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Category: Business News

10Feb

UK urges parents to warn kids about online harm as under-16 social media ban is weighed

Britain on Tuesday encouraged parents to speak to their children about the harmful content they could encounter online as the government looks into the pros and cons of an Australian-style…
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10Feb

Waymo Goes Fully Driverless in Nashville as US Robotaxi Race Accelerates

Alphabet unit Waymo said on Monday it has gone fully autonomous in Nashville, Tennessee, ramping up operations as the robotaxi race heats up in the United States. In September, the…
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10Feb

Trump plans to exempt Amazon, Google, Microsoft from chip tariffs for AI data centers

U.S. President Donald Trump's administration plans to spare firms such as Amazon, Google and Microsoft from upcoming tariffs on chips as they build AI data centers, the Financial Times reported…
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10Feb

Autodesk Sues Google Over ‘Flow’ AI Software Trademark

Google has been sued by Autodesk for allegedly infringing its "Flow" trademark to market competing AI-enabled software used to make movies, TV shows and video games. In a complaint filed…
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10Feb

Alphabet plans $15B U.S. investment-grade bond sale: Bloomberg

Alphabet is looking to raise about $15 billion from a U.S. high-grade dollar bond sale, Bloomberg News reported on Monday, citing people with knowledge of the matter. Technology firms are…
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10Feb

UK chipmaker Fractile to invest £100m in domestic AI chip expansion

Britain said on Tuesday that homegrown chipmaker Fractile will invest 100 million pounds ($136.43 million) in its UK operations over the next three years, including a new hardware engineering facility…
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10Feb

Databricks raises $5B at $134B valuation to scale enterprise AI products

Databricks said on Monday it has completed a fundraising of about $5 billion at a $134 billion valuation, as the data analytics software company bolsters its balance sheet to invest…
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10Feb

Onsemi Q4 revenue misses estimates as inventory glut hits sales

Chipmaker Onsemi missed Wall Street estimates for fourth-quarter revenue on Monday, with its business segments declining as much as 17%, hurt by a persistent inventory glut. Shares of the Phoenix,…
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10Feb

Montage Technology jumps 64% in Hong Kong debut after $900m IPO for R&D push

China's Montage Technology surged 64% in its Hong Kong trading debut on Monday after the world's biggest memory interconnect chip supplier raised HK$7.04 billion ($900 million) in a share sale…
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10Feb

China’s Nio recalls 246,229 EVs over software safety flaw

China's Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models…
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