese parent company ByteDance offered a warning during Supreme Court arguments over a law that would compel the sale of the short-video app or ban it in the United States: If Congress could do this to TikTok, it could come after other companies, too.

10/01 Supreme Court to hear fight over looming US ban on TikTok

Facing a looming ban in the United States, TikTok's fate will be in the hands of the Supreme Court in a case being argued on Friday that pits free speech rights against national security concerns over the widely used short-video app owned by Chinese company ByteDance.

10/01 Tesla launches redesigned Model Y in China, seeking to fend off rivals

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .

09/01 China car sales maintain growth pace in 2024, EV and hybrid sales hit record

China's car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world's largest auto market hit a record high amid a brutal price war and with subsidised trade-ins for greener vehicles driving purchases.

09/01 Breakingviews - Altered states will rule in 2025: podcast

Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.

09/01 Apple clarifies Siri privacy stance after $95 mln class action settlement

Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations.

08/01 TikTok's fate divides Trump and fellow Republicans as Supreme Court action looms

While President-elect Donald Trump has asked the Supreme Court to block a looming U.S. ban on TikTok in a major case being argued on Friday that pits free speech rights against national security concerns over the Chinese-owned short-video app, many of his Republican allies have urged the opposite.

08/01 Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says

Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there, as it has not met domestic content rules, the industry minister said on Wednesday.

08/01 Samsung Q4 profit outlook misses estimates by large margin as chip issues drag

Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia .

06/01 What happens after the TikTok ban?

The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner ByteDance, which is seeking to block a law signed by President Joe Biden that will ban the short-form video app beginning Jan. 19 unless it is divested from ByteDance, due to national security concerns. TikTok requested an injunction to pause the ban during the legal process, but the Supreme Court did not im

03/01 Foreign smartphone shipments in China slump 47% in November

Shipments of foreign-branded smartphones, including Apple Inc's iPhone, in China fell in November by 47.4% from a year earlier, according to data released on Friday from a government-affiliated research firm.

02/01 Apple to pay $95 million to settle Siri privacy lawsuit

Apple agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users' privacy.

02/01 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.

02/01 Nvidia's market value gets $2 trillion boost in 2024 on AI rally

Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries.

02/01 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.

31/12 Samsung Electronics becomes largest shareholder of South Korea's Rainbow Robotics

Samsung Electronics became the largest shareholder of South Korea's Rainbow Robotics , the robotics company said in a regulatory filing on Tuesday.

30/12 Breakingviews - Smart glasses give tech giants dangerous FOMO

Smart glasses will come into focus in 2025. Meta’s collaboration with EssilorLuxottica has become a bestseller in most Ray-Ban stores across Europe, the Middle East and Africa, with total sales topping 1 million units, according to Counterpoint Research. Early success has emboldened rivals to develop their own specs.

23/12 Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

23/12 Breakingviews - Trump and Tesla will turbocharge self-driving race

In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the benefits may prove elusive.

23/12 Murdoch's News Corp to sell Foxtel to DAZN for $2.1 billion

News Corp will hold a 6% stake in DAZN, a streaming platform backed by Len Blavatnik.

21/12 Google says it could loosen search deals in US antitrust case

Alphabet's Google proposed on Friday a loosening of its agreements with Apple and others to set Google as the default search engine on new devices to address a U.S. ruling that it unlawfully dominates online search.

21/12 US finalizes up to $6.75 billion in chips awards for Samsung, Texas Instruments, Amkor

The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chip production.

20/12 Senators urge Biden to grant ByteDance 90-day reprieve from law requiring sale

Democratic Senator Ed Markey and Republican Senator Rand Paul on Thursday urged President Joe Biden to extend by 90 days a Jan. 19 deadline for China-based ByteDance to sell the U.S. assets of its short-video app TikTok or face a ban.

