TNW News

Four guests, one question: when everyone has AI, what will actually make a SaaS company win? The panel on 3 June in Amsterdam will try to answer it. There is a moment, somewhere between the third and the fourth AI feature release of the quarter, when even the most enthusiastic founder begins to wonder whether […]

TNW News

The Space Data Network Backbone, built on Starshield satellites, is designed to link missile-defence sensors and interceptors in near real time. The US Space Force has awarded SpaceX a $2.29bn fixed-price contract to build the Space Data Network Backbone, a secure, high-speed satellite communications layer intended to underpin the Trump administration’s Golden Dome missile-defence initiative. […]

TNW News

Samsung Electronics will invest 39 trillion dong, or about $1.5bn, in a semiconductor testing plant in Vietnam, according to a document seen by Reuters on Wednesday. Construction has already begun in an industrial park 60 kilometres north of Hanoi, with operations scheduled to start in November 2027. The plant will be Samsung’s first dedicated chip-testing […]

TNW News : Business

A 10%+ surge in Seoul trading on Wednesday pushed the Korean memory firm past $1 trillion, making it the third chipmaker after Nvidia and TSMC to cross the line. SK Hynix’s market capitalisation pushed through $1 trillion in Seoul trading on Wednesday morning, on the back of a single-session rally of more than 10% that […]

TNW News

NVIDIA chief executive Jensen Huang told a Taipei audience at Computex 2026 on Wednesday that Taiwan is the “epicentre” of the AI revolution, and that the company’s annual spending on the island will reach roughly $150bn a year. The number, the highest specific Taiwan-spend figure Huang has yet disclosed publicly, makes Nvidia’s commitment to the […]

TNW News

The Tech Sovereignty Package arrives on Wednesday, but the EU is still arguing internally over what ‘digital sovereignty’ should actually require. The European Commission is preparing to publish its Tech Sovereignty Package on Wednesday afternoon, the most concentrated single attempt yet to reduce European reliance on American cloud, AI and chip infrastructure. The package, according […]

TNW News

The Dutch government has imposed a “complete prohibition” on the acquisition of Solvinity, a Dutch cloud provider, by Kyndryl, the American IT infrastructure company spun out of IBM in 2021. The deal, valued at roughly €100 million, would have given a US-headquartered firm control over the platform that runs DigiD, the digital identity system used […]

TNW News : Business

  Drew Houston, the co-founder who built Dropbox from a Y Combinator demo into a company with more than 700 million registered users, is stepping down as chief executive. Ashraf Alkarmi, Dropbox’s current head of product, has been named co-CEO effective immediately. After a transition period, Houston will become executive chairman and Alkarmi will take […]

TNW News

The proposal expected to be announced on Wednesday would leave Starlink and Amazon’s Kuiper able to bid only for the remaining third of the bloc’s 2 GHz mobile-satellite band. The European Commission is preparing to reserve two-thirds of the bloc’s future mobile-satellite-services spectrum for European operators, leaving Starlink, Amazon’s Project Kuiper and other non-EU companies […]

TNW News : Technology

Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Founders Fund, Kleiner Perkins, Franklin Templeton, Baillie Gifford, G Squared, and Bond. The funding doubles Stord’s valuation […]