
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco
Mar 26, 2026 02:33 am UTC| Business Technology
Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion
Mar 25, 2026 03:12 am UTC| Business Technology
South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push
Mar 25, 2026 02:36 am UTC| Business Technology
Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion
Mar 25, 2026 01:11 am UTC| Business Technology
Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...

OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership
Mar 25, 2026 01:06 am UTC| Business Technology
OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...

Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield
Mar 25, 2026 01:02 am UTC| Business Technology
Tech-forward defense companies Anduril Industries and Palantir Technologies are reportedly joining forces to develop critical software for the United States most ambitious missile defense initiative to date the Golden...

AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict
Mar 24, 2026 05:08 am UTC| Business Technology
Amazon Web Services has confirmed that its cloud computing infrastructure in Bahrain is experiencing significant service disruptions linked to ongoing drone activity in the region, as tensions continue to escalate across...