KKR Explores Potential Takeover Bid for Chip Equipment Maker ASMPT
U.S. private equity firm KKR is reportedly considering a takeover bid for ASMPT, a Hong Kong-listed chip equipment maker. The report, initially shared by Bloomberg News, cites sources familiar with…
Nintendo Opens New Museum in Kyoto Celebrating 135 Years
Nintendo has launched a new museum in Kyoto, showcasing 135 years of history, from its beginnings as a playing card company to its current status as a global entertainment powerhouse.…
China Invests Over $100 Billion in Overseas Clean Energy Projects, Research Finds
Chinese firms have invested over $100 billion in overseas clean energy technology projects since 2023, according to research from Australian group Climate Energy Finance (CEF). The substantial investments aim to…
Nio and Monolith Join Forces for Real-Time AI Testing of EV Batteries
Nio has partnered with Monolith, a UK-based artificial intelligence software startup, to enhance real-time testing and improvement of electric vehicle (EV) battery packs. Leveraging Nio’s battery swapping service in Europe,…
WordPress Trademark Fight Intensifies as WP Engine Sues Automattic
WP Engine has filed a federal lawsuit against Automattic and its CEO, Matt Mullenweg, following a heated public dispute over the WordPress trademark and open-source project. WP Engine, a hosting…
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…
Tesla Recalls Over 27,000 Cybertrucks for Rear-View Camera Delay
Tesla has issued its fifth recall for the Cybertruck, which has been on the road for less than a year. This latest recall affects over 27,000 vehicles due to a…
Uber and Alphabet’s Wing Join Forces for Drone Delivery Pilot in Dallas
Uber’s Serve Robotics and Alphabet’s Wing have announced a new partnership aimed at revolutionizing last-mile delivery by combining sidewalk delivery robots with flying drones. This dual delivery system will be…
Study Finds Women of Color Candidates for Congress Subjected to More Online Abuse
Women of color running for Congress in 2024 have been disproportionately attacked on X, with offensive and hate speech aimed at them at significantly higher rates compared to other candidates,…
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…
Tesla Stops Selling Its Cheapest Model 3
Tesla has discontinued the sale of its most affordable vehicle, the Model 3 Standard Range Rear-Wheel Drive, previously priced at $39,000. This version is no longer available in Tesla’s online…
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…
OpenAI Raises $6.6 Billion, Reaching $157 Billion Valuation
OpenAI has raised $6.6 billion in its latest funding round, valuing the company at $157 billion. Thrive Capital, a key investor in OpenAI, led the round, with contributions from major…
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…
Sonos Reveals Plan to Fix App and Win Back Users
Sonos is working to recover from the negative impact of its troubled app relaunch earlier this year, which caused major frustrations for users and led to significant internal challenges for…
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…
Cruise Faces $1.5 Million Fine For Not Reporting Pedestrian Dragging Incident in Full Detail
Cruise, the autonomous vehicle division of General Motors, has been fined $1.5 million by the National Highway Traffic Safety Administration (NHTSA) for failing to fully disclose the details of an…
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…