Chinese tech giants, including Tencent (0700.HK), Alibaba (BABA), and ByteDance, are significantly increasing orders for Nvidia’s (NVDA) H20 AI chips, driven by booming demand for DeepSeek’s low-cost AI models, sources familiar with the matter revealed. Nvidia’s Market Dominance Strengthens The surge in orders highlights Nvidia’s continued dominance in the AI chip market, alleviating concerns that […]
Apple Shareholders Expected to Reject Proposal Against DEI Programs
Apple shareholders are set to reject a proposal urging the tech giant to abandon its diversity, equity, and inclusion (DEI) initiatives during its annual meeting on Tuesday. The proposal, introduced by the National Center for Public Policy Research, aligns with a broader movement among conservative groups pushing corporations to scale back DEI commitments. Despite mounting […]
Apple Removes Advanced Data Protection in the UK Amid Government Pressure
Apple has taken the unprecedented step of removing its highest-level data security feature, Advanced Data Protection (ADP), from UK customers following government demands for access to user data. What is Advanced Data Protection (ADP)? ADP is an opt-in feature that enables end-to-end encryption, ensuring that only account holders can access their data, including photos and […]
Coinbase Set to See SEC Lawsuit Dropped Amidst Pro-Crypto Shift in the US
Cryptocurrency exchange Coinbase has announced that the US Securities and Exchange Commission (SEC) plans to dismiss its lawsuit against the company. This significant development marks a potential turning point in US cryptocurrency regulation. SEC’s Allegations Against Coinbase In 2023, the SEC accused Coinbase of violating financial regulations by offering investment products that fell under its […]
Bybit Suffers Record-Breaking $1.5 Billion Crypto Theft: What You Need to Know
Cryptocurrency exchange Bybit has reported a massive security breach, with hackers stealing $1.5 billion (£1.1 billion) worth of Ethereum (ETH) in what could be the largest crypto heist in history. Bybit Assures Users Their Funds Are Safe The Dubai-based company’s founder, Ben Zhou, reassured users that their assets remain secure and that affected funds will […]
U.S. Department of Justice Drops SpaceX Immigration Case
The U.S. Department of Justice (DOJ) announced on Thursday that it would drop a high-profile case accusing Elon Musk’s SpaceX of unlawfully refusing to hire certain immigrants. This decision comes after months of legal proceedings and signals a potential shift in the Justice Department’s approach to the case, initially filed during President Joe Biden’s administration. […]
Major NHS Service Provider in Kent and Surrey Targeted by Cyber-Attack
A significant private provider of NHS services in Kent and Surrey has fallen victim to a cyber-attack, raising concerns over data security. HCRG Care Group, previously known as Virgin Care, has launched an investigation following claims from a ransomware group that over two terabytes of sensitive data were compromised. The BBC first became aware of […]
Apple Unveils the iPhone 16e: Affordable AI-Powered Innovation
Apple has introduced the iPhone 16e, a more budget-friendly smartphone that incorporates advanced artificial intelligence (AI) capabilities, aiming to attract a wider audience without the premium price tag of its flagship models. Key Features and Pricing The iPhone 16e is equipped with the same A18 processor as the higher-end iPhone 16, ensuring strong performance. It […]