Technology

Analysis: U.S. ban on Nvidia, AMD chips seen boosting Chinese rivals

The U.S. ban on exports to China of Nvidia and AMD's flagship artificial intelligence chips will create new business opportunities…

3 years ago

Ubisoft shares tumble as Tencent deal seen dampening buyout prospects

Shares in Ubisoft Entertainment (UBIP.PA) tumbled on Wednesday after it announced a deal that sees China's Tencent Holdings (0700.HK) raise its stake in the…

3 years ago

Meta, Qualcomm sign pact on custom virtual reality chips

Meta Platforms Inc (META.O) signed an agreement to have chip-maker Qualcomm Inc (QCOM.O) produce custom chipsets for its Quest virtual reality (VR) devices, the…

3 years ago

U.S. officials order Nvidia to halt sales of top AI chips to China

Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told it to stop exporting two top computing chips for artificial…

3 years ago

EXCLUSIVE EU will not appeal court ruling against $991 mln Qualcomm fine – sources

EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm (QCOM.O) because it…

3 years ago

Sony to buy mobile game developer in push beyond consoles

Sony Group Corp (6758.T) on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

U.S wireless carrier T-Mobile US Inc (TMUS.O) will use Elon Musk-owned SpaceX's Starlink satellites to provide mobile users with network access in…

3 years ago

India’s digital lending rules spark disruption, firms plan pushback

India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting…

3 years ago

Singapore’s Grab says ‘laser-focused’ on profitability after bumper quarter

Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it…

3 years ago