Category: Silicon UK

SMIC Sees Record Revenue, But Halved Profits

SMIC sees revenues rise 27 percent for 2024, but profits fall nearly 50 percent amidst sanctions, intensified competition This article has been indexed from Silicon UK Read the original article: SMIC Sees Record Revenue, But Halved Profits

Microsoft Drops AI Data Centre Projects

Microsoft drops data centre projects amounting to 2 gigawatts of power consumption as investors question massive AI capital expenditures This article has been indexed from Silicon UK Read the original article: Microsoft Drops AI Data Centre Projects

Tencent Invests £1bn In Ubisoft Spin-Off

Ubisoft and Tencent to create new joint-venture developing some of company’s highest-profile games, including Assassin’s Creed This article has been indexed from Silicon UK Read the original article: Tencent Invests £1bn In Ubisoft Spin-Off

BYD Tops Tesla On Global Revenues

China’s BYD beats out Tesla in worldwide revenues with $107bn in sales for 2024, as Tesla sees sales plummet in Europe and elsewhere This article has been indexed from Silicon UK Read the original article: BYD Tops Tesla On Global…

NHS Software Provider Fined £3m Over Breach

NHS software services provider Advanced Computer Software Group fined £3m over ransomware breach that compromised data, shut down services This article has been indexed from Silicon UK Read the original article: NHS Software Provider Fined £3m Over Breach

Trump’s SEC Pick Pledges ‘Coherent’ Crypto Rules

Trump’s nominee for SEC Chairman, Paul Atkins, has pledged a “rational, coherent, and principled approach” for digital assets This article has been indexed from Silicon UK Read the original article: Trump’s SEC Pick Pledges ‘Coherent’ Crypto Rules

Waymo Confirms Washington DC Robotaxi Plan For 2026

Pioneering robotaxi service from Alphabet’s Waymo to go live in Washington DC next year, as US expansion continues This article has been indexed from Silicon UK Read the original article: Waymo Confirms Washington DC Robotaxi Plan For 2026

US Adds 50 Chinese Firms To AI, Chip Blacklist

Dozens of Chinese firms added to US export blacklist, in order to hamper Beijing’s AI and computing initiatives This article has been indexed from Silicon UK Read the original article: US Adds 50 Chinese Firms To AI, Chip Blacklist