Xiaomi Faces Rising Costs Amid Memory Chip Shortage
The company adjusts Redmi K90 pricing as global demand for AI chips drives up component costs. Chinese electronics firm Xiaomi...
Company news
Intel Surpasses Q3 Expectations Amid Restructuring
Cost cuts and strategic investments help Intel beat profit forecasts and regain investor confidence. Intel has reported stronger-than-expected third-quarter earnings,...
European Satellite Makers Unite to Challenge Starlink
Airbus, Thales and Leonardo plan joint venture to consolidate satellite operations and boost competitiveness. Three major European aerospace firms—Airbus, Thales...
Intel’s Q3 Results to Test Impact of Major Investments
Billions in funding from Nvidia, SoftBank and the U.S. government offer lifeline, but challenges remain. Intel’s third-quarter earnings report is...
LG India Goes Public to Deepen Local Integration
LG Electronics has listed its Indian subsidiary on the NSE, aiming to strengthen its role in India’s economic and industrial...
Oracle Projects $166B Cloud Revenue by 2030
Oracle forecasts cloud infrastructure to reach $166B by 2030, driven by diversified demand and large-scale AI-related bookings. Cloud Growth Drives...
Spotify Restructures Leadership as Ek Steps Aside
Daniel Ek will become executive chairman in January, as Spotify adopts a co-CEO model to strengthen long-term strategy. Leadership Transition...
Samsung Ordered to Pay $445M Over Wireless Patent Case Summary
A Texas jury ruled Samsung must pay $445.5M to Collision Communications for infringing patents tied to 4G, 5G, and Wi-Fi...
S&P Global and IBM Expand AI Use in Supply Chain Tools
S&P Global integrates IBM’s watsonx Orchestrate to enhance supply chain visibility and decision-making with agentic AI technology. AI Agents Enter...
Google Commits $4B to Arkansas Infrastructure and Talent
The tech giant will build a data center, expand solar energy, and offer free AI training to residents through 2027....
