Texas Sues TikTok Over Alleged Violations of Child Privacy Law
Texas has filed a lawsuit against TikTok, alleging that the platform has violated the state’s newly introduced child privacy law. The lawsuit, brought by Attorney General Ken Paxton, challenges the…
Huawei Announces Meng Wanzhou as New Rotating Chairperson
Huawei announced that Meng Wanzhou has officially taken over as the rotating chairperson of the company for the next six months, replacing Eric Xu. Meng, who is the daughter of…
Foxconn Announces Speaker Lineup Including Nvidia, Google, and BMW Execs
Executives from major companies, including Nvidia, Google, and BMW, are set to speak at Foxconn’s annual tech day forum next week, according to a statement by the world’s largest contract…
China appeals to WTO over Canada’s new tariffs on EVs and metal imports
China has filed an appeal to the World Trade Organization (WTO) to challenge Canada’s tariffs on electric vehicles (EVs), steel, and aluminum products. The Chinese Ministry of Commerce announced this…
Apple faces production challenges after Tata plant fire in India
Apple may need to source critical iPhone components from China after a fire at Tata Group’s plant in southern India caused significant production disruptions, according to industry insiders. The fire…
Oracle plans major $6.5 billion cloud investment in Malaysia
Oracle plans to invest over $6.5 billion to establish its first public cloud region in Malaysia, marking one of the largest single technology investments in the country to date. This…
Google commits $1 billion to build data center and boost AI growth in Thailand
Google announced Monday a $1 billion investment in Thailand, equivalent to 36 billion Thai baht, aimed at establishing a new data center and expanding cloud infrastructure within the country. This…
India Aims to Fabricate First Semiconductor by 2026 Amid Major U.S. Tech Investments
India is set to produce its first semiconductor chip within two years, according to Commerce Minister Piyush Goyal, who shared the update during an interview with CNBC. This announcement coincides…
Malaysia Announces Plans for National Cloud Policy and AI Regulations
Malaysia is set to implement a national cloud policy and establish AI regulations to ensure ethical practices, according to Prime Minister Anwar Ibrahim. This decision follows significant investments by global…
South Korea Sees Strong Export Growth Driven by Semiconductor Demand
South Korea’s export growth remained strong in September, driven by high global demand for semiconductors, contributing to optimistic economic growth forecasts. Adjusted for working-day differences, exports increased by 12.9% compared…
Europe prepares to decide on new tariffs for Chinese electric vehicle imports
The European Union is set to vote on October 4 to decide whether to impose tariffs as high as 45% on imported electric vehicles (EVs) manufactured in China, according to…
BYD announces recall of top-selling Dolphin and Yuan Plus EVs
BYD is recalling nearly 97,000 electric vehicles due to a manufacturing fault in the steering control unit, which poses a potential fire risk, according to the Chinese market regulator. The…
ByteDance Turns to Huawei Chips for New AI Model Development
ByteDance is reportedly preparing to develop a new artificial intelligence model using Huawei chips, as U.S. trade restrictions push the Chinese tech giant to seek domestic alternatives. According to three…
Epic Games accuses Samsung and Google of blocking rival app stores
Epic Games has accused Samsung and Google of colluding to stifle competition and restrict user choice in a lawsuit filed on Monday. The legal action claims that Samsung’s Auto Blocker…
Cerebras Announces IPO Plans to Compete with Nvidia in AI Market
Artificial intelligence chipmaker Cerebras Systems has filed for an initial public offering (IPO), aiming to trade under the ticker symbol “CBRS” on the Nasdaq. The company, founded in 2016 and…
Nio to Invest US$1.9 Billion in China Unit as EV Expansion Continues
Chinese electric vehicle (EV) manufacturer Nio Inc. is set to inject 13.3 billion yuan (US$1.9 billion) into its China unit through a combination of its own funds and contributions from…
Micron’s Impressive Forecast Sparks Global Chip Market Rally
Global chip stocks saw a significant rally on Thursday following U.S. semiconductor maker Micron’s revenue guidance, which surpassed market expectations. Micron projected revenue of $8.7 billion, plus or minus $200…
CATL Confirms Small Disruption After Battery Plant Fire in Ningde
China’s Contemporary Amperex Technology Co. Ltd. (CATL) announced that a fire at its battery factory in Fujian province has caused limited disruption to production, with a relatively small number of…
Fire investigation begins at Tata factory making Apple iPhone parts in India
Indian authorities are preparing to conduct a forensic investigation following a fire at the Tata Electronics factory in Hosur, Tamil Nadu, which manufactures components for Apple iPhones. The fire broke…
Alibaba and Tencent Surge as Beijing Stimulus Boosts Tech Stocks to 13-Month High
Chinese tech stocks saw a notable surge this week, with companies like Alibaba and Tencent hitting levels not seen in over a year. This rally comes on the heels of…