19/12 Arm, Qualcomm to make closing cases in chip license dispute trial

Lawyers for Arm Holdings , and Qualcomm are set to make closing arguments on Friday in a case that could upend Qualcomm's push into the PC market with a chip meant to rival Apple and Intel on speed.

19/12 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.

19/12 Apple in talks with Tencent, ByteDance to roll out AI features in China, sources say

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter.

19/12 Apple hits out at Meta's numerous interoperability requests

Apple on Wednesday hit out at Meta Platforms , saying its numerous requests to access the iPhone maker's software tools for its devices could impact users' privacy and security, underscoring the intense rivalry between the two tech giants.

18/12 US cyber watchdog wants immediate switch to encrypted apps following 'Salt Typhoon' hacks

The U.S. cybersecurity watchdog CISA is telling senior American government officials and politicians to immediately switch to end-to-end encrypted messaging following intrusions at major American telecoms blamed on Chinese hackers.

17/12 Arm, Qualcomm lawyers grill ex-Apple exec in chip design battle

Attorneys for Arm , and Qualcomm grilled a former Apple executive on Tuesday about a key question for the future of the chip industry: Who owns the intellectual property built on top of Arm's computing architecture?

17/12 Exclusive: Congo files criminal complaints against Apple in Europe over conflict minerals

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for the Congolese government told Reuters.

16/12 TikTok turns to US Supreme Court in last-ditch bid to avert ban

TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban.

16/12 Breakingviews - US-China tech war will hold Asian allies hostage

China will turn Washington’s technology weapons on its Asian neighbours in 2025. U.S. curbs on imports of semiconductors and other goods have hobbled advances in artificial intelligence in the world’s second-largest economy. The People’s Republic is starting to retaliate. Its leverage over corporate giants in Japan and South Korea makes them prime hostage targets.

12/12 US asks court to reject TikTok's bid to stave off law that could ban the app

The Justice Department late on Wednesday asked a U.S. appeals court to reject an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest the short-video app by Jan. 19 or face a ban.

12/12 South Korea's tourism, soft power gains, at risk from extended political crisis

From plastic surgery clinics to tour firms and hotel chains, South Korea's hospitality sector is wary of the potential impact of a protracted political crisis, as some overseas travellers cancel trips following last week's brief bout of martial law.

11/12 Stunning rally in Big Tech drives Nasdaq to 20,000

The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest rates fueled a searing rally in technology stocks.

11/12 Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

09/12 ByteDance, TikTok seek temporary halt to US ban pending Supreme Court review

The companies warned that without the order the law willl "shut down TikTok—one of the nation’s most popular speech platforms—for its more than 170 million domestic monthly users on the eve of a presidential inauguration."

09/12 India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart's Flipkart e-commerce platforms, saying those challenges, filed by Samsung, Vivo and others at Indian high courts, were aiming to scuttle the probe.

08/12 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.

07/12 US TikTok content creators warn followers to find them on Instagram, YouTube

American content creators on TikTok asked followers to subscribe to their channels on rival platforms like Meta-owned Instagram and Alphabet's YouTube after a federal appeals court ruled that the social media app could be banned if it is not sold to a U.S.-based company by Jan. 19.

06/12 US appeals court upholds TikTok law forcing its sale

A U.S. federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.

06/12 Vietnam's soaring US trade surplus stokes new fears of Trump tariffs

Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

05/12 Breakingviews - US market juggernaut poses top risk for 2025

Many large investors are approaching 2025 with a sense of nervous anticipation. That may seem surprising: the world economy has so far avoided a hard landing, while U.S. equities are on track to gain 20% or more for the second year running. President-elect Donald Trump’s impending return to the White House and lingering inflation concerns give money managers reason to fret. The biggest risk, howev

04/12 Stellantis denies report about picking Apple's Maestri as new CEO

French-Italian car maker Stellantis on Wednesday denied a report in Corriere della Sera daily that it planned to name outgoing Apple finance chief Luca Maestri as its new chief executive.

