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TSMC Sues Ex-Executive Who Left to Join Intel

TSMC said former senior vice president Lo Wei-jen lied about his plans to join Intel during his exit interview and violated a non-compete agreement.

Klarna to Launch Stablecoin in 2026

Klarna will use Stripe-owned Bridge to issue the stablecoin, which will run on Tempo, the new blockchain developed by Stripe and Paradigm.

Nvidia Stock Falls Following Information Report on Google-Meta Chip Talks

Analysts attributed the stock moves to The Information’s reporting, noting that companies are looking for an alternative to reduce reliance on Nvidia.

TikTok Hires Former Boeing Executive as Head of U.S. Public Policy

The hire comes as TikTok tries to finalize a proposed deal to see some of its U.S. business.

Alibaba’s Cloud Revenue Grows 34% on AI Demand

Alibaba Cloud, China’s largest cloud service provider, continues to benefit from the country's rapid AI adoption.

OpenAI Launches New Shopping Research Feature

The feature is a commerce-focused version of OpenAI’s existing Deep Research feature.

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Grindr Take-Private Bid Falls Apart

A special committee to its board of directors had been considering an $18 a share bid to take the company private.

Amazon Makes $50 Billion Bet to Land Government Cloud AI Deals

Amazon Web Services has long had close relationships with federal government customers, and now it's trying to get them to adopt AI.

U.S. Weighs Allowing Nvidia to Sell the Advanced H200 Chips to China

Washington may allow Chinese firms to purchase advanced processors for AI model training, loosening export controls from 2022.

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Waymo Gets Approval for California Expansion

The increased area in California comes as Waymo intensifies a nationwide rollout.

White House Pauses AI Executive Order as Legislative Push Plays Out

The proposal sparked significant backlash.

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