Reuters: A Spanish court orders Meta to pay €479M to 87 Spanish digital media outlets for unfair competition practices and infringement of EU data protection regulations — A Spanish court has ordered that the multinational tech company Meta (META.O) pay 479 million euros ($552 million) …
Reuters: The EU's General Court dismisses Amazon's request to remove its designation as a Very Large Online Platform under the DSA; platforms with 45M+ users qualify — - Amazon had contested ‘very large platform’ status — EU court says large online marketplaces can pose systemic risk
Reuters: Xiaomi reports Q3 revenue up 22.3% YoY to ~$15.9B, below ~$16.4B est., and net profit up 80.9% YoY to ~$1.59B, above ~$1.5B est., driven by AI and EV sales — China's Xiaomi (1810.HK) reported a 80.9% jump in third-quarter profit on Tuesday as the world's third-largest smartphone maker doubled down on its shift into electric vehicles.
Blake Brittain / Reuters: A California federal jury says Apple must pay Masimo $634M for infringing a blood-oxygen patent used in Watch workout and heart-rate alerts; Apple will appeal — A federal jury in California said on Friday that Apple (AAPL.O) owes medical-monitoring technology company Masimo (MASI.O) …
Reuters: Sources: Samsung raised the prices of some memory chips by 30%- 60% compared to September, amid shortages, adding to stress for companies building data centers — - Samsung hikes prices of server chips by 30% to 60% — Steep price hikes seen adding to stress for data infrastructure firms
Deborah Sophia / Reuters: Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100M+ loss in Q3, up from a $39.7M loss in Q3 2024 — Nebius Group (NBIS.O) has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure over a five-year period …
Reuters: A Munich court sides with Germany's music rights society GEMA in a case against OpenAI, saying OpenAI can't use song lyrics without a license; OpenAI can appeal — A German court on Tuesday sided with the country's music rights society GEMA in a closely watched copyright case against U.S.-based artificial intelligence firm OpenAI.
Sebastian Pellejero / Reuters: The Alpha Arena experiment gave six frontier models $10K each to trade crypto derivatives over two weeks: losses ranged from Qwen3 Max's $652 to GPT-5's $5,679 — Turn an artificial-intelligence bot into a trader and it acts all too human. Over a two-week span, six frontier models were seeded …
Atharva Singh / Reuters: Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake — Swedish investment firm EQT (EQTAB.ST) said on Friday it would invest about $930 million in South Korea's Douzone Bizon (012510.KS) …
Reuters: In DeepSeek's first public appearance since R1's success, a senior researcher told a state-run conference he was pessimistic about AI's impact on humanity — - DeepSeek makes first public appearance in almost a year — Company has kept low profile since global breakout in January
Krystal Hu / Reuters: Vast Data, which develops data storage tools, inks a $1.17B AI deal with CoreWeave; Vast Data, valued at $9.1B in 2023, said it reached $200M ARR by Jan. 2025 — - CoreWeave to use Vast's data storage tools for cloud infrastructure — Vast Data's revenue stream bolstered by new deal
Inti Landauro / Reuters: France's Finance Ministry halts the suspension proceedings of Shein that was initiated on November 5 after Shein withdrew illicit products from its platform — The French Finance Ministry on Friday halted the suspension proceedings of Chinese online retailer Shein initiated two days ago …
Reuters: Vodafone and AST SpaceMobile plan to establish a Europe-led satellite constellation, operated out of Germany, to provide satellite-to-smartphone connectivity — Vodafone (VOD.L) and AST SpaceMobile (ASTS.O) on Friday unveiled plans to establish a Europe-led satellite constellation …
Sayantani Ghosh / Reuters: Speaking to shareholders, Elon Musk says Tesla is “probably going to have to build a gigantic chip fab” for AI chips and “maybe, we'll do something with Intel” — - Musk says ‘worth having discussions’ with Intel to make chips — Massive fab needed to make the volume of chips needed
Jeff Horwitz / Reuters: Internal documents: Meta projected in December 2024 that 10.1% of its annual ad revenue, or $16B, came from fraudulent ads, including $7B from “higher risk” ads — Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show.
