Technology

EA to Go Private in Record $55 Billion Deal, Shareholders to Receive $210 Per Share

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Electronic Arts (EA) announced Monday that it will be taken private in a massive $55 billion all-cash acquisition led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. Under the agreement, EA shareholders will receive $210 per share in cash, marking one of the largest leveraged buyouts in Wall Street history. The […]

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

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Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Super Micro Stock Dips 6% After Missing Revenue Targets in Weak Preliminary Q1 Report

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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, […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Standard Chartered CEO Predicts Blockchain Will Power Nearly All Global Transactions in the Future

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HONG KONG — Bill Winters, the CEO of Standard Chartered, envisions a future where blockchain technology underpins almost every financial transaction worldwide, as adoption of digital assets within mainstream banking continues to accelerate. Speaking at Hong Kong FinTech Week, Winters shared his conviction that “virtually all transactions will eventually be settled on blockchains” and that […]

Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

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Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]

Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

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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 […]

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

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Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

iPhone 17 Launches Worldwide as Apple Faces Rising AI Scrutiny and China Competition

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The highly anticipated iPhone 17 officially hit global store shelves on Friday, sparking massive queues from Beijing to London. Beyond the excitement of launch day, Apple is under mounting pressure to prove itself — both in delivering stronger artificial intelligence capabilities and in standing firm against intensifying competition from Chinese smartphone makers. For the first […]

Apple Delays iPhone Air Launch in China Over eSIM Approval Hurdles

Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains

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In a rare and extraordinary move, the Dutch government has taken control of Nexperia, a Netherlands-based semiconductor company owned by China’s Wingtech Technology, to safeguard Europe’s access to critical chip supplies amid escalating global trade tensions. Nexperia is a key producer of high-volume semiconductors used across the automotive, consumer electronics, and industrial sectors, making it […]

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Global Push for Online Child Safety Sparks Surge in AI-Powered Protection Tools

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A worldwide movement for safer internet use has accelerated the development of artificial intelligence-driven solutions designed to shield children from harmful online content. In the U.K., the recently enacted Online Safety Act now requires tech companies to safeguard minors from inappropriate materials, cyberbullying, scams, and child exploitation. Firms found in violation risk fines of up […]

Report Reveals Meta’s Ties With National PTA Amid Rising Concerns Over Child Safety