Global data center operator Equinix is considering selling a minority stake in its Hong Kong facilities, valuing the assets at around $2 billion. The move comes as the company seeks to capitalize on the booming …
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Taiwan President Thanks Micron CEO for Trust and Investment in Semiconductor Industry
Taiwan President Lai Ching-te made a rare public gesture towards a senior foreign tech executive by meeting with Micron CEO Sanjay Mehrotra. The meeting, which took place amidst heightened tensions between Taiwan and China, signaled …
Continue readingAT&T Data Breach Exposes Call and Text Records of 109 Million Customers
AT&T has confirmed a massive data breach affecting nearly all of its cellular and landline customers. The breach, which occurred in April 2023, exposed call and text records from May 2022 to October 2022. The …
Continue readingMicroStrategy Announces 10-for-1 Stock Split, Sending Shares Up
MicroStrategy, a software firm renowned for its significant Bitcoin holdings, has announced a 10-for-1 stock split for both its Class A and Class B common stock. The decision, approved by the company’s board of directors, …
Continue readingAI-Powered Beauty Lab Gives South Koreans Perfect Foundation Matches
South Korean cosmetics giant AmorePacific has opened a new AI-powered beauty lab, offering customers personalized foundation and lipstick recommendations. The lab uses AI to analyze skin tone and recommend the perfect foundation shade from 205 …
Continue readingPlatinum Miner Sibanye-Stillwater Under Cyberattack
South African platinum giant Sibanye-Stillwater has experienced a cyberattack on its IT system since Monday morning. The company said the attack caused limited disruptions to its global operations, with its core mining and processing business …
Continue readingIntel Leads Investment in Israeli AI Construction Startup Buildots
Israeli construction technology startup Buildots has secured $15 million in funding, led by Intel Capital. The investment, which also included participation from OG Tech Partners and previous investors, brings Buildots’ total funding to $121 million. …
Continue readingSamsung’s Foldables Get Healthier, Smarter
Samsung unveiled its latest foldable smartphones on Wednesday, making its top-of-the-line model lighter and slimmer while adding AI features to challenge Apple’s dominance in the premium market. The company is also focusing on health monitoring, …
Continue readingTSMC Q2 Revenue Soars 32% on AI Boom
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, reported a significant revenue increase in the second quarter, driven by the booming demand for chips powering artificial intelligence (AI) applications. This growth far surpassed …
Continue readingGermany to Gradually Phase Out Huawei From 5G Network
Germany has agreed in principle to phase out Chinese technology companies, including Huawei, from its 5G network over the next five years. The deal, driven by security concerns, will see components from these companies removed …
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