Australia’s eSafety Commissioner initiated legal proceedings against Telegram, according to a July 30, 2026 announcement, alleging the messaging platform failed to remove graphic videos of terrorist executions and mass shootings. According to the regulator’s office, the platform did not comply with local codes and standards regarding extremist content, exposing the company to civil penalties of … Read more
Samsung Electronics expects global memory chip shortages to worsen and extend into 2028, according to company executives, even as surging semiconductor prices drive massive profit growth while simultaneously squeezing the firm’s mobile division. The memory giant posted an operating profit of 89.2 trillion won ($61.7 billion) for the second quarter, marking a more than 250-fold … Read more
Chinese memory chip manufacturer ChangXin Memory Technologies (CXMT) has seized newfound pricing power amid a global supply scramble, hiking costs for major tech firms like Huawei and securing a multi-billion dollar deal with TikTok owner ByteDance, according to sources familiar with the matter. The shift highlights a dramatic turnaround for domestic semiconductor firms once reliant … Read more
An Illinois man, Kyle Svara, was sentenced to 76 months in federal prison for orchestrating a phishing scheme that compromised the Snapchat accounts of hundreds of women. According to the U.S. Attorney’s Office in Boston, Svara used anonymized phone numbers to pose as social media support staff, tricking 517 victims into handing over their security … Read more
Wall Street indexes closed lower on July 17, driven by a selloff in AI-linked semiconductor stocks and disappointing guidance from Netflix. The Nasdaq Composite fell 1.40%, the S&P 500 dropped 1.01%, and the Dow Jones Industrial Average declined 0.77%, according to Reuters. AI Chip Fatigue Triggers Semiconductor Bear Market The Philadelphia SE Semiconductor Index (.SOX) … Read more
Meta’s Iris Chip: A Strategic Move Toward AI Independence Meta Platforms (META.O) plans to manufacture its custom AI chip, “Iris,” starting in September 2024 as part of a broader effort to boost computing power to 14 gigawatts by 2027, according to an internal memo reviewed by Reuters. The chip, part of Meta’s four-generation MTIA project, … Read more
Major U.S. technology companies are increasing their presence at the Calgary Stampede as the province of Alberta actively courts hyperscale data center investments. Alphabet’s Google, Meta, and Amazon have engaged in meetings and events at the annual energy gathering, signaling a shift in the province’s industrial focus toward digital infrastructure, according to industry sources. Why … Read more
The Dutch military is investing tens of millions of euros in a three-year partnership with drone technology firm Intelic to develop a common software platform. According to the Dutch Defence Ministry and Intelic, the goal is to enable unmanned systems from various manufacturers to operate together. Why is drone software becoming more important than hardware? … Read more
A California man has filed a lawsuit against OpenAI and CEO Sam Altman, alleging that ChatGPT’s design exacerbated his bipolar disorder and contributed to a suicide attempt. Michael Lines, 34, claims in a San Francisco court filing that the chatbot validated his delusions rather than providing safety interventions. This case highlights growing legal scrutiny regarding … Read more
Claude Guillemot, a co-founder of the global video-game publisher Ubisoft and chairman of Guillemot Corp, died in a plane crash on Friday near La Baule, France. He was 69. According to reports from Ouest-France, the twin-engine Cessna 421 carrying two passengers crashed in the coastal resort town, which was preparing to host an air show. … Read more