Business

Umatilla Declares State of Emergency As Oregon Data Center Ban Threatens $6 Million in Revenue

Umatilla, Oregon, has declared a state of emergency after new state restrictions on data center development put around $6 million in anticipated municipal revenue...

SpaceX Lands $40 Billion Apollo Deal To Fund Its AI Chip Expansion

SpaceX has secured a binding commitment for around $40 billion in GPU and data centre equipment financing from an Apollo managed entity. Apollo...

Apple Hits $5 Trillion Market Cap As Shares Defy Tech Sector Losses

Apple closed Wednesday at $342.96 per share, reaching a market capitalisation of approximately $5.005 trillion for the first time. Nvidia remains the most...

DDR4 Prices Jump 24% as AI Demand Tightens the Memory Market

RAM prices are climbing at an uncomfortable pace, and there is little reason to expect an immediate return to normal. Fresh industry estimates suggest...

Amazon in Talks to Acquire AI Startup Decart in a $7 Billion Deal

Amazon could be preparing one of its biggest artificial intelligence investments yet, with the technology giant reportedly in talks to acquire AI startup Decart...

TSMC Eyes Sixth Consecutive Record Profit as AI Chip Demand Surges

Taiwan Semiconductor Manufacturing Company (TSMC) is expected to post another record quarterly profit as demand for artificial intelligence chips continues to drive growth across...

Starlink India: Elon Musk Promises Affordable Internet as Jio IPO Approaches

Elon Musk has promised to make Starlink's satellite internet service affordable in India, setting the stage for a potential clash with Reliance Jio just...

Nvidia China Chip Smuggling Exposes Gaps in US Export Controls

Nvidia's artificial intelligence chips are still finding their way into China despite strict US export restrictions, exposing just how difficult it is to control...

Apple’s Foldable iPhone Duo Reportedly Faces Production Problems Ahead of Launch

Apple’s first foldable iPhone is reportedly facing production problems ahead of its expected October launch. The final assembly yield was reportedly slightly above...

iPhone 17 Prices Rise After iPhone 18 Launch as Retail Stock Runs Low

The iPhone 17 discount cycle may be coming to an end. For several weeks, shoppers have been able to find Apple’s latest generation of iPhones...

Here Is What $1,000 Invested In Microsoft Two Decades Ago Is Worth Today

A $1,000 investment in Microsoft made 20 years ago would have turned into a surprisingly large sum by September 2026. Based on Microsoft’s share...