HP fined $4 million for fake discounts
Maker of expensive printer ink admits nothing
The maker of expensive printer ink, HP Inc. is forking out $4 million after getting caught using bogus discounts and phoney scarcity tactics on its website to flog PCs and accessories.
Nvidia’s loses $250 billion
Analysts look down the back of the sofa
Nvidia’s stock has been in freefall, shedding more than $250 billion in market cap this week after it revealed a $5.5 billion charge tied to US export restrictions on its H20 AI chips to China.
Seventh straight quarter of decline as punters pick cheaper gear
The Fruity Cargo Cult Apple is finding out the hard way that what goes up must come down—especially in China. Its shiny iPhones are still losing traction, with shipments dropping nine per cent in the first quarter of 2025.
TSMC smashes Q1 targets
Smartphone slump no match for AI’s server appetite
TSMC has kicked off 2025 by smashing revenue targets, thanks to ravenous demand for AI silicon—even as mobile chip orders fell flat.
Google’s ad racket faces federal hammering
Judge calls monopoly move illegal
A federal judge has torn into Google’s ad tech stranglehold, ruling the company illegally built monopoly power that let it hike prices and pocket fat margins on web advertising.