Germany Prioritizes Global Min. Tax, Says Fin. Minister
German Finance Minister Christian Lindner said Friday that Germany’s goal is implementing the second pillar of the global minimum tax…
Tesla Cuts Model Y Production in Shanghai
According to industry data and a source, Tesla (TSLA.O), opens new tab has dropped Model Y production at its Shanghai plant by a double-digit…
Elon Musk Opposes U.S. Tariffs on Chinese EVs
Tech investors in Paris on Thursday saw Tesla (TSLA.O) creator Elon Musk reject U.S. tariffs on Chinese electric cars (EVs), reversing his…
Canva Launches Enterprise Product
In 2019, Canva, a design tool that achieved tremendous success, introduced an enterprise product that was more suitable for teams than for…
Foursquare Lays Off 105 Employees
Foursquare, which merged with Factual in 2020, is on the list of companies cutting jobs in 2024 In an email to employees dated Thursday…
Helsing Raises $4B in Defense Tech Bet
Helsing, a secretive AI business with contracts with European militaries, is in talks to receive $4 billion in finance, insiders told Forbes,…
Apple Explains iPhone Photo Bug Fix in iOS 17.5.1
Apple explains that the Photos flaw resolved in iOS 17.5.1 caused previously erased images to resurface for some iOS 17.5 users Apple swiftly…
Australia Sues Singtel’s Optus Over 2022 Cyber Attack
On Wednesday, Singapore Telecommunications (STEL.SI)-owned telecom provider Optus announced it was being sued by Australia’s media…
Samsung HBM Chips Failing Nvidia Tests
According to sources, Samsung Electronics‘ (005930.KS) latest high bandwidth memory (HBM) chips have failed Nvidia’s (NVDA.O) AI…
Nvidia Cuts China Prices in Huawei Chip Battle
According to insiders, Nvidia’s (NVDA.O), the most powerful AI processor for China, has had a rough start due to excess supply, causing…
Google’s HubSpot Acquisition to Challenge Microsoft
Alphabet’s (GOOGL) potential acquisition of HubSpot (HUBS), a $31 billion U.S. marketing software maker, would help it compete with…
Johansson’s OpenAI Feud Sparks Hollywood Fears
OpenAI’s apparent homage to the film “Her,” emulating Scarlett Johansson’s intonation, fuels a backlash against…
Ahold Delhaize Banks on AI For Profit Boost
On Thursday, Ahold Delhaize (AD.AS), opens new tab and announced it intends to enhance underlying profits per share and savings over 2025–2028…
South Korea Unveils $19B Chip Industry Aid
South Korea unveiled a 26 trillion won ($19 billion) chip assistance package on Thursday to keep up with ‘all-out battle’ in the…
Lenovo’s Revenue Growth Beats Expectations
The COVID-19 pandemic caused a decline in demand, but Chinese PC maker Lenovo Group (0992.HK), which opened a new tab, reported a 9% increase…
Microsoft’s UAE Deal May Transfer Key U.S. Tech Abroad
Microsoft (MSFT) opens new tab President Brad Smith said the tech company’s high-profile transaction with UAE-backed AI firm G42 could…
NVIDIA Predicts Revenue Beat, Splits Stock
Nvidia’s forecasted revenue beat and stock split announcement Wednesday drove shares to record highs, satisfying investors buoyed by AI…
SEC Chair Gary Gensler Opposes FIT21 Act
Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), has recently issued a statement expressing significant…
New Apple Minerals Evidence from Congo Lawyers
International lawyers for the Democratic Republic of Congo claimed new evidence suggests Apple may be sourcing minerals from conflict zones in…
Tencent, iFlytek Enter China’s AI Price War
Tencent (0700.HK) and iFlytek (002230.SZ) cut prices of large-language models (LLM) used to power ChatGPT-like chatbots on Wednesday, starting…