Jonathan Wong

Jonathan Wong

The Latest

  • Meta Seeks Immunity From Child Harm Lawsuits During KOSA Negotiations
    Meta
    Meta Platforms is pressing lawmakers to include legal protections for social media companies in the Kids Online Safety Act, a move that has intensified a broader battle in Washington over whether technology firms should face greater accountability as Congress seeks stronger protections for children online.
  • Intel Shares Jump 7% After Trump Says Apple Will Partner on U.S. Chip Design and Manufacturing
    INTEL
    Intel shares climbed sharply Thursday after President Donald Trump announced what he described as a new partnership between Apple and Intel to design and manufacture semiconductors in the United States, a move that immediately drew investor attention and renewed focus on America's effort to rebuild domestic chip production.
  • Apple Warns iPhone, Mac and iPad Prices May Rise as AI Drives Memory Chip Costs Higher
    FILE PHOTO: CEO Tim Cook speaks at an Apple event at the company's headquarters in Cupertino, California, U.S. September 10, 2019.
    Apple is preparing customers for potentially higher prices across its iPhone, Mac and iPad lineup as a global shortage of memory components, driven by booming artificial intelligence demand, reshapes the economics of consumer electronics.
  • BBC to Cut 1,250 Jobs as Broadcaster Targets £500 Million Savings Plan
    BANNED
    The BBC will eliminate hundreds of journalism and corporate positions, shut down long-running programs and reduce output across television, radio and digital operations as the public broadcaster pursues £500 million in cost savings over the next two years.
  • Fox Strikes $22 Billion Roku Deal, Creating Streaming Giant Reaching 100 Million Households
    Roku
    Fox Corp. has agreed to acquire streaming platform Roku in a deal valued at approximately $22 billion, a transaction that would significantly expand the media company's reach in streaming, connected television advertising, and digital distribution as traditional television audiences continue migrating online.
  • Elon Musk Becomes the World’s First Trillionaire After SpaceX IPO
    Elon Musk Warns He Now Ranks Just Behind Trump on America’s Assassination Target List
    Elon Musk became the first person in history to surpass a net worth of $1 trillion following the long-awaited public offering of SpaceX, a landmark event that transformed the aerospace company into one of the most valuable corporations in the United States and cemented Musk's position at the top of the global wealth rankings.
  • Microsoft's Xbox Warns It Is 'Over Extended' as 3% Margin and Hardware Crisis Fuel Layoff Fears
    XboX
    Microsoft's Xbox division is preparing for what could be one of its most significant restructurings in years after newly appointed Xbox CEO Asha Sharma warned employees that the gaming business has become "over extended" following years of heavy spending, declining revenue and mounting hardware pressures.
  • OpenAI Considers Slashing Token Prices to Win Customers From Anthropic Ahead of IPO Push
    OpenAI Raises $6.5 Billion in Landmark Funding, Valuation Skyrockets to $157 Billion Amid Fierce AI Competition (CEO Sam Altman)
    OpenAI is considering significant price reductions for its artificial intelligence products as competition with Anthropic intensifies and corporate customers increasingly push back against soaring AI spending, according to a Wall Street Journal report citing people familiar with the matter.
  • Prince Harry Eyes UK Trip With Meghan, Archie and Lilibet While Seeking Reconciliation With King Charles
    Prince Harry and Meghan Markle Quash Split Rumors with Glamorous Gala Snapshot
    Prince Harry is reportedly preparing for a return to the United Kingdom this summer as he increases his involvement with the upcoming Invictus Games in Birmingham, a trip that could test whether any meaningful reconciliation remains possible between the Duke of Sussex and King Charles.
  • Oracle Cuts Up to 30,000 Jobs While Cloud Revenue Jumps 44% and AI Business Surges 243%
    MISSING TARGET
    Oracle is reportedly nearing the end of a sweeping workforce reduction that could eliminate nearly 30,000 positions worldwide, even as the technology giant records strong growth in cloud computing, artificial intelligence services and data-center infrastructure.
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