The surge comes as businesses worldwide continue to pour money into artificial intelligence infrastructure, fueling demand for the massive computing …
Tech
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Tech
EU Slams TikTok and Meta with Preliminary Findings of DSA Transparency Violations
by Daphne Dougnby Daphne DougnIt accused the U.S. tech giants of breaching their obligation to give researchers “adequate access” to public data
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Tech
Intel Surges 9% as CEO’s Cost-Cutting and Strategic Investments Signal Turnaround
by Dean Dougnby Dean DougnThe results mark a significant turning point for the U.S. chipmaker, which has struggled with manufacturing setbacks and fierce competition
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BUSINESSTech
Nokia Surprises with Q3 Profit Beat, Fueled by AI and Cloud Demand
by Daphne Dougnby Daphne DougnFinland’s Nokia (NOKIA.HE) delivered a significant beat on its third-quarter profit expectations
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TechWorld Markets
Netflix Miss Clouds Wall Street Open as High-Stakes Earnings Season Begins
by Dean Dougnby Dean DougnThe market’s caution reflects ongoing anxiety over lofty valuations and the sustainability of high-growth tech stocks.
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TechWorld Markets
OpenAI Launches AI Browser ‘Atlas,’ Challenging Google’s Search Empire and Triggering $150 Billion Market Shakeup
The launch on Tuesday immediately sent ripples through the market, with shares of Google parent company Alphabet (GOOGL.O) falling by …
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TechWorld Markets
Shares in Ray-Ban Maker EssilorLuxottica Soar to All-Time High as Meta AI Glasses Fuel Record Sales
The Paris-listed group’s stock jumped 14% on Friday, adding nearly $20 billion to its market capitalization and marking its biggest single-day gain since 2008.
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Tech
Huawei Dethrones Apple as Global Smartwatch Market Leader for the First Time
by Daphne Dougnby Daphne DougnChinese #smartwatch brands are leading in terms of scale, feature set, and affordability compared to their global competitors. #Apple #Xiaomi …
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BUSINESSTech
Google Pours $15 Billion into India for Largest Non-U.S. AI Hub, Signaling Major Cloud CAPEX Expansion
This substantial capital commitment underscores the accelerating global demand for cloud services and AI infrastructure, prompting tech giants to rapidly …