Microsoft ended the first quarter of 2026 with its stock down roughly 25%, marking its steepest quarterly decline since the fourth quarter of 2008, when shares fell 27% during the global financial crisis. Although the stock rebounded on Tuesday, the final trading day of the quarter, the recovery did......
Starcloud, a startup developing orbital computing infrastructure, has raised $170 million, bringing its valuation to $1.1 billion as interest in space-based AI systems accelerates. The funding round, led by Benchmark and EQT Ventures, highlights growing investor demand for off-planet data solutions to......
Apple is preparing what Bloomberg’s Mark Gurman calls the “most important transformation in iPhone history”: a foldable iPhone expected to be unveiled in September alongside the iPhone 18 Pro family, though it may not reach customers for several weeks or even months after launch. In......
An increasing number of technology executives are using artificial intelligence as a justification for sweeping job cuts, even as their companies report record revenues. In recent weeks, leaders at Google, Amazon, Meta, Pinterest, and Atlassian have announced or signaled workforce reductions, framing......
Bethesda has announced that The Elder Scrolls: Blades will shut down servers and become permanently unplayable on June 30, 2026. The free‑to‑play dungeon crawler, released in 2020 for iOS, Android, and Nintendo Switch, has already been removed from all digital storefronts. Because the game......
Asha Sharma, CEO of Microsoft Gaming, personally decided to end the "This is an Xbox" marketing campaign shortly after taking charge of the company's gaming division, according to a report published this week by The Information. A Microsoft spokesperson confirmed to media that "Asha......
Sony Japan announced Friday it is temporarily suspending orders for nearly its entire lineup of SD and CFexpress memory cards, citing a worldwide semiconductor memory shortage that has been pressuring consumer electronics for months. The move makes Sony the first major photography industry company to......
Tesla shares rose 0.8% Wednesday to close at $385.95 after European registration data showed positive growth for the first time in over a year, only to shed those gains Thursday with a 1.4% drop to $380.66 as analysts cut 2026 delivery forecasts. ACEA data revealed February registrations up 11.8% year-over-year......
Rapid7 detailed Thursday how a China-linked threat actor, Red Menshen, planted stealthy BPFdoor backdoors in global telecom networks using Linux kernel-level malware. First revealed in 2022, BPFdoor leverages Berkeley Packet Filter technology to passively monitor network packets without opening ports......
Nvidia shares fell about 4% Thursday as investors reacted to competitive, legal and regulatory challenges facing the AI chip leader. Google unveiled TurboQuant this week, an algorithm that cuts AI memory use by up to six times and boosts H100 inference speed by eight times without accuracy loss. Set......
IBM announced Thursday its quantum computer accurately simulated a real magnetic material's behavior. Results matched neutron scattering experiments from national labs. Researchers once deemed this beyond current quantum hardware. The breakthrough advances quantum computing as a practical tool for......
Two U.S. senators, Tom Cotton and Chuck Schumer, plan to introduce the American Security Robotics Act, aimed at prohibiting the federal government from purchasing or operating humanoid robots produced by Chinese companies. The proposed legislation would also block federal funding related to these robots,......
Google unveiled a new set of compression algorithms that sharply reduce the memory footprint of large language models, triggering an immediate selloff in memory and storage chip stocks. The system includes TurboQuant, PolarQuant, and Quantized Johnson Lindenstrauss. These tools focus on the key value......
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