News - subcat

Arm's shares soar as lockup ends
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Trading frenzy kicks off

British chip whiz Arm, backed by the mighty Softbank, saw its shares jump 2.1 per cent to a nifty €118.81 after the lockup period from its mega IPO has just ended, and the market's buzzing like a beehive smeared in a jam.

Apple’s app store dominance under siege
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Major concession or orchestral manoeuvres in the dark?

Fruity cargo-cult Apple  has made a significant concession in its ongoing battle to maintain control over its App Store empire.

Intel's chip ship sails on amid Huawei storm
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Chipzilla can still make Chinese chips

Intel's dodged a bullet that could've seen it kiss goodbye to a fortune in chip sales to Huawei. Despite the bigwigs in Washington wringing their hands to cut off the flow, Intel's still shipping its shiny processors to the Chinese telecom titan for their laptops.

Pentagon refuses to write €2.3 billion cheque for Intel
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Chipzilla's share price feels a bit sick

The Pentagon has reportedly scrapped its €2.3 billion grant earmarked for tech titan Intel, leaving the company’s shares a bit under the weather.

Musk's price cuts crash Tesla values
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Depreciation high

The electric vehicle market is sputtering, with inventories piling up like a traffic jam on the M25, in a desperate bid to keep up, Tesla's been slashing prices like a mad axeman, but it's backfired spectacularly.