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Australia to charge tech companies for news content if they do not pay
12 Dec 2024

Australia to charge tech companies for news content if they do not pay

Australia’s centre-left government said on Thursday it planned new rules that would charge big tech firms millions of dollars if they did not pay Australian media companies for news hosted on their platforms.
Stunning rally in Big Tech drives Nasdaq to 20,000

Stunning rally in Big Tech drives Nasdaq to 20,000

12 Dec 2024
The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest rates fueled a searing rally in technology stocks. 
Bain to raise offer for Fuji Soft above KKR, Nikkei reports

Bain to raise offer for Fuji Soft above KKR, Nikkei reports

11 Dec 2024
U.S. private equity firm Bain Capital is set to raise its offer price for Japan’s Fuji Soft to 9,600 yen ($63.35) per share, the Nikkei newspaper reported on Wednesday, trumping a recently increased tender offer bid from rival KKR.
Google parent Alphabet jumps on quantum chip breakthrough

Google parent Alphabet jumps on quantum chip breakthrough

11 Dec 2024
Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.
Teamviewer acquires London-based 1E in $720-million deal

Teamviewer acquires London-based 1E in $720-million deal

10 Dec 2024
Teamviewer has signed a deal to acquire the London-based IT firm 1E for an enterprise value of $720 million, the German software company said on Tuesday.
C3.ai lifts annual forecast on strong demand for enterprise AI software
10 Dec 2024

C3.ai lifts annual forecast on strong demand for enterprise AI software

C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company’s enterprise artificial intelligence software as companies look for tools to help streamline their workflow.
US AI task force co-chair asks FERC to support co-located data centers - letter

US AI task force co-chair asks FERC to support co-located data centers - letter

09 Dec 2024
A co-chair of the U.S. Congressional artificial intelligence task force urged federal energy regulators this week to support the development of data centers directly connected to power plants, citing national security and competition for global AI dominance.
Germany's CompuGroup in talks about potential offer by CVC

Germany's CompuGroup in talks about potential offer by CVC

09 Dec 2024
CompuGroup Medical, a German provider of healthcare software, said on Sunday it is in advanced talks to be acquired by CVC Capital Partners for a potential 22 euros ($23.24) per share.
Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand

Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand

06 Dec 2024
Hewlett Packard Enterprise beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it benefits from strong demand for its servers used to power artificial intelligence applications.
Amazon successfully tests using delivery drones in Italy

Amazon successfully tests using delivery drones in Italy

06 Dec 2024
Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service.
Exclusive-TSMC in talks with Nvidia for AI chip production in Arizona, sources say​
05 Dec 2024

Exclusive-TSMC in talks with Nvidia for AI chip production in Arizona, sources say​

Taiwan Semiconductor Manufacturing Co is in discussions with Nvidia Corp to produce its Blackwell artificial intelligence chips at the contract manufacturer’s new plant in Arizona, three sources familiar with the matter said. 
Citigroup rolls out artificial intelligence tools for employees in eight countries

Citigroup rolls out artificial intelligence tools for employees in eight countries

05 Dec 2024
Citigroup began rolling out on Wednesday new artificial intelligence tools to be used by employees in eight countries, senior executives said.
Salesforce jumps as latest AI tools set to accelerate demand

Salesforce jumps as latest AI tools set to accelerate demand

04 Dec 2024
Salesforce shares jumped 12.5% in premarket trading on Wednesday, after the customer relationship management software maker topped quarterly sales estimates and provided an upbeat forecast for its newly launched AI integrated products. 
Amazon announces new slate of AI models

Amazon announces new slate of AI models

04 Dec 2024
Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.
Super Micro to hire new CFO, says independent review finds no evidence of fraud

Super Micro to hire new CFO, says independent review finds no evidence of fraud

03 Dec 2024
Super Micro Computer has begun the search for a new finance chief based on recommendations made by a special committee formed to look into the AI server maker’s accounting practices, the company said on Monday.

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