Workday Beats Earnings Estimates on Strong Demand for Subscription Services

Workday, a leading provider of workforce management solutions, exceeded Wall Street's expectations for fourth-quarter revenue, driven by robust demand for its subscription services. The company's shares surged over 9% in after-hours trading following the announcement. As reported by Reuters, Workday's subscription revenue jumped 16%

Nvidia's H20 Chip Orders Surge as Chinese Firms Embrace DeepSeek AI Models

Chinese companies are significantly increasing their orders of Nvidia's H20 artificial intelligence chip, driven by the growing adoption of DeepSeek's cost-effective AI models, Reuters reports. This surge in demand, first reported by Reuters, underscores Nvidia's dominance in the Chinese AI market and could alleviate

US Edtech Company Claims Google's AI Overviews 'Hollowing Out' the Internet

Chegg, a US-based educational technology company, has filed an antitrust lawsuit against Google, alleging that its AI-generated overviews are siphoning traffic and undermining publishers' financial incentives, Reuters reports. The lawsuit, filed in Washington, D.C., contends that Google's AI is co-opting publishers' content to keep users

US Lawmakers Demand Clarity from EU on Tech Rules

US House Judiciary Chair Jim Jordan has demanded clarification from EU antitrust chief Teresa Ribera on the implementation of the European Union's Digital Markets Act (DMA), Reuters reports. Jordan's request follows a memorandum issued by US President Donald Trump expressing concern over the DMA and Digital

Telegram Hit with A$1 Million Fine for Delaying Child Abuse, Terrorism Queries

Australia's online safety regulator has fined Telegram approximately A$1 million ($640,000) for delaying its responses to questions regarding child abuse and terrorism prevention measures, Reuters reports. The eSafety Commission issued requests for information to several social media platforms, including YouTube, X, Facebook, Telegram, and Reddit, in

China Leverages Tech Talent to Boost AI Data Center Boom

China is increasingly combining state-owned data centers with private sector expertise to accelerate the development of its AI infrastructure, as reported by the Financial Times. Local governments are partnering with tech companies to improve the efficiency of AI data centers, a crucial element of China's ambitious goal of

Tech Weekly: Microsoft Claims Quantum Lead

Last week, Microsoft claimed a breakthrough in its long-running pursuit of quantum computing, announcing the creation of a new type of quantum bit, or qubit, based on a newly-created state of matter. This development, while met with some skepticism from the scientific community, could potentially accelerate the global race to
Tech Weekly: Microsoft Claims Quantum Lead

EU to Charge Google with Breach of Big Tech Rules

Alphabet's Google is expected to be charged with violating the European Union's Digital Markets Act (DMA), Reuters reports. The European Commission's move comes as the EU navigates tensions with the US over tech regulation, with US President Donald Trump backing American tech companies lobbying

Apple Caves to UK, Removes Advanced Data Protection From iCloud

Apple has removed its most advanced security encryption feature for iCloud data in the UK, Reuters reports, citing government demands for access to user data. This unprecedented move affects Advanced Data Protection (ADP), which extends end-to-end encryption across a wide range of iCloud data. The change, effective immediately for new

FTC Launches Inquiry into Tech Censorship Practices

The Federal Trade Commission (FTC) has launched an inquiry into the censorship practices of technology companies, The Wall Street Journal reports. This move aims to shed light on how these companies determine which content to block from user viewership and the potential consequences for consumers and competition. "Censorship by