Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge
TECHNOLOGY POWERING BUSINESS
Latest Technology News (IT)
Brand Voice
The barbarians at your door. How to identify and defeat the cyberthreats facing your business today
Many of the cyberthreats your business faces are invisible. Learn how to shine a light on these threats and discover how to take action to protect your business
YouTube Hit By Thousands Of Outages In Russia
YouTube suffers thousands of outages in Russia as Ukrainian forces conduct raid inside Russia's Kursk region
Elon Musk Says “No Choice” But To Close X’s San Francisco HQ
No choice for X to close down its San Francisco headquarters and relocate to Texas, as Musk blames “processing payments”
Waymo Expands Ride-Hailing Service, Amid Growing Demand
Alphabet's Waymo will expand its autonomous ride-hailing service areas in both Los Angeles and San Francisco
UK ICO Fines NHS Supplier For Medical Records Breach
NHS supplier Advanced Computer Software Group fined £6m for data breach that exposed medical records of 82,000 people
Musk Hits Out At UK Justice System, Amid War Of Words
UK government calls on Elon Musk to act responsibly amid provocative posts about unrest, but Musk lashes out at the Prime Minister
Microsoft, CrowdStrike Hit Back At Delta’s Compensation Bid
Delta's old infrastructure blamed for its long recovery from global IT outage that resulted in over 6,000 cancelled flights
Elon Musk’s X Sues Advertisers Over “Massive Advertiser Boycott”
Advertising boycott. Lawsuit filed against World Federation of Advertisers and member firms Unilever, Mars, CVS Health and Orsted
TikTok Asks Court To Reject Secret Court Filings In Ban Challenge
TikTok, ByteDance ask appeals court to reject US request to file parts of case in secret as companies challenge US divestiture-or-ban law
TikTok Withdraws Rewards Programme From EU After DSA Probe
TikTok to withdraw TikTok Lite Rewards programme from EU in first case to be resolved under bloc's new Digital Services Act rules
Musk Files New Lawsuit Against Altman, OpenAI
Elon Musk files new lawsuit against OpenAI, chief executive Sam Altman over claims company defrauded him by becoming commercial entity
Mercedes-Benz To Test Fully Autonomous Vehicles In Beijing
Mercedes-Benz Group first international company to be given permit to test Level 4 fully autonomous vehicles on Beijing roads, as Tesla waits
US Judge Finds Google ‘Is Monopolist’ In Landmark Ruling
US federal judge rules Google illegally maintained monopoly in search and advertising, opening way to remedy phase of trial
Bitcoin Plummets As Investors Dump Risky Assets
Price of Bitcoin plunges sharply, ending rally that started in January with approval of spot Bitcoin ETFs as investors flee risky assets
Government Takes Social Media To Task Over Violence
Government promises action against people inciting violence online as home secretary says social media firms should be doing more
Customers Flock To Shein South Africa Pop-Up Store
Chinese-founded online retailer Shein sees strong demand at first pop-up store in South Africa as it faces criticism from authorities
Coinbase Chief Executive Sees Political ‘Shift’ On Crypto
Coinbase chief executive Brian Armstrong says support for crypto industry increasing across political spectrum ahead of elections
Google Hires Character.AI Staff, Licenses Tech
Character.AI co-founders Noam Shazeer, Daniel De Freitas to return to Google along with other researchers in latest AI 'acqui-hire'
Amazon Shares Plummet On Slowing Sales
Amazon shares sink after it reports slowing sales amidst consumer bargain-hunting and competition from China's Temu and Shein
Google Project Astra: The AI Assistant We Have Been Waiting for?
Google's latest AI innovation, Project Astra, promises to redefine our interaction with technology. Could Astra be the breakthrough AI assistant we've been anticipating? Explore how this cutting-edge development aims to transform our d ...
US Sues TikTok Over ‘Massive’ Children’s Privacy Breach
In latest legal challenge Department of Justice, FTC sue TikTok, ByteDance over alleged use of children's data without parental consent
Intel, Nvidia Stocks Slide Amidst Chip Turmoil
Intel stock price plummets most in 50 years after it announces job cuts, as Nvidia declines on report of AI antitrust probe
SEC Charges IRL Founder With Investor Fraud
US regulator says Abraham Shafi fraudulently raised millions for social media platform IRL while using investor funds for personal expenses
Apple Beats Expectations, Despite Falling iPhone Sales
Another solid quarterly financial performance from Apple, despite concerns over iPhone shipments in mainland China
Government Shelves £1.3 Billion UK Tech, AI Plan
Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects
Intel To Cut 15 Percent Of Workforce, Suspends Dividend
Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments
EU Approves Hewlett Packard Enterprise’s $14bn Juniper Acquisition
European Commission approves HPE's $14 billion acquisition of Juniper Networks, leaving the UK the last remaining obstacle
Elon Musk Sued By Former CNN Anchor Over Cancelled X Deal
Lawsuit time. Musk had cancelled contract with Don Lemon for talk show on X, after questioning over platform's content moderation practices
Synchron Embeds Apple Vision Pro With Brain Interface
Patient implanted with Synchron computer brain interface becomes first person in the world to use Apple Vision Pro headset
Meta Posts Strong Q2 Amid Heavy AI Spending
Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price