Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
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
Japan Taps SoftBank-Backed Noetra to Build National AI Model for Robots
Japan's government has chosen SoftBank-backed Noetra to lead development of a national AI model for robots. The project, backed by up to 1 t
Microsoft Reportedly Plans Layoffs Under 2.5% as AI Spending Continues
Microsoft is reportedly planning another round of layoffs affecting sales, consulting, and Xbox teams, with cuts under 2.5% of its workforce
Bending Spoons Raises $1.68B in Rare Tech IPO, Prices Above Range at $29
Italian software roll-up Bending Spoons priced its US IPO at $29 a share, above the $26-28 range, raising $1.68 billion. The company, known
Australia Ends 25-Year Defense Software Deal with Objective, Trimming Recurring Revenue
Objective announced that Australia's Department of Defense is ending a 25-year upgrade and support program for its ECM software. The change