Tech
Microsoft’s deal with Mistral AI is under EU scrutiny
Microsoft’s deal with French tech startup Mistral AI is under scrutiny in the European Union. Microsoft announced on Monday that it will soon make Mistral’s
Google steps up criticism of Microsoft and warns of rival monopoly in cloud
Alphabet Google Cloud on Monday stepped up criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that will hurt the development
Expedia to cut around 1,500 jobs globally amid slumping travel demand
Online travel platform Expedia said on Monday it was cutting about 1,500 jobs worldwide, or about 9% of its total workforce, as part of its
Meta to set up team to fight misinformation and AI abuse in EU elections
Meta, the owner of Facebook will set up a team to combat misinformation and abuse of generative artificial intelligence ahead of the European Parliament elections
China to strengthen defences against hacking attacks in key industries
China’s Ministry of Industry and Information Technology (MIIT) unveiled a plan on Monday to improve data security in China’s industrial sector and effectively contain “major
Ant Group outbid Citadel for Credit Suisse’s China unit
Fintech giant Ant Group outbid billionaire Ken Griffin’s Citadel Securities for investment bank Credit Suisse in China, Bloomberg News reported Sunday, adding that it was
Broadcom is close to selling its remote access division to KKR for $3.8 billion
Chip maker Broadcom is nearing a $3.8 billion deal to sell its business, which allows users to access desktops and applications from any device to
Reddit’s US IPO report shows a $90.8m loss
Reddit said its net loss narrowed to $90.8 million and revenue growth of about 21% in 2023 as the social network unveiled an IPO filing
Nvidia boosted its share price by a record $277bn
Nvidia shares surged $277 billion on the stock market, Wall Street’s biggest one-day gain in history, after the chip maker’s quarterly report beat expectations and
Intel signs Microsoft as a foundry customer
Intel said Wednesday that Microsoft plans to use its services to produce a dedicated computing chip and that the company expects to meet an internal