By Blake Brittain (Reuters) – Chipmaker Micron Technology owes computer-memory company Netlist $445 million in damages for violating Netlist’s patent rights in memory-module technology for high-performance computing, a U.S. jury said on Thursday. Jurors in the U.S. District Court for the Eastern District of Texas agreed with Netlist that Micron’s semiconductor-memory products infringe two Netlist…
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – The implementation of the second pillar of the global minimum tax deal is Germany’s priority and further ideas should not be discussed until there is an agreement on the first pillar, German Finance Minister Christian Lindner said on Friday. “In the second pillar we already have…
LONDON (Reuters) -Tobacco companies still actively target young people via social media, sports and music festivals and new, flavoured products, the World Health Organization (WHO) said on Thursday, accusing companies of trying to hook a new generation on nicotine. Amid ever-stricter regulation targeting cigarettes, big tobacco companies and new entrants have begun offering smoking alternatives…
By Nidal al-Mughrabi CAIRO (Reuters) -Israeli forces pushed deep into the ruins of Gaza’s northern edge on Monday to recapture an area from Hamas fighters, while in the south tanks and troops pushed across a highway into Rafah, leaving Palestinian civilians scrambling to find safety. Some of the most intense fighting for weeks is raging…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three largest economies – China, the United States and euro zone – sets the tone for world markets this week, and Asia gets the ball rolling on Monday following the April figures out of Beijing at…
MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more than two years into the Ukraine war, the Kremlin said. Below are some facts about Andrei Removich Belousov: * Belousov, 65, graduated from the…
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025, the report said. Mass production will be handled by contract manufacturers and is…
By Moayed Kenany, Adam Makary and Timour Azhari BAGHDAD (Reuters) -Chinese companies won five more bids to explore Iraqi oil and gas fields, Iraq’s oil minister said on Sunday, as the Middle Eastern country’s hydrocarbon exploration licensing round continued into its second day. Chinese companies have been the only foreign players to win bids so…
SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a “war” in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of…
(Reuters) -Billionaire investor Kenneth Griffin called on his alma mater Harvard University on Saturday to embrace “Western values”, saying that the turmoil across college campuses was the product of a “cultural revolution” in U.S. education. Griffin, founder of U.S. hedge fund Citadel, told the Financial Times in an interview that the U.S. had “lost sight…
