Qualcomm saw Nuvia buy as chance to save $1.4 billion a year on Arm fees, CEO tells jury
By Tom Hals WILMINGTON, Delaware (Reuters) – Internal Qualcomm documents showed the chip firm estimated it could eventually save as…
December 2024
Eli Lilly’s Alzheimer’s treatment approved in China
(This Dec. 17 story has been corrected to say that the EU regulator reversed its July decision in November to…
US asks Nvidia to probe how its chips ended up in China, Information reports
(Reuters) -The U.S. Department of Commerce has recently asked Nvidia to look into how the company’s products ended up in…
Exclusive-Biden to report to US Congress on UAE assurance it is not supplying weapons to Sudan RSF
By Patricia Zengerle WASHINGTON (Reuters) – President Joe Biden’s administration will provide U.S. lawmakers an assessment by Jan. 17 on…
Amazon agrees to worker safety measures to settle US probe
By Daniel Wiessner (Reuters) -Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency’s…
Bain-backed chipmaker Kioxia’s shares rise in market debut
SINGAPORE (Reuters) -Shares of Kioxia rose 3% in their market debut on Wednesday, valuing the Bain-backed chipmaker at 807 billion…
Exclusive-Some Republican senators reluctant on Gabbard for spy chief
By Andrea Shalal and Gram Slattery WASHINGTON (Reuters) – Eight Republican senators are unsure about supporting former Democratic member of…
Zelenskiy says foreign peacekeepers idea could be raised in Brussels on Wednesday
LVIV, Ukraine (Reuters) – The possible deployment of foreign peacekeeping troops in Ukraine could be raised at a meeting of…
US finalizes $406 million chips subsidy for Taiwan’s GlobalWafers
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Tuesday it has finalized $406 million in government grants…
AI startup Databricks hits $62 billion valuation in record VC round
By Krystal Hu and Niket Nishant (Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one…