Technology



Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter

Apple reported its strongest March quarter on record on April 30, posting revenue of 111.2 billion dollars and earnings per share of 2.01 dollars, surpassing Wall Street expectations of 109.66 billion dollars in revenue and 1.94 dollars per share. The results were driven by a 21.7 percent surge in iPhone......

Australian firm claims 3,000-fold quantum speedup over classical computing on real-world problem

Q-CTRL, an Australian quantum infrastructure software company, announced Tuesday that it has achieved what it describes as practical quantum advantage on a problem with direct commercial relevance, completing a materials science simulation in approximately two and a half minutes on IBM's 120-qubit......

Chinese chipmakers rally around DeepSeek V4 as Washington tightens AI export controls

China's semiconductor industry is consolidating rapidly around DeepSeek's V4 large language model, with a growing roster of domestic chipmakers racing to certify compatibility as the United States intensifies its technology restrictions on Chinese access to advanced AI hardware. Huawei moved......

AI agent leaks passwords after simple social engineering trick in live experiment

A high-profile live experiment, a malware campaign hidden inside a fake plugin, and a new open-source scanning tool have converged this week to expose the depth of security vulnerabilities facing autonomous AI agent systems, with findings that carry serious implications for how such tools are deployed......

US supreme court refuses to pause ruling in Apple-Epic Games dispute

The U.S. Supreme Court has declined to temporarily block a lower court order holding Apple in contempt in its long-running legal battle with Epic Games, marking a new chapter in one of the most closely watched disputes in the technology sector. The case stems from a broader antitrust lawsuit filed by......

Samsung crosses $1 trillion valuation on record earnings and AI chip rally

Samsung Electronics shares surged more than 12 percent on Wednesday, pushing the South Korean technology giant's market capitalization above $1 trillion and making it only the second Asian company after TSMC to reach that threshold. The rally was driven by overnight gains in U.S. AI-linked stocks......

SpaceX IPO reshapes corporate control with unprecedented investor limits

SpaceX is preparing to go public with an initial public offering (IPO) that would significantly strengthen founder Elon Musk’s control over the company while sharply limiting traditional shareholder rights, according to filing documents reviewed by Reuters. Musk’s consolidated control The......

AMD forecast sparks AI-driven rally in US chipmaker stocks

Shares of major U.S. semiconductor companies rose sharply on Wednesday after strong forecasts from Advanced Micro Devices (AMD) boosted investor confidence in long-term demand for artificial intelligence infrastructure. AMD shares jumped nearly 18% in premarket trading, while other chipmakers including......

Amazon opens access to Claude Code and Codex for all employees

Amazon has officially extended access to Anthropic's Claude Code and OpenAI's Codex to its entire workforce, reversing months of internal policy that had restricted engineers to the company's homegrown coding assistant Kiro and required special authorization for any third-party AI tool. The......

AI-generated "podslop" now accounts for 39 percent of new podcast submissions

Nearly four in ten new podcasts added to major directories over a recent nine-day period were likely created by artificial intelligence, according to new data from Podcast Index, an open-source platform that tracks the global podcasting ecosystem. The flood of machine-generated audio content, increasingly......

OpenAI launches a $10 billion joint venture to embed AI in private equity firms

OpenAI has finalized a joint venture valued at $10 billion, raising more than $4 billion from 19 investors in what represents the company's most aggressive move yet to embed its artificial intelligence technology directly inside large enterprises ahead of an anticipated public offering. The entity,......

Rockstar Games developers allege unpaid overtime amid GTA 6 crunch at India studio

An anonymous review posted on Glassdoor by a developer at Rockstar Games' studio in Bengaluru, India, has reignited debate over crunch culture in the video game industry. The post, which appeared on May 3 and was attributed to a quality assurance analyst at Rockstar India, describes a sharp escalation......

New Mexico seeks changes to Meta platforms in youth harm trial

A legal trial is set to begin in New Mexico focusing on allegations that major social media platforms operated by Meta have negatively affected the mental health of young users. The case is being heard in Santa Fe and represents a significant step in ongoing legal efforts to regulate digital platforms’......

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