Japanese conglomerate SoftBank is investing $2 billion in Intel, buying about 2% of the company’s outstanding shares at $23 per share. The move makes SoftBank the chipmaker’s fifth-largest shareholder...
California, US – Joby Aviation has set a new milestone in urban air mobility after completing the first-ever airport-to-airport flight by a piloted electric air taxi in the United States....
Abu Dhabi: The Central Bank of the UAE has imposed more than Dh370 million ($101 million) in fines since the start of 2025, targeting banks, money exchange firms, insurers, and a finance company in on...
Shares of Tapestry, the parent company of Coach and Kate Spade, plunged nearly 16% on Thursday after the company warned that new tariffs will significantly reduce profits in the year ahead....
SHENZHEN – Chinese technology giant Tencent reported a 15% year-on-year rise in second-quarter revenue to 184.5 billion yuan ($25.7 billion), driven by strong gaming performance and increased investm...
NEW DELHI – ICICI Bank has reduced the minimum average balance (MAB) for new savings account holders in metro and urban areas to Rs15,000, down from the Rs50,000 requirement introduced earlier this m...
Chinese authorities have reportedly instructed companies to avoid using Nvidia’s H20 artificial intelligence chips and similar products from Advanced Micro Devices (AMD) for government and national se...
YouTube has launched a U.S. trial of an AI-powered age verification system that estimates users’ ages based on their watch history, search activity, and interactions, rather than self-reported birthda...
San Francisco – Elon Musk has threatened to take “immediate” legal action against Apple over claims that the tech giant is unfairly favoring OpenAI in its App Store rankings....
Hanoi – Vietnam’s richest man, Pham Nhat Vuong, is redirecting electric vehicle maker VinFast Auto Ltd. towards Asian markets such as India, Indonesia, and the Philippines, after costly attempts to br...
