Lawyers for Google and “Fortnite” maker Epic Games are set to square off before a U.S. appeals court in California as Google tries to undo a jury verdict and a judge’s order forcing it to revamp its app store.
Read More Google to ask US appeals court to overturn app store verdict
Microsoft has reportedly begun firing its “low-performance” workers, with a portion of the job cuts not providing severance pay, as the tech company switches up their work style approach — according to a new report.
Read More Microsoft Cracks Down On ‘Underperformers,’ Cutting Some Jobs Without Severance Pay
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
Read More Apple rises as rosy forecast lifts hopes for iPhone rebound
Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
Read More Microsoft, Meta back big AI spending despite DeepSeek’s low costs
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese AI model.
Read More HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data