Source: Reuters
379 Stories
IBM Shares Decline Amid Slowing Cloud Growth and Investor Concerns
IBM’s latest report highlights growing investor concern over the company’s cloud segment, which has historically been a key driver of growth. The slowdown in Red Hat’s hybrid cloud growth from...
Major U.S. online retailers take down millions of banned Chinese electronic
The United States has taken another final step in its continuing struggle to limit the presence of Chinese technology in local markets. This has seen major online retailers in operation...
Google fights to block ad tech breakup as antitrust trial opens
The present federal litigation targeting Google's online advertising operations represents one of the gravest tests the enterprise has encountered in over a decade. The litigation's pivot rests upon the propriety...
Trump team says TikTok deal close, with Oracle and Silver Lake set to invest
Recent news that TikTok is nearly ready to conclude a transaction involving its operations in the United States is one of the most significant developments to occur in the long-standing...
Nvidia, Abu Dhabi institute team up to launch AI and robotics lab in UAE
The incorporation of Abu Dhabi's Technology Innovation Institute (TII) serves as an essential milestone in the partnership with Nvidia, in the context of the ongoing competition for dominance in artificial...
Google announces $6.8 billion UK investment ahead of Trump’s state visit
The move by Google to spend $6.8 billion US dollars in the United Kingdom before Donald Trump's state visit is one of the biggest technological, political, and global economic nexus developments...
US, China strike TikTok framework deal after Madrid talks
The United States and China TikTok agreement is another significant event in the friendship between two giants which dates back to a long time. The time spent talking in Madrid...
TikTok says its European users now exceed 200 million
TikTok has also acknowledged that it currently has over $200 million monthly users in Europe, and the platform is expanding very fast in the region. This translates to one out...
Broadcom Shares Rally as $10 billion Chip Deal Shows AI Strategy Paying Off
The $10 billion AI chip deal by Broadcom seems to signal a new era not only for the company but for the whole AI hardware landscape. Nvidia has been the...
The IPO of Figma Declines on the Prospects of Poor Sales
Figma has sent shockwaves through the marketplace with its first quarter results several months after a blockbuster IPO. Its quarterly revenue rose 41% to 249.6 million, slightly above Wall Street's...