04/12 Breakingviews - South Korea curveball adds new 2025 risks

An abortive coup in South Korea was probably not on anyone's bingo card for 2024. Great Power tensions have tended to dominate. Enter President Yoon Suk Yeol, who shocked the world by declaring martial law on Tuesday night, only to make an embarrassing U-turn just hours later after both his own and opposition parties forced their way into parliament to vote down his decree. The crisis in the $2 tr

04/12 South Korea vows unlimited liquidity after political turmoil; BOK meets

South Korea's finance ministry said on Wednesday it is ready to deploy "unlimited" liquidity into financial markets if needed after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.

03/12 Breakingviews - Bain's Japan chip IPO is a tough sell

Bain Capital has a tricky job on its hands. The private equity firm is set to list Japanese memory-chip maker Kioxia six years after leading its bold carve-out from Toshiba. Trouble is, it means poor returns for the sellers. And Kioxia's crippling debt pile may put off potential new investors.

03/12 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.

02/12 Apple accused of silencing workers, spying on personal devices

Apple has been accused in a new lawsuit of illegally monitoring its workers' personal devices and iCloud accounts while also barring them from discussing their pay and working conditions.

02/12 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.

02/12 Proposed Australia law would fine Big Tech over digital competition

The proposed law could impose fines of up to $33 million on global technology companies.

28/11 Sofas become points of purchase as Americans shop with their phones on Thanksgiving

U.S. holiday shoppers have big plans to use small screens for a head start this year on Thanksgiving Day, and retailers have spent weeks priming them, touting pre-Black Friday online discounts for everything from TVs and toys to Bluetooth speakers.

28/11 China's state media praise some U.S. firms amid fears of a new trade war

China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese newspapers during Donald Trump's first presidency.

27/11 Google asks US appeals court to reject app store monopoly verdict

Alphabet's Google asked a U.S. appeals court on Wednesday to throw out a jury verdict and a judge's order forcing it to revamp its app store Play.

27/11 Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffs

Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footprint.

27/11 Samsung Electronics replaces chip business heads, CFO in sweeping reshuffle

Samsung Electronics on Wednesday announced new heads of its memory and foundry chip units, as it scrambles to catch up with SK Hynix and Taiwan's TSMC in the booming AI chip market.

26/11 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.

25/11 South Korea prosecutors seek 5-yr jail term for Samsung Elec chief in appeals case

South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of affiliates that helped solidify his control in a case being tried at an appeals court.

24/11 Indian regulator rejects Apple request to put antitrust report on hold

Apple has denied wrongdoing.

22/11 Samsung ordered to pay $118 million for infringing Netlist patents

A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products.

22/11 Trump's return could extend US stocks' dominance over global rivals

U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired in a full-blown trade war or ballooning the federal deficit.

21/11 US watchdog issues final rule to supervise Big Tech payments, digital wallets

Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision, the U.S. Consumer Financial Protection Bureau said.

20/11 Apple to urge judge to end US smartphone monopoly case

Apple will ask a federal judge on Wednesday to dismiss the U.S. Department of Justice's case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.

19/11 Walmart, other US companies raise concerns over proposed Trump tariffs

Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation.

19/11 Nvidia’s growing cash hoard points to M&A

Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und

19/11 Ireland’s $25 bln tax bounty reveals OECD flaws: podcast

Dublin expects a record budget surplus in 2024 thanks to a cash deluge from tech giants. In this episode of The Big View podcast, Pascal Saint-Amans, the architect of a landmark tax 2021 treaty, explains how the US’s failure to ratify the deal allows havens to rake in billions.

19/11 DOJ to ask judge to force Google to sell off Chrome, Bloomberg News reports

The U.S. Department of Justice will ask a judge to force Alphabet's Google to sell off its Chrome internet browser, Bloomberg News reported on Monday, citing people familiar with the plans.

18/11 Xiaomi raises EV deliveries goal again on surging demand

China's Xiaomi Corp said on Monday it aimed to deliver 130,000 electric vehicles this year, raising its forecast for the third time as the automaker upstart posted a 30.5% jump in third-quarter revenue.

