Technology business news on AI, semiconductors, software and Big Tech, and what it means for investors.
The semiconductor industry is facing a critical juncture, with implications for both corporate strategy and national security. At the heart of this issue lies the decline of Intel, once the undisputed leader in chip manufacturing, and the rise of Taiwan Semiconductor Manufacturing Company (TSMC) as the world’s premier chipmaker.
Apple’s latest entry-level smartphones, the iPhone 16 and iPhone 16 Plus, bring several noteworthy upgrades that narrow the gap between standard and Pro models. While not quite matching the extensive improvements seen in the iPhone 15 series, the new devices offer compelling enhancements in performance, camera capabilities, and
Police in Washington D.C. are conducting an investigation following the emergence of a video that appears to depict a delivery driver being verbally abused inside a business establishment by an unidentified individual for not speaking English. Law enforcement officials have stated they are examining the incident as potentially being
Apple’s stock is showing signs of potential bearish movement, according to analysis from IBD MarketSurge. While the tech giant is forming an early-stage base with a buy point of 237.23, which typically indicates a healthy chart, closer examination reveals several concerning indicators that investors should be aware
A Finnish quantum computing startup called QMill has successfully secured $4.5 million in seed funding. The company, based in Espoo, was established by a team of experts including Hannu Kauppinen, the former Chief Technology Officer of Nokia Technologies, and Mikko Möttönen, a quantum computing professor. QMill’s mission is
Intel is making significant changes to its chip manufacturing business as part of efforts to turn the company around. CEO Patrick Gelsinger announced plans to transition Intel Foundry into a separate subsidiary, while maintaining its current leadership and keeping it within Intel. The new subsidiary will have its own operating
Oracle co-founder and billionaire Larry Ellison envisions a future where artificial intelligence enables widespread surveillance of citizens, asserting it will lead to improved behavior. During a recent Oracle financial analysts meeting, Ellison shared his perspective on the potential applications of AI in monitoring systems. Ellison, whose net worth is
Wall Street analysts are increasingly recommending defensive stocks over artificial intelligence plays as market conditions shift. Utilities, a traditionally defensive sector, have been performing on par with the tech sector this year. Year-to-date, utilities have gained 22.08% compared to tech’s 25.69% increase. Defensive sectors, which
A former Google employee has shared his experience of resigning from the tech giant after the company denied his request to relocate in order to care for his ailing father. Jeremy, who worked as a senior program manager for Google Ads, had been with the company for nearly three years
Megan Ellison, daughter of Oracle co-founder and billionaire Larry Ellison, is facing a significant challenge in her video game company. Annapurna Interactive, the gaming division of Ellison’s Annapurna Studios, has experienced a mass exodus of its entire 25-person staff. The resignation of the full team comes on
OpenAI CEO Sam Altman sat down with Oprah Winfrey for an interview that aired Thursday evening as part of her ABC special “AI and the Future of US.” The hour-long program featured conversations with key figures in technology, including Microsoft co-founder Bill Gates, as well as FBI Director
Former President Donald Trump is set to deliver remarks on cryptocurrency and introduce a new crypto platform called World Liberty Financial, which is controlled by his sons Donald Jr. and Eric. The announcement is scheduled for Monday at 8 p.m. EDT from Trump’s Mar-a-Lago residence, just
