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Cognizant to Acquire Tech Firm Astreya for $600 Million
TechnologyTimes of India2h ago

Cognizant to Acquire Tech Firm Astreya for $600 Million

Cognizant, a global IT services and consulting company, is set to acquire Astreya, a technology services firm, in a deal valued at $600 million. This acquisition aims to expand Cognizant's capabilities and market presence in the tech sector.

United Airlines Flight Reports Drone Strike Near San Diego
TechnologyBusiness Insiderhindustan-timeszerohedge5h ago3 sources

United Airlines Flight Reports Drone Strike Near San Diego

A United Airlines flight reportedly experienced a near-miss or was struck by a drone while approaching San Diego. Air traffic control audio has surfaced, detailing the pilot's report of the incident involving a "red, shiny" drone.

Major Tech and Retail Companies Miss Revenue Forecasts
TechnologyReutersYahoochannel-news-asia+1seeking-alpha6h ago4 sources

Major Tech and Retail Companies Miss Revenue Forecasts

Several prominent companies, including Robinhood, Cognizant, and UDR, have reported first-quarter revenues that missed analyst estimates, signaling cautious IT spending and slumping crypto trading. EBay, however, provided a second-quarter revenue forecast above expectations.

EU Criticizes Meta Over Child Safety on Social Platforms
TechnologyAPbloombergNYT+72FTle-mondeThe GuardianNPRdr-dknrkyle-uutisetcnbc+64 more8h ago75 sources

EU Criticizes Meta Over Child Safety on Social Platforms

The European Union has criticized Meta for failing to adequately protect children on its Facebook and Instagram platforms. Several countries, including Iceland, are working to implement related EU regulations to address these child safety concerns.

AI Data Center Demand Boosts Tech Company Forecasts
Technologycnbcchannel-news-asiaseeking-alpha9h ago3 sources

AI Data Center Demand Boosts Tech Company Forecasts

Companies like Amphenol and Bloom Energy are reporting upbeat financial forecasts and surging stock prices, driven by the increasing demand for AI data centers. This trend highlights the significant impact of artificial intelligence on the tech sector.

Pirelli Acquires Stake in Univrses for AI Tyre Tech
TechnologyReuterschannel-news-asia11h ago2 sources

Pirelli Acquires Stake in Univrses for AI Tyre Tech

Italy's Pirelli has acquired a 30% stake in Swedish company Univrses, aiming to boost its artificial intelligence technology for tyre development. This investment is part of Pirelli's strategy to enhance its innovative capabilities.

Nicosia Plans Extensive Smart Water Meter Rollout
Technologycyprus-mailin-cyprus12h ago2 sources

Nicosia Plans Extensive Smart Water Meter Rollout

The Nicosia district is set to replace tens of thousands of traditional water meters with smart devices. This initiative aims to install over 70,000 smart water meters across the district by 2027.

Robinhood Crypto Revenue Falls as Prediction Markets Gain Traction
TechnologyYahooadvisor-perspectives13h ago2 sources

Robinhood Crypto Revenue Falls as Prediction Markets Gain Traction

Robinhood's crypto revenue has seen a significant 47% decline, with prediction markets emerging to fill this financial gap. Meanwhile, established prediction market platforms like Kalshi and Polymarket are facing new competition in the rapidly evolving crypto exchange sector.

Formula E Reveals Plans for Gen4 Car
TechnologyYahoo13h ago

Formula E Reveals Plans for Gen4 Car

The all-electric Formula E championship is set to debut its fourth-generation car next season, which will be its most powerful machine yet, with details emerging on how it will maintain its key race assets.

Philippine Senate Grills DICT Over eGov Outage
TechnologyRappler14h ago

Philippine Senate Grills DICT Over eGov Outage

The Philippine Senate questioned the Department of Information and Communications Technology (DICT) regarding a recent eGov outage, attributing it to a user surge and under-resourced backend, with DICT citing unreleased 2025 funds.

YouTube Tests AI-Powered Search Features
Technologyindian-express14h ago

YouTube Tests AI-Powered Search Features

YouTube is reportedly testing new artificial intelligence-powered search capabilities that offer guided answers and integrate video results directly into the search experience.

Chinese Tech Firms Scramble for Huawei AI Chips
Technologycapital-bgin-cyprusseeking-alpha16h ago3 sources

Chinese Tech Firms Scramble for Huawei AI Chips

Major Chinese tech firms are reportedly scrambling to secure Huawei's AI chips following the launch of DeepSeek's V4. This rush highlights intense competition for advanced AI hardware in the Chinese market.

Volvo CEO Considers Building Chinese EVs in US
TechnologyBusiness Insider16h ago

Volvo CEO Considers Building Chinese EVs in US

Volvo CEO Håkan Samuelsson stated the company is open to manufacturing electric vehicles from its Chinese parent company, Geely, at its US plant, acknowledging significant competition pressure from Chinese rivals.