18/11 Breakingviews - Nvidia’s growing cash hoard points to M&A

Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und

18/11 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.

18/11 Foxconn tells India recruiters: Nix marital status in iPhone job ads

The Apple supplier has ordered hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements.

17/11 Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say

India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters.

15/11 Wall St Week Ahead Nvidia results in focus as stock market's election boost stalls

Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled.

15/11 Wall St loses ground after Powell urges caution on rate cuts

Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up U.S. Treasury yields and pressuring equities.

15/11 Samsung Electronics plans $7.2 bln buyback to boost shareholder value

Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said in a regulatory filing submitted after the market closed on Friday.

15/11 US finalizes $6.6 billion chips award for TSMC ahead of Trump return

The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.

15/11 Netflix hopes for live sports knockout with Paul-Tyson fight

A showdown between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul on Friday is the latest one-two punch from Netflix, as the media giant hopes to cash in on sports' sprint to streaming.

15/11 Berkshire bites into Domino's Pizza, dips into Pool amid stock retreat

Warren Buffett's Berkshire Hathaway said on Thursday it made new investments in Domino's Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America .

14/11 Samsung Electronics says it reaches preliminary wage deal with union

Union members will vote on the deal for one week.

13/11 Samsung Electronics shares hit lowest in more than four years

Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their lowest level in more than four years.

12/11 Meta to offer less personalized ads in Europe to appease regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.

12/11 South Korea ruling party seeks to aid chipmakers to avert Trump threat

South Korea's ruling party introduced legislation on Monday to give chipmakers subsidies and an exemption from a national cap on working hours, to tackle potential risks from measures threatened by incoming U.S. President Donald Trump.

12/11 China's Singles' Day wraps up with e-commerce firms reporting growth in shoppers

China's largest e-commerce company Alibaba Group said it recorded "robust growth" in sales and a "record number" of shoppers over this year's Singles' Day sales period, a weeks-long event that ended at midnight on Monday.

12/11 Explainer: What is China’s Singles Day and how is it celebrated?

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day.

11/11 OpenAI and others seek new path to smarter AI as current methods hit limitations

Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges in the pursuit of ever-biggerlarge language models by developing training techniques that use more human-like ways for algorithms to "think".

11/11 Web Summit kicks off in Lisbon as tech leaders weigh Trump’s return

Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s return to the White House.

08/11 Taiwan's TSMC says US investment plan is unchanged after election

Chipmaker TSMC's investment plan in the United States remains unchanged, the company said, responding to a question on the election of Republican Donald Trump as the next U.S. president.

07/11 Nvidia surpasses $3.6 trillion market value after Trump win

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return to the White House.

07/11 What Trump's 2024 election win means for Asian companies

Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.

06/11 Qualcomm forecasts beats estimates, shares jump 8.5%

Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of flagship Chinese smartphones, and its shares rose 8.5% in extended trading.

06/11 Trump expected to shift course on antitrust, stop Google breakup

Donald Trump will likely dial back some of the antitrust policies pursued under the administration of President Joe Biden, potentially including a bid to break up Alphabet's Google over its dominance in online search, experts said.

05/11 Apple set to face fine under EU's landmark Digital Markets Act, sources say

Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at reining in the power of Big Tech, making it the first company to be sanctioned, sources with direct knowledge of the matter said on Tuesday.

04/11 Market value of Nvidia and TSMC surges in October on strong AI chip demand

Nvidia led a surge in market value among global firms in October, buoyed by unrelenting demand for its new supercomputing artificial intelligence chips as more companies integrate AI into their daily operations.

03/11 Wall St Week Ahead US election, Fed meeting loom in big week for markets

A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more insight on the path of interest rates at its monetary policy meeting.

02/11 Berkshire's cash sets record as Buffett sells Apple, BofA; operating profit falls

Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, selling more Apple shares and boosting cash to a record $325.2 billion, while the company's operating profit declined.

