Apple is contesting India's antitrust penalty law, which could potentially result in a fine of up to USD 38 billion for the company. A court filing at the Delhi High Court details Apple's challenge to the new legislation. Credit: APPLE The dispute marks the first challenge against India's antitrust penalty law, which allows the Competition Commission of India (CCI) to calculate penalties based on a company's global turnover. This law, enacted in 2024, allows the Competition C

UBTech Robotics, one of China’s top robot manufacturers, announced it secured a significant contract to deploy humanoids at border crossings. This initiative is part of the country’s intensified efforts to apply robotics in real-world settings. The deal, valued at USD 37 million, was struck with a humanoid robot centre in Fangchenggang. Credit: UBTech Fangchenggang is a coastal city located in the southern autonomous region of Guangxi, which shares a border with Vietnam. The

Dell Technologies has projected fourth-quarter revenue and profit figures exceeding Wall Street estimates, driven by increased investments in data centres for artificial intelligence. This outlook led to a 4% rise in its shares during extended trading.

Spotify plans to raise its US subscription prices in the first quarter of next year, according to a report citing three individuals familiar with the matter. This will be the company’s first price increase in the United States since June 2024.

Nvidia Chief Executive Officer Jensen Huang stated he does not see an artificial intelligence (AI) bubble, but rather a "tipping point" for the technology. Huang believes his company's computing specialisation will soon integrate into everything from coding to robot operation, fueling investor optimism.

Server-memory prices could double by late 2026 due to Nvidia’s decision to use smartphone-style memory chips in its artificial intelligence servers. This forecast comes from a report by Counterpoint Research, a technology-focused market research firm. Credit: NVIDIA Nvidia recently opted to change its memory chip type to LPDDR, a low-power memory chip typically found in phones and tablets. This shift from DDR5 chips, standard in servers, aims to reduce AI server power costs.

Chinese internet search giant Baidu reported a 50% increase in artificial intelligence-related revenue for the third quarter, a bright spot in an otherwise lacklustre financial period. The Beijing-based company’s third-quarter revenue declined 7% year on year to 31.2 billion yuan, or USD 4.4 billion, owing to sluggish advertising demand, while its net loss hit 11.2 billion yuan on asset writedowns. Credit: AP Despite struggles in its core advertising business, the company ann

A federal jury in California said Apple owes medical-monitoring technology company Masimo USD 634 million for infringing a patent covering blood-oxygen reading technology. The jury agreed with Masimo that the Apple Watch’s workout mode and heart rate notification features violated Masimo’s patent rights, a Masimo spokesperson confirmed. Credit: APPLE An Apple spokesperson said the company disagreed with the verdict and would appeal. “Over the past six years, Masimo has sued A