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Qualcomm has announced a new $20 billion stock buyback program as the semiconductor company moves to support shareholder returns following a decline in its share price. The buyback comes amid market pressures tied to global memory shortages that are expected to slow smartphone production, affecting demand for mobile processors. In addition to the repurchase program, […]
Elon Musk’s artificial intelligence company xAI is facing a lawsuit in the United States alleging its Grok image generator enabled the creation of explicit content using real photos of individuals. The complaint was filed in federal court by three plaintiffs, including two minors, who claim the system allowed altered images based on their likeness to […]
Global smartphone shipments are expected to fall sharply in 2026, reaching their lowest level in more than a decade. Rising memory chip costs are driving up production expenses, forcing manufacturers to reconsider pricing strategies and product positioning. Lower-cost device makers are likely to be most affected as supply pressures reshape the competitive landscape. Premium brands […]