Technology

Apple Files Fresh Legal Challenge Against UK Demand for Encrypted iCloud Data

Apple has filed a new legal challenge at the Investigatory Powers Tribunal against a UK Home Office demand for back-door access to encrypted iCloud data.

Snap Shares Jump 10% on Earnings Beat and Upbeat Sales Forecast

Snap stock surged about 10% after topping second-quarter earnings estimates and issuing an upbeat sales forecast, aided by World Cup advertising demand.

Palantir, Snap and On Semiconductor Lead After-Hours Stock Moves on Earnings

Palantir, Snap and On Semiconductor were among the biggest after-hours stock movers following the latest round of quarterly earnings reports.

Larry Berg Named Next MLS Commissioner, Succeeding Don Garber in 2027

LAFC co-owner Larry Berg will become the next MLS commissioner, succeeding Don Garber, as the league eyes momentum from the 2026 World Cup.

25 States Sue Trump Administration Over Latest Global Tariffs on 60 Trading Partners

Twenty-five Democratic-led US states sued the Trump administration, arguing its latest tariffs on 60 trading partners exceed presidential authority.

Bybit Suffers $1.5 Billion Hack in Largest Crypto Heist Ever

Bybit, a leading cryptocurrency exchange, has fallen victim to a massive security breach, resulting in the theft of approximately $1.5 billion in digital assets....

23andMe Faces Buyout Offer from CEO Anne Wojcicki and New Mountain Capital

23andMe’s CEO, Anne Wojcicki, alongside New Mountain Capital, has submitted a proposal to take the struggling genetic testing company private. According to a recent...

Block, Affirm, and PayPal Expand Fintech Horizons Amid Growing Competition

Block, Affirm, and PayPal, three fintech pioneers from different eras of Silicon Valley, are now converging in their ambition to become comprehensive digital banking...

Geely’s Galaxy and Xpeng’s Mona 03 Challenge Tesla in China’s EV Market

Two electric vehicle models, designed for middle-income consumers in China, are emerging as Tesla’s strongest competitors, with more budget-friendly prices attracting cost-conscious buyers. Geely...

DeepSeek’s AI Breakthrough Shakes Global Markets

In 2022, under the pseudonym “an ordinary little pig,” the founder of AI start-up DeepSeek quietly donated 138 million yuan (US$19 million) to Chinese...

Doximity Shares Surge 36% Following Strong Quarterly Earnings

Doximity shares experienced a significant surge of 36% following the release of its fiscal third-quarter earnings, which outperformed Wall Street’s expectations. The digital platform...

Anduril Secures Funding at $28 Billion Valuation, Doubling in Value

Anduril, the defense technology company founded by Palmer Luckey, has secured a term sheet to raise capital at a valuation of $28 billion. The...

ByteDance Unveils AI Model OmniHuman-1 for Realistic Video Generation

ByteDance, the technology powerhouse behind TikTok, has unveiled an advanced artificial intelligence (AI) model that is generating widespread attention for its ability to create...

Stellantis Expands AI Partnership with Mistral to Enhance Industry Data Analysis

Stellantis, the world’s fourth-largest automaker, has announced an expansion of its strategic partnership with French artificial intelligence (AI) firm Mistral. This collaboration aims to...

Tesla Raises Model X Prices in the U.S. by $5,000 Amid Cost-Cutting Efforts

Tesla has raised the prices of its Model X vehicles in the United States by $5,000, according to an update on its official website....

DeepSeek’s AI Success Fuels Renewed Investor Confidence in Chinese Tech Stocks

The rapid rise of Chinese AI start-up DeepSeek is prompting investors to reassess the valuation of China’s technology sector, which has long traded at...

ClouDr Shares Rise as AI Integration Enhances Digital Healthcare Services

Shares of Chinese digital healthcare company ClouDr Group rose for a second consecutive day following the announcement of its integration with DeepSeek’s artificial intelligence...

Alibaba Strengthens AI Team with Key Hire from Salesforce Research Asia

Alibaba Group Holding has bolstered its AI team with the recent addition of Steven Hoi Chu-hong, an expert in machine learning and computer vision....

AI Investment a Top Priority for Asia-Pacific Entrepreneurs, UBS Report Finds

Entrepreneurs in the Asia-Pacific region see artificial intelligence (AI) as a major driver of business growth, with many willing to invest in AI infrastructure...

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