01/11 Harris vs Trump: Stocks to watch as White House race enters final stretch

Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms point to a tight race between Vice President Kamala Harris and former President Donald Trump.

01/11 Indonesia bans sales of Google phones days after blocking Apple's iPhone 16

Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components, days after blocking sales of tech giant Apple's iPhone 16 for the same reason.

01/11 Asia markets start momentous month on cautious side, US payrolls awaited

Asian markets started a likely momentous month on the cautious side, with shares mostly lower and Treasury yields near three-month highs on Friday, while investors wait for U.S. payrolls data, although a rate cut next week is largely baked in.

31/10 L3Harris' rocket motor unit investments boosting output

Investments by L3Harris Technologies into its Aerojet Rocketdyne rocket motor unit have helped improve facilities and processes after years of underinvestment and late deliveries to customers, an executive told Reuters.

31/10 Apple beats Wall Street estimates, supported by iPhone sales

Apple beat Wall Street sales and profit expectations on Thursday for its fiscal fourth quarter, bolstered by strong early sales of iPhone 16, a set of phones designed for new AI features that was released near the end of the quarter.

31/10 Samsung posts weaker profit recovery as it misses out on AI boom

Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix .

29/10 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.

29/10 Apple set for biggest revenue jump in two years on iPhone demand in China

Apple is expected to report its biggest quarterly revenue jump in two years on Thursday, with iPhone demand faring better than recent years toward the end of the company's annual release cycle, especially in China.

29/10 China detains South Korean on suspicion of espionage

China confirmed on Tuesday the detention of a South Korean citizen suspected of espionage, saying it had advised embassy officials, but without identifying the individual or detailing the charges.

29/10 Founder of TikTok owner ByteDance jumps to top of China's rich list

ByteDance founder Zhang Yiming is China's richest person, with personal wealth of $49.3 billion, an annual rich list showed on Tuesday, although counterparts in real estate and renewables have fared less well.

28/10 Morning Bid: Oil and yen drop on MidEast restraint, Japan indecision

A look at the day ahead in U.S. and global markets from Mike Dolan

26/10 Masimo smartwatches infringe Apple design patents, US jury says

Apple convinced a federal jury on Friday that health monitoring tech company Masimo's smartwatches infringe two of its design patents.

25/10 Nvidia overtakes Apple as world's most valuable company

Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.

25/10 Take Five: Ready for an action-packed week?

Traders will have their work cut out keeping up with Japan's snap election, U.S. jobs data, a UK budget, euro zone growth numbers and a slew of third-quarter earnings.

25/10 No more 'shut up and dribble' in sport, says retired WNBA great Sue Bird

Retired WNBA great Sue Bird has called on team owners to become more politically active, after her Seattle Storm endorsed Vice President Kamala Harris in the upcoming U.S. presidential election.

25/10 Dollar droops with US yields, stocks mixed amid rates, election risks

The dollar was on the defensive on Friday following its biggest drop in a month against major peers, as it tracked a retreat in U.S. yields from nearly three-month highs after depressed Treasury prices drew buyers.

24/10 Nvidia supplier SK Hynix posts record Q3 profit, beats forecasts

South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative AI chipsets.

23/10 India to retain investment curbs on border nations

India will retain investment curbs on bordering nations, the finance minister said, days after it struck a pact with China on patrols along their disputed Himalayan frontier, with the leaders of both countries expected to meet on Wednesday.

22/10 More US firms lean on retired, veteran leaders to steady ship in choppy economy

CVS Health last week named as CEO a tried-and-tested company veteran, the latest in a handful of firms this year that have turned to an experienced executive to take the helm, hoping to quell investor concerns amid economic uncertainty.

22/10 Lockheed Martin lifts profit, sales forecasts on strong demand for weapons

Defense contractor Lockheed Martin on Tuesday joined rival RTX in lifting annual profit and sales forecasts, driven by robust demand for military equipment amid escalating global tensions.

