Author: Agency Staff

Apple has warned that escalating memory chip prices have started to pressure profitability.

Elon Musk is weighing merging SpaceX, xAI and possibly Tesla as investors assess a trillion-dollar AI gamble.

Tesla plans to more than double capital spending to a record high of more than $20-billion this year.

Samsung Electronics has forecast a worsening chip shortage this year driven by the AI boom.

Amazon is cutting 16 000 jobs worldwide in the second major round of layoffs at the company in three months.

SpaceX is reportedly weighing a mid-June initial public offering, aiming to raise as much as $50-billion.

ASML’s grip on EUV chip-making technology is fuelling the global AI boom – and soaring profits.

Social media giants will face scrutiny this week over allegations that their platforms are fuelling a youth mental health crisis.

The EU is accelerating its Iris2 satellite network to secure sovereign communications and reduce reliance on US systems.

WhatsApp has begun offering users an advanced security mode, letting users opt into stronger protections against hackers.