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Shares of ASML pushed the company’s market capitalisation past $500 billion for the first time on Thursday, after key customer TSMC announced a much larger-than-expected increase in capital spending to meet surging demand for AI chips. TSMC said it plans to spend between $52 billion and $56 billion in 2026, well above analysts’ expectations of […]
Nigeria has issued seven-year satellite permits to Kuiper Systems, Israel’s NSLComm (via BeetleSat) and Germany-based Satelio IoT Services, expanding the list of operators approved to provide space-based broadband in Africa’s largest telecoms market. The Nigerian Communications Commission said the licences were granted under its commercial satellite communications framework, aimed at attracting investment and accelerating next-generation […]
Japan has launched a probe into X and its AI chatbot Grok, becoming the latest country to scrutinise the service over the generation of inappropriate images linked to Elon Musk. Economic Security Minister Kimi Onoda said the Cabinet Office has asked X to implement immediate improvements but has yet to receive a response. She warned […]