Samsung Electronics is sparing no effort to create a stir in the financial world after making a recent announcement that it is seriously weighing a share buyback programme, albeit with important aspects, such as scale and timing, yet to be finalized. In a filing with the Korea Exchange Corp. on Wednesday, the South Korean tech …
A landmark collective action against Apple, which could cost the tech giant £3bn, has been approved by the Competition Appeal Tribunal in London. The lawsuit, filed by consumer group Which?, claims that Apple used its powerful brand and market dominance to block its customers from alternative cloud storage providers. This decision opens up the class …
Meta Platforms and EssilorLuxottica have introduced a new generation of Artificial Intelligence (AI) smart glasses designed to be more accessible to the market and reduce the barrier to entry for the adoption of smart glasses. The newly announced Meta Glasses will come equipped with a price tag of $299, which is a significant drop from …
South Korea's most valuable publicly listed company, SK Hynix has taken over Samsung Electronics in a major reversal in the nation's corporate structure, putting the struggling chipmaker on top. The semiconductor maker's market capitalization stood at 2,080.4 trillion won ($1.35 trillion) on June 22, 2026, just outpaced Samsung's valuation of 2,066.7 trillion won, excluding preferred …
Apple has been the giant in electronics manufacturing for over a decade, and has used its massive financial clout to orchestrate the best terms and best-first access to key components. Its size has historically meant that the company has been able to buy in parts at a discount and still sell its devices at a …
A federal appeals court has cleared the way for Ohio to enforce a groundbreaking law requiring social media platforms to obtain parental consent before allowing children under sixteen to create accounts and use their services. The ruling marks a significant development in the ongoing national debate over how to protect young people from the potential …
Intel has taken a bold step to strengthen its contract manufacturing arm by hiring Seok-Hee Lee, a renowned expert in the semiconductor industry, as the executive vice president to lead Intel's advanced packaging business. The move, which was announced on Thursday, reflects a redoubled effort by Intel to assert its role as the dominant force …
In a significant shift for the Brazilian mobile ecosystem, Apple has officially agreed to permit developers to distribute iOS applications through alternative marketplaces and process payments outside its proprietary system. This landmark decision comes as part of a settlement with Brazil's antitrust watchdog, CADE, marking a pivotal moment in the ongoing global debate over digital …
On Wednesday, Telegram, a messaging application, filed a petition before the Delhi High Court to contest the temporary ban on its services in India by the government. This legal action follows an unprecedented order from the Ministry of Electronics and Information Technology (MeitY), under Section 69A of the Information Technology Act, 2000, which instructed telecom …
Attorney General James Uthmeier launched his legal attack on TikTok with a lawsuit on Monday alleging the popular social media website is breaking Florida's new child protection law. The lawsuit filed in St. Lucie County state court is the latest in a wave of lawsuits against social media companies for their effect on younger audiences …
On Monday, British Prime Minister Keir Starmer announced plans to introduce a far-reaching ban on social media for children under 16, which is one of the more aggressive regulatory moves against big tech in recent years. The move comes as part of the government's wider drive to reduce the harms of social media and bring …
In the days leading up to an unprecedented US government order that forced Anthropic to globally shut down access to two of its most advanced artificial intelligence models, Amazon’s chief executive, Andy Jassy, privately voiced serious security concerns about the very same systems to senior Trump administration officials. That revelation, shared by a person familiar …
On a Friday morning that started like any other for millions of social media users, Meta’s family of apps suddenly went quiet. Just past nine twenty Eastern Time, reports began flooding in from people unable to refresh their Instagram feeds, post updates on Facebook, or send messages. For roughly two and a half hours, the …
In a development that could reshape the landscape of artificial intelligence hardware, Google is reportedly in advanced talks with Samsung Electronics to produce a key component of its upcoming AI processor. The Information detailed on Thursday, citing two individuals with direct knowledge of the matter, that Alphabet’s Google is looking beyond its traditional manufacturing partners …
