Jury Finds Kioxia Infringed Viasat Flash-Memory Patent, Awards $229 Million
A federal jury in Austin, Texas, returned a verdict on Thursday that could cost Kioxia Holdings Corp. $229 million, ruling that the Japanese memory maker’s flash-memory products infringe a patent…
Sharon AI Signs $1.32 Billion Cloud Deal to Supply AI Lab With Nvidia GPUs
Sharon AI Holdings, an Australian provider of artificial-intelligence cloud services, said Thursday it signed a five-year agreement worth $1.32 billion to supply cloud-computing capacity to a global AI laboratory. The…
Apple Retakes Crown as World’s Most Valuable Company, Closing In on $5 Trillion
Apple Inc. reclaimed the title of the world’s most valuable publicly traded company on Friday, overtaking Nvidia Corp. in intraday trading for the first time since June 2025. The shift…
Chip Stocks Tumble as TSMC’s Record Quarter Leaves Investors Wanting More
Semiconductor stocks fell for a second consecutive session on Friday, with Nasdaq futures down nearly 2% in premarket trading, as investors shrugged off record quarterly results from Taiwan Semiconductor Manufacturing…
SpaceX Shares Dip Below IPO Price as Starship Abort Tests Investor Patience
SpaceX’s stock fell below its initial public offering price on Thursday after the 13th test flight of its Starship rocket was aborted in the final second before liftoff, a setback…
Netflix Shares Slide 9% After Hours as Guidance Misses and Disclosure Narrows
Netflix Inc. shares fell about 9% in after-hours trading Thursday after the streaming company’s third-quarter revenue guidance came in well short of Wall Street’s expectations and the company said it…
Uber to Buy Delivery Hero for $14.8 Billion, Nearly Doubling Food-Delivery Reach
Uber Technologies Inc. has agreed to acquire German food-delivery company Delivery Hero SE for $14.8 billion, a deal that would expand Uber Eats’ footprint from 45 countries to more than…
Ex-DeepMind Researcher Raises $55 Million With No Product and No Customers
A former DeepMind researcher has raised $55 million in a pre-seed round that values the company at $300 million, according to TechCrunch, before the startup has shipped a product, signed…
Intel and Alphabet Earnings Set Up as Referendum on AI Spending
Intel Corp. and Alphabet Inc. report earnings next week, and investors are treating the two results as the first real test of whether the money flooding into artificial-intelligence infrastructure is…
Founders Fund Hires Former OpenAI Executive, Signaling Talent War Reaches VC
Founders Fund, the venture firm co-founded by Peter Thiel, has hired Ryan Beiermeister, a former OpenAI executive, to its investment team, according to TechCrunch. The move is the latest sign…
