ByteDance, the owner of the social media platform TikTok, has filed a lawsuit against the United States government in an effort to block a law that would force it to divest from its US assets. On Tuesday, lawyers for ByteDance filed the complaint in the US Court of Appeals in…
Sales of the iPhone fall 10 percent amid growing competition from Chinese rivals such as Huawei. Apple’s revenue has dipped for a fifth consecutive quarter, driven by the steepest decline in iPhone sales since the early days of the COVID-19 pandemic. The California-based tech giant on Thursday reported a profit…
Microsoft CEO Satya Nadella says firm will provide education and training to 200,000 people. Microsoft will invest $2.2bn in artificial intelligence and cloud infrastructure in Malaysia to support the country’s digital transformation, the tech giant has said, following similar announcements in Indonesia and Thailand. The announcement by Microsoft CEO Satya…
Microsoft CEO Satya Nadella says investment will help Southeast Asia’s biggest economy thrive in ‘new era’. Microsoft has announced plans to invest $1.7bn in artificial intelligence and cloud services in Indonesia. Under the plans unveiled by Microsoft CEO Satya Nadella, the tech giant will train 840,000 people in Indonesia in…
Telsa CEO’s unannounced visits comes as Chinese carmakers are promoting rival models at the Beijing Motor Show. Tesla CEO Elon Musk has met with China’s No 2 official on an unannounced visit to Beijing. Musk’s meeting with Chinese Premier Li Qiang comes as Chinese carmakers are promoting their latest electric…
US tech giants, including Google, Meta and Amazon, face pushback from their workers for supporting Israel’s military. After Amazon and Google signed a $1.2bn contract to launch Project Nimbus, providing cloud technology to the Israeli government and the military, tech workers started to notice more Israeli use of artificial intelligence…
Elon Musk, the self-proclaimed free speech absolutist and CEO of X, Tesla, and SpaceX, is once again at the centre of a heated debate about free speech and censorship. Since buying X, the platform formally known as Twitter, in 2022, Musk has sparred with governments and public figures around the…
Tech giants’ shares surge after stronger-than-expected earnings. Google and Microsoft have reported double-digit profit increases, buttressing the case for the tech giants’ heavy investment in artificial intelligence (AI). The quarterly results announced on Thursday by Google parent Alphabet and Microsoft came in ahead of expectations, sending their shares 11 percent…
TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the United States, Reuters reported citing four sources. The algorithms TikTok relies on for its operations are…
The Texas-based company reports profits of $1.1bn in the first quarter, down from $2.51bn a year ago. Tesla reported a 55 percent drop in profit amid fierce competition in the electric vehicle market, but shares rallied on plans to accelerate the production of more affordable models. The Austin, Texas-based company…
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