Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
Media365- July 5, 2025
The Chinese city of Zhengzhou is home to the world’s largest iPhone manufacturing facility, operated by Foxconn [File] | Photo Credit: REUTERS Taiwan’s Foxconn, the world’s largest contract electronics maker,…
Trump says U.S. will start talks with China on TikTok deal this week
- Media365
- July 5, 2025
Last month, Trump extended to September 17 a deadline for China-based ByteDance to divest the U.S. assets of TikTok [File] | Photo Credit: REUTERS U.S. President Donald Trump said on…
Google’s AI Overviews hit by EU antitrust complaint from independent publishers
- Media365
- July 5, 2025
Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also asked for an interim measure to prevent…
Microsoft closes its Pakistan office after 25 years
- Media365
- July 5, 2025
Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce [File] | Photo Credit: AP Tech giant Microsoft has announced…
Nvidia set to become world’s most valuable company in history
- Media365
- July 4, 2025
In November of last year, Nvidia took over the spot on the Dow Jones Industrial Average formerly occupied by chipmaker Intel [File] | Photo Credit: REUTERS Nvidia was on track…
Ilya Sutskever to lead Safe Superintelligence after Meta poaches CEO Gross in AI talent war
- Media365
- July 4, 2025
Gross has joined Meta Platforms to lead its AI products division, sources told Reuters [File] | Photo Credit: REUTERS Ilya Sutskever has taken over the reins of Safe Superintelligence (SSI),…
The curious case of Soham Parekh and the role of founders on multiple boards
- Media365
- July 3, 2025
A digital tempest recently swept through Silicon Valley, ignited by a public warning from Suhail Doshi, founder of Playground AI. His post on X (formerly Twitter) about a developer named…
Xiaomi to consider selling cars outside China from 2027, CEO says
- Media365
- July 3, 2025
A Xiaomi SU7 Ultra electric vehicle (EV) [File] | Photo Credit: REUTERS China’s Xiaomi will only consider selling cars outside China from 2027, Lei Jun, CEO of the smartphone turned…
Meta says will appeal ‘unlawful’ EU fine
- Media365
- July 3, 2025
It also warned Meta faced potential daily penalties under the landmark Digital Markets Act (DMA) unless it complied with the law within 60 days [File] | Photo Credit: REUTERS Facebook…