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BIG TECH COMPANIES
Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demandMacquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...- Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
- Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
- Australia to give regulator more power to pursue Big Tech over under-16 banPrime Minister Anthony Albanese said there were still too many children on social media and tech firms were not doing enough to comply with...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
- Austria lobbies EU to host Anthropic AI after US curbs: ReportAustria is pushing the European Union to consider hosting Anthropic AI system within its borders to counter efforts by the U.S. to bloc...
- The US lags other countries in social media restrictions for kids, but a reform push is growingTwo mothers, Amy Neville and Kristin Bride, are spearheading a movement for stronger online child safety after losing their sons to social ...
- Australia toughens kids' social media ban, doubles potential penalties for tech firmsAustralia is doubling penalties for tech firms failing to enforce its child social media ban, as evidence shows limited impact on teen usag...
- Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
- Trump threatens 100% tariff on nations taxing US tech giants, warns trade deals won't matterUS President Donald Trump has issued a stern warning, threatening a hefty 100% tariff on all goods from nations implementing digital servic...
- South Korea’s favourite AI stocks slide again, drag Kospi index down 8%Heavyweights Samsung Electronics and SK Hynix, which together account for more than half of Kospi's market cap, fell around 9% each on Frid...
- US stocks | Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demandMemory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge...
- Sony discontinues Japan sales of robot puppy 'aibo'Sony is halting sales of its robotic puppy "aibo" in Japan, the company said, eight years after the latest model of its interactive android...
- Australia teen social media ban has little impact: researchAustralia's social media ban for under 16s has had little impact on teenagers' scrolling habits, researchers said Thursday in one of the fi...
- Meet former Google engineer Aashna Doshi who quit her high-paying job to start a podcast and a startupAashna Doshi, a former Google engineer, has embarked on a new venture, launching her AI startup, Bounty. Driven by a desire for creative fr...
- K-Drama on Tech Street: AI rout hits global marketsTechnology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in Korean chipmakers raised concerns a...
- Kunal Shah’s WhatsApp coronation is a masterclass in dealmakingShah is stepping down as Cred’s chief executive, with finance and strategy head Miten Sampat taking over on an interim basis. Shah becomes ...
- US Stocks Today | Chip stocks plunge, but bargain-hunters stem losses in other tech namesUS chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvid...
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