Microsoft Cuts 4,800 Jobs in AI-Driven Reorganization of Xbox and Sales
REDMOND, Wash. — The first wave of notices went out on Monday morning, and by noon the shape of Microsoft’s biggest reorganization this year was clear. The company is cutting…
Broadcom and Apple Extend Chip Pact to 2031, Adding Custom Silicon
CUPERTINO, Calif. — The handshake between two of Silicon Valley’s most secretive companies just got longer. Broadcom said Monday that it has renewed its chip supply agreement with Apple through…
SpaceX Joins Nasdaq-100, Bringing Billions in Index Demand
The exchange-traded funds that track the Nasdaq-100 are about to become involuntary shareholders in the world’s most valuable rocket company. SpaceX will be added to the index on July 7,…
India Orders Meta to Pull Child-Safety Ads Within a Week
NEW DELHI — The notice landed at Meta’s India office with a one-week deadline, and it puts the company’s advertising system under formal government scrutiny. India’s government has ordered Meta…
Dutch Trade Minister Leads Semiconductor Delegation to Beijing
THE HAGUE — The delegation flying to Beijing this week includes some of the most powerful names in European technology, and the agenda includes the machine that has become the…
Codex Passes Five Million Weekly Users as OpenAI Turns to India
The number appeared without fanfare in an OpenAI post on a Sunday: five million. That is the weekly count of developers and non-developers now using Codex, the company’s coding agent,…
SpaceX Locks Musk’s Shares Until 2027
Buried in the fine print of SpaceX’s IPO filing is a date that will shape the company’s trading for a year: June 2027. According to the filing, first reported by…
ASML’s Chief Tells Brussels to Stay Out of Chip Plans
In a Reuters interview published over the weekend, ASML’s chief executive delivered a message to Brussels that investors rarely hear from a European industrial leader: stop trying to direct strategic…
Bending Spoons Surges 40% in Nasdaq Debut
The ticker was unfamiliar to most traders, but the opening print was not: shares of Bending Spoons, an Italian software company that few Americans had heard of a year ago,…
Meta Tells Staff Its AI Agents Are Behind Target
In an internal meeting in the first week of July, Meta executives delivered a message to employees that the company’s public statements had only hinted at: development of AI agents…
