Korean Air finalizes acquisition of Asiana Airlines, forming one of Asia's largest airlines. The merger, valued at US$1.3 billion, aims to consolidate South Korea's aviation sector...
Apple Inc. is reportedly working with Broadcom Inc. to develop a specialized server semiconductor for AI applications, expected to be ready by 2026 and intended for internal use.
ServiceTitan priced its U.S. IPO at $71 per share, raising about $624.8 million and valuing the company at $6.30 billion. The company plans to use the proceeds to increase capitali...
Thousands of users experienced disruptions across Meta Platforms Inc.'s social media apps on Wednesday, including Instagram, WhatsApp, Facebook, Facebook Messenger, and Threads, ac...
Adobe Inc. reported a 11% increase in Q4 revenue to $5.61 billion, with net income rising 13% to $1.68 billion. The company also repurchased 4.6 million shares and set new FY24 rec...
The US plans to tighten export rules on AI chips to block China's access through third-party countries, targeting high-bandwidth memory chips essential for AI model training.
Australia's federal court orders Kraken's local operator, Bit Trade, to pay an $8 million fine for unlawfully issuing a credit facility to over 1,100 customers, marking the first p...
OpenAI apologizes for a global outage affecting ChatGPT, its API, and the Sora video generation model. The disruption coincided with ChatGPT's integration with Apple's Siri, raisin...
