TECHNOLOGY

South Korea's $950 billion AI chip deal with major tech firms, including Samsung and SK Group, raises questions about its true impact and transparency in the global AI supply chain.

Elon Musk predicts that by 2036, money will become largely irrelevant due to AI and robotics, sparking debate amid a significant decline in his net worth and company stock values.

AI is the leading cause of job cuts in 2026, with roles like computer programmers and customer service representatives most affected. The trend highlights AI's growing impact on the labour market.

Naver's shares dropped nearly 6% after announcing a $10 billion AI investment with Nvidia and Brookfield, highlighting investor concerns over financing and execution risks despite the project's strategic potential.

Nvidia invests $1 billion in Naver to expand an AI data centre in South Korea, part of a $10 billion project with Brookfield, enhancing AI capabilities for Korean and U.S. developers.

YouTube updates its monetization policies, restricting ad revenue for channels producing low-quality AI-generated content, focusing on originality and human creativity to maintain content quality and advertiser trust.

Recent leaks suggest Samsung's Galaxy S27 Ultra will feature a new 'Pro' model, upgraded camera systems, and a powerful Snapdragon 8 Elite Gen 6 Pro chip, with a launch expected in early 2027.

GameStop's ongoing attempt to acquire eBay, despite repeated rejections, highlights a unique corporate takeover saga, with analysts questioning the feasibility of the smaller company's bid.

The global trillion-dollar club is now dominated by AI and semiconductor companies, with the US, Taiwan, South Korea, and Saudi Arabia hosting the world's most valuable public firms.

OpenAI's ChatGPT and related services experienced a global outage, marking the fourth disruption in four days. The incident affected users worldwide, impacting both individual and business applications.

Explore the investment potential of SK Hynix and SpaceX, two major IPOs with distinct business models and risk profiles, as they shape the AI and space infrastructure markets.

Apple is set to overhaul its Mac lineup over the next two years, introducing new designs and chips to meet rising AI demands, with the first updates arriving this fall.

Apple shares rise after analysts raise price targets, driven by strong performance and anticipation of new product launches, including a foldable iPhone. Investors await upcoming earnings report for further insights.

Intel's shares fell despite a strong earnings report and increased capital spending plans, as investors took profits following a significant rally. The company's AI-driven growth and future outlook remain positive.

The Dow Jones Industrial Average shows a modest recovery after a tech-driven selloff, amid new global tariffs and rising geopolitical tensions affecting investor sentiment.

Microsoft has intervened to stop LG monitors from installing software that triggered unwanted McAfee pop-ups on Windows 11, following user complaints and media coverage highlighting the issue.

SK Hynix's shares continue to climb following its record-breaking Nasdaq debut, driven by increased AI infrastructure spending and strong demand for high-bandwidth memory chips.

Xbox Network faced connectivity issues during a widespread Microsoft outage, affecting sign-ins and online gaming. The disruption was linked to Microsoft's broader service problems, impacting multiple platforms.

U.S. stocks fell sharply as investors reacted to major tech earnings, with concerns over AI spending overshadowing solid results. Rising oil prices and bond yields added to market pressures.

Samsung launches its latest foldable smartphones, including the Galaxy Z Fold8 Ultra, Z Fold8, and Z Flip8, with advanced AI features and new designs to broaden market appeal.

Australia's ASX 200 index rose on Alphabet's strong earnings, despite a decline in domestic tech stocks. Economic data and global market trends also influenced the session's mixed performance.

Samsung has launched three new foldable phones, including the Galaxy Z Fold 8 Ultra, ahead of Apple's expected entry into the foldable market, with preorders starting now and full launch on Aug. 7.

Asustek Computer's stock has surged due to high demand for AI servers and PCs, with strategic partnerships boosting growth. The company aims for significant expansion in AI infrastructure and robotics.

Dell Technologies' shares jumped over 10% following Super Micro's strong earnings update, boosting confidence in the AI infrastructure sector. Dell's AI positioning and partnerships continue to drive growth.

The VIX index rose slightly as investors anticipate tech earnings and assess geopolitical risks, indicating cautious sentiment despite historically low volatility levels.

The Dow Jones Industrial Average opened modestly higher Wednesday morning, building on the previous session's gains as investors braced for closely watched earnings reports from Alphabet and Tesla after the market close, while rising oil prices and ongoing tariff developments remained in focus.

South Korea's KOSPI index briefly surpassed 7,000 points before retreating due to profit-taking and geopolitical tensions. Foreign investors drove gains, while domestic investors sold off.

Light introduces the Light Flip, a retro-inspired flip phone designed for users seeking a minimalist alternative to modern smartphones, featuring a T9 keypad and no external display.

Vivakor's stock surged 145% following the announcement of new crude oil trading agreements, significantly expanding its marketed volumes and revenue potential amid recent stock volatility and restructuring efforts.