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Google loses challenge against EU antitrust decision, other probes loom

Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up pressure. …

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Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 11(Reuters) – The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence …

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Apple unveils iPhone 14 with emergency satellite messaging, Ultra Watch

Apple unveils iPhone 14 with emergency satellite messaging, Ultra Watch

Register now for FREE unlimited access to Reuters.com Register Sept 7 (Reuters) – Apple Inc (AAPL.O) introduced new iPhone 14 models capable of using satellites to send emergency messages and an adventure-focused Ultra Watch for sports like diving and triathlons. The sports and outdoor-focused products will test whether Apple’s relatively affluent customer base will keep …

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Arm sues Qualcomm, aiming to unwind Qualcomm's $1.4 bln Nuvia purchase

Arm sues Qualcomm, aiming to unwind Qualcomm’s $1.4 bln Nuvia purchase

Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Aug 31 (Reuters) – Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), on Wednesday said it had sued Qualcomm Inc (QCOM.O) …

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U.S. officials order Nvidia to halt sales of top AI chips to China

U.S. officials order Nvidia to halt sales of top AI chips to China

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith Register now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told it to stop exporting two top computing chips for artificial …

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Wall Street ends in a hole after Powell's Wyoming speech

Wall Street ends in a hole after Powell’s Wyoming speech

Fed will keep tightening until inflation controlled – Powell Core PCE increases 0.1% in July vs. 0.6% rise in June Dell, Affirm tumble on weaker forecasts Indexes down: Dow 3.03%, S&P 3.37%, Nasdaq 3.94% Lower for the week: Dow 4.2%, S&P 4%, Nasdaq 4.4% Aug 26 (Reuters) – Wall Street ended Friday with all three …

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Wall St ends higher, Cisco Systems jumps after forecast

Wall St ends higher, Cisco Systems jumps after forecast

Investors still assessing Wednesday’s Fed minutes Kohl’s slashes 2022 forecasts Indexes: Dow up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% NEW YORK, Aug 18 (Reuters) – U.S. stocks ended higher Thursday as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong. Investors …

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U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies. If President Joe Biden’s …

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Tesla profit tops target; Musk sees no demand problem

Tesla profit tops target; Musk sees no demand problem

A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register July 20 (Reuters) – Tesla Inc (TSLA.O) on Wednesday reported a smaller-than-expected drop in quarterly profit as a string of price increases on its electric vehicles (EVs) helped offset production challenges …

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How China became ground zero for the auto chip shortage

How China became ground zero for the auto chip shortage

TAIPEI/SHANGHAI/SINGAPORE, July 19 (Reuters) – From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers – at least in China. Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and …

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