Technology

Tom Light, CEO of FIRST: Building a Tier 1 B2B Sports Betting Technology Company

Discover how FIRST, led by CEO Tom Light, is becoming a leading B2B sportsbook provider with scalable technology powering operators across regulated markets.

Fed’s Barr Signals Prolonged Rate Hold Amid Stubborn Inflation and Geopolitical Risks

Federal Reserve Governor Michael Barr signals a prolonged period of steady interest rates due to persistent inflation and rising oil price risks, emphasizing the need for sustained disinflationary evidence before considering rate cuts.

Mortgage Rates Skyrocket to Multi-Month Highs, Chilling Housing Market Activity

Mortgage rates surge to multi-month highs in late March 2026, impacting demand for home purchases and refinancing. Learn about the causes and effects.

SPIE Bolsters German Industrial Services with SGS Acquisition

SPIE acquires SGS Industrial Services Group to expand its industrial services in Germany, strengthening its value chain and market position.

ADES Holding Temporarily Halts Some Gulf Offshore Rig Operations Amidst Regional Tensions

ADES Holding temporarily suspends some offshore rigs in the Gulf Cooperation Council (GCC) region due to escalating regional tensions, while maintaining a positive financial outlook and emphasizing safety.

Hong Kong Stocks Climb as AIA and Xiaomi Rally Amid Economic Concerns

Hong Kong stocks rose on Wednesday, supported by gains in key index constituents such as AIA and Xiaomi, which helped offset concerns about China’s...

Google Eyes AI Deal with Apple Amid DOJ Antitrust Battle

Google CEO Sundar Pichai testified in Washington this week that the company is aiming to reach an agreement with Apple by mid-year to integrate...

TikTok to Build €1 Billion Data Centre in Finland to Strengthen European Operations

TikTok is moving forward with plans to enhance its European data infrastructure by investing €1 billion (US$1.14 billion) in the construction of its first...

Nvidia Warns U.S. Lawmakers About Huawei’s Rising AI Chip Threat

Nvidia CEO Jensen Huang recently addressed rising concerns about Huawei Technologies' expanding capabilities in artificial intelligence during a confidential meeting with the U.S. House...

DeepSeek Unveils Prover-V2 as R2 AI Model Anticipation Builds

Chinese AI start-up DeepSeek has generated renewed public interest with the unexpected release of its upgraded mathematics-focused model, Prover-V2, as anticipation builds for its...

Xbox Raises Console and Game Prices Amid Tariff Pressures

Microsoft’s Xbox division is raising the prices of its gaming consoles, accessories, and first-party games across major markets including the United States, Europe, the...

Shoucheng Holdings Commits to Investing in 50 Robotics Firms in China

Shoucheng Holdings, a Hong Kong-listed car park operator under Shougang Group, is set to invest in approximately 50 robotics firms across China in the...

Temu Adjusts Business Model in the U.S. Amid Tariff Changes and Policy Shifts

Temu, the shopping platform owned by Chinese e-commerce giant PDD Holdings, has adjusted its business model in the U.S. in response to retaliatory tariffs...

Microsoft Increases Xbox Prices Amid Market Conditions and Higher Development Costs

Microsoft has announced that it is raising the recommended retail prices for its Xbox consoles and some controllers globally, citing “market conditions” and the...

Amazon Q1 Ad Revenue Surges 19%, Beating Expectations Amid Economic Uncertainty

Amazon reported a 19% increase in its online ad revenue for the first quarter, surpassing analysts’ expectations. Ad sales reached $13.92 billion, slightly exceeding...

Reddit Q1 Revenue Beats Expectations; Shares Soar Before Softening Due to Economic Concerns

Reddit posted strong first-quarter results, surpassing Wall Street’s expectations. The company reported earnings of 13 cents per share, well above the 2-cent estimate, and...

Airbnb Q1 Results Meet Estimates, But Disappointing Revenue Forecast Hits Shares

Airbnb reported results for the first quarter that mostly aligned with analysts' expectations, but issued a revenue forecast for the second quarter that disappointed...

Amazon Cloud Business Slows as AWS Revenue Misses Expectations

Amazon’s cloud business, Amazon Web Services (AWS), showed slower growth than expected in the first quarter, marking the third consecutive revenue miss for the...

Block Misses Expectations in First Quarter, Issues Disappointing Outlook

Block reported disappointing first-quarter results, with the company missing Wall Street’s expectations and offering a weak outlook for the remainder of the year. The...

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