According to sources familiar with the discussions, White House-led negotiations on the future of TikTok are moving towards a plan where the major non-Chinese investors in parent company ByteDance would increase their stakes and acquire the U.S. operations of...
In a recent announcement, Oracle revealed its agreement to provide Singapore's defense technology arm with secure cloud computing and AI services, marking the company's inaugural partnership of this kind in Southeast Asia. Governments in this region are increasingly targeted...
The San Francisco Giants have recently sold a 10 percent stake in the team to private equity firm Sixth Street. The deal was confirmed by the team on Tuesday, although the exact amount of the investment remains undisclosed. This...
According to DeepMind founder Demis Hassabis, Britain should utilize its strengths to shape the global deployment of artificial intelligence. Hassabis, who established DeepMind in London in 2010 and later sold it to Google, highlighted the country's leading universities and...
Stocks declined last week due to uncertainty surrounding President Donald Trump's tariff plans and their potential impact on the economy. The S&P 500 fell over 3%, the Dow Jones Industrial Average dropped over 2%, and the Nasdaq Composite led...
According to a report from the Financial Times, Arm Holdings is set to revolutionize the chip industry by launching its own chip later this year. The company has already secured Meta Platforms as one of its initial customers, marking...
SoftBank Group Corp., a Japanese technology company, revealed a significant loss of 369.2 billion yen ($2.4 billion) for the fiscal third quarter due to challenges faced in its Vision Fund investments. This marked a stark contrast to the 950...
While the tradition of coffee consumption for a much-needed caffeine boost dates back centuries, the landscape of coffee culture has significantly transformed over time. From the beloved pumpkin spice latte to celebrity-endorsed espresso drinks at popular fast-food chains, the...
Palantir (PLTR) shares are continuing their strong performance in 2024, showing impressive growth. The AI software company, led by CEO Alex Karp, has seen a 41% increase in its stock value so far this year, outpacing the Nasdaq Composite...
"Major tech company surpasses revenue predictions"
Written by Max A. CherneySAN FRANCISCO (Reuters) - Leading chip technology provider Arm Holdings released its fiscal fourth-quarter forecast on Wednesday, exceeding expectations from Wall Street analysts as it anticipates a consistent demand...
