GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers — GM (GM.N) has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold …
Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs — TikTok owner ByteDance is ramping up its spending on artificial intelligence infrastructure, boosting its planned capital expenditure …
OpenAI, Anthropic, and Google's enterprise push with PE firms poses a new competitive threat to India's IT industry, as services become increasingly automatable — On Wall Street, the announcements sounded like the next phase of the artificial intelligence (AI) boom: frontier model companies …
Sales of PC motherboards are expected to fall 25%+ YoY in 2026, as PC users delay their upgrades amid AI-driven price surges for memory, storage, and processors — Fewer people are buying parts and building new PCs from scratch. … Motherboard sales are now collapsing amid unprecedented shortages fueled …
Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom — Shares of Datadog Inc. popped after the application monitoring software firm crushed Wall Street's expectations …
Sony and TSMC announce a new JV to build next-gen image sensors for robots and cars, as Sony moves from in-house manufacturing to a more asset-light approach — Sony Group Corp. plans a new joint venture with Taiwan Semiconductor Manufacturing Co. as the first step toward what it called …
Specialist chipmaker Silex raised ~$220M in a Stockholm IPO and jumps nearly 160% in trading, the strongest open for a sizable European IPO in almost five years — Silex Microsystems AB surged in its first day of trading on Nasdaq Stockholm after an initial public offering that raised …
Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit — Ride-hailing company posts weaker than expected first-quarter revenues but issues optimistic outlook
Sources: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal — Stack Infrastructure Inc., a data center company owned by Blue Owl Capital, is considering options including a sale of its Asia operations …
In Q1, the iPhone 17 was the world's best-selling smartphone, with 6% of global sales; the iPhone 17 Pro Max and 17 Pro were 2nd and 3rd, and Galaxy A07 was 4th — Harshit Rastogi is Senior Analyst based out of Gurgaon, India. He closely tracks global handset market ecosystem and wearables.
Vodafone plans to take full ownership of its VodafoneThree joint venture with Hong Kong conglomerate CK Hutchison, which agrees to sell its 49% stake for £4.3B — The deal is expected to be completed in the second half of 2026 — Vodafone Group will take full ownership of its joint venture …
How AI tools such as Naver's Talking Buddy and SuperBrain are helping South Korea's elderly ease loneliness, detect emergencies, and slow cognitive decline — In the world's fastest aging society, artificial intelligence is being used to make care calls to older adults who live alone and to fight dementia.
Jensen Huang said Nvidia's market share of AI accelerators in China has “now dropped to zero” and that US export policy “has already largely backfired” — US export restrictions bite. … Nvidia CEO Jensen Huang said that the company's market share of AI accelerators in China has now dropped to 0%.
Analysis: Asian suppliers account for ~90% of Nvidia's production costs, up from 65% in 2025, as latest wave of collaborations shifts from chips to physical AI — The list of Asian stocks that benefit from business partnership with Nvidia Corp. is getting longer, as the region further integrates …
JLL: Japan's $23B data center market is set to grow ~50% by 2030, with 90% of sites concentrated in densely populated regions, prompting pushback from residents — Japan is getting ready for a huge surge in AI facilities — and complaints from nearby residents
David Shepardson / Reuters : GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the locati...
