Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
Meta said Threads has reached 500 million monthly users and moved to follow up with a major upgrade, a development that traders treated as a sign Meta can keep pressuring rivals in social networking.
THE APEX TIMES
THE APEX TIMES
The chipmaker told investors it has moved its next-generation 18A process into an initial “risk production” phase, a step that precedes volume manufacturing. Intel linked the timing to what it described as strong demand for its central processing units.
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The social network’s growing audience reinforces Threads’ role inside Meta’s broader plan for real-time conversation across Facebook, Instagram, and WhatsApp.
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The update, positioned for Oracle’s OPERA Cloud hospitality platform, is designed to reduce manual work for hotel teams and support revenue management with more responsive decision-making.
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Advanced Micro Devices ended the session at $507.29, down 7.3% from the prior trading day, according to a market recap citing weakness that outpaced the broader tape.
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Shares moved lower amid renewed attention on Netflix’s content deal pipeline, following a market report tying the selloff to missed acquisition prospects and potential legal overhangs.
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A recent downgrade of Salesforce’s fair value estimate, cut by nearly 20% to about US$255, has refocused investor attention on whether the company can translate its artificial intelligence push into durable revenue growth.
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Retail promotions are targeting buyers who want hands-free help at home, with discounts advertised as high as 44% on some Amazon-branded smart speakers and related devices.
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Rackspace Technology shares rose sharply after a report tied the company’s next push in managed cloud services to AMD’s compute platforms, even as the company also announced workforce reductions aimed at lowering expenses.
