US Finalises $6.6bn Award For TSMC Arizona Plants

12 hours ago
Matthew Broersma

US Commerce Department finalises $6.6bn subsidy to TSMC for leading-edge chip plants in Arizona, as Biden term nears end

SpaceX Prepares Tender Offer At $250bn Valuation

SpaceX to begin tender offer in December valuing company at $210bn, as Elon Musk's xAI raises $5bn at $45bn valuation

13 hours ago

US Releases Security Advice For AI In Critical Infrastructure

US Department of Homeland Security releases advice for development and deployment of AI in critical infrastructure, amidst security concerns

13 hours ago

Lenovo Beats Estimates, Raises Projections As PC Sales Recover

World's biggest PC maker Lenovo beats sales predictions, raises forecast for 2025 as AI capabilities, Windows 11 spur upgrades worldwide

14 hours ago

China Chip Production Slows Ahead Of New US Sanctions

Chip production slows in China in October ahead of expected export controls, while annual EV production capacity surges past 10…

14 hours ago

Which? Seeks £3bn In Apple iCloud Competition Claim

Apple effectively locked 40 million UK users into iCloud and overcharged them, claims £3bn legal action from consumer group Which?

15 hours ago

Amazon Haul Offers ‘Crazy Low Prices’ To Counter Temu, Shein

Amazon launches Haul mobile experience with prices capped at $20 in face of low-cost competition from China-based rivals Temu, Shein

15 hours ago

Northvolt Mulls US Bankruptcy Protection – Report

Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option

3 days ago

FTC Plans Investigation Into Microsoft Cloud Business – Report

Microsoft's cloud business practices are reportedly facing a potential anti-competitive investigation by the FTC

3 days ago

Programmer Sentenced To Five Years In Prison For Bitcoin Laundering

Ilya Lichtenstein sentenced to five years in prison for hacking into a virtual currency exchange Bitfinex and stealing 119,000 Bitcoin

3 days ago

Hate Speech Watchdog CCDH To Quit Musk’s X

Target for Elon Musk's lawsuit, hate speech watchdog CCDH, announces its decision to quit X ahead of terms of service…

4 days ago

Meta Fined €798m Over Alleged Facebook Marketplace Violations

Antitrust penalty. European Commission fines Meta a hefty €798m ($843m) for tying Facebook Marketplace to its social network

4 days ago

Elon Musk Rebuked By Italian President Over Migration Tweets

Elon Musk continues to provoke the ire of various leaders around the world with his tweets about immigration and other…

4 days ago

VW, Rivian Launch Joint Venture, As Investment Rises To $5.8 Billion

Volkswagen and Rivian officially launch their joint venture, as German car giant ups investment to $5.8 billion, depending on certain…

4 days ago

AMD Axes 4 Percent Of Staff, Amid AI Chip Focus

Merry Christmas staff. AMD hands marching orders to 1,000 employees in the led up to the Christmas holiday period

4 days ago

Tesla Recalls 2,431 Cybertrucks Over Propulsion Issue

Recall number six in 2024 for Tesla Cybertruck, and this time the fault cannot be fixed with an over-the-air software…

4 days ago

Meta Must Face Antitrust Trial Over Instagram, WhatsApp Purchases

Legal issues continue for Meta, after US judge rules it must face trial over FTC's antitrust concerns about Instagram, WhatsApp

5 days ago

Bitcoin Surges To Above $93,000 For First Time

Bitcoin price reaches new record, amid hope that incoming Trump administration will implement crypto-friendly policies

5 days ago

Users Flock To Bluesky Post Election, As Guardian Leaves X

Bluesky briefly tops download charts in UK and US, as Guardian newspaper says it is no longer posting on Elon…

5 days ago

Apple To Launch AI Wall ‘Tablet’ – Report

Smart home expansion? Apple reportedly developing an 'AI wall tablet' for smart home control, Siri, video calls

5 days ago

Waymo Opens Ride-Hailing Services In Los Angeles

End of road for taxi drivers? More people seeking transportation in Los Angeles can now summon a driverless Waymo robotaxi

5 days ago

Trump Appoints Elon Musk To Lead Government Efficiency Department

Slash-and-burn cuts for federal staff? Elon Musk and former presidential candidate Vivek Ramaswamy appointed to lead Doge

5 days ago

Huawei Asks Judge To Dismiss Charges In US Federal Case

Huawei asks judge to dismiss many charges in US controversial federal case that dates back to 2018 under first Trump…

7 days ago

Japan To Invest $65bn In Chip Industry

Japan announces $65bn in subsidies and other incentives to boost production of advanced chips and AI semiconductors amidst China sanctions

7 days ago

FTX Sues Binance Over Alleged $1.8bn Fraud

Bankrupt FTX sues former rival Binance for allegedly fraudulent transfer of $1.8bn weeks before crypto company's spectacular collapse

7 days ago

Amazon Developing Smart Glasses For Delivery Drivers

Amazon reportedly developing smart glasses to provide delivery drivers with step-by-step instructions for last mile of deliveries

7 days ago

Australian States Support Social Media Ban For Under-16s

Australian states and territories unanimously support social media ban for youths under 16, amidst growing addiction concern

7 days ago

US Orders TSMC To Halt AI Chip Sales To China

US Commerce Department orders Taiwan's TSMC to halt sales of advanced AI accelerators to mainland Chinese customers as of Monday

7 days ago

Bitcoin Rises Above $84,000 On US Election Optimism

Bitcoin price rises above $84,000 as investors bet incoming US government will implement crypto-friendly policies

1 week ago

Regulator Demands Answers Over Tesla FSD Social Media Posts

US regulator says Tesla's messaging on social media could lead drivers to believe 'Full Self-Driving' feature does not require oversight

1 week ago