Nokia Mobile Networks Assets Said to Draw Samsung Interest

Nokia Oyj’s mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics Co. amid increasing pressure to find…

Oil Holds Losses as Slipping Equities Vie With Stockpiles, Libya

Oil steadied after a two-day drop, with stock market losses offsetting a drawdown in US stockpiles and supply disruptions in…

Apple to hold fall event on Sept. 9, new iPhones expected

Apple will host its fall event on Sept. 9 at its headquarters in Cupertino, California, according to an invite on…

Elon Musk shows off Cortex AI supercluster — first look at Tesla’s 50,000 Nvidia H100s

Elon Musk’s supercomputing exploits continue to press forward this week, as the technocrat shared a video of his newly renamed…

Alibaba’s Connect Membership May Be a Boon for Overseas Stocks

Alibaba Group Holding Ltd.’s impending inclusion in the Stock Connect may unleash as much as $3.2 billion of cash across…

SpaceX will soon send the Polaris Dawn crew off to attempt the first commercial spacewalk

Polaris Dawn, a private space mission that aims to complete the first-ever civilian spacewalk, is expected to launch this week.…

IBM to close China R&D department, affecting over 1,000 jobs

IBM (IBM) will completely shutter its China R&D, with resulting layoffs affecting over 1,000 jobs, Chinese media outlet Yicai reported…

Dutch watchdog fines Uber $324 million for alleged inadequate protection of drivers’ data

The Dutch data protection watchdog slapped a 290 million euro ($324 million) fine Monday on ride-hailing service Uber for allegedly…

Wrongful death suit against Disney serves as a warning to consumers when clicking ‘I agree’

A wrongful death lawsuit against Walt Disney (DIS) Parks and Resorts is serving as a reminder to consumers of the…

Lenovo Profit Beats as AI Demand Drives Gradual PC Recovery

Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending.…