Intel ex-CEO sued over misleading disclosures
Foundry Division issues
Intel’s former CEO Pat [kicking] Gelsinger and current co-CEO and CFO David Zinsner being sued by a shareholder accusing the executives of mismanagement and misleading disclosures related to the company’s Intel Foundry Services (IFS) division.
Arm loses in Qualcomm court case
Wants a rematch
Arm has announced plans to pursue a retrial in its high-stakes licensing lawsuit against Qualcomm after a jury in a U.S. federal court delivered a mixed verdict on Friday. While the jury ruled in Qualcomm's favour on two of the three counts, it deadlocked on the question of whether Nuvia, a company acquired by Qualcomm, had breached its agreement with Arm.
Tsar Putin claims the evil west uses Google
Very clever man, Mr Putin
The true nature of Google as an instrument of American imperialist manipulation has been unveiled by Comrade Vladimir Putin, who boldly condemned the corporation for its overt complicity in U.S. political games.
Accenture results exceed expectations
Generative AI service boost
Accenture surpassed the cocane nose jobs of Wall Street's expectations for first-quarter revenue and profit, buoyed by robust demand for its generative AI (GenAI) services.
US probes Nvidia over AI chip shipments to China
Tightened export controls
The U.S. Department of Commerce has reportedly asked Nvidia to investigate how its products were acquired by buyers in China over the past year.
Micron shares plummet
Sluggish PC and smartphone demand overshadows AI chip growth
Shares of Micron dropped by approximately 15 per cent after the company issued a grim forecast that highlighted sluggish demand for personal computers (PCs) and smartphones.
Google launches experimental 'Reasoning' AI
Gemini 2.0 flash thinking
Google has unveiled an experimental artificial intelligence model, Gemini 2.0 Flash Thinking Experimental, designed to tackle complex problems through advanced reasoning capabilities.
Waymo autonomous vehicles slash insurance claims
Up to 92 per cent, study finds
Autonomous vehicles operated by Waymo, the self-driving car unit of Alphabet, have demonstrated dramatic reductions in property damage and bodily injury claims, according to a study by Swiss Re, a leading global reinsurer.
Arm and Qualcomm lawyers spar over chip design rights
It’s mine, no it is mine
Attorneys representing Arm and Qualcomm grilled a former Apple executive in a pivotal legal battle over intellectual property (IP) ownership tied to Arm's computing architecture.
US sanctions Chinese hacker and cybersecurity outfit
Attacked Sophos firewall
The US government has imposed sanctions on Chinese hacker Guan Tianfeng and Sichuan Silence, the cybersecurity firm he worked for, following a cyber-espionage campaign compromising "tens of thousands of firewalls," including 36 protecting US critical infrastructure.