Keywords: Tech
Amazon has announced plans to lay off 16,000 employees, marking its second major round of workforce reductions within three months. The move aims to streamline operations and boost agility as the company vies for dominance in the rapidly evolving artificial intelligence landscape. In a recent company......
Recent data highlights Android's continued dominance over iPhone in smartphone markets across Arab countries, with notable variations between nations. In conflict-affected areas, Android's market share exceeds 90 percent, while affluent Gulf states exhibit stronger iPhone adoption. This divergence......
The European Union is gearing up to phase out Chinese-made equipment from its critical infrastructure, targeting companies like Huawei and ZTE by barring them from telecommunications networks, solar energy systems, and security scanners. This move represents the European Commission's strongest stance......
Prometheus Fuels, a Santa Cruz-based company, has unveiled a groundbreaking electrochemical method to produce synthetic kerosene and diesel from electricity and atmospheric air, claiming an 80% reduction in e-fuel production costs compared to the century-old Fischer-Tropsch process. Announced on January......
A Chinese artificial intelligence startup has unveiled an advanced open-source image generation model, marking a pivotal advancement in China's drive for technological self-reliance amid ongoing U.S. export restrictions. Zhipu AI introduced GLM-Image, the first top-tier multimodal AI model fully......
The European Union is developing contingency plans to impose sanctions on major American technology companies should President Donald Trump proceed with his stated ambition to annex Greenland. Reports indicate these measures could target firms such as Meta, Google, Microsoft, and X, alongside US banks......
Alphabet's stock soared to an intraday peak of $331.48 on January 9, 2026, fueled by surging investor confidence in the Google parent's artificial intelligence prowess. The shares closed at $329.14 that Thursday, building on prior gains that saw the stock touch $330.54 following a key analyst......
Elon Musk's artificial intelligence startup xAI posted a net loss of $1.46 billion in the third quarter of 2025, according to internal documents reviewed by Bloomberg. This marks a sharp rise from the $1 billion deficit in the first quarter, as the company burns through cash to erect massive data......
Asian stock markets soared to historic peaks on Monday, driven by a robust surge in technology shares as investors shrugged off geopolitical shocks from the U.S. capture of Venezuelan President Nicolás Maduro over the weekend. Gold prices spiked sharply while oil traded in a narrow range early......
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