Nvidia Tops Apple to Become World’s Most Valuable Company
Nvidia has claimed the title of the world’s most valuable company, temporarily surpassing Apple on Friday after a historic stock rally driven by extraordinary demand for its artificial intelligence (AI)…
Intel Wins Overturning of €1bn Fine in EU Competition Case
Intel has won a significant victory in its long-running legal battle to overturn a €1.06bn (£880m) fine imposed by the European Commission for allegedly abusing its market dominance in the…
Amazon to End Same-Day Delivery Service from Brick-and-Mortar Stores
Amazon is shutting down its same-day delivery service, Amazon Today, which facilitated rapid deliveries from mall and brick-and-mortar retailers, according to information obtained by CNBC. Development on the service has…
Adobe Fresco Makes All Previously Paid Features Free for Everyone
Adobe has made its painting app, Adobe Fresco, entirely free, allowing users to access previously paywalled features without any cost. Originally launched nearly five years ago at $10 a year,…
Nvidia Strengthens AI Presence in India with New Partnerships
Nvidia is entering into a series of strategic partnerships with Indian companies to deploy its AI chips and technology, strengthening its presence in a key growth market. The U.S. chip…
IBM stock falls after third-quarter revenue disappoints Wall Street
IBM shares dropped by 3% in after-hours trading on Wednesday following the company’s third-quarter earnings report, which revealed lower-than-expected revenue from its consulting and infrastructure segments. While IBM’s adjusted earnings…
FTC’s Ban on Fake Online Reviews Officially Begins
A federal ban on fake online reviews is now in effect, marking a significant shift in online commerce practices. The Federal Trade Commission (FTC) has prohibited the creation, sale, and…
AI voice systems for cars get a boost from Qualcomm and Google partnership
Qualcomm and Google are partnering to help car manufacturers develop AI voice assistants for vehicles using the Android Automotive OS (AAOS). Qualcomm announced that it is collaborating with Google to…
Indian Startup Neysa Secures $30 Million to Expand AI Services
Neysa, an Indian AI startup, has raised $30 million in an all-equity Series A round as it seeks to position itself against global hyperscalers like AWS, Google Cloud Platform, and…
Fuji Soft Backs KKR’s Initial Offer as Bain Presents Higher Proposal
The board of Japan’s Fuji Soft (9749.T) is continuing to back the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, despite receiving a higher counter-offer…
Apple’s iPhone Sales in China Climb 20% in First Three Weeks
Apple’s new iPhone sales in China surged 20% in the first three weeks following their launch, according to data from research firm Counterpoint. This growth compares to the 2023 model’s…
Super Nintendo World in Orlando Set to Open May 2025
Super Nintendo World is set to open at Universal Orlando Resort on May 22, 2025. This will be the third Nintendo theme park globally, following locations in Los Angeles and…
Amazon Tells Employees to Embrace Five-Day-Office Mandate or Seek Jobs Elsewhere
Amazon’s cloud division CEO, Matt Garman, delivered a clear message to employees regarding the company’s return-to-office mandate during an all-hands meeting at Amazon’s second headquarters in Arlington, Virginia. Garman told…
Horizon Robotics Aims to Raise $696 Million in Largest Hong Kong IPO of 2024
Horizon Robotics, a Chinese autonomous driving firm, plans to raise up to $696 million in its upcoming Hong Kong initial public offering (IPO), marking the city’s largest listing of 2024.…
ASML Reveals Impact of U.S. Chip Export Curbs on China Sales
ASML, a key player in the global chip supply chain, has provided its first detailed insight into how U.S. export restrictions on advanced chip manufacturing tools will affect its sales…
Intel and AMD join forces to tackle competition from Arm
Intel and AMD announced on Tuesday they are joining forces to ensure software compatibility across their x86 chips, in response to growing competition from Arm Holdings. Intel, which developed the…
Xpeng President Confirms Long-Term Strategy for Europe Despite Tariff Challenges
Xpeng remains committed to its long-term strategy in Europe despite the pressures from newly imposed tariffs by the European Union, according to Brian Gu, vice chairman and co-president of Xpeng.…
Nvidia Nears Apple’s Value After Record-Setting Stock Rise
Nvidia, the renowned AI chipmaker, achieved a record stock close on Monday, with its shares reaching $138.07, fueled by investor confidence in the company’s continued dominance in AI technology. The…
ASML Reports 16% Share Plunge as China Sales Fall Short of Expectations
ASML shares dropped 16% after the Dutch semiconductor equipment maker released its financial results a day early, warning of weaker sales in China. The company’s forecast for 2025, now ranging…
Boeing Plans 10 Percent Workforce Reduction Affecting 17,000 Employees
Boeing is planning to reduce its workforce by approximately 10%, which equates to around 17,000 jobs, according to an email sent to employees by President and CEO Kelly Ortberg, Reuters…