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Technology • Big Tech
Key Takeaways STMicroelectronics expects data center revenue to exceed $1 billion in 2026 and rise to well above $2 billion in 2027. The company is benefiting from growing AI infrastructure demand, particularly across optical connectivity, power conversion and control technologies. STMicroelectronics CFO Lorenzo Grandi is scheduled to discuss the company’s strategy at Citi’s Global TMT.
Technology
VodafoneThree has introduced Vodafone SuperMobile and announced Vodafone TV for October availability in the UK. SuperMobile offers access to its 5G+ FastTrack network, a 15 Mbps minimum-speed guarantee under specified conditions and security features, while Vodafone TV combines live TV, streaming, gaming and apps.
Technology
Apple says John Ternus will become chief executive on September 1, 2026, while Tim Cook will move to executive chairman. The planned transition would put Apple’s hardware engineering chief in the CEO role and make Arthur Levinson lead independent director.
Technology
TCL North America says it has filed a federal false-advertising lawsuit against Samsung Electronics America, alleging that Samsung marketed M Model televisions as Mini LED products despite lacking the technology. TCL seeks to bar that marketing and recover compensatory damages.
Technology
Fervo Energy and Google have signed a 396-MW power purchase agreement for Fervo’s Cape Station enhanced geothermal project in Utah, which Fervo expects to come online in 2028. Google also has an option to add about 600 MW of offtake by June 2030.
Technology
Apple may soon update its Maps service to show Lake Ontario as “Lake America” for U.S. users after President Donald Trump contacted the company, according to U.S. Interior Secretary Doug Burgum. The executive order itself applies to U.S. federal naming and maps.
Technology
Key Takeaways Xanadu's updated roadmap targets up to 200 logical qubits by 2029, 500 by 2030 and more than 1,000 by 2031. The company is targeting a fault tolerance milestone in 2028 2029 and a quantum data centre in 2029 2030. Xanadu is also expanding PennyLane, its open source quantum computing software platform, as part.
Technology
MIT professors Dennis Whyte and Andrew W. Lo, with collaborators, have proposed a 10-parameter framework for testing whether fusion power plants could earn a net-positive economic return. Published open access in the Journal of Fusion Energy, the study connects plant physics and engineering to construction costs, component durability, conversion efficiency, and returns in energy markets.
