Tech News that matter
According to researchers, a new Apple device fault resulted in spyware infestationCalifornia’s content moderation statute is being challenged in court by Elon Musk’s X CorpChina will establish a $40 billion governmental fund to support the chip sectorBig Tech is ready for the EU Digital Services Act rulesCiti invests in a foreign exchange fintech company in PeruFormer Xpeng head of autonomous driving joins Nvidia
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IDC West Africa CIO Summit 2023
Enabling the Digital Economy's Leaders The IDC West Africa CIO Summit 2023 is an event designed to help Chief Information Officers (CIOs) leverage emerging technologies to drive business success. The…
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Amazon income increases because to solid online demand and a strong cloud.
Amazon Inc. posted quarterly sales and profit on Thursday that were ahead of estimates, expressing confidence in its cloud business despite a slowdown in consumer spending and highlighting how its…
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Intel’s profit outlook falls short of expectations, and shares drop.
Amid more sales confidence, chipmaker Intel Corp on Thursday projected second-quarter earnings below Wall Street projections, showing that the business is still having trouble turning a profit amid early indications…
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Snap falls short of revenue projections and issues a second quarter prediction
As a result of modifications to its advertising platform, Snap Inc.'s quarterly revenue fell short of analyst projections on Thursday. The company also issued a warning that the following quarter's…
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T-Mobile’s quarterly sales and wireless user growth are below expectations.
Due to fierce competition and customers delaying plan upgrades, wireless carrier T-Mobile US missed Wall Street expectations for first-quarter revenue and monthly bill-paying phone subscriber additions on Thursday. Customers are…
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Pinterest expects modest revenue growth, and its shares are down.
Pinterest Inc forecast second-quarter revenue growth below Wall Street estimates on Thursday, as the image-sharing platform grapples with a pullback in advertising spending, sending its shares down 9% in trading…
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An FBI raid takes place at a senior FTX official’s home.
The New York Times reported that the FBI searched Ryan Salame's Potomac, Maryland, house on Thursday morning, citing two persons with knowledge of the investigation. Requests for comment from Reuters…
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UK adopts stricter gambling laws in the age of smartphones.
In an effort to update legislation in light of the surge in online and mobile betting, Britain unveiled long-awaited steps to combat problem gambling on Thursday. The ideas call for…
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China’s chip chemical exports may be regulated by Germany
In an effort to lessen its economic vulnerability to the Asian economic giant, Germany may restrict the shipment of chemicals to China used in the production of semiconductors, according to…
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Cloud, not consoles, prevents the UK from seeing Microsoft’s Activision view
Despite all the hype surrounding Xbox vs. PlayStation, it was Britain's unexpected decision to block Microsoft's record-breaking Activision Blizzard merger that was the driving force behind the decision. Since Brexit,…
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