BYD is making a direct bet on one of the biggest barriers to electric vehicle adoption: charging time. As the global EV market becomes more competitive, speed may prove just as important as battery range or price. The company believes ultra-fast charging could dramatically change how consumers view electric transportation. Traditional concerns surrounding long charging stops have historically pushed many…

SoftBank Group has delivered one of its strongest financial performances in recent years, driven largely by rising valuations tied to artificial intelligence investments. The company's quarterly profit surged past expectations as gains connected to its position in OpenAI continued expanding. What initially looked like an aggressive long-term wager increasingly appears to be turning into a major source of financial momentum.…

NVIDIA approaches its May 20 earnings call with Wall Street firmly in its corner. The chipmaker's CEO Jensen Huang has outlined demand exceeding $1 trillion for its Blackwell and next-generation Rubin systems through 2027 — a figure that excludes standalone CPU and storage opportunities. The company's investment portfolio tells its own story. NVIDIA has committed more than $40 billion in…

The recent drop in Bitcoin below $80,000 is less about structural weakness and more about positioning imbalance in a heavily leveraged market. After rallying above $82K, Bitcoin faced strong resistance and quickly reversed as traders locked in profits. A key driver behind the move was macro uncertainty, particularly geopolitical tension involving the US and Iran. Such events typically reduce risk…

Thousands of workers across multiple countries woke up to termination emails as one of the world’s largest enterprise software companies accelerated its push into artificial intelligence infrastructure. The layoffs, estimated at up to 30,000 employees, arrived without warning and immediately revoked access to company systems. Engineers, managers, sales teams, and cloud operations staff were among those affected. The cuts came…

Meta and Google both delivered strong advertising revenue growth in Q1 2026, highlighting the continued dominance of digital ads in the global economy. Google saw ad revenue rise 15% to $77.25 billion, while Meta posted a sharper 33% jump to $55 billion, fueled by strong engagement across Facebook and Instagram. However, investors are increasingly focused on the cost side of…

A new wave of smart home innovation is unfolding across Asia, with one of the world’s largest electronics manufacturers doubling down on regional growth. At a major showcase event in Busan, South Korea, the company unveiled a wide range of products tailored specifically for Asian households — from compact laundry systems to AI-powered home ecosystems. The strategy reflects a deeper…

The streaming company reported 16% growth in first-quarter revenue compared with the same period last year and expects to earn over $50 billion in 2026, helped by rising subscription numbers, price increases, and a sharp increase in advertising income. Its lower-cost ad-supported plan has become a major contributor to this momentum. According to Netflix, the plan made up 60% of…

Apple has confirmed a historic leadership shift: Tim Cook will step down as CEO, with John Ternus set to take over the role starting September 1, 2026. The decision follows what the company described as a long-term succession plan approved unanimously by its board. Cook, who has led Apple since 2011, will remain involved as executive chairman, ensuring continuity during…

Amazon has confirmed its acquisition of Globalstar, marking a significant expansion of its satellite ambitions. The deal will integrate Globalstar’s low Earth orbit (LEO) satellites into Amazon’s growing Project Kuiper ecosystem. A key outcome of the acquisition is the acceleration of direct-to-device (D2D) capabilities, enabling standard smartphones to connect directly to satellites for messaging, calls, and data services. The move…

XChat has officially appeared on the App Store, signaling a full rollout of X’s new dedicated messaging platform. The app, developed by X (formerly Twitter), is expected to launch globally for iPhone and iPad users on April 17, 2026. XChat introduces end-to-end encryption as a core feature, positioning itself alongside privacy-focused competitors like WhatsApp and Signal. The app also includes…

Publicis Groupe has made a calculated move: align closely with Microsoft instead of competing against it. This decision reflects a broader industry reality. Building proprietary AI platforms is expensive, slow, and increasingly difficult to scale. Meanwhile, hyperscalers like Microsoft are investing hundreds of billions into infrastructure, tools, and enterprise ecosystems. By leveraging Azure, Copilot, and Microsoft’s data platforms, Publicis avoids…

In 2025, Bitcoin continued to dominate headlines—but not always for the reasons investors expected. Despite reaching a record high above $120,000, the asset struggled to maintain momentum and ended the year with only modest performance. The CoinDesk Research report highlights a key shift: Bitcoin is increasingly behaving like a high-beta tech asset rather than a traditional hedge like gold. During…

A major legal decision in Italy is putting pressure on Netflix after a Rome court ruled that years of subscription price increases were незаконны. The ruling covers hikes implemented between 2017 and 2024, which judges found were not properly justified in customer contracts. According to the decision, companies must clearly explain the conditions under which pricing can change. In this…

The memory market is showing a divergence between retail and enterprise pricing. While DDR5 modules have become more accessible in certain regions, Samsung continues to secure higher contract prices from large-scale buyers. Reports indicate a 30% increase in contract pricing compared to the previous quarter, signaling strong demand from AI-driven data centers. These facilities rely heavily on high-bandwidth memory, which…