New funding round doubles size of Shanghai chip investment fund to about $2bn as China faces increasingly stringent US sanctions
News Workspace
Shares In EV Maker Ola Spike After Motorcycle Launch
Indian EV maker Ola Electric sees shares spike on launch of electric motorcycle and plans to cut costs by making own batteries
Duke of Sussex Speaks Against Online Misinformation
Duke of Sussex speaks out against misinformation at summit on digital responsibility during four-day trip to Colombia
Texas Instruments Receives $1.6bn In US Gov’t Chip Funding
Texas Instruments to receive $1.6bn in grants and billions more in loans and tax credits toward construction of three new chip plants
IT Stress Points For SMEs Identified By TalkTalk Business
There are plenty of issues to keep large corporate CIOs awake at night, but what are the IT stress points for small to medium enterprises?
China To Limit Export Of Another Critical Mineral
Tit for tat. Beijing is to impose export limits on the strategic metal antimony and related elements due to “national security”
Spotify To Add EU Pricing Info To iOS App
Apple relents and allows Spotify's iOS app to offer pricing information for EU users, ending years long standoff
Intel Sells Stake In British Chip Designer ARM
Amid its turnaround struggles and job cuts, Intel sells its 1.18 million share stake in UK chip designer ARM Holdings
DoJ Considers Google Breakup After Landmark Monopoly Ruling
US Department of Justice is reportedly considering the breakup of Google as one of the possible options, after monopoly ruling
Polish Billionaire, Wife To Sue Meta Over Misinformation
Polish billionaire Rafal Brzoska and wife Omenaa Mensah plan to sue Meta over fake ads on Facebook, Instagram spreading misinformation
Reddit CEO Hints At Subreddit Paywalls
Reddit co-founder and CEO has hinted that paywalls for certain subreddits could be on the way, in latest monetisation move
Dell Begins Fresh Round Of Job Losses, Amid AI Move – Report
More job losses for tech sector as reports suggest Dell is cutting as much as 10 percent of global workforce, or 12,500 staff
Google Discontinues Chromecast Portfolio
The Chromecast portfolio is being discontinued by Google, after the streaming dongle had first gone on sale back in 2013
Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash
Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge
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
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
Apple Beats Expectations, Despite Falling iPhone Sales
Another solid quarterly financial performance from Apple, despite concerns over iPhone shipments in mainland China
CrowdStrike Sued By Shareholders After Huge IT Outage
IT outage fallout. CrowdStrike sued by shareholders who allege firm defrauded them by concealing inadequate software testing
US To Exempt Allies From Expanded China Chip Equipment Export Rules
Biden administration reportedly will exempt certain allied countries from tougher chip equipment export rules to China
Microsoft Slowdown In Cloud Growth Worries Wall Street
Share price falls after investors react negatively, as Microsoft's Azure growth misses ambitious expectations
CrowdStrike Shares Plunge Amid Delta Compensation Report
Shares in CrowdStrike take another hit after report suggests Delta Air Lines will seek compensation for recent global IT outage
Intel To Cut Thousands Of Jobs – Report
Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump
Xiaomi Buys $116m Plot To Expand Bejing EV Factory
Smartphone maker Xiaomi buys 131-acre plot of land in Beijing to expand initial EV plant following rapid sales of SU7 sedan
SK Hynix To Invest $6.8bn In Yongin Memory Chip Plant
SK Hynix to invest $6.8bn in first plant in emerging chip hub of Yongin amidst soaring demand for memory used in AI processors
Russia Throttles YouTube Over ‘Anti-Russian Policy’
Russia reduces speed of YouTube by 70 percent this week following multiple fines over failure to remove banned content
OpenAI Tests Search Engine Prototype Called ‘SearchGPT’
Google's dominance of online search is being challenged, after OpenAI unveiled a search prototype tool called SearchGPT
CrowdStrike CEO: 97 Percent Of Windows Sensors Back Online
One week after the world's largest IT outage, the head of CrowdStrike says nearly all impacted machines are back online
Amazon Developing Cheaper AI Chips – Report
Engineers at Amazon's chip lab in Austin, Texas, are racing ahead to develop cheaper AI chips that are faster than Nvidia's
CrowdStrike Blames ‘Undetected Error’ For World’s Largest IT Outage
CrowdStrike CEO summoned to testify before US Congress, as firm provides update about update that crashed millions of computers last week
Google Cancels Plan To Axe Third Party Cookies For Chrome Browser
Better switch to Firefox? After years of delays, Google performs u-turn and will no longer cancel third-party tracking cookies