Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged…
Lucid stock price could be at risk amid strong vehicle depreciation
The Lucid stock price has rebounded in the past few weeks as investors bet on the upcoming Gravity launch. This week, it…
Singapore strengthens AI edge with Micron’s $7B investment in HBM
Singapore is set to solidify its position in the global semiconductor supply chain with Micron Technology’s announcement of a $7 billion investment…
Why Apple’s $1 billion bid couldn’t sway Indonesia’s ban decision
Indonesia has upheld its ban on the sale of Apple Inc.’s iPhone 16s, stating that the tech giant’s $1 billion investment plan,…
Volvo’s December sales dip, while electric vehicle demand surges
Volvo Cars experienced a 3% year-on-year decline in sales during December, with 73,804 cars sold, as the market for hybrid vehicles showed…
NXT rises on higher profit guidance, but FTSE 100 retailer warns of increased costs in 2025
British multinational clothing and footwear retailer Next was up by more than 3% on Tuesday after it raised guidance following a strong…
Microsoft commits $3 billion to expand AI and Cloud capabilities in India
Microsoft CEO Satya Nadella announced on Tuesday a significant investment of approximately $3 billion to expand the company’s artificial intelligence and Azure…
Altcoin update: HBAR and Worldcoin turn bullish as Bitcoin holds above $100K
Cryptocurrencies maintain a bullish stance as Bitcoin showcases upside momentum above the $100K mark. BTC changed hands at $101,830 during this publication,…
Indonesia’s smartphone market: a new player enters as Apple faces domestic hurdles
While Apple grapples with an Indonesian sales ban related to domestic production requirements, Huawei spinoff Honor has announced its plans to launch…
OpenAI’s ChatGPT Pro is losing money, CEO Sam Altman admits
OpenAI CEO Sam Altman has revealed that the company’s $200-per-month ChatGPT Pro plan is currently operating at a loss. This surprising admission…
