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Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash

Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge

1 month ago

Microsoft, CrowdStrike Hit Back At Delta’s Compensation Bid

Delta's old infrastructure blamed for its long recovery from global IT outage that resulted in over 6,000 cancelled flights

1 month ago

Intel, Nvidia Stocks Slide Amidst Chip Turmoil

Intel stock price plummets most in 50 years after it announces job cuts, as Nvidia declines on report of AI…

1 month ago

Apple Beats Expectations, Despite Falling iPhone Sales

Another solid quarterly financial performance from Apple, despite concerns over iPhone shipments in mainland China

1 month ago

CrowdStrike Sued By Shareholders After Huge IT Outage

IT outage fallout. CrowdStrike sued by shareholders who allege firm defrauded them by concealing inadequate software testing

1 month ago

US To Exempt Allies From Expanded China Chip Equipment Export Rules

Biden administration reportedly will exempt certain allied countries from tougher chip equipment export rules to China

1 month ago

CrowdStrike Shares Plunge Amid Delta Compensation Report

Shares in CrowdStrike take another hit after report suggests Delta Air Lines will seek compensation for recent global IT outage

1 month ago

Intel To Cut Thousands Of Jobs – Report

Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump

1 month ago

Xiaomi Buys $116m Plot To Expand Bejing EV Factory

Smartphone maker Xiaomi buys 131-acre plot of land in Beijing to expand initial EV plant following rapid sales of SU7…

1 month ago

SK Hynix To Invest $6.8bn In Yongin Memory Chip Plant

SK Hynix to invest $6.8bn in first plant in emerging chip hub of Yongin amidst soaring demand for memory used…

1 month ago

Russia Throttles YouTube Over ‘Anti-Russian Policy’

Russia reduces speed of YouTube by 70 percent this week following multiple fines over failure to remove banned content

1 month ago

OpenAI Tests Search Engine Prototype Called ‘SearchGPT’

Google's dominance of online search is being challenged, after OpenAI unveiled a search prototype tool called SearchGPT

1 month ago

CrowdStrike CEO: 97 Percent Of Windows Sensors Back Online

One week after the world's largest IT outage, the head of CrowdStrike says nearly all impacted machines are back online

1 month ago

Amazon Developing Cheaper AI Chips – Report

Engineers at Amazon's chip lab in Austin, Texas, are racing ahead to develop cheaper AI chips that are faster than…

2 months ago

CrowdStrike Blames ‘Undetected Error’ For World’s Largest IT Outage

CrowdStrike CEO summoned to testify before US Congress, as firm provides update about update that crashed millions of computers last…

2 months ago

Google Cancels Plan To Axe Third Party Cookies For Chrome Browser

Better switch to Firefox? After years of delays, Google performs u-turn and will no longer cancel third-party tracking cookies

2 months ago

Microsoft Blames 2009 EU Agreement For World’s Biggest IT Outage

Redmond says EU deal gave CrowdStrike the keys to the Windows kernel, allowing last week's huge IT outage to happen

2 months ago

US Cracks Down On Tech Shipments To Russia

Shipments of high-end chips and other electronics to Russia via China and Hong Kong said to fall by 20 percent…

2 months ago

Xiaomi Entered EV Market ‘Due To US Sanctions’

Xiaomi chief executive says he decided to begin making electric vehicles after company was placed on US military blacklist in…

2 months ago

Nvidia Said To Develop ‘Blackwell’ AI Chip For China

Nvidia said to be developing version of next-gen 'Blackwell' AI chip for China market as US mulls further export controls

2 months ago

NHS Delays Continue After Windows Outage

Patients told to expect delays into this week as disruption to EMIS booking system leads to 'considerable' backlog amidst global…

2 months ago

Pro-Russia Hacktivists Target Olympic Games

Pro-Russia hackers expected to pose major disruption threat to Paris Olympic Games against backdrop of ongoing conflict in Ukraine

2 months ago

Crowdstrike CEO ‘Deeply Sorry’ For Global IT Outage

George Kurtz, CEO of CrowdStrike, apologises for the global tech failure that disrupted multiple industries on Friday

2 months ago

OpenAI, Broadcom In Talks Over Development Of AI Chip – Report

Rebelling against Nividia? OpenAI is again reportedly exploring the possibility of developing its own AI processor

2 months ago

Microsoft Outage Impacts Airlines, Media, Banks & Businesses Globally

IT outage causes major disruptions around the world, after Crowdstrike update allegedly triggers Microsoft outages

2 months ago

IT Spending Set For 7.4 Percent Growth In 2024 – Gartner

Good news for tech suppliers, after worldwide IT spending is forecasted by Gartner to grow 7.4 percent in 2024

2 months ago

US Considers Further Chip Restrictions For China – Report

Stop supplying Beijing. US tells allied chip tech firms it is mulling the most severe chip trade restriction for China

2 months ago

Huawei Completes Massive $1.4bn R&D Campus With ‘100 Cafes’

Huawei Technologies completes work on massive centralised R&D campus as it seeks to develop domestic chip technologies

2 months ago

Japan’s SoftBank Acquires AI Chip Start-up Graphcore

SoftBank Group has purchased another British chip firm, with the acquisition of Bristol-based Graphcore Ltd in order to bolster the…

2 months ago
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