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Roku trims annual revenue forecast as economic uncertainty weighs
02 May 2025

Roku trims annual revenue forecast as economic uncertainty weighs

Roku trimmed its annual revenue expectations and forecast second-quarter revenue below Wall Street estimates on Thursday, due to economic uncertainty and tariff-related concerns, sending its shares down 4.9% in after-hours trading.
Pentagon's AI metals program goes private in bid to boost Western supply deals

Pentagon's AI metals program goes private in bid to boost Western supply deals

02 May 2025
A U.S. government-created artificial intelligence program that aims to predict the supply and price of critical minerals has been transferred to the control of a non-profit organization that is helping miners and manufacturers strike supply deals.
EBay announces CFO transition; sees quarterly revenue ahead of estimates

EBay announces CFO transition; sees quarterly revenue ahead of estimates

01 May 2025
E-commerce firm eBay said on Wednesday that its Chief Financial Officer Steve Priest will step down in May and will be replaced by Peggy Alford, who was a vice president at PayPal.
Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

01 May 2025
Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, calming investor worries in an uncertain economy and lifting its shares 7% after hours. 
LG Energy Solution flags Q2 sales decline as automakers hemmed in by tariff volatility

LG Energy Solution flags Q2 sales decline as automakers hemmed in by tariff volatility

30 Apr 2025
South Korean battery maker LG Energy Solution (LGES) on Wednesday said it expected revenue in the second quarter ended June to decline from Q1 partly due to uncertainties from U.S.-driven tariff policies.
Samsung says trade turmoil raises chip business volatilities, may hit phone demand
30 Apr 2025

Samsung says trade turmoil raises chip business volatilities, may hit phone demand

South Korean technology giant Samsung Electronics warned on Wednesday U.S. tariffs could cut demand for products such as smartphones, making it difficult to predict future performance. 
Sony considering chip unit spinoff, Bloomberg reports

Sony considering chip unit spinoff, Bloomberg reports

29 Apr 2025
Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources.  
Indonesia minister says LG to invest another $1.7 billion in battery factory

Indonesia minister says LG to invest another $1.7 billion in battery factory

29 Apr 2025
South Korea’s LG group remains committed to Indonesia and will increase its investment in a battery cell factory by $1.7 billion, raising total investment in the project to $2.8 billion, Indonesia’s investment minister said on Tuesday.
Alphabet climbs as AI bets drive ad strength, quelling market fears

Alphabet climbs as AI bets drive ad strength, quelling market fears

28 Apr 2025
Alphabet shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-related pressures. 
Workers could save 122 hours a year by adopting AI in admin tasks, says Google

Workers could save 122 hours a year by adopting AI in admin tasks, says Google

28 Apr 2025
Britain could gain 400 billion pounds ($533 billion) from AI-driven growth if it trained its workforce, Google said, after a pilot scheme in the UK showed workers could save more than 120 hours a year by using AI in administrative tasks.
Micron rejigs business units to highlight AI data center demand
18 Apr 2025

Micron rejigs business units to highlight AI data center demand

Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.
Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus

Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus

18 Apr 2025
Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market.
OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports

OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports

17 Apr 2025
Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.
ABB to spin off world's second biggest robotics business

ABB to spin off world's second biggest robotics business

17 Apr 2025
Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s Hitachi in 2018. 
AI Talk: Propel your AI initiatives into new business opportunities

AI Talk: Propel your AI initiatives into new business opportunities

16 Apr 2025
From building modern infrastructures with vector databases and RDMA to securing your models against data poisoning, the panel unpacks what it really takes to get your AI agents working safely and effectively.

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