Despite macroeconomic, geopolitical worries, Expereo reveals most businesses have a positive outlook and will increase tech investments
TECHNOLOGY POWERING BUSINESS
News Datacentre
Microsoft Reaches $2.6 Trillion Valuation Thanks To AI
Software giant Microsoft breaches $2.6 trillion valuation, but Apple remains the most valuable publicly listed tech company
Amazon Web Services Restored After Widespread Outage In US
Outage on Tuesday evening for Amazon Web Services that took down some major websites in the US, has been resolved
UK To Order Removal Of Chinese CCTV Kit From Sensitive Locations
Government to tighten procurement regime to protect national security, and pledges timeline for removal of Chinese surveillance equipment
China Urges Japan To Drop Chip Export Restrictions
Minister hits back and says China is “strongly dissatisfied with” Japan’s decision to halt the export of chipmaking equipment
Nvidia Builds ‘Grace’ CPU-Powered Supercomputer
Nvidia, known for GPUs, scores with for new Grace CPU in University of Bristol's Isambard 3 supercomputer, to be built with HP Enterprise
UK Government Unveils Long-Awaited £1 Billion Semiconductor Strategy
Long-awaited government strategy for UK semiconductor strategy unveiled, but some critics argue it is not enough
Microsoft Signs Nuclear Fusion Power Deal
Clean energy development. Helion Energy signs deal to provide clean nuclear fusion energy to Microsoft by 2028
US Warns Of Economic Damage If China Invades Taiwan
Chinese invasion of Taiwan would likely shut down chip production, causing huge economic impact for the world, US warns
ARM Files For IPO, But Not In London
Softbank's ARM Holdings registers for public listing in the US, in a blow to UK listing hopes and high level lobbying
Germany Denies Chip Making Chemical Export Ban To China
There are currently no plans ban export to China of chemicals used to manufacture semiconductors, Germany says
Intel Posts Largest Ever Quarterly Loss, But Shares Rise
Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price rises
Semiconductor Revenue To Decline In 2023, Gartner Warns
Gartner forecasts global semiconductor revenue to decline 11.2 percent in 2023, amid economic uncertainties and weakening demand
IT Spending To Grow 5.5 Percent In 2023, Predicts Gartner
Some good news for the tech sector, after Gartner predicts rise in IT spending during 2023, despite economic uncertainty
Amazon, Microsoft Cloud Services Face UK Antitrust Probe
Ofcom proposing to refer UK cloud market and two of its leading service providers to British antitrust watchdog
China Asks WTO To Scrutinise Chip Export Restrictions
Beijing seeks WTO help, and says it will “take decisive measures to safeguard its rights and interests” after Japan joined chip restrictions
Japan Joins US, Netherlands, In Chip Export Restrictions To China
Confirmation that Japan is now joining the US and the Netherlands in restricting semiconductor manufacturing equipment
TikTok Data Centre Blamed For Hampering Ukraine Ammo Production
Defence contractor Nammo blames TikTok data centre for hampering effort to ramp up ammunition production for Ukraine
Key Takeaways From TikTok’s CEO Grilling In US Congress
Torrid time for TikTok CEO, as Shou Zi Chew endured brutal questioning by US lawmakers over national security concerns
UK Watchdog Rules Against Broadcom’s $61bn VMware Buy
CMA's Phase 1 investigation of Broadcom’s proposed acquisition of VMware, concludes deal could lead to less innovation and drive up costs
Budget 2023: Industry Reaction To Quantum Investments etc
UK is the world's third largest tech economy, so Chancellor of the Exchequer Jeremy Hunt’s spring 'growth' budget has generated some reaction
Budget 2023: Chancellor Pledges £2.5 Billion For Quantum Computing
With UK predicted to avoid recession, spring budget by Chancellor Jeremy Hunt announces funding injections into tech sector
Netherlands Joins US In China Chip Export Restrictions
China logs official complaint, after the Netherlands plans new restrictions on exports of semiconductor tech
Major Twitter Outage Caused By Single Engineer – Report
Cost of conducting mass layoffs? Major Twitter outage this week triggered by just one engineer shutting down free access to Twitter API
Amazon Pauses Construction At Second HQ In Virginia
Construction on the second phase Amazon's HQ2 in Virginia has been paused, amid cost cutting at the e-commerce giant
Intel Offers Quantum SDK For Developers
Intel releases Quantum Software Development Kit (SDK) to assist development of quantum algorithms for next generation computers
Amazon Staff Push Back At Return-To-Office Order
Unhappy Amazon staff reportedly taking to internal websites and comms channels to complain about return-to-office order
ASML Data Theft By Ex China Staffer Violated Export Controls
ASML discovers its tech has been stolen by China employee, which resulted in violation of “certain export control regulations”
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
ARM Boss Committed To Public Listing In 2023
Chief executive Rene Haas says ARM is committed to an initial public offering this year, and plans are “underway now”