TLDRs; U.S. government acquires 9.9% stake in Intel, raising investor concerns over corporate autonomy. Deal converts $11.1 billion in CHIPS…
Author: Newton Kitonga
Newton Kitonga
Newton Kitonga is a lawyer and crypto enthusiast. He has over five years of experience analyzing derivative markets, FinTech, research, and Decentralized Finance.
TLDRs: GlobalFoundries receives CHIPS Act funding tied to milestones, no US equity stake involved. Intel’s CHIPS Act grants converted to…
TLDRs; Former TSMC Employee Faces 14-Year Prison Sentence After Allegedly Stealing Cutting-Edge Chip Technology Taiwanese Prosecutors Charge Three Individuals in…
TLDRs: Cambricon’s stock jumps nearly tenfold, fueled by ambitions to rival Nvidia in China’s AI market. Company’s valuation soars despite…
TLDRs; Google Cloud partners with Singapore to launch secure AI services, offering strict data residency guarantees for enterprises and agencies.…
TLDRs; Huawei unveiled three AI-optimized SSDs, including the OceanDisk LC 560 with an industry-leading 245TB capacity. The drives improve A…
TLDRs; Google will invest $9B in Virginia by 2026 to expand AI and cloud infrastructure. The plan includes a new…
TLDRs; Alibaba stock dipped 1.49% Wednesday as the company pursued refinancing talks for a $6.5B loan due in 2026. The…
TLDRs; Treasury Secretary Bessent rules out Nvidia stake, citing strong financial position despite US equity move in Intel. Washington’s $11B…
TLDRs; Snowflake raised fiscal 2026 product revenue guidance to $4.4B as AI demand fuels growth. SNOW stock jumped 16.25% in…
TLDRs; Abraham Shafi, CEO of Get Together, indicted for defrauding investors of $170 million tied to IRL’s growth. Prosecutors allege…
TLDRs; A German court barred Apple from labeling Apple Watch Series 9 as carbon neutral, citing misleading offset claims. Apple’s…
TLDRs; SpaceX’s 10th Starship flight validated booster recovery, payload deployment, and orbital engine restart in a single mission. The mission…
TLDRs; TCS creates a new AI and services transformation unit to consolidate capabilities and expand AI-powered client solutions. Amit Kapur,…
TLDRs; China’s Kylin Software launched AI-powered Kylin V11 OS, advancing Beijing’s push for tech self-sufficiency amid U.S. tensions. The system…
TLDRs; Meta’s Superintelligence Lab loses three researchers just two months after launch, despite offering record-breaking pay packages. OpenAI regains Avi…
TLDRs; WiseTech shares fell nearly 12% after posting weaker-than-expected FY revenue of US$778.7 million. A US$2.1 billion E2open acquisition has…
TLDRs; Nikkei and Asahi sue Perplexity in Tokyo, seeking US$29M for alleged copyright infringement and unauthorized article storage. Publishers accuse…
TLDRs; Velo3D (VELO) stock jumped over 2% after joining a U.S. Army-funded defense manufacturing initiative with RTX and Raytheon. The…
TLDRs: Robomart launches RM5 autonomous robot with $3 flat delivery fee to rival Uber Eats and DoorDash. The RM5 can…
TLDRs: TikTok lays off 420 Tokopedia employees in two phases after reviewing team structure. Post-merger overlap elimination targeted logistics, marketing,…