Kirsty Needham / Reuters: Sources and documents: Google plans to build an AI data center on Australia's remote Christmas Island after signing a cloud deal with its DOD earlier in 2025 — - Plans come after Google, Australian Department of Defence sign cloud deal — Christmas Island increasingly featuring in regional war game scenarios
Reuters: Sources: the Chinese government issues guidance requiring new data center projects that have received any state funds to only use domestically-made AI chips — - Order likely to affect U.S. chipmakers Nvidia, AMD, Intel — Beijing trying to cultivate domestic AI chipmakers like Huawei
Deborah Sophia / Reuters: Shopify reports Q3 revenue up 32% YoY to $2.84B, vs. $2.76B est., GMV up 32% YoY to $92B, and expects Q4 revenue up in the mid-to-high 20% range, vs. 23.4% est. — Shopify (SHOP.TO), projected strong fourth-quarter revenue growth on Tuesday, signaling resilient demand at the e-commerce company …
Sam Tobin / Reuters: The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope” — Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
Reuters: Nexperia's China unit says it has “sufficient inventories” to sustain order fulfillment “through year-end and beyond”, after the parent suspended wafer supplies — Dutch chipmaker Nexperia's China unit said on Sunday that it had established “sufficient inventories …
Akash Sriram / Reuters: Oxford Economics: the AI boom is lifting global trade, with ~60% of US data center capex spent on imported IT gear, mainly from Taiwan, South Korea, and Vietnam — - AI reshapes industries, boosts productivity across sectors — Nvidia surpasses $5 trillion market value, leading AI boom
Kenrick Cai / Reuters: How Google Cloud has become one of Alphabet's fastest-growing businesses under Thomas Kurian, driven by investments in AI, data centers, custom chips, and more — - Google Cloud grew 34% in the third quarter on AI demand — Cloud is now challenging YouTube as Alphabet's No. 2 cash generator
David Jeans / Reuters: Anduril conducts the first flight of its jet-powered unmanned drone, flying it “semi-autonomously”, as the US Air Force plans swarms of unmanned jet drones — Anduril's jet-powered drone flew for the first time on Friday, the company and the U.S. Air Force said …
Reuters: MediaTek says it is on track to generate $1B in revenue from its data center AI accelerator ASIC chips in 2026, after reporting Q3 revenue up 7.8% YoY to $4.64B — Taiwan's top chip design company, MediaTek (2454.TW), expects to earn revenue of billions of dollars from its AI accelerator ASIC chips by 2027 …
Reuters: Nvidia says it will supply 260K+ of its most advanced AI chips to the South Korean government and major companies, including Samsung, Naver, and SK Group — U.S. semiconductor leader Nvidia (NVDA.O) on Friday said it will supply more than 260,000 of its most advanced AI chips …
Shashwat Chauhan / Reuters: Shares of Seagate and Western Digital have sharply outperformed the broader market in 2025, surging ~200% on AI-related infrastructure demand for hard drives — - Seagate, Western Digital up more than 200% in 2025 — S&P 1500 tech hardware index hits record high
Yamini Kalia / Reuters: Vodafone agrees to acquire Skaylink, a German company specializing in managing cloud deployments on Microsoft Azure and AWS, for €175M from PE firm Waterland — Britain's Vodafone (VOD.L) on Thursday said it will acquire German cloud and digital transformation firm Skaylink for 175 million euros …
Kritika Lamba / Reuters: Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools; GETY jumps 55%+ — Getty Images (GETY.N) and Perplexity signed a global multi-year licensing agreement on Friday, allowing the AI startup to display …
Reuters: Nvidia CEO Jensen Huang says he still hopes to sell the company's Blackwell chips to China “someday”, but points out the decision is up to President Trump — Nvidia (NVDA.O) CEO Jensen Huang said on Friday he hoped the company's state-of-the-art Blackwell chips can be sold in China …
Reuters: Letter: Nexperia suspends supplies of wafers to its Chinese assembly plant, citing a failure to “comply with the agreed contractual payment terms” — Dutch chipmaker Nexperia has suspended supplies of wafers to its Chinese assembly plant, a letter addressed to its customers reviewed …
Pritam Biswas / Reuters: Filing: Gloo, a developer of AI tools for Christian churches with ex-Intel CEO Pat Gelsinger as its head of technology, seeks an $873.4M valuation in its US IPO — Gloo Holdings, a religious-oriented technology firm, is seeking a valuation of up to $873.4 million in its U.S. initial public offering …
David Shepardson / Reuters: The US FCC votes 3-0 to tighten restrictions on telecom equipment from Chinese companies on its Covered List, including Huawei and ZTE, to close loopholes — The United States tightened rules on telecoms gear made by Chinese companies deemed a national security risk, the latest move in a broader crackdown on Beijing.
