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Stocks of Arm Holdings tumbled on Thursday as the chip designer's softer-than-expected annual earnings prediction cooled some of the zeal around the stock following its AI-powered jump in recent months.

May 9, 2024

Tech

Arm’s stock sees volatility amidst AI computing optimism

On Tuesday, Apple unveiled its latest iPad Pro, featuring a new chip designed for artificial intelligence computing, signaling the tech giant's intention to compete more aggressively in the AI space.

May 7, 2024

Tech

Apple introduces new iPad Pro with AI-focused chip

The short-form clip took center stage at tech and social media firms' yearly presentations to advertisers as platforms like Snap and Meta capitalize on TikTok's political uncertainty in the U.S. to take ad dollars from their foe.

May 6, 2024

Tech

TikTok and Snapchat forge ahead amid legislative challenges

A regulatory filing revealed on Friday that Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A stocks of the social media firm.

May 4, 2024

Tech

Reddit’s share structure and financial reporting: a closer look

On Sunday, Hyundai Motor and Kia Corp. announced that they had signed a memorandum of understanding (MOU) with Baidu Inc. to create technologies for connected cars.

April 28, 2024

Tech

Hyundai Motor and Kia Corp partner with Baidu Inc

Alphabet unit Google announced on Friday that it would fund $3 billion to launch a data center campus in Indiana and grow sites in Virginia.

April 27, 2024

Tech

Google’s Alphabet invests $3Bn expansion in Indiana and Virginia

Intel predicts that second-quarter earnings and profit will be below market estimates on Thursday, sending its shares falling roughly 8% as it faces weak demand for its traditional data center and PC chips and trails in the surging market for AI components.

April 26, 2024

Tech

Intel struggles as businesses favor AI chips; Nvidia

Market data revealed that Apple's smartphone shipments in China fell 19% in the first quarter of the year, the worst year since 2020. The iPhone maker suffered from Huawei's new product launches in the premium feature.

April 23, 2024

Tech

Apple faces declining market share in China

Tesla has cut costs in some main markets, including China and Germany, following price cuts in the United States. It is wrestling with declining sales and an intensifying price war for electric vehicles (EVs), primarily against Chinese EVs.

April 22, 2024

Tech

Tesla adapts strategy with price cuts in key markets

On Friday, Alphabet Inc's Google said it would roll back provisions that U.S. suppliers and staffing companies pay their employees at least $15 an hour and deliver health insurance and other benefits, which could let the tech firm avoid bargaining with unions.

April 21, 2024

Tech

Google’s policy changes aimed at complying with labor regulations

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