
Oct 28, 2025 04:40 am UTC| Business Technology Governance
Major social media companies, including Meta, TikTok, and Snap, have confirmed they will comply with Australias new law banning users under 16 from accessing their platforms. The law, set to take effect on December 10,...

Foxconn Approves NT$42 Billion Investment to Boost AI and Supercomputing Capabilities
Oct 28, 2025 03:15 am UTC| Technology Business
Taiwans Foxconn Technology Group, also known as Hon Hai Precision Industry Co. Ltd, has announced that its board of directors approved an investment plan worth up to NT$42 billion (approximately $1.37 billion) to enhance...

Amazon to Cut 30,000 Corporate Jobs Amid AI Expansion and Cost Reduction Efforts
Oct 28, 2025 03:07 am UTC| Business Technology
Amazon is preparing to lay off up to 30,000 corporate employees starting Tuesday, marking its largest round of job cuts since 2022. The reduction, which represents nearly 10% of Amazons 350,000 corporate workforce, comes...

Pony AI Launches Hong Kong IPO to Advance Level 4 Autonomous Driving Technology
Oct 28, 2025 03:04 am UTC| Business Technology
Chinese autonomous driving company Pony AI (NASDAQ: PONY) has officially launched its initial public offering (IPO) in Hong Kong, offering approximately 41.96 million Class A ordinary shares. The company announced that the...

U.S. Judge Decertifies Apple App Store Monopoly Class Action
Oct 28, 2025 02:02 am UTC| Business Technology Law
A federal judge has decertified a long-running class action lawsuit against Apple, marking a major win for the tech giant in a case that alleged it monopolized the iPhone app market. U.S. District Judge Yvonne Gonzalez...

SK Hynix Hits Record High as It Unveils AI-Focused NAND Memory Strategy
Oct 27, 2025 05:55 am UTC| Technology Business
SK Hynix Inc (KS:000660) shares surged nearly 4% to an all-time high of 537,000 won on Monday after the South Korean chipmaker announced its next-generation memory roadmap targeting the booming artificial intelligence...

Microsoft Faces ACCC Lawsuit Over Alleged Misleading Conduct on AI-Integrated Microsoft 365 Plans
Oct 26, 2025 23:34 pm UTC| Business Technology Law
Australias competition regulator, the Australian Competition and Consumer Commission (ACCC), has filed a lawsuit against Microsoft Australia and its parent company, Microsoft Corp, accusing them of misleading about 2.7...