Reuters: Papers, patents, and tenders show China's military is integrating DeepSeek and Qwen models in weapons like AI-powered drones, and continues to use Nvidia chips — - PLA entities research using AI for autonomous target recognition and battlefield decision support, documents show
Aigerim Turgunbaeva / Reuters: Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token — Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday.
Reuters: Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers — Chinese smartphone manufacturer Xiaomi (1810.HK) on Friday said surging memory chip prices have raised the cost of making handsets …
Junko Fujita / Reuters: Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom — - Shares in optical fibre maker up 160% since start of 2025 — Founded in 1885, Fujikura started out making silk and insulated wires
Greg Bensinger / Reuters: Lindo St. Angel, VP of hardware at Amazon's Lab126 R&D unit since 2010, plans to leave on October 31; he helped develop the Echo, Astro robot, and Fire tablet — A fifteen-year veteran of Amazon's devices division who had a hand in developing many of the most recognizable gadgets …
Jessica DiNapoli / Reuters: Oreo maker Mondelez has spent $40M+ on an AI tool, developed with Publicis and Accenture, to cut costs for the production of marketing content by 30% to 50% — - AI tool cuts ad production costs by 30% to 50%, exec says — Mondelez has invested $40 million in AI tool, exec says
Reuters: Grindr board members Ray Zage and James Lu, part of an investor group that owns more than 60%, offer to take Grindr private for ~$3.46B; GRND closes up 18.63% — Two Grindr (GRND.N) board members, part of an investor group that owns more than 60% of the company, have proposed …
Michael Holden / Reuters: UK prosecutors say the ringleader of a 2024 arson attack on Ukraine-linked businesses in London discussed kidnapping Revolut's Russia-born CEO Nikolay Storonsky — - 21-year-old pleaded guilty to Russian-inspired arson — Russian handler also asked him to kidnap Storonsky
Stephen Nellis / Reuters: IBM says it was able to run a key quantum computing algorithm in real-time on commonly available field programmable gate array chips made by AMD — IBM (IBM.N) said on Friday it is able to run a key quantum computing algorithm on commonly available chips from Advanced Micro Devices (AMD.O) …
Reuters: Alibaba launches a free consumer-focused AI chatbot in its Quark app, powered by Qwen 3, and plans to open pre-sales for its $660 Quark AI Glasses on October 24 — Alibaba (9988.HK) launched a new AI chatbot assistant service on Thursday, refreshing its push into a consumer-facing space that is dominated by ByteDance and Tencent .
Juby Babu / Reuters: OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ and set to open in 2028, as part of Stargate — OpenAI, along with Oracle (ORCL.N) and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project …
Reuters: Baidu and Swiss Post's PostBus plan to launch Baidu's Apollo Go autonomous vehicle service in Switzerland, testing in December ahead of rollout by Q1 2027 — Baidu (9888.HK) announced a partnership with Switzerland's PostBus on Wednesday to launch its Apollo Go autonomous vehicle service …
Olivia Le Poidevin / Reuters: EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems — - Research finds AI assistants make errors reporting news — Public trust could be eroded, EBU official says
Reuters: A lawyer says 55 Chinese iPhone and iPad users filed an antitrust complaint in China alleging Apple abuses its market dominance by restricting app distribution — A group of 55 Chinese iPhone and iPad users filed a complaint with China's market regulator on Monday, a lawyer representing the group said …
Akash Sriram / Reuters: Lyft plans to open a new tech hub in Toronto in H2 2026 and acquires TBR Global Chauffeuring, a Glasgow-based luxury chauffeur services company, for £83M — - Expansion comes as Lyft looks to grow its presence outside the US — Lyft's Canadian rides grew over 20% in the first half of 2025
Reuters: China's Industry Ministry says that during a visit, Tim Cook pledged to boost Apple's investment in China, but offers no details, amid the US-China trade war — - Apple seeks to balance US, Chinese interests amid trade war — iPhone shipment in China grew in third quarter
Reuters: Sources: Apple is lobbying India to modify its income tax law to ensure Apple is not taxed for owning high-end iPhone machinery it provides to its manufacturers — - Apple is increasingly focusing on India expansion — Apple often owns machines used by partners, but not in India
Paul Sandle / Reuters: Ofcom fines 4chan £20K under the OSA for failing to provide information on the risk of illegal content; a UK minister says the government “fully backed” Ofcom — Britain said on Monday it had issued U.S. internet forum site 4chan with a 20,000 pound ($26,644) …