Key Points Taiwan Semiconductor Manufacturing Co (TSMC), the leading producer of advanced chips for artificial intelligence (AI) applications, is projected to announce a 30% increase
Key Points: Republican lawmakers have called on the Biden administration to conduct an intelligence assessment of Microsoft’s $1.5 billion investment in UAE-based artificial intelligence firm
Key Points: Microsoft (MSFT.O) has successfully negotiated a 20-million-euro ($21.7 million) settlement to address an antitrust complaint regarding its cloud computing licensing practices, thereby avoiding
Key Points: According to a report by The Information on Tuesday, Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended discussions
Key Points: Washington-based startup Gravitics secures a $125 million contract to contribute to Axiom Space’s forthcoming space station, marking a significant milestone in the expanding
Key Points: The U.S. Department of Justice (DOJ) and Boeing have agreed that Boeing will plead guilty to a conspiracy to defraud the U.S. government.
Key Points: Samsung Electronics (005930.KS) is facing a three-day strike by its South Korean workforce, starting Monday, as employees demand better pay and additional annual
Key Points: Chinese electric vehicle (EV) giant BYD has announced the acquisition of a 20% stake in its local distributor, Rever Automotive, in Thailand. This
Key Points: China’s state-backed Global Times has called on the European Union (EU) to demonstrate sincerity in ongoing technical talks before imposing tariffs on Chinese-manufactured
Key Points: A senior executive at Chinese technology giant Huawei, Zhang Ping’an, CEO of Huawei Cloud, dismissed concerns that a shortage of advanced artificial intelligence
Key Points: Microsoft Corp (MSFT.O) has agreed to pay $14 million to settle claims from the California Civil Rights Department that it unlawfully penalized workers
Key Points: Fisker Inc. has requested a bankruptcy judge’s approval to sell more than 3,000 Ocean electric SUVs from its inventory to a vehicle-leasing company
Key Points: Gene Levoff, a former senior lawyer at Apple Inc. (AAPL.O), has been ordered to pay a $1.15 million fine in a U.S. Securities
Key Points: Microsoft is consolidating its retail channels in mainland China, responding to media reports about the potential closure of its network of authorized physical
Key Points: Boeing (BA.N) has agreed to repurchase Spirit AeroSystems (SPR.N) for $4.7 billion in stock, while Airbus will assume control of Spirit’s loss-making Europe-focused
Key Points: Microsoft’s (MSFT.O) partnership with OpenAI and Google’s (GOOGL.O) AI deal with Samsung (005930.KS) are facing potential EU antitrust investigations. Regulators have highlighted exclusivity
Key Points: Premium electric vehicle (EV) manufacturer BeyonCa, supported by Renault and Dongfeng Motor, announced its plans to set up a final assembly plant and
Key Points: Micron Technology (MU.O) experienced a 5% drop in early trading on Thursday after its quarterly revenue forecast failed to meet the lofty expectations
Key Points: Shares of Nvidia (NVDA.O) surged nearly 7% on Tuesday, snapping out of a three-session decline that had wiped approximately $430 billion off the
Key Points: Cisco is expressing strong optimism about its expanding business with Chinese electric vehicle (EV) manufacturers as these companies push their operations overseas, according
Key Points: European Union antitrust regulators have charged Apple with breaching the bloc’s tech rules, which could result in significant fines for the iPhone maker.
Key Points: Meta Platforms, Facebook’s parent company, has reportedly engaged in discussions to integrate its generative AI model into Apple Inc.’s recently announced AI system
Key Points: According to an email seen by Reuters, the U.S. Department of Justice (DOJ) has yet to decide whether to prosecute Boeing (BA.N) for
Key Points: SpaceX has launched a new Starlink satellite internet service addition: a compact Starlink Mini kit, designed for portability and convenience. This new offering
Key Points: UK’s Competition and Markets Authority (CMA) announced on Wednesday that it is investigating the potential competitive impact of Hewlett Packard Enterprise’s (HPE) planned
Key Points: On Tuesday, South Korea’s Taihan Cable & Solution Co. announced that it has successfully secured three consecutive power grid projects in the United
Key Points: Toyota’s chairman, Akio Toyoda, will face discontented shareholders at the upcoming annual meeting on June 18. Two major proxy advisory groups are calling
Key Points: The S&P 500’s total value is $45.5 trillion, but Elon Musk believes Tesla’s Optimus humanoid robots could make the automaker worth more than
Key Points: German utility Uniper said on Wednesday that it had secured a significant victory in a multi-billion euro arbitration case against former supplier Gazprom.
Key Points: British computing startup Raspberry Pi is set to raise £166 million ($211.2 million) from its initial public offering (IPO) on Tuesday, marking a
Key Points: Activist investor Elliott Investment Management has amassed a nearly $2 billion stake in Southwest Airlines (LUV.N), intending to advocate for strategic changes to
Key Points: On Saturday, Norway’s $1.7 trillion sovereign wealth fund announced that it will vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package,
Key Points: China’s ByteDance, the parent company of popular social media app TikTok, announced plans to invest approximately 10 billion ringgit ($2.13 billion) to establish
Key Points: Salesforce, the global enterprise tech leader, is investing significantly in the United Kingdom by opening a new artificial intelligence (AI) center in London.
Key Points: Google’s parent company, Alphabet (GOOGL.O), is set to face a lawsuit worth up to 13.6 billion pounds ($17.4 billion) for allegedly abusing its
Key Points: Paramount and Skydance Media have agreed to the terms of a significant merger deal, which is expected to be announced in the coming
