Microsoft Set for Worst Quarter Since 2008 as AI Takes Two Bites
Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago.
WeRide CEO: Path to Profitability Clearer This Year
WeRide Founder & CEO Tony Han says the company’s share price is “heavily undervalued,” as its path to profitability becomes clearer this year. Han adds that key regulatory hurdles have been removed, helping to smooth WeRide’s overseas expansion as demand for autonomous driving technology grows. He s...
Taiwan’s Largest ETF Set for Record Inflow, Defying War Angst
Taiwan’s largest equity exchange-traded fund is on track for record inflows this month, as domestic investors defy the global turmoil sparked by the Iran war and pile into the technology-heavy product.
Blackstone leads $250 million investment in UAE payments platform ADGT
ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding, NRT Technology, and Sightline Payments. Founded by Michael Dominelli, ADGT aims to build next-generation payments infrastructure supporting regulated digital ma...
Estate of Mike Lynch ordered to pay £920m to Hewlett-Packard
Ruling linked to takeover of Autonomy in 2011 comes two years after tech tycoon died in superyacht disasterThe estate of late British tech tycoon Mike Lynch has been ordered to pay £920m to the technology company Hewlett-Packard (HP) two years after he died in a superyacht disaster.The ruling by Lon...
UAE's Red Rock Technology invests $10M in AI 'Brain' for global food security
Dubai: Red Rock Technology has committed a $10 million investment to develop Seedelligence, an artificial intelligence architecture designed to power the National Food & Seed Sovereignty Institute and its future global locations.Unlike conventional agritech systems, where artificial intelligence modules operate in isolation, Seedelligence is engineered as a single, centralised intelligence capable of coordinating every core element of the Institute’s infrastructure: agricultural robotics, h...