Google focuses AI spending on technical infrastructure

The company believes it is more important to invest now than to risk falling behind, says head of AI and emerging tech policy

Apple in talks to buy U.S. Formula 1 broadcast rights

With ESPN’s deal ending, Netflix entering the race, and a $293 million film success, U.S. Formula 1 rights draw new interest

IBM launches new Power11 chips to support AI in data centers

Power11 systems offer reliability and security, with no planned update downtime and 30 seconds of unplanned downtime per year

Samsung to acquire U.S. healthcare platform Xealth to expand mobile health services

Samsung plans to combine Xealth’s services with its wearable technology to strengthen its position in the healthcare sector

Trump media expands into TV streaming with Truth+

The company says it will continue testing the streaming service and collect feedback from users during the rollout

Chinese camera firm Hikvision to challenge Canada’s order to halt operations

Canada’s Industry Minister says the decision followed a review by national security and intelligence agencies

Apple files appeal against 500 million euro EU fine

The company says the Commission is trying to control how Apple runs the App Store and enforce unclear terms for developers and users

Samsung expected to report 39 percent drop in second-quarter profit

Samsung continues to face challenges in getting its latest HBM3E 12-layer chips certified by Nvidia

Huawei denies claims that its Pangu Pro Moe model copied Alibaba’s Qwen 2.5

Alibaba’s Qwen focuses on consumer applications like chatbots, while Huawei’s Pangu models serve government, finance, and manufacturing

U.S. and China to discuss TikTok sale starting Monday or Tuesday

The two sides "pretty much" have a deal in place for the sale of TikTok, and discussions could involve Chinese President Xi Jinping, says Trump

Nvidia nears $4 trillion and temporarily tops world’s most valuable list

Nvidia’s recent gains come as the company’s chips power much of the AI computing infrastructure being built by major tech firms

EU delays AI code of practice rollout to end of 2025

The delay comes as tech firms and several EU governments ask for more time to adjust to the upcoming regulations
Huawei

US semiconductor company settles export case for $4.25 million over Huawei shipments

Company sent 1,650 power controllers, smart power stages, and accessories to Huawei without approval, Commerce Department

OpenAI says it is not part of Robinhood token offer

Robinhood says it will give EU users 5 euros in OpenAI and SpaceX tokens if they register to trade stock tokens by July 7

Meta’s Instagram outage hits thousands of users in the U.S.

The outage gain attention on other platforms, with users sharing posts about the disruption