News

European Telcos Set to Win Fight With Big Tech, Could Set Global Agenda

European telecoms providers are set to win their decade-long fight to make Big Tech pay for network costs, thanks to sympathetic EU regulators and the bloc’s efforts to rein in U.S. tech giants, according to industry and regulatory sources, in the EU’s strongest move yet to set a global standard. Deutsche Telekom, Orange, Telefonica, Telecom […]

Intel's Mobileye Files for Listing in First Sign of Thawing Tech IPO Market

Intel Corp’s self-driving unit Mobileye on Friday unveiled its filing for a U.S. initial public offering, testing support for a high profile stock debut even as the market for new issues has virtually collapsed. The tech IPO market globally is in the middle of its worst drought in nearly two decades. U.S. listings have raised […]

Crypto Exchange FTX to Acquire Bankrupt Voyager's Assets

Voyager Digital said on Monday crypto exchange FTX, whose bailout proposal the bankrupt lender had rejected earlier this year, has won its assets in a $1.42-billion bid at an auction. The FTX bid comprises a fair market value of all Voyager cryptocurrency, at a to-be-determined date, which is pegged at about $1.31 billion at current […]

Siemens Automates Design Process for Testing New Chips with Advanced Packaging

Siemens Digital Industries Software, a unit of Siemens AG, on Monday said it launched new software called Tessent Multi-die that automates a design process for testing chips made with advanced packaging. While chips have traditionally been packaged with one silicon tile inside, as the industry faces challenges making features on these tiles smaller and smaller […]

NASA's DART Spacecraft Hits Target Asteroid in First Planetary Defense Test

NASA’s DART spacecraft successfully slammed into a distant asteroid at hypersonic speed on Monday in the world’s first test of a planetary defense system, designed to prevent a potential doomsday meteorite collision with Earth. Humanity’s first attempt to alter the motion of an asteroid or any celestial body played out in a NASA webcast from […]

Saudi NEOM's Tech Unit Rebrands, Invests $1 Billion in 2022 -CEO

NEOM Tech & Digital, a subsidiary of the $500 billion signature NEOM project of the Saudi crown prince, has invested $1 billion in 2022 in AI, including a metaverse platform, its chief executive said on Tuesday. Joseph Bradley said the company is also changing its name to Tonomus as NEOM works to integrate AI techs […]

Soccer-World Cup Players to Get FIFA Data Analysis App

When the World Cup kicks off in Qatar on Nov. 20 fans can expect a flurry of stats and match footage on social media and FIFA is hoping that includes data and content from a new player app. FIFA said on Friday that all players at the finals will be able to browse their performance […]

SoftBank Looks to Form a 'Strategic Alliance' Between Arm and Samsung

SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]

Canada, South Korea Seek deeper Cooperation on Critical Minerals

Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles (EVs) batteries as both countries seek to cut emissions to fight climate change. Yoon visited London for the funeral of Queen Elizabeth, and then New York in his first U.S. trip […]