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15Jan

US judge dismisses CrowdStrike shareholder lawsuit over July 2024 global outage

A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded them by concealing ‌its inadequate software testing and quality assurance procedures, before a July 2024…

15Jan

Infosys Raises Revenue Forecast, Signals Strong Demand Outlook

Bengaluru: India's No. 2 software services exporter Infosys unexpectedly raised its revenue forecast on Wednesday and signaled a healthy demand outlook, citing steady discretionary tech spending and renewed momentum in…

15Jan

US Senate delays crypto bill talks after Coinbase CEO pushback

The United States Senate Banking Committee said on Wednesday it postponed a discussion of draft legislation that would create a regulatory framework for cryptocurrencies, hours after Coinbase CEO Brian Armstrong…

15Jan

Boeing reaches tentative settlements in related 737 MAX crash lawsuits

Boeing has reached tentative settlements with a Canadian man who lost six relatives in the 2019 crash of an Ethiopian Air 737 MAX jet shortly after takeoff. A jury had…

15Jan

TSMC Q4 profit jumps 35%, beats forecasts on AI chip demand

Taipei: TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, on Thursday posted a 35% jump in fourth-quarter profit to record levels that handily…

15Jan

OpenAI signs $10 billion computing deal with Cerebras

OpenAI will purchase up to 750 megawatts of computing power over three years from chipmaker Cerebras as the ChatGPT maker looks to pull ahead in the AI race and meet…

15Jan

Honeywell Plans Confidential U.S. IPO Filing for Quantum Unit Quantinuum

Industrial company Honeywell said on Wednesday it plans for its ‌majority-owned quantum computing unit Quantinuum to confidentially file draft initial public offering papers with the U.S. securities regulator. Quantinuum's IPO…

15Jan

KKR Raises $2.5B for Second Asia-Pacific Credit Fund

Global investment firm KKR said on Thursday that it has completed a $2.5 billion fundraising for its second credit fund focused on privately originated performing credit investments in the Asia-Pacific…

15Jan

Alibaba upgrades Qwen AI to handle food orders and travel bookings

Beijing: Alibaba on Thursday launched significant upgrades to its Qwen artificial intelligence app, saying it could now execute tasks such as order food delivery and make travel bookings as it…

15Jan

Toyota Industries hits record high after takeover bid, hope of higher offer

Tokyo: Shares of forklift maker Toyota Industries surged to a record high on Thursday after a sweetened bid from Toyota Motor, trading slightly above the new offer on hopes that…

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