technology News
CrowdStrike Expands Global Reach Amid Tech Sector Headwinds
Cybersecurity firm launches regional clouds in the Middle East and India to meet data sovereignty demands, though shares dip in a broader market sell-off.
Gilat Stock Nears 52-Week High on $11M Asia-Pacific Satellite Deal
Shares in the satellite networking firm surged after it announced a significant new contract for its SkyEdge platform, bolstering its presence in the high-growth Asian market.
Bakkt Surges 10% on Stablecoin Deal, Easing Liquidity Concerns
The acquisition of DTR and a corporate rebrand signal a strategic pivot for the crypto infrastructure firm, which had previously warned of cash flow issues.
Meta’s Top Asia Policy Chief Departs Amid Regulatory Scrutiny
The exit of Rafael Frankel, a key policy veteran, highlights mounting pressure on the tech giant over content and competition in its fastest-growing region.
Baidu's Stock Nears 52-Week High as AI Users Top 200 Million
CEO Robin Li confirms the user base for its Ernie Bot and related AI features has doubled since December, signaling its costly AI pivot is gaining significant traction.
OpenAI to Introduce Ads, Fueling Microsoft's AI Monetization Strategy
The move to place advertisements on ChatGPT signals a new revenue-focused phase for Microsoft's key AI partner, strengthening its competitive position against rivals like Google.
Google Shares Slip as OpenAI Moves to Challenge Ad Dominance
OpenAI's plan to introduce advertising on its popular ChatGPT platform signals a direct assault on Google's core revenue stream, intensifying the AI arms race.
Musk vs. Microsoft: AI's Founding Feud Heads to Trial
Elon Musk's lawsuit alleging OpenAI and Microsoft betrayed a non-profit mission for commercial gain proceeds to a jury trial, creating a legal cloud over the industry's most critical partnership.