EU Lawmakers Fail to Agree on Watered-Down AI Rules
Technologyindian-expresschannel-news-asiain-cyprus+1Jakarta Post18h ago4 sources

EU Lawmakers Fail to Agree on Watered-Down AI Rules

European Union countries and lawmakers failed to reach an agreement on proposed artificial intelligence regulations. The negotiations were unable to secure a deal even on a "watered-down" version of the rules.

Legal experts debate personhood for autonomous AI agents like OpenClaw
TechnologySCMP1h ago

Legal experts debate personhood for autonomous AI agents like OpenClaw

The emergence of advanced AI agents, such as the late-2025 release OpenClaw, has prompted discussions on whether the law should treat these autonomous entities as legal persons. This development takes artificial intelligence technology a step further by enabling AI to translate answers into real-life actions.

Anthropic Reportedly Seeks Funding at Over $900 Billion Valuation
TechnologyReutersbloombergchannel-news-asia+1seeking-alpha3h ago4 sources

Anthropic Reportedly Seeks Funding at Over $900 Billion Valuation

AI startup Anthropic is reportedly exploring a new funding round that could value the company at more than $900 billion. This potential investment highlights the intense interest and high valuations in the artificial intelligence sector.

Fact Check Debunks AI-Generated Video of Meloni Ignoring Netanyahu
Technologyexpress-tribune13h ago

Fact Check Debunks AI-Generated Video of Meloni Ignoring Netanyahu

A viral video purporting to show Italian Prime Minister Giorgia Meloni ignoring Benjamin Netanyahu at a UNGA session has been debunked as AI-generated. Analysis revealed several discrepancies and signs of digital manipulation, with AI detection tools also flagging it as suspicious.

China Blocks Meta's $2 Billion Acquisition of Manus AI
Technologyfazindian-expressstraits-times+1channel-news-asia17h ago4 sources

China Blocks Meta's $2 Billion Acquisition of Manus AI

China has blocked Meta's proposed $2 billion acquisition of AI startup Manus AI, leading to the deal being called off. This move is seen as a significant development in the ongoing US-China tech rivalry and has prompted a Chinese billionaire to overhaul the AI start-up.

Alphabet, Amazon, Microsoft Post Strong Earnings on AI Growth
TechnologyAPReutersBBC+23bloombergNYTwsjFTyle-uutisetcnbcberlingskele-figaro+15 more30m ago26 sources

Alphabet, Amazon, Microsoft Post Strong Earnings on AI Growth

Major tech companies Alphabet, Amazon, and Microsoft reported robust quarterly earnings, with strong performance in cloud services and AI demand driving revenue growth. This led to positive stock reactions for some, highlighting a successful 'Big Tech earnings night'.

AI Demand Boosts Revenue Forecasts for KLA Corp and Cambricon
TechnologyReutersbloombergchannel-news-asia5h ago3 sources

AI Demand Boosts Revenue Forecasts for KLA Corp and Cambricon

KLA Corp has projected strong quarterly revenue, attributing the growth to increasing demand linked to artificial intelligence, specifically forecasting revenue above estimates. Concurrently, Chinese AI chip manufacturer Cambricon also reported a significant jump in its revenue, driven by robust AI chip demand within China.

Canadian Mass Shooting Victims' Families Sue OpenAI, CEO
TechnologyAPReutersBBC+30bloombergNYTFTle-mondeThe GuardianNPRdr-dkcbc+22 more9h ago33 sources

Canadian Mass Shooting Victims' Families Sue OpenAI, CEO

Families of victims from a mass shooting in Tumbler Ridge, Canada, have filed a lawsuit against OpenAI and CEO Sam Altman in a US court. They allege that OpenAI had identified the perpetrator prior to the attack.

Seagate Stock Surges on Raised Revenue Target Amid AI Boom
TechnologyYahooseeking-alpha12h ago2 sources

Seagate Stock Surges on Raised Revenue Target Amid AI Boom

Seagate Technology shares surged by 17% after the company raised its annual revenue growth target, attributing the positive outlook to the booming AI sector. Analysts are issuing bullish price targets, reflecting optimism about Seagate's performance.

Doha Historical Dictionary Added to Major University Libraries
Technologydoha-news16h ago

Doha Historical Dictionary Added to Major University Libraries

The Doha Historical Dictionary of the Arabic Language, a significant project by the Arab Center for Research and Policy Studies, has been integrated into the digital libraries of Cornell University and another leading institution. This expands access to the extensive linguistic resource.

Amazon Rolls Out New AI Tool for Mass Hiring
Technologypublicoindian-expressstraits-times18h ago3 sources

Amazon Rolls Out New AI Tool for Mass Hiring

Amazon has introduced a new artificial intelligence tool designed to accelerate mass hiring processes by conducting job interviews. This AI-powered system aims to streamline recruitment for the company.

Australia Considers Tax on Tech Giants to Fund Journalism
TechnologyNPRTimes of Indiahindustan-times+1ndtv18h ago4 sources

Australia Considers Tax on Tech Giants to Fund Journalism

Australia is exploring a proposal to impose a tax on major tech companies such as Meta, Google, and TikTok. The revenue generated from this tax would be used to financially support local newsrooms and journalism.