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Arm and Qualcomm Battle in Court Over Chip Design Rights

The future of Qualcomm's push into the laptop business is at stake in a Delaware court as Arm and Qualcomm clash over intellectual property rights related to Arm's computing architecture, reports Reuters. The trial focuses on the ownership of designs based on Arm's architecture,

Meta Settles Australian Cambridge Analytica Lawsuit for Record $31.85 Million

Meta Platforms, the parent company of Facebook, has agreed to pay a record A$50 million ($31.85 million) settlement to Australia's privacy watchdog, bringing to a close lengthy and costly legal proceedings related to the Cambridge Analytica scandal, reports Reuters. The Office of the Australian Information Commissioner

Synopsys and SiMa.ai Partner to Accelerate Development of AI Chips for Cars

Synopsys, a leading manufacturer of chip design software, and SiMa.ai, a startup specializing in energy-efficient AI hardware and software for automotive applications, have announced a partnership aimed at speeding up the development of new AI chips for automakers and their suppliers, reports Reuters. The collaboration will leverage Synopsys'

Salesforce Hits Milestone with AI Agents, Sees Robot Future

Salesforce has closed over 1,000 paid deals for its "Agentforce" platform, which uses artificial intelligence to create virtual representatives, CEO Marc Benioff announced on Tuesday, reports Reuters. At a company event in San Francisco, Salesforce showcased advancements in its platform, enabling businesses to build bots for various

Open Source Projects Drowning in AI-Generated "Slop" Bug Reports

Software vulnerability submissions generated by AI models are causing major headaches for open-source project maintainers, creating a deluge of low-quality reports that are diverting time and resources from actual security improvements. This issue, highlighted by The Register, is prompting calls for changes in how bug hunting is conducted within the

Space One Rocket Aborts Flight During Second Launch Attempt

Japanese startup Space One has experienced a setback in its quest to become Japan's first private company to orbit a satellite, with its latest rocket launch ending in an abort, reports Nikkei Asia. The failure marks the second such incident for the company this year. The 18-meter long

Nvidia's AI Chip Momentum May Be Cooling, Microsoft CEO Hints

Nvidia's stock is facing growing headwinds as Microsoft CEO Satya Nadella suggested that the frenzied demand for AI chips may be easing, reports Business Insider. The comments, made in an interview with Bill Gurley and Brad Gerstner of the B2 podcast, have intensified a sell-off in Nvidia shares,

Alibaba Takes US$1.3 Billion Loss in Retreat from Offline Retail

Alibaba is exiting offline retail, taking a substantial loss on its sale of Intime, one of China's leading department store operators, reports the South China Morning Post. The e-commerce giant is selling its entire stake in the retail chain to a consortium comprising Youngor Group and Intime'

Meta Fined €251 Million by Ireland Over 2018 Cyberattack

Meta Platforms Inc. has been fined €251 million ($263 million) by Ireland's Data Protection Commission (DPC) for a 2018 data breach that compromised the data of millions of users, as reported by SiliconANGLE. The DPC, responsible for overseeing Meta's privacy practices in the European Union, levied

Kioxia Goes Public in Tokyo, Raising Funds for AI Push

Japan's Kioxia Holdings made its debut on the Tokyo Stock Exchange on Wednesday, marking a significant milestone for the company and its investor consortium, reports Nikkei Asia. The flash memory manufacturer, formerly part of Toshiba, commenced trading at 1,440 yen, slightly below its initial public offering (IPO)