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ASML will give every employee a €20,000 bonus as AI demand drives record sales

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ASML will give all employees globally a one-time €20,000 ($22,862) share award, the company confirmed on Friday. The bonus vests on January 1, 2030, for staff who remain with the company for the entire period. About 45,000 people work at Europe’s most valuable company. The payout joins a wave of AI-boom bonuses across the chip […]

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The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres

Artificial Intelligence, Asia, Business, China, Deep tech, Digital Marketing, SEO Tips, Technology /

While attention fixes on Nvidia and the AI models, the companies quietly wiring the data centres together are booming. Eoptolink, a Chinese maker of high-speed optical transceivers, has filed for a Hong Kong listing that could raise up to $5bn, Bloomberg reports. The plan is a secondary listing on top of its existing Shenzhen shares. It […]

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Trump is selling high-speed access to his market-moving Truth Social posts

Business, Digital Marketing, News, Policy, Politics, SEO Tips, social media, Technology /
Trump Media, the company behind Truth Social, is selling Wall Street faster access to the “most market-moving” posts on the US President’s social media platform. On Thursday, Trump Media announced plans to launch “Truth API,” a licensed real time data feed for businesses that provides “the fastest access to Truth Social’s most influential accounts.” It […]

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Airbus is moving its most critical apps off AWS to a French cloud

Amazon, Business, Data and security, Digital Marketing, Europe, Government and policy, SEO Tips, Technology /

Airbus is pulling some of its most sensitive systems off Amazon Web Services and onto a European cloud. The aerospace group has picked French provider Scaleway to host them, Scaleway said. The move covers the applications Airbus needs to keep running as a “minimum viable company.” That is about 900 apps, starting with 70 now […]

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Coca-Cola halted fairlife’s US production after a ransomware attack

Business, Data and security, Digital Marketing, Security, SEO Tips, Technology, United States /

Coca-Cola says its fairlife dairy unit was hit by ransomware, and has suspended all US production while it investigates. A ransomware attack has stopped production at one of Coca-Cola’s biggest dairy brands. The company said fairlife found unauthorised access to part of its systems, including production systems, in a statement. Coca-Cola disclosed the breach to […]

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SoftBank lines up a new $60bn bond to keep its OpenAI bet funded

Business, Digital Marketing, Next Featured, OpenAI, SEO Tips, Technology /

Sixty billion dollars is a lot of bond, even by SoftBank Group’s standards. The Japanese conglomerate is reportedly preparing to raise up to that much in fresh debt, according to Bloomberg, a target that would eclipse anything Masayoshi Son’s firm has sold before and that lands squarely behind its swelling bet on OpenAI. The plan […]

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Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba

Asia, Business, Digital Marketing, SEO Tips, Technology /

Japan’s three biggest power-chip makers want to become one company, and the wiring is proving harder to rearrange than the ambition. Mitsubishi Electric is exploring a combination of its power-semiconductor operations with those of Rohm and Toshiba, according to people familiar with the matter cited by Bloomberg. The talks are part of a wider scramble to […]

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Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks

Business, Digital Marketing, Next Featured, SEO Tips, Technology /

$188bn is a large number for a company that keeps insisting it is in no rush to go public. That is the valuation Databricks has reached in a new funding round led by Coatue Management, a figure first reported by the Wall Street Journal. The mark sits well above the up-to-$175bn the firm was reportedly in […]

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