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Column: Apple’s crackdown on AI apps puts it on the wrong side of history
Steve Jobs founded Apple 50 years ago this week on a simple idea: democratize computing by putting personal computers in the hands of anyone. Now, Apple is going against that founding mission by standing in the way of what could become the most empowering tool for ordinary people in software history — AI coding, or […]
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Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant’s prospects in artificial intelligence. The stock plunged […]
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OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters OpenAI on Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of committed […]
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Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Software maker Oracle has started telling employees that it’s conducting a round of layoffs, two people familiar with the […]
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Marvell stock pops 11% as Nvidia takes $2 billion stake, continuing run of similar bets
Jonathan Raa | Nurphoto | Getty Images Shares of Marvell Technology surged more than 11% after Nvidia announced plans to invest $2 billion in the semiconductor company as companies race to meet ballooning artificial intelligence demand. The deal ties Marvell into Nvidia’s AI ecosystem, making it easier for customers to build on the infrastructure. Both […]
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Huawei’s cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals
Consumers browse Huawei phones in a shopping mall in Yantai, Shandong Province, China on March 8, 2026. Cfoto | Future Publishing | Getty Images Huawei’s push to develop its own artificial intelligence chip has yet to drive the double-digit revenue gains of its peers, as Chinese companies strive to narrow the gap with the U.S. […]
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Stocks making the biggest moves premarket: McCormick, Diageo, Nvidia & more
Check out the companies making the biggest moves premarket: McCormick — Shares rose more than 3% after Unilever confirmed it was in talks with the spices maker over a potential transaction to merge Unilever Foods with McCormick. If a deal were to take place, the Unilever news release said, it would involve “an upfront cash […]
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Nebius unveils plans to build one of Europe’s largest AI factories as region scrambles for compute
Nebius unveiled plans on Tuesday to build a new AI data center in Finland, which it says will be one of Europe’s largest when up-and-running, as the region races to develop the compute infrastructure needed to power the AI boom. The new facility will be based in the Finnish city of Lappeenranta with a capacity […]
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Indian mobile giant Airtel raises $1 billion for data centers from Carlyle, other PE firms
A Bharti Airtel office building pictured in Gurugram, on the outskirts of New Delhi. Pacific Press | Lightrocket | Getty Images India’s telecom giant Bharti Airtel has raised $1 billion for its data center arm — Nxtra Data — from private equity firms Alpha Wave, Carlyle and Anchorage Capital, underscoring a growing global interest in […]
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Micron stock sinks 10%, further cratering in post-earnings sell-off
The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron shares plummeted 10% on Monday, continuing the memory maker’s significant post-earnings sell-off. The company snapped a six-day slide on Friday with a modest gain, but with Monday’s loss, the stock is down […]
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