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UK regulator probes Photoshop maker Adobe over cancellation fee concerns

Britain’s competition regulator has launched an investigation into Photoshop maker Adobe to examine whether its early cancellation fees ‌were unfair and...

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Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal

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Samsung Elec to supply HBM4 chips to OpenAI, South Korean paper says

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/ 4 months ago

Nvidia CEO Huang sees strong demand for Blackwell chips

Nvidia CEO Jensen Huang said on Saturday the semiconductor giant’s business was growing strongly and it was experiencing “very strong demand”...

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/ 4 months ago

Mistrial declared for MIT-educated brothers accused of $25 million cryptocurrency heist

A federal judge on Friday declared a mistrial in the case of two Massachusetts Institute of Technology-educated brothers charged with carrying...

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/ 4 months ago

Qcells furloughs 1,000 workers at US solar factories due to stalled shipments

Qcells, the U.S. solar manufacturing arm of Korea’s Hanwha , said it would furlough 1,000 workers at its Georgia factories because...

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/ 4 months ago

OpenAI’s Altman urges US to expand Chips Act tax credit for AI growth

OpenAI CEO Sam Altman on Friday doubled down on the company’s ask for the U.S. to expand eligibility for a Chips...

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/ 4 months ago

EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion

EV maker Rivian on Friday said it was giving its CEO a revised pay package worth as much as $4.6 billion...

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/ 4 months ago

Fed’s Miran: Stablecoin adoption could put downward pressure on interest rates

Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central...

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/ 4 months ago

Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports

A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of...

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/ 4 months ago

Disney, YouTube TV remain in talks to restore ABC and ESPN

Disney said on Friday it is continuing talks with Google’s YouTube TV to restore ABC and ESPN after its networks went...

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/ 4 months ago

France lets Shein resume operation after it withdrew all illicit products

The French Finance Ministry on Friday allowed Chinese online retailer Shein to resume operating in France after demonstrating it had withdrawn...

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/ 4 months ago

GoDaddy hit with $170 mln patent verdict over web-design tech

Internet domain registrar GoDaddy owes a patent owner $170 million for violating its rights in website-building technology, a Delaware federal jury...

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