Arm Ltd., a subsidiary of SoftBank, is reportedly working on developing a new, more advanced semiconductor chip with the help of manufacturing partners. The company has formed a solutions engineering team to lead the development of prototype chips for various electronic devices, but there are currently no plans to sell or license the product.
Seagate has been fined $300M by the U.S. Department of Commerce for selling storage to Huawei, violating U.S. Export Administration Regulations. The settlement has resulted in Seagate's third consecutive quarter of shrinking profitability and a significant drop in the company's share price.
Google announced that Bard can now function as a programming assistant, helping with tasks such as code generation and debugging for more than 20 programming languages. The company warned Bard's responses should always be double-checked and code reviewed for errors and vulnerabilities.
Quanta Computer Inc., one of the largest makers of MacBooks, will invest $120M in a new factory in Vietnam. A timeline for the completion of the factory was not provided.
Software AG, a German software company, is being acquired by a private equity (P.E) firm, Silver Lake Management, at a 50% premium to last Friday’s closing share price. Software AG’s leadership believes the acquisition will "strengthen the company’s business and growth" and supports the takeover.
Amazon has introduced "Dialogue Boost" to Prime Video, a feature that uses AI to isolate and enhance dialogue in streaming videos for better audio clarity. Initially available on select Amazon Originals, the feature addresses the issue of muddled audio and varying audio experiences across different devices and setups.
Microsoft has been granted the final environmental permit to build two 36MW data centers, AMS13 and AMS14, in the Hollands Kroon area of the Netherlands, after a prolonged permitting process. The site will include 40 3.3MW backup generators and two 1MW backup generators.