Ongoing glut in chips sees Samsung warn that its second quarter profits are likely to plunge a staggering 96 percent

Ongoing glut in chips sees Samsung warn that its second quarter profits are likely to plunge a staggering 96 percent
CRM giant Salesforce confirms it will invest $4bn in its UK business over the next five years, in the face of strong demand for AI
During investor update, Intel confirms manufacturing business will work like a separate unit as part of Pat Gelsinger's foundry plan
Court in Montenegro jails Terraform Labs founder Do Kwon and CFO for four months, for forging official documents
Software giant Microsoft breaches $2.6 trillion valuation, but Apple remains the most valuable publicly listed tech company
Talks with potential 'anchor investors' in ARM's upcoming IPO may include Intel, Alphabet, Apple, Microsoft, TSMC, Samsung etc
European Commission approves 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication tech projects
Coinbase CEO Brian Armstrong hits out at SEC chair Gary Gensler, while Binance alleges Gensler sought role at crypto exchange
US financial regulator alleges US clients of Binance have $2.2 billion at risk, after lawsuits against Coinbase and Binance
Financial institution slashes estimate value of its Twitter stake, suggesting the Elon Musk firm value has decreased significantly
GPU powerhouse Nvidia briefly joins elite $1 trillion valuation club, after its share price continued to rise amid AI boom
Nice little earner. Record $279 million award from the US SEC to unnamed Ericsson whistleblower, over bribery case
Sir Richard Branson ends Virgin Orbit operations going forward, with assets being sold off to rivals in space launch sector
Higher court in Montenegro rescinds 800,000 euro bail for Do Kwon due to flight risk concerns, after US and South Korean charges
Sign of things to come? BT is cull 55,000 jobs by 2030, and says that a fifth of the roles will be replaced by AI
New boss of Vodafone loses little time and confirms 11,000 jobs are to go, as the operator seeks to turn around its fortunes
Worldcoin, co-founded by OpenAI chief Sam Altman, close to securing $100m in new funding round amidst 'crypto winter'
Chinese invasion of Taiwan would likely shut down chip production, causing huge economic impact for the world, US warns
Profit slides, and revenues decline for second consecutive quarter, but results please investors after surprising iPhone sales
Softbank's ARM Holdings registers for public listing in the US, in a blow to UK listing hopes and high level lobbying
Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price rises
Plunge in profits at Facebook parent, but Meta pleases Wall Street after sales rose for first time after three quarters of decline
Shares in Alphabet rise after its first quarter results beat expectations, despite reduced ad spending, TikTok competition etc
Azure cloud delivers for Microsoft despite tough economic conditions – with artificial intelligence slated for future growth
EU Parliament approves 'Markets in Crypto Act' (MiCA) for regulation of crypto transparency, disclosure, authorisation, and supervision
Treasury minister says UK could introduce specific laws aimed at regulating cryptocurrency in next 12 months
Mostly positive results from Netflix, as streaming giant winds down legacy DVD via post program and expands password crackdown
Investment by Apple of another $200 million in the ‘Restore Fund’, to remove carbon emissions and support sustainable forestry
Electronics giant Samsung will make “meaningful” cut to chip production, amid global downturn in semiconductor demand
Foreign investment in China surges after Alibaba announces breakup plan, as investors see sign of more business-friendly attitude from Beijing