Oracle Cloud Infrastructure announced plans on Tuesday to deploy 50,000 Advanced Micro Devices (AMD) graphics processors starting in the second half of 2026, signaling a major shift in the cloud AI race. Following the news, AMD shares rose about 2%, while Oracle fell 4% and Nvidia slipped more than 3%, reflecting investor reactions to growing […]
Microsoft announced that beginning February 2025, employees based near its Redmond headquarters and across the Puget Sound region will be required to work on-site at least three days a week. The policy will gradually expand to other U.S. offices before rolling out globally. In an internal memo, Amy Coleman, Chief of Human Resources at Microsoft, […]
Super Micro Computer Inc. saw its shares drop over 6% on Thursday after releasing weaker-than-expected preliminary results for the first quarter of fiscal year 2026. The AI server manufacturer announced it anticipates revenue of around $5 billion for the quarter, falling short of its earlier guidance range of $6 billion to $7 billion. The shortfall, […]
Microsoft has revealed that multiple China-linked hacking groups have been actively exploiting a vulnerability in its SharePoint collaboration platform. According to a blog post by the tech giant, malicious activity tied to the Chinese threat actors known as Linen Typhoon, Violet Typhoon, and Storm-2603 began as early as July 7. These groups have attempted to […]
U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]
For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the booming world of artificial intelligence feels far removed from his daily challenges. While tech giants like Nvidia, Alphabet, and Broadcom continue to drive Wall Street to record highs and lift the nation’s GDP, many small and midsize businesses are fighting just to stay afloat. […]
Telegram has officially rolled out its integrated crypto wallet to 87 million users in the United States, allowing them to send, receive, and manage digital assets directly within the app—no separate downloads, browser extensions, or logins required. Called TON Wallet, the feature is now live within Telegram’s interface. It functions as a self-custodial wallet, meaning […]
It’s been a blockbuster week for tech investors, with courtroom rulings and boardroom deals fueling massive gains across the industry’s biggest players. A favorable antitrust ruling for Google sent shares of Alphabet and Apple soaring, while Broadcom rallied on news of a $10 billion AI chip contract. Meanwhile, Tesla rebounded as investors weighed in on […]
Apple has posted its first iPhone sales increase in China in two years, marking a key turnaround in one of its most vital markets, according to Counterpoint Research. In the quarter ending June, iPhone sales in the country rose 8% year-over-year. This growth was largely driven by strategic price reductions and promotional campaigns in May, […]
In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]