Technik
Musk’s X accuses advertisers of boycotting platform
Elon Musk’s social networking platform X sued a global advertising alliance and several major companies accusing them of illegally conspiring to boycott the site and
Antitrust ruling on Google could put Apple at risk
A lucrative deal between Apple and Google could be under threat after a US judge ruled that the search giant was operating an illegal monopoly.
Big Seven companies prepare to lose $1 trillion in value
Apple and Nvidia led a sell-off in technology stocks due to fears of a US recession and Berkshire Hathaway. High-performing shares of Alphabet, Amazon, Meta
CrowdStrike rejects Delta Air Lines’ claims of flight problems
CrowdStrike on Sunday dismissed a lawsuit by Delta Air Lines that it should be blamed for flight disruptions following a global outage on 19 July
Infineon will cut 1,400 jobs worldwide and relocate another 1,400 jobs
Infineon will cut 1,400 jobs worldwide and move another 1,400 positions to countries with lower labour costs as part of a previously announced cost-saving programme,
U.S. sues TikTok over privacy violations of children under 13
The US Department of Justice filed a lawsuit against TikTok for failing to protect children’s privacy on the social networking app. The government said TikTok
Alphabet CapitalG fund cut stake in CrowdStrike ahead of global disruption in July
Alphabet, parent company of Google independent growth fund CapitalG, has cut its stake in cybersecurity company CrowdStrike, according to a regulatory filing on Friday, well
Intel shares fall 26% as restructuring problems escalate
Intel shares fell 26 per cent on Friday, its worst day since 1974 after the chip maker suspended its dividend and cut staff to fund
Meta rallies on strong ad revenues
Meta shares rose 7% on Thursday after the tech company beat quarterly revenue estimates and forecast upbeat sales for the third quarter. This indicates that
Mobileye cuts annual forecasts due to volatile demand
Mobileye Global on Thursday cut its full-year revenue and profit forecasts, citing volatile demand for its driver-assistance chips in China, even as the automotive technology