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Broadcom unveils new tech to speed up custom chips amid rising GenAI demand

Broadcom develops new technology for AI chips to boost performance and memory, aiming to meet rising demand from cloud providers by 2026, competing primarily with Marvell.

• GOOGL

EU Official Eyes Google Divestment in Digital Law Push

Teresa Ribera aims to enforce EU digital laws, exploring divestment of major tech companies while fostering international competition cooperation under her new role in the European Commission.

• GOOGL

Demand 'excessive' for Huawei's Mate 70 smartphones, exec tells state media

Huawei's Mate 70 smartphones see high demand with over 6.7 million reservations, amid supply challenges and the launch of its HarmonyOS NEXT software.

• AAPL
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Trump picks Gail Slater to head Justice Department's antitrust division

Trump appointed Gail Slater to lead the DOJ antitrust division, focusing on enforcing competition laws against major companies like Google and Apple, amidst ongoing scrutiny of Big Tech.

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Roku stock rises as Needham says co likely to be acquired in 2025

Roku shares rise due to optimistic analyst report predicting acquisition potential. Factors include large user base, valuable data, strong pricing, and strategic positioning in CTV market.

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Google Cloud partners with Air France-KLM on AI technology

Google Cloud partners with Air France-KLM to leverage AI technology, enhancing data analysis for passenger insights and aircraft maintenance while allowing full data ownership for the airline.

• GOOGL
• MSFT

Australia urges greater internet user choice amid Google dominance, genAI

Australia's competition watchdog calls for improved internet user choices amid concerns over Google's dominance and the impacts of AI integration on search reliability.

• AMZN
• BABA
• GOOGL
• MSFT

Microsoft faces UK lawsuit over cloud computing licences

Microsoft faces legal action in Britain over accusations of charging unfair license fees, potentially due to its dominance in cloud computing services, affecting thousands of businesses.

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• HK50
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• USD/JPY

Asian stocks climb on Wall Street lead; yuan, euro sag

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Ctrl Wallet Launches Multichain Wallet to Set New Standard for Cross-Chain Crypto Management