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Explainer: Why is the US suing Google for antitrust violations?
A logo is pictured at Google’s European Engineering Center in Zurich, Switzerland July 19, 2018 REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights Show more companies Sept 11(Reuters) – The U.S. Justice Department and a coalition of state attorneys general on Tuesday will begin a blockbuster antitrust trial in Washington, alleging that Alphabet’s (GOOGL.O) Google unlawfully abused… Continue reading Explainer: Why is the US suing Google for antitrust violations?
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Nvidia’s dominance in AI chips deters funding for startups
Sept 11 (Reuters) – Nvidia’s (NVDA.O) supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors said, with the number of U.S. deals this quarter falling 80% from a year ago. The Santa Clara, California company dominates the market for chips that work with massive amounts of language data.… Continue reading Nvidia’s dominance in AI chips deters funding for startups
Tesla supercomputer likely to boost market value by $600 bln – Morgan Stanley
The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo Acquire Licensing Rights Sept 11 (Reuters) – Tesla’s (TSLA.O) Dojo supercomputer could power a near $600 billion jump in the automaker’s market value by boosting the adoption of robotaxis and its software services, Morgan Stanley… Continue reading Tesla supercomputer likely to boost market value by $600 bln – Morgan Stanley
Western sanctions to sustain surge in China auto exports to Russia-CAAM
People visit various booths at the Auto Shanghai show, in Shanghai, China, April 19, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights BEIJING, Sept 11 (Reuters) – Western sanctions against Russia are boosting demand for China-made cars, and this surge could continue as long as these sanctions remain in place, an executive with China’s auto association… Continue reading Western sanctions to sustain surge in China auto exports to Russia-CAAM
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A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 10 (Reuters) – Arm, the chip designer owned by SoftBank Group Corp (9984.T), is getting close to securing enough investor support to attain the fully… Continue reading Untitled
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Alibaba Group CEO Daniel Zhang (Zhang Yong) speaks at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File Photo Acquire Licensing Rights SHANGHAI, Sept 10 (Reuters) – Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang… Continue reading Untitled
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
US, India, Saudi, EU unveil rail, ports deal on G20 sidelines
U.S. President Joe Biden listens to the opening remarks of Indian Prime Minister Narendra Modi during the first session of the G20 Summit, in New Delhi, India, Saturday, Sept. 9, 2023. Evan Vucci/Pool via REUTERS Acquire Licensing Rights NEW DELHI, Sept 9 (Reuters) – Global leaders announced a multinational rail and ports deal linking the… Continue reading US, India, Saudi, EU unveil rail, ports deal on G20 sidelines