21/10 Qualcomm revamps mobile phone chips for AI, signs Samsung and others

Qualcomm said on Monday it is bringing technology first developed for its laptop chips to its mobile phone chips, aiming to make them more powerful for generative AI tasks.

11/09 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.

11/09 Factories in Vietnam's export hubs face weeks of disruption after typhoon

Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam's export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation, executives said.

11/09 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.

11/09 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.

11/09 Samsung India workers ramp up wage protests as strike enters third day

Hundreds of workers at Samsung Electronics' southern India plant boycotted work for a third day on Wednesday to demand better wages and working conditions, disrupting output at a consumer electronics facility key for the global tech giant.

11/09 India's bid to match China's factory heft gets a reality check

India's push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to warm up to its long-time rival.

11/09 Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows

Global tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google's parent Alphabet are falling behind, risking a return to pre-pandemic levels, a Brussels-based NGO said in a report.

10/09 Apple loses fight against $14.4 billion EU tax order to Ireland

Apple on Tuesday lost its fight against an order by EU competition regulators to pay 13 billion euros ($14.4 billion) in back taxes to Ireland as part of an EU crackdown against sweetheart deals between EU countries and multinationals.

10/09 Workers strike at Samsung India plant enters day 2, production to be hit

Hundreds of Samsung Electronics employees went on a strike at a plant in southern India for a second day on Tuesday to demand higher wages, disrupting operations at the South Korean giant.

10/09 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.

10/09 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.

09/09 Apple's key launches at iPhone 16 unveiling event

Apple on Monday unveiled an artificial intelligence focused-iPhone 16 lineup, a sleeker Apple Watch, AirPods 4, and said new AI features will be added to its devices next month.

09/09 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.

09/09 Apple's iPhone 16 will put AI features in focus

Apple on Monday is set to unveil its iPhone 16 lineup, focusing on how its flagship device's features have been infused with artificial intelligence, rather than its usual emphasis on hardware upgrades.

07/09 New iPhone will use Arm’s chip technology for AI, FT reports

Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank -owned Arm’s newest V9 chip design, the Financial Times newspaper reported on Saturday.

06/09 Exclusive: Qualcomm has explored acquiring pieces of Intel chip design business, sources say

Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio, according to two sources familiar with the matter.

05/09 PayPal pushes into in-person payments with cashback rewards, Apple integration

PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.

02/09 Trump 'has a lot on his plate', misunderstands Taiwan's chip role, minister says

Former U.S. President Donald Trump "has a lot on his plate" and misunderstands Taiwan's role in the semiconductor industry, possibly because others have misinformed him, the island's Economy Minister Kuo Jyh-huei said on Monday.

02/09 Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain

Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that would make the stocks particularly vulnerable during a market correction.

02/09 Apple set for music, TV streaming fight in India after Airtel deal

Apple's partnership with India's second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it lags far behind the likes of Spotify and Walt Disney .

31/08 Wall St Week Ahead U.S. stock rally broadens as investors await Fed

A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve's expected rate cuts in September.

29/08 Asian firms' earnings outlook improves as chip sector shines

A key Asia stock index has gained its biggest lift in earnings projections in more than three years, as the region's semiconductor firms benefit from the boom in generative artificial intelligence.

28/08 Warren Buffett's Berkshire Hathaway tops $1 trillion market value

The market value of Berkshire Hathaway surpassed $1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades into what many consider a proxy for the American economy.

28/08 Apple eyes bigger slice of India's streaming market with Airtel deal

Apple is tying up with India's Airtel to offer the telecom firm's premium customers its music and video streaming services for free, potentially giving the U.S. firm access to thousands of consumers in a price-sensitive market.

21/08 Xiaomi Q2 revenue beats estimate, reveals auto unit sales

China's Xiaomi Corp on Wednesday reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit's contribution of 6.2 billion yuan ($869.2 million).