tech - Page 6

According to research company Newzoo, personal computing and console gaming earnings growth is predicted to stay below pre-pandemic levels through 2026 as gamers record fewer hours of playtime.

April 2, 2024

Tech

Navigating challenges: the changing dynamics of the gaming industry

China's Huawei Technologies (HWT.UL) saw its most rapid growth in four years in 2023, with a rebound in its customer segment and revenue from new firms like smart car components revving its recovery from U.S. boycotts.

March 31, 2024

Tech

Huawei reports strong revenue growth in 2023

On Friday, The Biden administration changed rules to make it more difficult for China to access U.S. artificial intelligence (AI) chips and chipmaking devices. This action was part of a larger strategy to hobble Beijing's chipmaking industry over national security matters.

March 30, 2024

Tech

Washington’s crackdown on advanced AI chips to China

Xiaomi's highly anticipated electric vehicle (EV) will be sold at a beginning price of 215,900 yuan ($29,869.54), the Chinese smartphone firm said, revealing the launch of its first car in the planet's largest auto market.

March 28, 2024

Tech

Xiaomi announces pricing for SU7 series

On Wednesday, Amazon lost its battle to suspend a provision about its online advertising under EU tech rules after Europe's top court supported EU regulators, saying EU interests overshadowed the U.S. online retailer's material interests.

March 27, 2024

Tech

Europe’s top court rejects Amazon’s bid to suspend EU tech rule

Wall Street's main share index rose Tuesday as the most heavyweight growth stocks and chipmakers increased. Investors looked ahead to financial data in a holiday-shortened week to estimate the Federal Reserve's policy approach.

March 26, 2024

Tech

Tesla surges on full self-driving trial

E-commerce firm Amazon.com said on Friday it had demanded French regulator CNIL's decision to penalize the company 32 million euros ($34.58 million) for setting up a system to watch worker activity and performance.

March 23, 2024

Tech

Amazon challenges CNIL’s fine over surveillance system

Memory chipmaker Micron Technology raised 18% on Thursday. It was set to open trading at a record high after its strong earnings prediction fanned optimism that skyrocketing demand for AI hardware would drive up growth at the Nvidia supplier.

March 21, 2024

Tech

Micron’s positive outlook boosts chip sector

Intel is preparing a $100 billion spending binge across four U.S. states to create and expand factories after booking $19.5 billion in federal subsidies and loans - and it expects to secure another $25 billion in tax breaks.

March 20, 2024

Tech

Intel’s ambitious plan for chip manufacturing expansion

China's Xiaomi declared a 10.9% climb in fourth-quarter earnings and beat revised net profit estimates raised by solid smartphone sales as the sector shows signs of healing.

March 19, 2024

Tech

Xiaomi reports strong fourth quarter revenue

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