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Business

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AI memory boom pushes Micron into $1 trillion club
AI memory boom pushes Micron into $1 trillion club

NEW YORK CITY, New York: Micron Technology briefly crossed the US$1 trillion market value mark for the first time on May 26 as booming...

Rivals squeeze PayPal’s core online checkout business
Rivals squeeze PayPal’s core online checkout business

NEW YORK CITY, New York: PayPal, once the dominant name in online checkout, is facing mounting pressure from rivals as competition...

Jensen Huang says Nvidia still sees huge China demand
Jensen Huang says Nvidia still sees huge China demand

TAIPEI, Taiwan: Nvidia Chief Executive Officer Jensen Huang said on May 23 that China remains part of the company's projected US$200...

U.S. stocks end divided Tuesday in first trading day for week
U.S. stocks end divided Tuesday in first trading day for week

NEW YORK, New York - U.S. stocks returned from the long Memorial Day weekend with a split performance on Tuesday, as technology shares...

Huawei targets 1.4-nm chips by 2031 amid U.S. curbs
Huawei targets 1.4-nm chips by 2031 amid U.S. curbs

SHANGHAI/BEIJING, China: Huawei Technologies said on May 25 that it plans to produce semiconductors with transistor density equivalent...

Uber considers sweeter offer for Delivery Hero after rejection
Uber considers sweeter offer for Delivery Hero after rejection

FRANKFURT/MILAN: Delivery Hero shares surged to their highest level in 18 months on May 25 after a report said Uber was considering...

California

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Shein to buy Everlane in push beyond fast-fashion image
Shein to buy Everlane in push beyond fast-fashion image

SAN FRANCISCO, California: Online fashion giant Shein has agreed to acquire U.S. apparel retailer Everlane, a brand known for its focus...

Gabbard steps down citing husband’s cancer diagnosis
Gabbard steps down citing husband’s cancer diagnosis

WASHINGTON, D.C: Tulsi Gabbard announced on May 22 that she will step down as U.S. director of national intelligence, saying she wants...

Report: 49ers revise QB Mac Jones' 2026 contract
Report: 49ers revise QB Mac Jones' 2026 contract

(Photo credit: Cary Edmondson-Imagn Images) The San Francisco 49ers and backup quarterback Mac Jones agreed to a revised contract...

Dodgers' Shohei Ohtani sets sights on Tomoyuki Sugano, Rockies
Dodgers' Shohei Ohtani sets sights on Tomoyuki Sugano, Rockies

(Photo credit: Jayne Kamin-Oncea-Imagn Images) A pair of baseball heroes in their native Japan will face off Wednesday when the Colorado...

Dodgers' Shohei Ohtani set sights on Tomoyuki Sugano, Rockies
Dodgers' Shohei Ohtani set sights on Tomoyuki Sugano, Rockies

(Photo credit: Jayne Kamin-Oncea-Imagn Images) A pair of baseball heroes in their native Japan will face off Wednesday when the Colorado...

Rangers' Jacob deGrom faces Astros in search of 100th career win
Rangers' Jacob deGrom faces Astros in search of 100th career win

(Photo credit: Jayne Kamin-Oncea-Imagn Images) Texas Rangers pitcher Jacob deGrom looks to bounce back from a pair of rough starts...