21 stories found
SK Hynix shares experienced a significant rally, driven by signals from US tech firms indicating strong spending on AI data centers. In contrast, Samsung shares lagged behind, with analysts citing concerns over potential union strike risks.
The Cyprus Information Technology Enterprises Association (CITEA) has issued a warning to local tech firms regarding sharp increases in prices for RAM and other critical technology components, following a meeting with the Deputy Minister of Research, Innovation and Digital Policy.
The deputy head of the International Monetary Fund joined business leaders in expressing concerns that new AI models from US tech firms could exploit cyber vulnerabilities within the banking sector, highlighting the rapid advancement of AI.
Several technology companies in the United States are reportedly reducing their workforce, with the rollout of artificial intelligence being cited as a contributing factor. This trend highlights the evolving impact of AI on the job market.
China and Pakistan have jointly proposed a five-point peace plan for the Middle East, urging a ceasefire after a month-long war, as Iran's Revolutionary Guards continue to issue warnings against US companies like Apple, Google, and Meta, citing retaliation for 'targeted assassinations' of Iranian leaders.
US tech firms, including Boston Dynamics, push for curbs on Chinese robot makers over alleged 'security risks' Global Times
Groups funded by George Soros and pro-China Neville Roy Singham are protesting U.S. tech companies.
SK Hynix shares surged by 13% following signals from US tech firms indicating robust spending plans on artificial intelligence.
South Korea has informed US lawmakers that it will ensure there is no discrimination against American technology companies operating within its borders.
A new survey indicates that 83 percent of Europeans distrust US tech companies, with Chinese firms facing even greater skepticism, though few have switched providers.
US tech firms are expressing concerns over the security of the rapidly growing digital infrastructure in the Gulf region, particularly in the context of the ongoing Iran war.
Iran's Revolutionary Guard has reiterated its warning to US tech firms, explicitly listing 18 companies including Apple, Google, and Meta as targets for 'reciprocal action' starting tomorrow. This follows previous threats against leading American technology companies, which Iran claims are complicit in alleged Israeli-US intelligence-backed strikes.
Iran's state media has reportedly identified major US tech firms as potential targets amidst escalating Middle East tensions, with new reports indicating Iran may specifically target US-linked data centers in Arab countries, following an incident where Amazon's UAE data center was struck.
Major US tech and AI companies, including Google, Microsoft, Meta, and Amazon, pledged at the White House to bear the energy costs for their data centers, responding to concerns over rising utility bills.
Financial analysts have offered a range of insights on several technology companies, with some stocks like Blaize Holdings and AudioEye receiving bullish ratings, while others such as WEX, Twilio, and Marvell garnered mixed opinions. These reports provide an overview of current market sentiment for various tech firms.
The European Union is considering strengthening its naval presence in the Middle East, particularly in the Strait of Hormuz, to ensure free passage through the vital waterway. Discussions include the willingness to deploy a fleet and the practicalities of such an operation.
Steve Forbes argues that Europe's digital trade policies unfairly target American tech giants like Apple, Google, and Meta, advocating for a Section 301 investigation to address the issue.
France and Italy have pushed back against some US-Israeli military operations, as US President Donald Trump criticized NATO allies in Europe for being unhelpful in the month-long war in Iran, highlighting growing transatlantic tensions.
Iran intelligence forces have arrested 54 mercenaries linked to the US and Israel across four provinces, while Iran's Revolutionary Guards have issued a threat to target US tech firms if more Iranian leaders are killed, escalating tensions amid ongoing regional conflicts.
Iran has warned US tech companies that their offices and infrastructure could become targets as regional conflict escalates.
Capgemini CEO Aiman Ezzat dismisses calls for total technological sovereignty in Europe, arguing that absolute sovereignty is unattainable. Instead, he advocates for "right sovereignty solutions" tailored to specific use cases, highlighting Europe's existing independence in some areas but acknowledging US tech dominance. Capgemini partners with US hyperscalers to offer "sovereign" AI and cloud services.