Enterprise

Nvidia FY25 Profit Rises 130 Percent, Amid AI BoomNvidia FY25 Profit Rises 130 Percent, Amid AI Boom

Nvidia FY25 Profit Rises 130 Percent, Amid AI Boom

Despite stunning financial results Nvidia shares were muted, as concern over new chip costs offset optimism over AI demand

1 month ago
EU ‘Unconditionally Approves’ Nokia’s $2.3bn Infinera PurchaseEU ‘Unconditionally Approves’ Nokia’s $2.3bn Infinera Purchase

EU ‘Unconditionally Approves’ Nokia’s $2.3bn Infinera Purchase

As expected, European Commission approves Nokia’s $2.3 billion purchase of US data centre equipment provider Infinera

1 month ago
Tesla Value Declines As European Sales Plummet – ReportTesla Value Declines As European Sales Plummet – Report

Tesla Value Declines As European Sales Plummet – Report

Consequences for Elon? Tesla's market cap falls below $1 trillion as EU, UK sales plummet by almost half in January

1 month ago
Bybit Reserves ‘Fully Replenished ‘ After Record $1.5bn Crypto HackBybit Reserves ‘Fully Replenished ‘ After Record $1.5bn Crypto Hack

Bybit Reserves ‘Fully Replenished ‘ After Record $1.5bn Crypto Hack

Bybit says it has replenished its reserves through a mix of emergency loans and large deposits, after huge crypto heist

1 month ago
Alibaba Shares Surge On AI PlansAlibaba Shares Surge On AI Plans

Alibaba Shares Surge On AI Plans

Alibaba Group sees 15 percent rise in Hong Kong shares as it announced massive AI spending plans over next three…

1 month ago
Nigeria Sues Binance For $81.5bn For Economic Losses, Back TaxNigeria Sues Binance For $81.5bn For Economic Losses, Back Tax

Nigeria Sues Binance For $81.5bn For Economic Losses, Back Tax

Binance's troubles in Nigeria continue after that country filed a lawsuit seeking nearly $82 billion from the crypto exchange

1 month ago
Mira Murati AI Startup Launches With Some Familiar FacesMira Murati AI Startup Launches With Some Familiar Faces

Mira Murati AI Startup Launches With Some Familiar Faces

Former OpenAI CTO Mira Murati launches her AI startup, 'Thinking Machines Lab', with poached researchers, engineers

1 month ago
UK Rejects Chinese Plea Over Divest Order For Scottish Chip FirmUK Rejects Chinese Plea Over Divest Order For Scottish Chip Firm

UK Rejects Chinese Plea Over Divest Order For Scottish Chip Firm

High Court in the UK rules that Chinese owner must sell stake in Scottish chip design business without delay

1 month ago
South Korea Suspends DeepSeek From App StoresSouth Korea Suspends DeepSeek From App Stores

South Korea Suspends DeepSeek From App Stores

South Korean data authority suspends Chinese AI start-up DeepSeek from Apple, Google app stores while it addresses privacy issues

1 month ago
TSMC In Talks To Take Over Intel Chip FactoriesTSMC In Talks To Take Over Intel Chip Factories

TSMC In Talks To Take Over Intel Chip Factories

TSMC considers taking controlling stake in Intel's US factories under Trump administration proposal to safeguard US tech manufacturing

2 months ago
Nokia’s $2.3bn Infinera Deal Set For ‘Unconditional’ EU ApprovalNokia’s $2.3bn Infinera Deal Set For ‘Unconditional’ EU Approval

Nokia’s $2.3bn Infinera Deal Set For ‘Unconditional’ EU Approval

Nokia's $2.3bn Infinera buy set to make company world's second-biggest vendor of optical networking gear for data centres

2 months ago
Musk Says He Will Withdraw OpenAI Bid If It Remains Non-ProfitMusk Says He Will Withdraw OpenAI Bid If It Remains Non-Profit

