Apple’s China shift begins with Foxconn’s $433M chip deal in India 15. May 2025 Technology (0) Foxconn, a key supplier for Apple, has received approval from the Indian government to build a $433 million semiconductor plant as part of a joint venture.
Trump says he doesn't want Apple building products in India: 'I had a little problem with Tim Cook' 15. May 2025 Technology (0) Apple has been ramping up production in India with the aim of making around 25% of global iPhones in the country in the next few years.
Alibaba shares drop more than 7% on big profit miss 15. May 2025 Technology (0) Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.
Assassin's Creed maker Ubisoft plunges 18% as outlook fails to impress 15. May 2025 Technology (0) Ubisoft, which is behind the "Assassin's Creed" franchise, said it sees net bookings for the current fiscal year being "stable" year-on-year.
Cybersecurity firm Proofpoint to buy European rival for over $1 billion as it eyes IPO 15. May 2025 Technology (0) The deal will make Proofpoint a "stronger company and business as we explore a return to public markets," CEO Sumit Dhawan tells CNBC.
EToro IPO filing cites Israel-Hamas conflict as potential business risk 15. May 2025 Technology (0) The Israel-Hamas conflict and geopolitical tensions in the region could hurt eToro's operations, the company said in the risk factors of its IPO filing.
AI research takes a backseat to profits as Silicon Valley prioritizes products over safety, experts say 15. May 2025 Technology (0) Tech companies are focusing on AI products over research, say industry experts, who are sounding the alarm about safety.
CoreWeave CEO defends capex plans, says company is meeting 'demand signals' from major hyperscalers 15. May 2025 Technology (0) The renter of Nvidia-powered AI servers said it expects capex of $20 billion to $23 billion for the year.
YouTube launches weekly top podcast list to rival Spotify and Apple 15. May 2025 Technology (0) Podcasts such as "The Joe Rogan Experience," "Kill Tony" and "Rotten Mango" currently top the YouTube chart.
The U.S. has struggled for crypto clarity. Canada may have the answer 15. May 2025 Technology (0) Canada's clear crypto regulations have made it a launchpad for blockchain growth, drawing interest from Wall Street.