IBM cuts revenue forecast due to hardware demand shift
Tech giant IBM has revised its full-year revenue growth expectations, citing a shift in client spending towards scarce hardware and away from software deals.
Tuesday, September 1, 2026
News in Brief
Short updates, all on one page — read straight down like a newspaper.
Xbox Launches Ad-Supported Cloud Gaming Test
Xbox is rolling out a voluntary test for ad-supported cloud gaming to its Xbox Insiders community, allowing members to try the free, ad-supported experience via selected games they already own.
France to name new Les Bleus coach on July 28
The French Football Federation will unveil France's new national team coach at a news conference on Tuesday, July 28. Zinedine Zidane is expected to replace Didier Deschamps.
Pink Lake’s Salt Trade Revives After Flood Recovery
Salt harvesters in Senegal are resuming their work as the famous Pink Lake slowly recovers from flooding that nearly destroyed its ecosystem and local economy four years ago.
US threatens Houthi rebels over Red Sea attacks
US President Donald Trump has warned Yemen's Houthi rebels of 'major military punishment' following missile and drone strikes on oil tankers in the Red Sea.
Youth Programme Chief Addresses Ceremony in Chicago
Rana Mashood Ahmed Khan, Chairman of the Prime Minister’s Youth Programme, addressed a youth engagement ceremony in Chicago.
STMicroelectronics aims for AI data center revenue over $1 billion by 2026
STMicroelectronics has raised its revenue ambition for the AI data center market, aiming to exceed US$1 billion in 2026 and surpass US$2 billion in 2027.
Gulf oil producers invest in alternative routes
Gulf oil producers are investing billions of dollars to build pipelines that bypass the Strait of Hormuz, amid ongoing concerns over Iran's control of the waterway.
Japan allocates JPY370 trillion for AI and semiconductor strategy
Japanese government has approved a $2.3 trillion investment in artificial intelligence, semiconductors, and strategic industries over the next two decades.
South Korean president to meet Nvidia and OpenAI CEOs
South Korean President Jae-Myung Lee will meet with Nvidia CEO Jensen Huang during his economic diplomacy tour focused on AI and advanced industries.
Samsung establishes robotics unit under CEO
Samsung Electronics has created a robotics business unit reporting directly to its chief executive, focusing on strategy, technology development, data collection and factory deployment.
NBP announces new exchange rates
The National Bank of Pakistan (NBP) has issued updated exchange rates as of Thursday, according to the Associated Press Of Pakistan.
SK Hynix speeds up P&T7 cleanroom rollout
SK Hynix's board approved KRW 7.09 trillion for the accelerated construction of its P&T7 advanced packaging plant in Cheongju, South Korea, while maintaining an overall budget of KRW19 trillion.
SpaceX’s PCB ambitions unlikely to affect Taiwan suppliers
Industry experts believe SpaceX’s in-house production of printed circuit boards will not significantly impact existing Taiwanese suppliers, according to reports.
Roche reports first-half sales decline due to strong Swiss franc
Swiss drugmaker Roche reported a fall in its first-half sales in Swiss franc terms, citing the impact of a strong domestic currency.
Apple’s foldable iPhone set for September launch
Supply-chain sources indicate that Apple is preparing to debut its first foldable iPhone at the company’s fall event in September 2026, alongside the iPhone 18 series. Foxconn is currently conducting final mass-production adjustments.
D-Link Secures Starlink Switch Contract Through 2027
Taiwanese networking equipment vendor D-Link has secured a sole-source contract to supply network switches for SpaceX's Starlink data-switching nodes, starting in September 2026 and lasting through 2027.
Foxconn subsidiary expands into EV charging equipment in Vietnam
Fulian Precision Technology Component, a Vietnamese subsidiary of Foxconn Industrial Internet, has added electric-vehicle charging equipment to its business lines, marking the company's first formal entry into EV infrastructure in the country.
Climate change increases Europe’s drought risk
Scientists warn that human-caused climate change is intensifying Europe’s drought by making extreme heat the primary driver of dry conditions.
PM mourns death of JI Secretary General Ameer-ul-Azeem
Prime Minister grieves over the passing of Jamaat-e-Islami's Secretary General, Ameer-ul-Azeem, describing him as a visionary politician.
Paying tribute to the deceased, he described the late Ameer-ul-Azeem as a visionary politician and said that his contributions to the politics would always be remembered.
Prime Minister
01.AI aims for Hong Kong IPO in 2027 with enterprise AI focus
01.AI, founded by former Google Greater China chief Lee Kai-fu, is targeting a Hong Kong initial public offering in 2027 after repositioning itself around enterprise decision-making AI tools.
Nvidia CEO says Taiwan chipmakers expanding in US by choice
Nvidia CEO Jensen Huang has stated that Taiwanese companies are expanding their presence in the United States voluntarily, not due to coercion, as part of reshaping global chip supply chains.
Taiwan's companies are expanding in the US by choice, not coercion.
Jensen Huang, Nvidia CEO
Alibaba expands AI empire into chips and memory
Alibaba is diversifying its AI portfolio by investing in chip and memory technologies, following renewed attention on CXMT's planned IPO on Shanghai's STAR Market.
Wistron executives dismiss AI demand bubble concerns
Wistron executives have stated that the rapid adoption of artificial intelligence (AI) technology is not a bubble, citing strong enterprise demand and expanding use cases as key drivers for growth.
Artificial intelligence may worry investors in global markets, but Wistron executives said the technology's rapid adoption suggests the opposite.
Wistron executives
Meta developing cost-aware AI model router
Meta Platforms is prototyping an internal AI model router that directs easy tasks to cheaper models, signaling a shift towards cost-conscious AI infrastructure.
Tesla sets new sales record but faces profit challenges
Tesla reported its best second quarter vehicle sales in history on July 22, but operating margins remain thin and cash flow is negative.
AMD secures Anthropic as third major AI customer
Advanced Micro Devices has signed Anthropic to a multi-year supply-and-investment pact worth tens of billions of US dollars, marking its third top-tier artificial-intelligence customer in a year and challenging Nvidia's dominance in the market for AI training hardware.
YouTube Ad Revenue Surges 13% to $11 Billion in Q2
YouTube reported ad sales of $11.06 billion for the second quarter of 2026, a 12.6% increase from the same period last year and exceeding analysts' expectations.
WHO warns Ebola outbreak in Congo could be much larger
The World Health Organization reports that the actual scale of the Ebola outbreak in Congo may be two to four times greater than official figures suggest.
Fox Sports CEO Sees Future for Hydration Breaks in TV Sports
Fox Sports CEO Eric Shanks suggests that hydration breaks could become a feature in future sports broadcasts, despite the conclusion of the World Cup.
Hydration breaks could be something we see in the future.
Eric Shanks, Fox Sports CEO