Taipei, Taiwan – Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported a record-breaking 35% increase in fourth-quarter net profit, surpassing market expectations as global demand for semiconductors, particularly for artificial intelligence (AI) applications, continues to surge. The company, which counts major technology giants like Nvidia and Apple among its key customers, posted

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The Wikimedia Foundation, the non-profit operator of Wikipedia, has announced new partnerships with several major technology companies, including Microsoft, Meta, and Amazon, marking a significant step in the organization’s effort to monetize its content for artificial intelligence (AI) training. These agreements, revealed on Thursday, also include collaborations with AI startups such as Perplexity and France-based

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London, UK – British media regulator Ofcom has confirmed that its formal investigation into Elon Musk’s social media platform X will continue, following concerns over sexually explicit deepfake images generated by its Grok AI chatbot. The regulator emphasized that while recent policy changes by Musk’s AI company, xAI, are welcome, they do not halt the

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Taipei, Taiwan – Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading producer of advanced AI and semiconductor chips, has reported a record-breaking 35% increase in fourth-quarter profit, exceeding market expectations and signaling robust growth for 2026. The company also announced plans for additional U.S. manufacturing facilities, reinforcing its role at the forefront of the global

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LONDON – Economic confrontation between nations has overtaken armed conflict as the top global risk in the World Economic Forum (WEF) 2026 annual risk perception survey, highlighting how trade disputes, resource controls, and geopolitical rivalries are increasingly shaping the international agenda. The survey, which included responses from over 1,300 experts and leaders from academia, business,

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BEIJING – Chinese imports from Canada fell sharply in 2025, marking the first decline since 2020, as Prime Minister Mark Carney prepares for a high-stakes visit to Beijing. The drop underscores the economic leverage China wields over Canada and highlights the challenges Ottawa faces in managing bilateral relations. Chinese customs data released Wednesday showed that

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NEW YORK – Netflix (NFLX.O) is preparing an all-cash offer for Warner Bros Discovery’s (WBD.O) studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday. The move is intended to expedite the sale, which has faced both regulatory hurdles and opposition from politicians and rival bidder Paramount Skydance (PSKY.O). The news

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LONDON – Hedge funds continued to hold heavily crowded long positions in major U.S. tech stocks throughout 2025, according to a report published Wednesday by data and technology firm Hazeltree. Stocks at the center of these crowded trades included Alphabet (GOOGL.O), Microsoft (MSFT.O), and Meta (META.O), while short positions persisted in names such as IBM

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NEW YORK – U.S. stock index futures dipped on Wednesday as investors prepared for earnings reports from major banks, including Citigroup, Bank of America, and Wells Fargo, while upcoming retail sales and producer price data were expected to provide fresh insight into the health of the economy. In premarket trading, Bank of America (BAC.N) edged

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LONDON – The UK’s FTSE 100 climbed to a record high on Wednesday, driven by gains in mining and healthcare stocks, while education company Pearson (PSON.L) slumped after losing a major contract in New Jersey. The blue-chip FTSE 100 index rose 0.3% as of 1010 GMT, following a subdued session the previous day. In contrast,

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