Tag: tech
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Chip stocks plunge, but bargain-hunters stem losses in other tech names
June 23 : U.S. chip stocks stumbled on Tuesday, but the broader market’s initial slump brought out bargain-hunting investors, stemming the falloff in other companies central to the AI infrastructure rally that have powered the market over the last few years.The tech-heavy Nasdaq Composite index was still down
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Jeff Bezos says AI will create more jobs at VivaTech Paris
The Amazon founder, who now has robotics and space travel companies, thinks AI will create a labour shortage.
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AI showdown at G7: Can Europe break free from US tech?
Washington’s decision to restrict access to cutting-edge AI has sparked fears that the technology itself is becoming a geopolitical tool. For Europe, the race is on to decide whether it can build its own alternatives.
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Quantum tech firm EigenQ to go public in $3 billion SPAC deal
June 17 : EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday.EigenQ’s core business includes making cybersecurity systems that will protect networks and devices from future attacks by po
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Can tech fix overtourism?
From Alaska to Bali, mass tourism strains cities worldwide. Some curb crowds with fees and time slots; others turn to AI and sensors. Critics warn it could deepen inequality and limit access for some travelers.
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AI boom sparks rally, frenzy and fear
LONDON, June 10 : An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech, while consumers, workers and businesses are grappling with existential questions unleashed by the likes of ChatGPT and Claude. Some analysts say Artificial I
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No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay
BRUSSELS, June 9 : EU regulators on Tuesday slammed Apple for blaming EU tech rules for its decision not to roll out its upgraded assistant Siri AI in the European Union for now, saying they had rejected the company’s request for an 18-month exemption from its obligations.The iPhone maker on Tuesday said Siri
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Australia, Canada, Japan trade bodies fret over being left out in made-in-Europe drive
BRUSSELS, June 8 : Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Australia, Canada and Japan warned on Monday.The warning by the Tech Council of Australia, the Can
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Big tech firms must stop young people circulating nude images, says UK PM Starmer
LONDON, June 8 : Big tech firms operating in Britain must introduce safety measures on children’s phones to prevent them from circulating nude images or they will face legislation forcing them to do so, Prime Minister Keir Starmer said on Monday. Under the new plans, firms like Apple and Google should build o
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US stocks slump as fears over Big Tech shake Wall Street
The Nasdaq saw its biggest daily fall since early 2025.
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