Tech stories by GGD News

Tesla Market Value Slips Below $1 Trillion as Europe Sales Sink
A quick unwind in the shares of Tesla Inc. pushed the electric-vehicle maker’s market capitalization below the coveted $1 trillion-mark on Tuesday, amid reports of a stark slowdown in car sales in Europe.

Trump Team Seeks to Toughen Biden’s Chip Controls Over China
Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under Joe Biden to limit Beijing’s technological prowess.

European Tech Sector Sees Unexpected Rebound on AI Windfall
European technology giants are exceeding expectations this quarter, joining financial and health-care companies as one of the reporting season’s best-performing segments.

Apple Abandons Budget Smartphone Market With the iPhone 16e
Last week, Apple introduced the long-awaited successor to the iPhone SE: the iPhone 16e. In doing so, it all but abandoned the budget smartphone market. Also: The company prepares to launch the M4 MacBook Air and confirms that Apple Intelligence is coming to the Vision Pro. Plus, startup Humane sells itself to HP and shuts down the Ai Pin, and we have an inside look at Apple’s plan to merge its new modem component with the main chips in its devices.

Bangladesh Leader Invites Musk to Visit, Launch Starlink Service
Bangladesh’s interim leader, Muhammad Yunus, invited SpaceX Chief Executive Officer Elon Musk to visit the country and launch his Starlink satellite internet service there.

WiseTech Board Quits as Founder Wins Power Struggle
WiseTech Global Ltd.’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every board member quit in a disagreement over the billionaire’s role at the company. The shares slumped.

Intel Shares Surge on Breakup Speculation
Intel Corp. gained as much as 11% on speculation that the iconic chipmaker could be broken up in a deal involving Taiwan Semiconductor Manufacturing Co. and Broadcom Inc.

Ribbit Leads $50 Million Investment in Crypto Security Platform
Crypto security firm Blockaid has secured fresh funding as the platform gears up to tackle rising cyber-crime risks in the digital-asset space.

WhatsApp Faces Tougher EU Rules as Users Top 45 Million
Meta Platforms Inc.’s messaging service WhatsApp reached a crucial user milestone likely to bind it to more stringent rules under the European Union’s Digital Services Act.

Cisco and IBM Show How Old-School Tech Names Can Stay Winning
While many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are drawing renewed attention.