Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
By Jeffrey Dastin and Akash Sriram (Reuters) – Alphabet disappointed Wall Street on Tuesday as holiday-season advertising sales came in below expectations and the company said its spending on items…
Eying China, US proposes ‘know your customer’ cloud computing requirements
By David Shepardson Eying China: WASHINGTON (Reuters) – The Biden administration is proposing requiring U.S. cloud companies to determine whether foreign entities are accessing U.S. data centers to train AI…
Micron revenue forecasts strong recovery, shares jump
By Arsheeya Bajwa and Max A. Cherney (Reuters) – Micron Technology forecast quarterly revenue above market estimates on Wednesday, and its shares jumped nearly 5% in extended trading on signs…
Travelling with Oppo to discover Shenzhen, the tech capital of China
I have always wanted to visit China to see if and how true the many stereotypes spread in the West about the country and the Chinese are. I was able…
NIS 2: all about the new rules and how to prepare
On November 10, 2022, the European Parliament approved the Network and Information Security Directive, better known as “NIS 2.” It is a move that further improves and specifies the directions…
Arm gets Wall Street’s ‘buy’ on royalty plan, cloud expansion
By Aditya Soni and Roshan Abraham (Reuters) – Several Wall Street brokerages started coverage of Arm Holdings with their top ratings on Monday, saying the chip designer’s dominance in the…
BYD unit buys US firm Jabil’s mobile parts business in China for $2.2 billion
By Sameer Manekar and Yelin Mo (Reuters) – Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobile…
Nvidia bets $25 billion that AI boom is far from over
By Stephen Nellis and Max A. Cherney Nvidia: (Reuters) – Nvidia’s CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year and made what…
SoftBank in talks to buy Vision Fund’s 25% stake in Arm
By Echo Wang and Anirban Sen NEW YORK (Reuters) – SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from…
Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik Wall Street: (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping Wall Street financial targets for the second quarter…