Breaking News: Technology

ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban

TikTok and its China-based parent company ByteDance combined to spend over $7 million so far this year to try and…

Philippines orders removal of Binance from Google and Apple app stores

The Philippines’ Securities and Exchange Commission has ordered Google and Apple to remove cryptocurrency exchange Binance from their app stores.…

Oracle met with Senate aides about TikTok data storage after House ban passed

Oracle’s top lobbyist in Washington met privately with Senate aides about the company’s data housing agreement with TikTok this spring,…

If you’re investing in the AI theme for the long haul, here’s how to pick the winners

Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors…

TikTok doubles ad buy to fight potential U.S. ban as Congress moves to fast-track legislation

TikTok more than doubled its ad spend to over $4.5 million in a campaign to combat a potential U.S. ban…

Why semiconductors could be the most efficient artificial intelligence play

Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck’s CEO. “Semiconductors…

U.S. tech CEOs give India PM Modi boost ahead of election

The ironclad relationship that India Prime Minister Narendra Modi has developed with CEOs of the largest U.S. tech companies is…

Global police agencies take down massive scam website that defrauded thousands of victims

A huge fraud website used by thousands of criminals to trick people into handing over personal information such as email…

TSMC beats first-quarter revenue and profit expectations on strong AI chip demand

Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued strong demand…

Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit

British stock trading app Freetrade hit eked out breakeven earlier this year, the company told CNBC, marking its first-ever move…