Month: 3 weeks

Micron to Reduce the Supply of Memory Chips in 2023, Plans Fresh Capex Cuts

Micron Technology Inc said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due…

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Nvidia Confirms it is Working with Microsoft to Build Super Cloud Artificial Intelligent Computer

U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a “massive” computer to handle intense artificial intelligence computing work in the…

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Alibaba Quarterly Revenue did not Meet Expectations as Spending Slows

Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly below expectations, as COVID-19 curbs and a worsening economic outlook stifled consumer spending.…

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Roku Plans to Reduce Staff with 200 Job Cuts

Roku Inc said on Thursday it would cut 200 jobs in the United States, becoming the latest tech company to lay off workers amid an economic slowdown and decades-high inflation. Tech…

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End of Warcraft as Blizzard and NetEase Part Ways, Gamers in China Laments

Blizzard Entertainment and NetEase caused dismay among thousands of gamers on Thursday by saying hits such as 'World of Warcraft' will not be available in China from next year as a 14-year…

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Tencent’s ‘Metal Slug’ has Been Approved as China Approves 70 Games in November

China's video games regulator on Thursday granted publishing licences to 70 online games, including titles belonging to Tencent Holdings Ltd , NetEase Inc  and other developers. Shenzhen-based Tencent, the world's largest gaming…

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Europe is Currently too Reliant on China for Technologies, Says Finland Prime Minister

Europe is currently too reliant on China for technologies and should be wary of this dependency, Finland's Prime Minister Sanna Marin said on Thursday. "Let's be honest, we have vulnerabilities…

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North Korea’s Internet was Hit by the Largest Outages in Months on Thursday

North Korea's internet was hit by the largest outages in months on Thursday, a cybersecurity researcher told Reuters, after similar service interruptions in January were blamed on suspected cyber attacks.…

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Nitro Software recommends KKR’s Alludo offer to takeover $335 mln

Australia Software Company Nitro said on Tuesday its board had determined the near A$500 million ($335 million) offer from KKR Inc's Alludo to be "superior" to an earlier bid from major shareholder…

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Italian Government Outlaws Facial Recognition Technology, Except to Fight Crime

Italy prohibited the use of facial recognition and 'smart glasses' on Monday as its Data Protection Agency issued a rebuke to two municipalities experimenting with the technologies. Facial recognition systems…

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