Technology
30 articles
Momenta Pursues $751 Million IPO on Hong Kong Stock Exchange
Despite a net loss of $509 million for fiscal year 2025, Momenta launched its Hong Kong IPO on June 29, 2026, aiming to raise $751 million.
iPad and Xbox Prices Rise Amid Memory Chip Shortage
The MacBook Air 512GB just saw its price jump from $1,099 to $1,299, a $200 increase overnight, according to CBS News .
US Approves Anthropic's Mythos 5 AI for Limited Use
After disabling access to its powerful Mythos 5 AI model, the U.
Forum AI CEO Warns of AI's Growing Threat to Politics
An AI model, asked about Texas election law, incorrectly advised voters could wear political apparel at polls, directly contradicting state regulations, according to IAS .
Kioxia plans to offer US depositary shares in 2027
Kioxia Holdings Corp.
Alibaba stock plunges to 16-month low after AI accusations
Alibaba Group Holding Ltd.
Masayoshi Son dismisses space data center concept
SoftBank Group Corp. founder Masayoshi Son recently declared the AI race will be won by computing power on Earth, not in space. He dismissed orbital data centers as having 'little merit', according to
Trump: Anthropic AI poses no US national security threat
Just last week, Donald Trump reportedly considered AI firm Anthropic a national security threat.
Apple Overhauls Siri to Compete with ChatGPT AI
While Apple's new Siri AI promises to operate applications and analyze an iPhone's screen, its most advanced voice dictation and customizable voice features will only be available on the latest iPhone
Fox Agrees to Acquire Roku for $22 Billion Streaming Expansion
Fox Corporation just agreed to acquire Roku Inc.
Starmer, Takaichi discuss fighter jet funding for UK-Japan defense ties
Japan has already committed over ¥500 billion (S$4.
SpaceX Surge Lifts Saudi Prince's Stake to Billions
Prince Alwaleed bin Talal's net worth exploded in 2026.
UK announces high-risk social media ban for under-16s this week
This week, the United Kingdom is set to ban children under 16 from accessing 'high-risk' social media apps and those under 18 from using romantic AI chatbots, a move that could reshape how millions of
Quantum Leap Technologies Hits £100 Billion Valuation, UK's First
Just five years after its 2018 inception, Quantum Leap Technologies, a London-based AI firm, achieved a staggering £100 billion valuation.
SpaceX raises $75 billion ahead of historic IPO debut
Retail investors alone submitted over $100 billion in orders for SpaceX's initial public offering, dwarfing the $75 billion the company actually raised, according to Bloomberg .
Grindr CEO plans to transform app into gay culture hub
Grindr is testing an 'Edge' subscription tier that costs AUD$109.
Apple Executives Discuss AI Strategy Amid Internal Struggles
In early 2025, a secret, high-stakes meeting of Apple executives prompted an unprecedented internal reckoning, forcing CEO Tim Cook to personally intervene in the company's struggling AI roadmap, acco
Jensen Huang visits Seoul as Korean stocks face pressure
South Korea's KOSPI index tripped circuit breakers on Monday, plunging 7.
Trump eyes US government stakes in AI labs
Donald Trump has supported a proposal for AI companies like OpenAI to give Americans an equity stake, according to the Financial Times .
Trump AI policy adviser Krishnan exits White House post
White House AI adviser Sriram Krishnan is leaving his post at the end of June 2026, just as President Trump considers the US government acquiring stakes in private AI firms.
Marvell Technology and Flex Join S&P 500 Index
Marvell Technology, with first-quarter revenue surging 28% to $2.
Louisiana's $35B tech influx, including Meta's $10B, drives transformation
In a striking economic pivot, Meta alone is investing $10 billion in an AI-optimized data center in northeast Louisiana, part of a staggering $35 billion tech influx reshaping the state.
TSMC CEO C.C. Wei warns AI chip supply may fall short
TSMC staff will receive an average bonus payout increase exceeding 30% this year.
SK Hynix plans to double memory capacity for AI demand
SK Hynix has already sold out its entire memory production for 2026, according to Techzine Global .
SoftBank Invests Billions in French AI Data Centers
SoftBank Group is poised to inject up to €75 billion into France, aiming to construct 5 gigawatts of AI data center capacity — a move that could reshape Europe's technological landscape.
South Korean tech workers get AI bonuses amid profit surge
A memory chip worker at Samsung, earning a base salary of approximately $53,400, is now expected to receive a bonus of about $416,000, mostly paid in stock, after a recent profit-sharing deal, accordi
Snowflake Stock Soars on $6 Billion AWS Deal and Strong Sales Outlook
Snowflake's stock price surged by $65.
US Data Centers Face AI's Massive Power Consumption Challenge
U.S. data centers consumed 183 terawatt-hours of electricity in 2024, a figure driven significantly by the surge in AI. This massive power consumption problem is forcing companies like Okta to expand
Canada proposes law to expand police access to citizen data
This month, Canada takes a giant leap into the surveillance state.
Pope calls for AI disarmament to prevent human domination
Pope Leo, in his first major teaching document, declared that artificial intelligence must be 'disarmed' to prevent it from dominating humanity, according to the BBC .