Category: Technology

Reuters exclusively reported that Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday over its bundling of video app Teams into its Office product as the bloc’s regulator prepares to investigate the U.S. tech giant. The complaint, the second after Slack, comes as the EU competition enforcer prepares to open an...

Palantir executives say revenue growth will accelerate in the third quarter, reversing a trend from the last several years.

The new iPhone will launch after a September Apple event and will come just in time for the holidays.

Elon Musk said he may require surgery and is getting an MRI of his neck and upper back.

Paramount Global has agreed to sell Simon & Schuster to private equity giant KKR for $1.62 billion, the company said as it reported quarterly earnings.

Zach Kirkhorn, Tesla’s chief financial officer, stepped down from his role but will remain with the company through the end of the year.

Reuters was first to report that the U.S. Department of Energy had scrapped a proposed $200 million grant to lithium battery company Microvast Holdings after lawmakers cited concerns over its alleged links to China’s government. Microvast shares lost nearly a quarter of their value after the story was published. The Energy Department had been in...

Sources exclusively shared with Reuters that Avid Technology Inc (AVID.O), a provider of video and audio editing software and equipment, is exploring a potential sale.  The post Media editing software vendor Avid explores sale appeared first on Reuters News Agency.

Reuters exclusively reported that EU industry chief Thierry Breton has said proposed EU rules on artificial intelligence are not up for bargaining, in response to OpenAI CEO Sam Altman’s threat to quit Europe if the rules are too onerous. Altman caved the following day after Breton’s comments, tweeting that OpenAI was not going to leave...

Reuters exclusively reported that flat-screen maker LG Display is in a deal to supply high-end TV panels to Samsung Electronics in a deal that would help the South Korean firm turn profitable. For Samsung, the world’s largest TV vendor, the deal highlights how it is looking to expand in high-end organic light emitting diode (OLED) TV...