Tencent Cloud to Expand Palm Verification Technology Globally
Tencent Cloud, a subsidiary of Tencent Holdings Ltd, is set to introduce its advanced palm verification technology to the global market. This system, which has seen widespread use in China…
Fintech Drip Capital Raises $113 Million to Support SMB Growth
Drip Capital, a Palo Alto-based fintech company that provides working capital to small and medium-sized businesses (SMBs), has secured $113 million in funding to further expand its operations. This latest…
Applied Digital Surges 65% After Securing $160 Million Investment Including Nvidia
Applied Digital shares saw a sharp rise of nearly 65% on Thursday, reaching their highest point in over a month, following news of a $160 million financing deal with a…
Qualcomm, Google, and Samsung Join Forces for Mixed-Reality Smart Glasses
Qualcomm CEO Cristiano Amon revealed that the company is working with Samsung and Google to develop mixed-reality smart glasses connected to smartphones. This marks a distinct approach compared to Apple,…
Volvo Blames Global Trade Issues for Lowered 2026 Profit Margin Target
Volvo Cars has revised its 2026 profitability targets, citing global trade and tariff complexities. On Thursday, the Swedish automaker, majority-owned by China’s Geely, announced it would lower its operating profit…
BYD Aims to Overcome Challenges in Japan’s EV Market
BYD, China’s largest electric vehicle (EV) manufacturer, faces challenges in its bid to expand into the Japanese market, despite efforts to boost sales through aggressive marketing and customer incentives. The…
Nvidia Responds to Claims of DOJ Antitrust Subpoena
Nvidia confirmed on Wednesday that it has not received a subpoena from the U.S. Department of Justice (DOJ) over antitrust concerns, despite reports to the contrary. Addressing the matter, a…
Alibaba Expands Payment Options by Adding Tencent’s WeChat Pay
Alibaba has announced that its Taobao and Tmall e-commerce platforms will soon allow users to make payments through Tencent’s WeChat Pay, marking the first time such an option has been…
Qualcomm’s Latest AI PC Chip Challenges Intel and AMD in Processor Market
Qualcomm has intensified its efforts to challenge Intel and AMD in the PC processor market with the launch of its latest AI-focused chip. On Wednesday, Qualcomm introduced the Snapdragon X…
AMD and Intel Join Microsoft’s Copilot+ AI Feature Rollout
Microsoft has announced that its Copilot+ AI features will soon be available on AMD and Intel laptops, with a rollout expected in November via free Windows 11 updates. Initially exclusive…
Intel Faces Possible Removal from Dow Jones as Shares Plunge
Intel’s long-standing presence in the Dow Jones Industrial Average is at risk as its share price continues to decline. The American chipmaker, which became one of the first tech companies…
China Boosts Chipmaking Capacity with Record-Breaking Investments
China is significantly increasing its spending on chipmaking machines, surpassing all other nations, as it invests heavily to bolster its local manufacturing industry amidst US-backed sanctions. A recent report by…
Sony Shuts Down Concord After Just Two Weeks on the Market
Sony is shutting down its newly launched online shooter, Concord, just two weeks after its release due to low sales and lukewarm player interest. Starting Tuesday, customers who purchased the…
Nvidia Faces Subpoena from U.S. DoJ as Antitrust Concerns Grow
The U.S. Department of Justice (DoJ) has issued a subpoena to Nvidia, intensifying its antitrust investigation into the AI chipmaker, according to Bloomberg News. This move follows earlier inquiries where…
World’s First Jet-Powered Humanoid Robot Developed in Italy
A jet-powered humanoid robot, named iRonCub3, developed by researchers at the Italian Institute of Technology (IIT), is capturing attention for its ability to fly using four jet engines. This robot,…
BigEndian Founders Aim to Boost India’s Semiconductor Industry
BigEndian Semiconductors, a fabless design startup based in Bengaluru, is leveraging its founders’ extensive chip industry experience to boost India’s position in the global semiconductor market. The company, established in…
Japan’s Chip Restrictions Could Spark Economic Backlash from China
China has issued a stern warning to Japan about potential economic retaliation if Tokyo proceeds with further restrictions on the sales and servicing of chipmaking equipment to Chinese companies, as…
Nvidia Faces Historic $279 Billion Loss as AI Enthusiasm Wanes
Nvidia experienced a record-breaking $279 billion loss in market value on Tuesday as its shares dropped by 9.5%, marking the largest single-day decline ever for a U.S. company. The downturn…
Investigation Launched by South Korea into Telegram’s Role in Deepfake Distribution
South Korean police have initiated an investigation into Telegram to determine whether the encrypted messaging app has played a role in the distribution of sexually explicit deepfake content, as reported…
European Chip Sector Calls for Faster Aid and New ‘Chips Act 2.0’
Europe’s main semiconductor industry body, the European Semiconductor Industry Association (ESIA), has urged the European Union to enhance support for the chip sector. This includes accelerating aid disbursement, developing a…