Breaking News: Technology
China’s Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expected
Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here’s how Tencent did in its first-quarter earnings for 2026, compared to LSEG analyst forecast data: Revenue: 196.5 billion Chinese yuan, compared to estimates of 199 billion Chinese yuan. This is breaking news. Please refresh for […]
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SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters SoftBank booked a yearly gain of $46 billion at its Vision Fund driven mainly by the huge rise in value of its investment in OpenAI. The Japanese giant […]
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Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears
TOPSHOT – Members of the Samsung Electronics labour union hold signs reading “Change it to be transparent!” as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company’s foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images) Jung […]
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Qualcomm drops 11% as chip stocks pull back from record AI-driven rally
Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and propelled the sector to new highs. Qualcomm plummeted more than 11% and headed for its worst session since 2020. […]
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Google races to put Gemini at the center of Android before Apple’s AI reboot
An Android character is displayed in front of a building on the Google headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Images Google is using its latest Android rollout to make Gemini less of a chatbot and more of an operating layer across the phone, browser, car and laptop, […]
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OpenAI trial updates: Board chair Taylor continues testimony, Altman set to take stand
OpenAI CEO Sam Altman is slated to testify in federal court in Oakland, California, on Tuesday as part of the trial in Elon Musk’s lawsuit against the artificial intelligence company. Altman is expected to take the stand after Bret Taylor, the chairman of the board at OpenAI, concludes his testimony, his lawyers told Judge Yvonne […]
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EBay rejects GameStop’s $56 billion takeover bid, calling it ‘neither credible nor attractive’
EBay on Tuesday rejected GameStop‘s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive.” GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. EBay is much larger than the video game retailer, with a market […]
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SoftBank has injected $450 million into this British AI chip company
Softbank has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment giant looks to continue its major play in AI infrastructure and hardware. Graphcore, which is developing AI chips and systems and was acquired by the Japanese giant in 2024, issued a single share at the value of […]
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Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
An Amazon worker pulls a cart of packages for delivery on in New York City, July 12, 2022. Michael M. Santiago | Getty Images Amazon is rolling out “ultra-fast” deliveries to get packages to consumers in 30 minutes or less in dozens of cities across the U.S., the company announced Tuesday, marking its most aggressive […]
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EU to crack down on TikTok, Instagram’s ‘addictive design’ targeting kids on social media
The TikTok app logo is seen in this photo illustration taken in Warsaw, Poland on 18 November, 2024. Nurphoto | Nurphoto | Getty Images The EU is clamping down on social media firms and plans to target “addictive design” features on TikTok and Instagram as governments worldwide look to protect children from the harms of […]
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