Tech News

30 Articles
Tech News

SpaceX’s network plans have rattled legacy carriers, but there’s a surprise gainer

Shares of major telecommunications companies tumbled Friday after SpaceX SPCX announced an agreement to acquire a nationwide portfolio of low-band spectrum licenses, intensifying...

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Coherent stock forms bullish pattern as Lumentum projects strong optics demand

Coherent (COHR) stock has wavered since mid-August, in step with the consolidation among leading companies in the artificial intelligence industry. Shares were trading...

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SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to...

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Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered

Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current...

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Amazon plans $7 billion acquisition of Decart, a fast-growing AI startup

Amazon is in talks to acquire Decart, a fast-growing artificial intelligence (AI) company. According to the WSJ, Amazon is planning to buy the...

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Here’s why NVIDIA stock may surge to $250 and beyond soon

NVIDIA stock price has rebounded in the past few weeks and is now slowly approaching the all-time high. It was trading at $200...

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Univity raises €27M to build Europe’s biggest satellite network

Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a €27 million ($32 million) funding round....

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Why does Trump not want US businesses to claim tariff refunds?

A year ago, Donald Trump called it Liberation Day. Today, 330,000 American businesses are filing to get their money back, and the President...

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Microsoft offers buyouts to 7% US staff amid AI spending surge

Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States, marking the first programme of this scale in the...

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Meta to cut 10% workforce as AI spending surge drives overhaul

Meta Platforms, Inc. plans to lay off about 10% of its workforce, or roughly 8,000 employees, as the social media giant looks to...