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China Blocks Meta Acquisition of Manus

China Blocks Meta Acquisition of Manus

The Chinese National Development and Reform Commission told Meta Platforms to cancel its $2 billion acquisition of agentic AI specialist Manus.

XR Market Grew 44.4 Percent in 2025

XR Market Grew 44.4 Percent in 2025

Global extended reality (XR) device shipments grew 44.4% year-over-year in 2025, driven primarily by the rapid adoption of smart glasses, according to IDC.

Omdia Raises 2026 Semiconductor Forecast to 62.7 Percent

Omdia Raises 2026 Semiconductor Forecast to 62.7 Percent

Omdia has significantly raised its semiconductor revenue forecast for 2026 to 62.7%, again reflecting unprecedented growth in DRAM and NAND driven by sustained demand and ongoing supply shortages expected to persist through the year.

Porsche Sells Its Bugatti Rimac Stake

Porsche Sells Its Bugatti Rimac Stake

Porsche has agreed to sell its equity stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm.