Orbex’s new funding may accelerate its Prime microlauncher into orbit

UK-based small launch developer Orbex got another boost from Scotland’s national bank and other investors as it gears up for its first orbital launch, though that mission still does not have a set date. Founded in 2015, Orbex is one of a handful of firms racing to develop the next generation of European launch vehicles. […]
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TSMC beats first-quarter revenue and profit expectations on strong AI chip demand

TSMC is the world’s largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.

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Google Fires Twenty-Eight Workers for Protesting Cloud Deal with Israel

The fired workers included nine Google employees who were removed by police after occupying Google offices on Tuesday.

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Elon Musk says in email that Tesla sent ‘incorrectly low’ severance packages to some laid-off employees

In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.

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Google terminates 28 employees after multi-city protests: Read the full memo

Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against Project Nimbus.

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Malaysia is unfazed by China, U.S. semiconductor competition, minister says

Malaysia appears to be benefitting from U.S.-China trade tensions, which has prompted companies to diversify their semiconductor operations.

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Baidu releases new AI tools to promote application development

One year after Chinese tech firm Baidu released its ChatGPT-like Ernie bot, the company announced tools to encourage locals to develop AI applications.

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EU’s new tech laws are working – small browsers gain market share

Reuters exclusively reported that Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet’s Google, Microsoft and Apple to make it easier for users to switch to rivals. 
The post EU’s new tech laws are working – small browsers gain market share appeared first on Reuters News Agency.

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Dailyhunt-parent acquires newsstand app Magzter

VerSe Innovation, the parent firm of news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. VerSe didn’t disclose the financial terms of the deal. The acquisition of Magzter, which […]
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TikTok Bill to Be Bundled With Aid to Ukraine and Israel, House Speaker Indicates

A new measure attempts to force the Senate’s hand on passing legislation to ban TikTok or mandate the app’s sale.

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