Musk Says He Will Withdraw OpenAI Bid If It Remains Non-Profit

Elon Musk says he will abandon $97.4 billion offer to buy the non-profit behind OpenAI if it drops plan to…

2 months ago
UK Minister To State CMA Must Be ‘Less Risk Averse’UK Minister To State CMA Must Be ‘Less Risk Averse’

UK Minister To State CMA Must Be ‘Less Risk Averse’

Labour's business secretary Jonathan Reynolds to set out ‘strategic steer’ for UK competition regulator, after ousting chairman

2 months ago
SEC Files To Pause Legal Battle Against BinanceSEC Files To Pause Legal Battle Against Binance

SEC Files To Pause Legal Battle Against Binance

Donald Trump's crypto friendly SEC seeks to pause high-profile lawsuit against cryptocurrency exchange Binance

2 months ago
Man Pleads Guilty To Hack Of SEC X AccountMan Pleads Guilty To Hack Of SEC X Account

Man Pleads Guilty To Hack Of SEC X Account

Alabama man admits hack of a US Securities and Exchange Commission social media account to manipulate Bitcoin price

2 months ago

OpenAI Rebuffs $97.4 Billion Buyout Offer From Elon Musk Group

“No thank you” says OpenAI CEO Sam Altman, after group of investors led by Elon Musk make $97bn buyout offer

2 months ago

DeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche Bank

Success of China's DeepSeek helps spur broader interest in Chinese tech stocks, as investors reconsider AI business models

2 months ago

South Korean Prosecutors To Appeal After Samsung Boss ‘Not Guilty’ Ruling

After Samsung Chairman Jay Y. Lee's not guilty verdict this week, Korean prosecutors say they will appeal to Supreme Court

2 months ago

European Start-Ups Adopt DeepSeek To Cut Costs

European start-up executives say DeepSeek could make AI more accessible with services at fraction of cost of OpenAI

2 months ago

Trump Says Planned US Sovereign Wealth Fund Could Buy TikTok

US president orders creation of US sovereign investment vehicle, says it could buy China-owned TikTok as it faces national security…

2 months ago

Barclays Says Outage Caused By ‘Technical Issue’

Barclays says outage that affected banking services for many users over weekend was result of 'technical issue'

2 months ago

Grayscale Launches Fund Around ‘Joke’ Dogecoin Crypto Token

Grayscale Investments launches investment fund focused on Dogecoin, cryptocurrency token originally created as a joke

2 months ago

Apple iPhone Sales Dip Over Christmas Period, Despite AI

Despite heavily touting its AI credentials, iPhone sales slipped over Christmas period, as Apple continues to lose ground in China

2 months ago

DoJ Sues To Halt HPE $14bn Acquisition Of Juniper Networks

US Justice Dept sues to block HPE proposed acquisition of Juniper, cites elimination of competition in wireless networking

2 months ago

Sensitive DeepSeek Data Exposed Online

Cloud security firm Wiz finds sensitive data from AI start-up DeepSeek exposed online, after chatbot emerges into spotlight

2 months ago

OpenAI’s Altman Promises ‘Much Better’ Models After DeepSeek Reveal

OpenAI chief executive Sam Altman promises 'much better' AI models, fast-track release schedule after DeepSeek rattles markets

2 months ago

Point72 Founder Says DeepSeek Is ‘Super Bullish’ For AI Industry

Steve Cohen, founder of hedge fund Point72, says DeepSeek turmoil shows advancement toward artificial superintelligence 'coming quick'

2 months ago

US Probes DeepSeek National Security Implications

US officials investigating DeepSeek national security implications, amidst questions around privacy for AI start-up that rattled markets

2 months ago

DeepSeek Goes Quiet For Lunar New Year After AI Shock

Chinese AI start-up DeepSeek goes into quiet mode for week-long Lunar New Year holiday after shock popularity roils world tech…

2 months ago