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Micron rises 13% as strong forecast impresses AI-hungry investors
27 Sep 2024

Micron rises 13% as strong forecast impresses AI-hungry investors

Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and pricing for the high-bandwidth memory chips (HBM) used to support booming generative artificial intelligence technology. 
Dell asks global sales team to work five days a week in office, memo says

Dell asks global sales team to work five days a week in office, memo says

27 Sep 2024
Dell Technologies said on Thursday that their global sales team employees who are able to work from the company offices must do so five days a week, starting Sept. 30, according to a memo seen by Reuters.
Accenture's AI business takes center stage in quarterly results beat

Accenture's AI business takes center stage in quarterly results beat

26 Sep 2024
IT services major Accenture unveiled a $4 billion share buyback on Thursday, closing the fourth quarter with better-than-expected results thanks to strong demand for its services that help businesses adopt generative AI technology.
AstraZeneca in AI collaboration with Immunai to inform cancer drug trials

AstraZeneca in AI collaboration with Immunai to inform cancer drug trials

26 Sep 2024
AstraZeneca will pay $18 million to biotechnology firm Immunai Inc to use the New York-based firm’s AI model of the immune system to make certain cancer drug trials more efficient, the latter said on Thursday.
US accuses Visa of monopolizing debit card swipes

US accuses Visa of monopolizing debit card swipes

25 Sep 2024
Visa shares took a hit on Tuesday after the U.S. Department of Justice filed a lawsuit accusing it of violating antitrust law by suppressing competition by threatening merchants with high fees and paying off potential rivals.
Analysis-US nuclear plants won't power up Big Tech's AI ambitions right away
25 Sep 2024

Analysis-US nuclear plants won't power up Big Tech's AI ambitions right away

A plan by Microsoft to use the restart of a Three Mile Island nuclear reactor to help power its expanding data centers reflects the tech industry’s hopes nuclear energy can be a quick and climate-friendly answer to its massive electricity needs.
Bitfarms reaches agreement with Riot, Freedman appointed to board

Bitfarms reaches agreement with Riot, Freedman appointed to board

24 Sep 2024
Bitcoin miner Bitfarms said on Monday it had entered into a settlement agreement with rival and top shareholder Riot Platforms, under which Amy Freedman was appointed to its board. 
Samsung plans to invest $1.8 billion more in Vietnam for OLED manufacturing

Samsung plans to invest $1.8 billion more in Vietnam for OLED manufacturing

24 Sep 2024
South Korea’s Samsung Display Co plans to invest $1.8 billion for a factory in northern Vietnam to produce OLED displays for automobiles and technology equipment, the Southeast Asian country said on Sunday.
Viavi considers reviving rival bid for Spirent, say sources

Viavi considers reviving rival bid for Spirent, say sources

23 Sep 2024
U.S. IT communications specialist Viavi Solutions is considering whether it could make another bid for telecoms testing group Spirent Communications if a takeover by its rival Keysight Technologies fails, sources familiar with the matter said.
Analysis-Tech giants push to dilute Europe's AI Act

Analysis-Tech giants push to dilute Europe's AI Act

23 Sep 2024
The world’s biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial intelligence as they seek to fend off the risk of billions of dollars in fines.
UnitedHealth tech unit's rivals say new, post-hack customers are staying
20 Sep 2024

UnitedHealth tech unit's rivals say new, post-hack customers are staying

Smaller rivals to UnitedHealth’s tech unit Change Healthcare say they are signing longer-term contracts with hospitals and other customers who had temporarily switched from the company after February’s cyberattack shut down the unit’s services. 
Airbnb CEO says company focused on boosting long-term stays

Airbnb CEO says company focused on boosting long-term stays

20 Sep 2024
Vacation rental company Airbnb sees a huge opportunity to grow its long-term rental business as short-term rentals are under growing scrutiny in tourist hot spots like Athens and Barcelona.
Exclusive-Google offered to sell part of ad tech business, not enough for EU publishers, sources say

Exclusive-Google offered to sell part of ad tech business, not enough for EU publishers, sources say

19 Sep 2024
Alphabet’s Google took a major step this year to end an EU antitrust investigation with an offer to sell its advertising marketplace AdX but European publishers rejected the proposal as insufficient, two people with direct knowledge of the matter said on Wednesday.
Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says

Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says

19 Sep 2024
Alphabet’s Waymo is in talks with South Korea’s Hyundai Motor to outsource manufacturing of its self-driving vehicles, South Korean newspaper, Electronic Times, reported. 
Australia's RBA to prioritise wholesale CBDC work over retail

Australia's RBA to prioritise wholesale CBDC work over retail

18 Sep 2024
Australia’s central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version, a top policymaker said on Wednesday.

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