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Tech News
/ 2 months agoChinese food delivery company Meituan’s profit slides as competition intensifies
China’s leading food delivery group Meituan posted an 89% drop in second-quarter adjusted net profit on Wednesday, hit by rising competition...
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Tech News
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A U.S. stake in chipmaker Nvidia is “not on the table” Treasury Secretary Scott Bessent said on Wednesday.Read More
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Tech News
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A Russian court has fined social networking sites Pinterest and Twitch in separate cases for violating local internet regulations, the court...
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Tech News
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China’s chipmakers are seeking to triple the country’s output of artificial intelligence chips in 2026, rushing to reduce dependence on Nvidia...
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Tech News
/ 2 months agoBlackstone plans $5 bln expansion of Spanish data centre project
U.S. asset manager Blackstone is looking to expand its planned project to build data centres in Spain’s Aragon, with an additional...
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Tech News
/ 2 months agoIndonesia urges TikTok, Meta to act against harmful online content
Indonesia has summoned representatives of Meta Platforms Inc , ByteDance’s TikTok and other social media platforms, ordering them to boost content...
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Tech News
/ 2 months agoInvestors worry Trump’s Intel deal kicks off era of US industrial policy
The U.S. government’s new stake in Intel is making some investors nervous that President Donald Trump’s deal heralds an era of...
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Tech News
/ 2 months agoProfit dives at China’s top food delivery firm Meituan amid intense competition
China’s leading food delivery group Meituan , reported on Wednesday a fall of 89% in second-quarter adjusted net profit as it...
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Tech News
/ 2 months agoDominant AI trade confronts test as bellwether Nvidia reports earnings
The AI theme that has propelled markets over the past couple of years faces a crucial moment.Read More
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Tech News
/ 2 months agoNvidia earnings: AI demand, China, and what else to watch for
AI chipmaker Nvidia, the dominating force behind the rally in the S&P 500 index since 2023, is set to report second-quarter...
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