Europe could fine Apple €500 million over anticompetitive music streaming practices
Just a small drop in Cupertino's business, but with potentially overreaching consequences
Seagate and Sony team up to develop 30TB hard drives with advanced HAMR technology
Hoping to meet growing data center demands
Major tech companies sign agreement to combat AI's use in election interference
It's a big year for voting, and a big year for AI
Elon Musk shifts SpaceX's state of incorporation from Delaware to Texas following legal spat over $56 billion Tesla pay
Musk continues his campaign against Delaware
AI cannot be listed as inventor, says US patent office in latest guidance
The technology can be used, but humans must make a "significant contribution" to an invention
A typo in Lyft's earnings results sent its stock soaring then plummeting
Wiping $2 billion off Lyft's market cap
Sony cuts PlayStation 5 sales forecast, no new major franchise entries planned before April 2025
PlayStation 5 sales aren't going to reach Sony's ambitious target
The EU says iMessage can remain closed to rivals because it's not a "gatekeeper service" after all
Microsoft is also off the DMA hook for Bing, Edge, and Microsoft Advertising
Nvidia soaring market cap nears Amazon and Alphabet, fueled by surging AI demand
Nvidia is now worth $1.7 trillion -- make that $1.82 trillion...
Jackpot baby! Artificial intelligence has proven incredibly fruitful for Nvidia and its shareholders over the past year, and could even help the chipmaker surpass Amazon in terms of total market capitalization. Closing at over $720 today, that's an increase of more than 20% year over year and nearly 50% since the beginning of 2024.
Biden administration to invest $5 billion on next-generation chip-tech research
Recap: The Biden Administration conceived the CHIPS and Science Act as a far-reaching plan to rebuild the US microchip industry essentially from scratch. The plan includes roughly $280 billion in public subsidies to boost domestic research and semiconductor manufacturing, with public and private sectors working together towards a common goal.
There's a possibility FTX customers get repaid in full after all
The soaring price of Bitcoin has fattened FTX's bottom line considerably
European cloud providers and Microsoft negotiating to solve anti-competitive lawsuit
Microsoft must end its unfair software licensing practices or face the consequences
5G network slicing showed off in action for the first time
The big picture: 5G technology promised to revolutionize mobile networking, but the world is still waiting for this future to become a reality. Meanwhile, major network operators are making significant progress in delivering additional building blocks for 5G networks.
For the first time ever, Uber turns a profit for the full year
From money loser to money maker, Uber's come a long way
AI PCs will make up nearly 60% of total PC shipments by 2027
Demand for AI PCs to start ramping up this year
Knowledge workers who don't use AI will fall behind, says top executive
Roles aren't going away, but they are fundamentally changing
AMD sees surge in CPU revenue share, thanks to Epyc and Ryzen processor demand
Taking the fight to Intel
Disney invests $1.5 billion in Epic Games to forge expansive universe within Fortnite
The company also announced that Disney Plus lost 1.3 million subscribers post-price hike
What just happened? Disney is making its largest-ever investment in the gaming space by taking a $1.5 billion equity stake in Epic Games. The deal will also see the creation of an "expansive and open games and entertainment universe" that will interoperate with Fortnite. Disney explained that consumers will be able to play, watch, shop and engage with content, characters, and stories from Disney, Pixar, Marvel, Star Wars, Avatar, and more.
Japan will provide more subsidies to Kioxia and Western Digital for NAND memory chip manufacturing
Generative AI models need more memory, and manufacturers need more public funding to get going
Tablet shipments hit their lowest volume since 2011, but Chinese tablets mitigated the decline
Another industry glad to see the back of 2023
TSMC earns $69.3 billion in 2023 becoming world's largest semiconductor company by revenue
TSMC outperforms Samsung and Intel for the first time ever
PC CPU shipments grew nearly 22% in Q4 amid robust laptop and desktop sales
The growth in CPU shipments mirrors the recovery in the global PC market
Microsoft's valuation has increased 10x in the past 10 years under Satya Nadella
The big picture: Microsoft's market value has gone up more than 10 times since Satya Nadella took charge of the company in 2014, replacing its former CEO, Steve Ballmer. During that same time, the broader S&P 500 only grew 185 percent, making Microsoft one of the best-performing large-cap stocks in the country over the past decade.
EU right-to-repair regulations: manufacturers would be liable for 12 months after repairs
Also seeking to punish third-party lockouts