The semiconductor industry experienced a significant surge in stock prices this past Monday, largely attributable to the positive performance reported by Foxconn, also known as Hon Hai Precision Industry. The company announced its fourth-quarter revenue had reached an impressive 2.1 trillion New Taiwan dollars (approximately $63.9 billion), marking a 15% increase compared to the previous
Enterprise
The cybersecurity sector has always been a rapidly evolving area of concern for organizations worldwide. In an industry that requires not only technical prowess but visionary leadership, Amit Yoran stood out as a beacon of innovation and integrity. As the CEO of Tenable from 2016 until his untimely passing at the age of 54, Yoran
In a striking declaration, Microsoft has announced plans to invest a staggering $80 billion in creating data centers specifically designed to support artificial intelligence (AI) workloads during its fiscal year 2025, which concludes in June. This investment underscores the tech giant’s commitment to maintaining a competitive edge in the rapidly evolving AI landscape. According to
Recent data reveals that foreign mobile phone brands have encountered substantial setbacks in the Chinese market, with a notable decline in sales in November. As reported by the China Academy of Information and Communications Technology (CAICT), shipments of foreign phones plummeted to 3.04 million units, reflecting a staggering 47.4% decrease compared to November 2022, and
In an unexpected yet strategic maneuver, Meta, the parent company of Facebook, has announced a significant change at the helm of its Global Affairs division. Effective in the near future, Nick Clegg, the current president of Global Affairs, is stepping down to make way for Joel Kaplan, the existing vice president of policy. This decision
In the rapidly evolving world of artificial intelligence (AI), Chinese technology behemoth Alibaba has made headlines with a bold announcement: its decision to slash prices on its large language models (LLMs) by as much as 85%. This strategic pivot, unveiled through the company’s cloud computing segment, Alibaba Cloud, signals not only a bid to entice
As technology continues to evolve at an unprecedented pace, the landscape for tech giants is rapidly changing. For Google, the year 2025 heralds not only potential innovations but also immense challenges. At a recent strategy meeting, CEO Sundar Pichai underscored the critical nature of the upcoming year, stating that “the stakes are high.” Internalizing this
In a bold move to stay viable in an increasingly fierce marketplace, OpenAI announced on Friday its plans to transition into a public benefit corporation (PBC) by 2025. This change signals a significant pivot from its current nonprofit structure, which has constrained its ability to attract substantial capital necessary for growth. The board of OpenAI
The impending second term of President-elect Donald Trump marks a notable transformation in the relationship between his administration and the tech industry. With a series of high-profile appointments, Trump is deliberately weaving key figures from Silicon Valley into the fabric of government. This pivot is set against a backdrop of a tech sector that, historically,
In a significant move highlighting ongoing tensions in international trade, the Biden administration has initiated an extensive investigation into China’s legacy semiconductor industry. This inquiry, designated as a Section 301 investigation, examines the implications of China’s practices in semiconductor production, which are believed to have far-reaching effects not only on competitiveness within the industry but