Supreme Court Upholds TikTok Ban, But Future Remains Uncertain

The Supreme Court on Friday unanimously upheld a law requiring TikTok's China-based parent company to divest from the app, paving the way for a ban set to take effect on Sunday, The Hill reports. The justices sided with the Biden administration, finding that the divest-or-ban law does not
Supreme Court Upholds TikTok Ban, But Future Remains Uncertain

Nvidia CEO Huang Skips Trump's Inauguration for Asia Trip

Nvidia CEO Jensen Huang will not attend President-elect Donald Trump's inauguration, instead choosing to celebrate Lunar New Year with employees and their families, Reuters reports. Huang, speaking to reporters outside Nvidia's New Year's party in Taipei, stated that he has not yet spoken with

EU Privacy Complaint Hits TikTok, Five Other Chinese Firms

The Austrian advocacy group Noyb has filed privacy complaints against TikTok, Shein, Xiaomi, and three other Chinese companies, alleging they unlawfully transfer European Union user data to China, Reuters reports. This marks the group's first complaints against Chinese firms. Noyb, known for its previous complaints against American tech

Netflix's Sports Push Fuels Holiday Quarter Subscriber Boom

Netflix is expected to report a significant surge in subscribers for the fourth quarter of 2024, driven by its strategic investment in live sports content, as reported by Reuters. The streaming giant's bet on major sporting events like the "Jake Paul vs. Mike Tyson" boxing match

Big Tech CEOs to Attend Trump Inauguration

Several prominent tech CEOs are planning to attend the inauguration of President-elect Donald Trump on Monday, Reuters reported on Wednesday, citing sources familiar with the event's planning. Among those expected to be in attendance are Alphabet CEO Sundar Pichai and Apple CEO Tim Cook (Bloomberg News reported Cook&

Apple's China Grip Slips as Huawei Makes a Strong Comeback

Apple's iPhone shipments in China fell by 25% in the fourth quarter of 2024, as reported by Reuters, citing data from research firm Canalys. This substantial drop comes as the US tech giant grapples with growing competition from a resurgent Huawei in the world's largest smartphone

TikTok to Shut Down US Operations on Sunday

TikTok is preparing to cease US operations this Sunday, Reuters reported on Wednesday, unless a last-minute intervention from President-elect Donald Trump prevents the ban from taking effect. The impending shutdown, mandated by a federal law signed in April, follows a Supreme Court hearing last week where justices appeared poised to

Microsoft Creates New AI Engineering Division, Taps Facebook Veteran Parikh

Microsoft has appointed Jay Parikh, a former Facebook infrastructure expert, as executive vice president of its new AI engineering division, reports Bloomberg. Parikh, who joined Microsoft last fall, will report to CEO Satya Nadella and oversee several key AI-related groups. Parikh's new role involves leading teams responsible for

Chipmakers Cut Investment Plans as AI Drives Growth

The global semiconductor industry is facing a slowdown in investment as demand weakens in key markets like smartphones and electric vehicles, Nikkei Asia reports. While AI applications continue to drive growth, overall capital expenditure is expected to fall. The 10 largest global chipmakers have reduced their collective capital spending plans

Arm Aims to Hike Prices, Develop Its Own Chips to Compete with Customers

Arm Holdings, the technology supplier to major chip companies, is pursuing an aggressive long-term strategy to significantly increase its royalty rates and even develop its own chips, Reuters reports, citing court documents and testimony from a recent trial. This move marks a shift for the British firm, which has traditionally