Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
iPhone Buyers More Excited by Foldables Than AI, UBS Survey Shows
A UBS survey shows iPhone buying interest is picking up in the US and parts of Europe, but Apple Intelligence isn't driving upgrades. Instea
Oxmiq Raises $35M to Simplify AI Chip Design with All-in-One IP Block
AI chip startup Oxmiq raised $35 million to make custom AI chip design cheaper and faster. The company plans to bundle CPU, GPU, and tensor
Meta Explores Cloud Business to Sell Excess AI Compute Capacity
Meta is exploring a cloud business to sell access to its AI models and spare computing capacity, according to Bloomberg. The move could put
AI Overtakes Demand as Top Reason for June Layoffs, Challenger Reports
US employers announced 45,849 planned job cuts in June, with artificial intelligence cited as the leading cause for 14,029 of them. Technolo
BYD's Overseas Sales Surge 95% Offsets 22% China Drop in June Deliveries
BYD delivered 403,472 vehicles in June, up 5.5% year-on-year, as overseas sales surged 94.7% to 175,349 units. The export boom helped offset
South Korea Accuses Google of Rigging Android Game Launches Toward Play Store
South Korea's antitrust regulator alleges Google struck deals with major game studios that pushed Android game launches toward Google Play.
Chip Stocks Post Record Quarter as AI Boom Drives 88% Surge in Philadelphia Semiconductor Index
Chip stocks just logged their strongest quarter on record, with the Philadelphia Semiconductor Index surging 88% in Q2. AI-fueled demand fro
Google and Idris Elba Launch $1M AI Training Initiative for African Creators
Google and Idris Elba are funding a $1 million initiative to train 100,000 creators in Nigeria, South Africa, Ghana, Kenya, and Sierra Leone
Schneider Electric Acquires Cognite for $3.1 Billion to Boost Industrial AI Capabilities
Schneider Electric agreed to acquire industrial software firm Cognite for $3.1 billion in an all-cash deal. The acquisition will integrate C
Tesla's European Registrations Surge in France, Denmark, Sweden in June
Tesla's new vehicle registrations more than doubled in France and rose in Denmark and Sweden in June, signaling a potential demand rebound i
Archer Materials Signs $1.5M Deal for IonQ Quantum Cloud Access
Archer Materials has inked a three-year, $1.5 million deal to use IonQ's quantum cloud platform. The agreement includes access to current an
China's Top Phone Makers Slash 2026 Shipment Targets as Component Costs Bite
China's biggest smartphone brands are cutting 2026 shipment targets as parts get tighter and costs rise. Xiaomi slashed its target by 30% to