Timothy Arcuri lifted his price target to $1,625 from $535 on the back of long-term HBM supply agreements that, in his read, compress the boom-bust memory cycle into something closer to a structural duopoly. Micron Technology shares rose as much as 19% on Tuesday after UBS analyst Timothy Arcuri more than tripled his price target […] This story continues at The Next Web Read more ›
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SAMR has penalised the two electronics firms for procedural violations in their now-collapsed asset sale, the latest signal of Beijing’s tightening merger-enforcement posture. China’s State Administration for Market Regulation has fined Luxshare Precision Industry and Wingtech Technology for violations in connection with their now-unravelling asset sale, according to a Reuters report on Wednesday. The fine […] This story continues at The Next Web Read more ›
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The European Central Bank has formally told eurozone banks they must tighten their cyber-security posture in response to AI-led attack tools, in a follow-up statement issued on Wednesday that turns earlier private guidance into something closer to a supervisory expectation. The ECB’s vice-chair of the Single Supervisory Mechanism, Frank Elderson, framed the shift in language […] This story continues at The Next Web Read more ›
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The Milan group-travel platform takes a $58M Series C and a strategic 10% Airbnb shareholding. Andrea D’Amico leaves to run Airbnb’s hotels division. Airbnb has led a $58m Series C in WeRoad, the Milan-based group-adventure-travel platform, taking a 10% stake and a board seat as part of the deal. Andrea D’Amico, the company’s chief executive […] This story continues at The Next Web Read more ›
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The TikTok parent will buy millions of Qualcomm application-specific chips for AI data centres and use Qualcomm to take its own design from blueprint to production. Qualcomm has struck a deal to supply ByteDance with millions of application-specific integrated circuits, the chip designer’s most prominent commitment yet to compete in the AI data-centre market it […] This story continues at The Next Web Read more ›
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Three suspects, including a Super Micro senior vice president, are accused of exporting US-restricted servers through false documents to Japan and then on to mainland China. Taiwanese prosecutors suspect that three individuals successfully smuggled at least one shipment of Nvidia AI chips to mainland China after first exporting them to Japan, according to a Bloomberg […] This story continues at The Next Web Read more ›
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Four guests, one question: when everyone has AI, what will actually make a SaaS company win? The panel on 3 June in Amsterdam will try to answer it. There is a moment, somewhere between the third and the fourth AI feature release of the quarter, when even the most enthusiastic founder begins to wonder whether […] This story continues at The Next Web Read more ›
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The Space Data Network Backbone, built on Starshield satellites, is designed to link missile-defence sensors and interceptors in near real time. The US Space Force has awarded SpaceX a $2.29bn fixed-price contract to build the Space Data Network Backbone, a secure, high-speed satellite communications layer intended to underpin the Trump administration’s Golden Dome missile-defence initiative. […] This story continues at The Next Web Read more ›
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Apple and Google have formally pushed for amendments to Bill C-22, the Canadian government’s lawful-access legislation now working its way through the House of Commons, arguing that the bill as drafted creates a potential for secret orders to compel changes to the encryption underpinning their software and devices. Both companies want judicial oversight built into […] This story continues at The Next Web Read more ›
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Samsung Electronics will invest 39 trillion dong, or about $1.5bn, in a semiconductor testing plant in Vietnam, according to a document seen by Reuters on Wednesday. Construction has already begun in an industrial park 60 kilometres north of Hanoi, with operations scheduled to start in November 2027. The plant will be Samsung’s first dedicated chip-testing […] This story continues at The Next Web Read more ›
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A 10%+ surge in Seoul trading on Wednesday pushed the Korean memory firm past $1 trillion, making it the third chipmaker after Nvidia and TSMC to cross the line. SK Hynix’s market capitalisation pushed through $1 trillion in Seoul trading on Wednesday morning, on the back of a single-session rally of more than 10% that […] This story continues at The Next Web Read more ›
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NVIDIA chief executive Jensen Huang told a Taipei audience at Computex 2026 on Wednesday that Taiwan is the “epicentre” of the AI revolution, and that the company’s annual spending on the island will reach roughly $150bn a year. The number, the highest specific Taiwan-spend figure Huang has yet disclosed publicly, makes Nvidia’s commitment to the […] This story continues at The Next Web Read more ›
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The Tech Sovereignty Package arrives on Wednesday, but the EU is still arguing internally over what ‘digital sovereignty’ should actually require. The European Commission is preparing to publish its Tech Sovereignty Package on Wednesday afternoon, the most concentrated single attempt yet to reduce European reliance on American cloud, AI and chip infrastructure. The package, according […] This story continues at The Next Web Read more ›
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The Dutch government has imposed a “complete prohibition” on the acquisition of Solvinity, a Dutch cloud provider, by Kyndryl, the American IT infrastructure company spun out of IBM in 2021. The deal, valued at roughly €100 million, would have given a US-headquartered firm control over the platform that runs DigiD, the digital identity system used […] This story continues at The Next Web Read more ›
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Drew Houston, the co-founder who built Dropbox from a Y Combinator demo into a company with more than 700 million registered users, is stepping down as chief executive. Ashraf Alkarmi, Dropbox’s current head of product, has been named co-CEO effective immediately. After a transition period, Houston will become executive chairman and Alkarmi will take […] This story continues at The Next Web Read more ›
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The proposal expected to be announced on Wednesday would leave Starlink and Amazon’s Kuiper able to bid only for the remaining third of the bloc’s 2 GHz mobile-satellite band. The European Commission is preparing to reserve two-thirds of the bloc’s future mobile-satellite-services spectrum for European operators, leaving Starlink, Amazon’s Project Kuiper and other non-EU companies […] This story continues at The Next Web Read more ›
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Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Founders Fund, Kleiner Perkins, Franklin Templeton, Baillie Gifford, G Squared, and Bond. The funding doubles Stord’s valuation […] This story continues at The Next Web Read more ›
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Elon Musk’s xAI has told employees to limit their contact with staff from Cursor , the AI coding startup that SpaceX has an option to acquire for $60 billion. The directive came from James Burnham, xAI’s general counsel and former chief lawyer at the Department of Government Efficiency, according to Bloomberg. Burnham sent guidelines to […] This story continues at The Next Web Read more ›
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Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehicle, at the Città dello Sport in Rome. The Luce is a four-door, […] This story continues at The Next Web Read more ›
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Spotify began testing a new content format on Tuesday: narrated long-form magazine articles, slotted in alongside audiobooks rather than podcasts. The launch announced from the company’s newsroom on Tuesday morning, includes more than 650 English-language pieces from a roster that runs through Rolling Stone, The Atlantic, Vogue, Variety, Billboard, Vibe, GQ, WIRED, Vanity Fair and Pitchfork. […] This story continues at The Next Web Read more ›
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25.07.2026 12:00
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