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Roku to Join Fox Corp. in $22B Deal Strengthening Streaming and Data Strategy
Fox Corp. made its biggest move yet on June 15, 2026. Fox Corporation (Nasdaq: FOXA, FOX) and Roku, Inc. (Nasdaq: ROKU) announced a definitive agreement under which Fox will acquire Roku for $160.00 per share in a combination of cash and Fox Class A common stock, valuing Roku at approximately $22 billion in enterprise value….
AT&S Shares Surge 29% After Announcing Up to €2 Billion Malaysia Investment to Capitalize on AI Boom
AT&S shares don’t usually move 29% in a single session. This one deserved it. AT&S Austria Technologie & Systemtechnik (ETR: AUS) reached formal agreements with AMD and a second unnamed leading technology company. They want to expand production capacity for high-end IC substrates for AI and high-performance computing, with total investments of €1.5 to €2.0…
Powerfleet Shares Jump 7.5% as Fiscal 2027 Revenue Guidance of Up to $490 Million Tops Expectations Despite Earnings Miss
Powerfleet Shares surged around 7.5% in trading after the company delivered a mixed earnings report but surprised investors with strong forward guidance. The company projected fiscal 2027 revenue of up to $490 million, which came in above Wall Street expectations. Despite missing current earnings estimates, the strong long-term outlook shifted market sentiment sharply in favor…
India Stocks Close Higher as Nifty 50 Gains 0.98% and Sensex Rises 0.97%, Led by Trent and HDFC Life
India Stocks closed higher in a positive trading session as benchmark indices Nifty 50 and Sensex posted strong gains. The Nifty 50 rose by 0.98% while the Sensex climbed 0.97%, reflecting broad-based buying across sectors. The positive close in India Stocks was supported by strong performance in retail, insurance, and financial services companies. Investors showed…
UK PM Keir Starmer Proposes Social Media Ban for Under-16s, Sparking Tech Industry Backlash
On June 15, 2026, UK Prime Minister Keir Starmer announced plans to restrict social media access for children under 16, setting off a heated debate across the technology industry. The proposal is designed to address growing concerns about online safety, mental health, and harmful digital content. While many parents support stronger protections, major tech companies…
Apple Inc (AAPL) Stock Update: Shares Slip 1.52% as Siri AI Concerns Weigh on $4.3T Valuation
Apple Inc (AAPL Stock) came under mild pressure in recent trading sessions as shares slipped around 1.52%, reflecting growing investor caution around its artificial intelligence strategy. The decline may look small, but for a company valued near $4.3 trillion, even minor moves attract global attention. We from the market side are seeing a clear shift…
AI Layoffs Fuel Uncertainty as Nearly 120K Tech Jobs Vanish Across Major Firms
Tech layoffs in 2026 have moved well past the point of being called a blip. As of June 14, 2026, there have been 247 layoff events across the tech sector in 2026. This impacting 183,966 workers, averaging approximately 1,115 job losses per day. Of those events, 55% explicitly cited AI, automation, or machine learning as…
N-able Inc Expands Cybersecurity Workforce in India by 50% by 2026 to Tap AI Talent Pool
N-able Inc has announced a major expansion plan to increase its cybersecurity workforce in India by 50% by 2026. The move is part of the company’s long-term strategy to strengthen its global security operations and tap into India’s fast-growing pool of AI and technology talent. The decision highlights the rising importance of cybersecurity in a…
Up 0.69% on the FTSE 250, But This Tech Stock Still Trades Like It’s Invisible at £41
The FTSE 250 has shown a modest lift of around 0.69% in recent trading sessions, reflecting a cautious but stable mood across UK mid-cap stocks. However, not every stock is sharing the spotlight. One mid-cap technology stock is quietly standing out, but not in a good way. Despite operating in a growing digital sector and…