Wednesday, 4 December 2024
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Tag: Financial

Google denies offering millions to fuel Microsoft Cloud probes

Google denies offering millions to CISPE to sustain Microsoft cloud complaints, citing its focus on fair licensing and competition in the tech sector.

Intel CEO steps down as company faces financial struggles

Intel CEO Pat Gelsinger retires amid financial losses, layoffs, and production challenges, with the company’s future hanging on key investments.

Intel’s Battlemage GPUs set to launch soon

Intel’s budget-friendly Arc B580 and B570 GPUs are set to launch this December, promising value for gamers with affordable options.

Atome Financial secures US$200 million syndicated facility to boost financial inclusion in Southeast Asia

Atome Financial secures a US$200M syndicated facility led by HSBC to expand its innovative financial services and promote inclusion in Southeast Asia.

Xiaomi’s Q3 2024 revenue exceeds expectations, driven by strong growth across key sectors

Xiaomi's Q3 2024 revenue reaches a record high, with growth across smartphones, IoT, and EVs, and continued investment in cutting-edge technology.

Qualcomm reports strong Q4 and fiscal year 2024 results with US$10.1 billion in profit

Qualcomm reported strong 2024 results, with US$39 billion in revenue and US$10.1 billion in profit, driven by mobile platforms and new tech ventures.

Judge permits Musk’s US$1 million voter giveaways despite legal challenge

Judge allows Elon Musk's PAC to continue US$1 million giveaways despite claims of deceptive practices.

Chainlink advocates blockchain finance at its first Hong Kong event

Chainlink’s SmartCon 2024 brings blockchain-driven finance to Hong Kong, showcasing tech collaborations and addressing regulatory challenges.

Insurance giant Globe Life targeted in cyberattack, hackers demand ransom

Globe Life faces a cyberattack, with hackers demanding ransom for stolen customer data.

Intel reportedly declines ARM’s offer to purchase product division

Intel turned down ARM’s offer to buy its product division as financial struggles continue, rivals circle, and investment options remain on the table.

OpenAI is set to raise the ChatGPT price to US$44 in five years

OpenAI will raise ChatGPT's monthly price to US$44 over the next five years to boost revenue and cover rising costs.

TSMC dismisses Sam Altman’s US$7 trillion chip manufacturing proposal

TSMC rejects OpenAI CEO Sam Altman’s US$7 trillion plan to build chipmaking plants, raising concerns over its feasibility and financial risks.