Technology Companies

Ongoing coverage of the latest news and developments from technology companies around the world

59 Articles

Technology Companies

Apple increases its R&D spending by more than $11 billion in 2026

Apple recorded a record increase in its research and development budget during its 2026 fiscal year, reaching $45.77 billion, driven mainly by intensive investments in artificial intelligence technologies.

2026-11-03

Technology Companies

Apple Records Landmark iPhone Sales Despite Absence of Base Model in Recent Update

Apple achieved a record $57.58 billion in iPhone revenue in its fourth-quarter report, marking a 17 percent growth driven by higher-priced Pro models and rising costs.

2026-11-02

Technology Companies

Apple's Inventory Jumps 154% Amid Record Rise in Memory Chip Costs

Apple's inventory recorded a sharp increase to reach $14.5 billion, driven by the unprecedented surge in memory chip costs, amid expectations of continued price increases and pressure on profit margins.

2026-11-02

Technology Companies

Squarespace Cuts Workforce by 19% to Face the AI Website Building Boom

Squarespace announced the layoff of about 300 employees as part of a restructuring plan, amid a radical shift in the website building market driven by generative AI technologies.

2026-11-02

Technology Companies

John Ternus to Lead Apple's First Earnings Call as CEO

Apple's new CEO, John Ternus, is preparing to hold his first financial earnings call for the third quarter of 2026 alongside CFO Kevan Parekh, amidst a review of recent product launches.

2026-11-02

Technology Companies

Apple in Q4 2026: Memory Challenges, Services Growth, and John Ternus's CEO Debut

Apple reviewed its Q4 2026 financial results, recording record revenues and services numbers while facing supply chain challenges and rising memory costs.

2026-11-02

Technology Companies

OpenAI cuts its funding round target to $20 billion and adjusts its valuation

OpenAI has lowered its current funding round target to $20 billion and its valuation to $1.25 trillion amid a slight decline in investor appetite for the artificial intelligence sector.

2026-11-02

Technology Companies

Panasonic Holdings to Inject Massive Investments into AI Data Centers by 2028

Panasonic Holdings has announced a strategic investment plan worth 75 billion yen to strengthen its infrastructure in the AI data center sector, with a focus on advanced energy technologies.

2026-11-02

Technology Companies

Noventiq Aims to Transform Egypt into a Global Hub for IT Services

Noventiq plans to increase its investments in Egypt to become one of the top 12 global centers for its technology services, with a focus on artificial intelligence, cloud computing, and cybersecurity.

2026-11-01

Technology Companies

Amazon CEO Predicts AI Market to Stabilize Around 6 to 8 Major Models

Andy Jassy, CEO of Amazon, predicted that the market for large language models will move towards a competitive plurality featuring around six to eight models sufficient for most corporate tasks, highlighting the role of the Amazon Bedrock platform in unifying access to them.

2026-10-31

Technology Companies

Turkey and Kazakhstan Strengthen Technological and Defense Cooperation Through Advanced Local Partnerships

Technological and defense partnerships between Turkey and Kazakhstan are expanding through joint projects led by major companies such as ASELSAN, TUSAŞ, and Otokar to localize the production of electro-optical systems, drones, and armored vehicles.

2026-10-31

Technology Companies

A Shift in Power Dynamics: Memory Suppliers Regain Control Over Apple Thanks to the AI Data Center Boom

Apple is facing a radical shift in its relationship with storage and memory chip suppliers, having lost its previous negotiating dominance to massive AI-consuming data center companies, forcing it to raise product prices and absorb a decline in upgrade profit margins.

2026-10-30

Technology Companies

DoorDash: The use of external AI agents in food ordering remains extremely limited

DoorDash revealed that the use of external AI agents for food ordering is still at its minimum, achieving only hundreds of orders so far compared to a billion total orders.

2026-10-30

Technology Companies

Amazon: Record Growth in AWS Driven by AI and Infrastructure Expansion

Amazon announced a 39.3% revenue growth for AWS in the third quarter of 2026, with accelerating demand for AI services and expanded technical capabilities.

2026-10-30

Technology Companies

Vodafone Prepares for the Era of Self-Operating Networks and Artificial Intelligence

Global telecom group Vodafone is preparing to adopt standalone 5G networks and self-operating networks, driven by artificial intelligence applications to ensure the transition toward a more flexible telecom infrastructure and proactive fault prevention.

2026-10-30

Technology Companies

Ahmed Khalil: Raya Group grows 25-fold in 6 years and targets expansion in data centers and artificial intelligence

Ahmed Khalil, CEO of Raya Holding, revealed that the company's business volume grew 25-fold between 2020 and 2026, with strategic plans focusing on data centers, artificial intelligence, and linking growth to sustainable profitability.

2026-10-30

Technology Companies

GitHub rebuilds its infrastructure for the smart agent era and dismisses competitor threats

During its annual conference, GitHub announced radical updates to its infrastructure to support the smart agent era, affirming its confidence in market leadership despite the emergence of new competitors.

2026-10-29

Technology Companies

Google Admits Decline in AI-Powered Search Revenue and Plans to Increase Ads

Google's Q3 2026 financial results revealed challenges in generating profits from AI-powered search, prompting the company to increase ad density to bridge the financial gap.

2026-10-29