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Advanced Micro Devices (AMD) Launches its Latest Data Center CPU
Advanced Micro Devices Inc (AMD.O) launched its latest data center chip on Thursday and said Microsoft Corp's (MSFT.O) Azure, Alphabet-owned (GOOGL.O) Google Cloud and Oracle Corp would be some of its customers. The fourth generation EPYC…
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Japan plans up to $500 MNL investment in manufacturing advanced chips
Japan said on Friday it will invest an initial 70 billion yen ($500 million) in a new semiconductor venture led by tech firms including Sony Group Corp (6758.T) and NEC Corp (6701.T) as it…
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Twitter Risk Bankruptcy, Elon Musk Warns as More Senior Executives Resigns
Twitter Inc's new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy…
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Crypto Needs Supervision to Avoid Harming Americans, White House Says
White House press secretary Karine Jean-Pierre on Thursday said cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, She said the White…
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Germany Blocks Chinese Stake in Two Chipmakers Over Security Concerns
BERLIN (Reuters) --The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological…
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Bosch CEO Sees Inflation Weighing on Margins but Could Ease Chip Shortage
Bosch sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of inflation, CEO Stefan Hartung said. "We need…
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Multichoice Posts Loss in First Half
Multichoice Group said on Thursday it made a loss in the first half due to an upfront investment in services and offerings it made before the soccer World Cup that starts…
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Antitrust Lawsuit Claims Apple, Amazon Colluded to Raise Products Prices
In an antitrust lawsuit on Wednesday the complaint accuses apple and Amazon of conspiring to drive up iPhone and iPad prices by removing nearly all other resellers of new Apple…
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Musk’s First email to Twitter Staff Ends Remote Work
The Twitter new owner in his first email to the company employees said remote work would no longer be allowed and that they would be expected in office for at…
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Meta to Cuts 11,000 Jobs as it Sinks More Money into the Metaverse
Meta Platforms Inc (META.O) said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook parent doubled down on its risky metaverse bet amid a…
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