Tag: Breaking News: Technology
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Digital Realty falls 5% after taking $3.5 billion stake in Blackstone’s Virginia data centers
Digital Realty fell in premarket trading Tuesday after it announced its buying a $3.5 billion stake in three data centers from asset manager Blackstone.
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Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide.
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Australia’s competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia’s competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
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AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
Dronemaker AeroVironment’s autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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SpaceX’s $25 billion bond sale drives huge demand – and a potential headache for investors
SpaceX’s $25 billion debt sale drew heavy demand, but analysts warn of capital spending, refinancing and investor concentration risks.
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The AI boom is colliding with a new threat: severe weather
Heatwaves and severe weather are raising risks for AI data centers, from grid strain to higher insurance and repair costs.
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Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO
Baidu’s Hong Kong-listed shares rose over 6% amid reports that its AI chip unit Kunlunxin is targeting a $50 billion initial public offering in the city.
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Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans
Shares of Samsung Electronics and SK Hynix plunged after reports surfaced that the pair are expected to unveil investment plans worth hundreds of billions of dollars.
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The memory shortage shaking Apple and Microsoft is ‘existential crisis’ for smaller players
While Apple and Microsoft raise prices on key devices to help cover the soaring costs of memory, smaller consumer electronics companies are in dire straits.
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How GE Vernova builds the massive gas turbines powering the AI data center boom
GE Vernova turbines are powering Elon Musk’s xAI Colossus 1 data center and Microsoft just bought seven to power its data center in Texas.
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