Tech
Apple will release new iPad and M3 MacBook Air to combat weak sales
Apple plans to release several new models, including a faster MacBook Air and two updated iPads, early next year to help combat a slump in
Disney begins integrating Hulu into its Disney+ streaming service
The Walt Disney Company on Wednesday began offering Hulu as part of its eponymous streaming service, supplementing its Disney+ family content with more general entertainment
ASM International to invest $300m in Arizona expansion
ASM International NV, a supplier to computer chip makers, is investing $300 million to expand its research and development in Arizona, the company’s largest research
Twitch to close in South Korea due to high costs
Amazon’s streaming division Twitch said it will cease operations in South Korea next February due to high operating costs and network fees. “Twitch is operating
ByteDance offers $268bn share buyback to investors
TikTok owner ByteDance is offering to buy back about $5 billion worth of shares from investors at a price that values the company at about
EU allocates up to €1.2bn in state aid for cloud computing
The European Commission approved on Tuesday state aid of up to 1.2 billion euros ($1.30 billion) for a European cloud computing project in a bid
Intel wins US appeal to overturn $2.18 billion VLSI patent judgement
A U.S. appeals court on Monday reversed a $2.18 billion patent infringement verdict won by patent owner VLSI Technology against Intel Corporation, overturning one of
Japan tech lobby warns against EU cybersecurity labelling scheme
Lobby group Japan New Economy Association has joined major US technology companies to warn against proposed EU cybersecurity labelling rules that they say could hamper
Spotify to cut 1,500 employees in third round of layoffs this year
Music streaming giant Spotify said on Monday it would lay off about 1,500 employees, or 17% of its headcount, to cut costs after laying off
Spanish media association files $598 million lawsuit against Facebook owner Meta
A group representing 83 Spanish media organisations said on Monday it had filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms,