Recently, a panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. This decision has sent shockwaves through the tech industry and sparked a debate on freedom of speech and judicial overreach. One justice, Luiz Fux, voted to uphold the decision but expressed
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Alibaba, the Chinese e-commerce giant, has recently announced the completion of a three-year regulatory “rectification” process. This process was initiated following an antitrust fine imposed on the company in 2021 on charges of monopolistic practices. While the news of the completion has led to a positive response from investors, it is crucial to delve deeper
Dell recently reported its quarterly results, which have managed to exceed Wall Street expectations. The standout performance was powered by an astounding 80% increase in server sales. This led to a more than 3% rise in the company’s stock price in extended trading. In terms of revenue, Dell reported $25.03 billion, surpassing the expected $24.53
Tech and chip-related stocks in Asia witnessed a significant decline on Thursday, following the release of Nvidia’s second-quarter results in the United States. Companies with direct ties to Nvidia, such as South Korean chipmakers SK Hynix and Samsung Electronics, experienced the most substantial losses. SK Hynix, a manufacturer of high bandwidth memory chips utilized in
Elon Musk’s artificial intelligence startup, xAI, is under fire for its use of natural gas burning turbines at its new data center in Memphis, Tennessee. Environmental and health advocates have accused the company of adding to the pollution problem in the area by operating these turbines without the necessary permits. The Southern Environmental Law Center
The rise of artificial intelligence (AI) has created a surge in demand for more powerful processors and efficient cooling systems in data centers. Sustainable Metal Cloud, a pioneering data center company, has taken advantage of this opportunity by developing “sustainable AI factories” in Singapore and Australia. The company’s HyperCubes, equipped with Nvidia processors submerged in
In a recent turn of events, Microsoft announced its plans to convene a cybersecurity conference in September with the aim of addressing the aftermath of a faulty software update released by CrowdStrike. This update, released in July, led to the crashing of millions of Windows computers, causing widespread chaos in various sectors of the economy.
Recently, Meta revealed that it had successfully blocked a “small cluster” of WhatsApp accounts associated with an Iranian hacking group known as APT42. These accounts were being used to target political officials connected to President Joe Biden and former President Donald Trump. The company, in a blog post, disclosed that the fraudulent accounts were part
Workday, a leading finance and human resources software maker, saw its shares surge by a remarkable 12% following the release of its fiscal second-quarter results. The company not only surpassed analysts’ estimates but also unveiled plans to further expand its adjusted operating margin by 2027. The remarkable results included earnings per share of $1.75, adjusted
Snowflake, a data cloud analytics company, experienced a 13% drop in their shares following the release of their fiscal second-quarter 2025 earnings. While the revenue of $869 million exceeded analysts’ expectations, the deceleration in product revenue growth from past quarters raised concerns. The company reported $829.3 million in product revenue, marking a 30% increase year