Technology 5 March 2026 - 6 March 2026

Intel under fire: US senators question chip-tool tests tied to China-linked ACM Research
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Intel under fire: US senators question chip-tool tests tied to China-linked ACM Research

U.S. senators pressed Intel CEO Lip-Bu Tan for details on tests of ACM Research chipmaking tools, citing national security concerns. Intel said ACM tools are not used in its production processes and that it complies with U.S. law. Lawmakers asked Intel to confirm by March 20 it would not use equipment from firms with Entity-Listed affiliates without government approval. ACM Research did not immediately comment.
March 6, 2026
Nvidia halts China H200 chip output as U.S. weighs tougher AI export rules
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Nvidia halts China H200 chip output as U.S. weighs tougher AI export rules

Nvidia has halted production of its H200 AI chips for China and shifted capacity to its next-generation Vera Rubin platform, the Financial Times reported. The move comes as U.S. officials weigh tighter export controls on AI chips. Nvidia recently disclosed it received licenses to ship only small amounts of H200 chips to China. TSMC declined to comment; Nvidia did not respond to requests for comment.
March 6, 2026
GoDaddy Stock Jumps 5% as Investors Reassess AI Push After Weak 2026 Forecast
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GoDaddy Stock Jumps 5% as Investors Reassess AI Push After Weak 2026 Forecast

GoDaddy shares rose 5.04% to $93.13 Thursday after reporting 2025 revenue of $4.95 billion, up 8.3%, and free cash flow of $1.61 billion, up 19%. The company highlighted growth in its AI platform Airo.ai and launched new security tools ahead of SSL rule changes. Analysts at Barclays and Wells Fargo cut price targets after GoDaddy’s 2026 revenue forecast missed expectations.
March 6, 2026
Oracle layoffs: thousands of jobs at risk as AI data-center costs climb
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Oracle layoffs: thousands of jobs at risk as AI data-center costs climb

Oracle plans to cut thousands of jobs amid a cash crunch linked to its AI data center expansion, Bloomberg reported; Oracle declined to comment. Layoffs could begin this month and affect multiple divisions. The company also launched an AI safety tool for construction firms this week. Oracle shares closed at $154.79, up 1.59%, ahead of next week’s quarterly results.
March 6, 2026
Why Applied Materials (AMAT) Stock Is Sliding Even as AI Chip Spending Stays Hot
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Why Applied Materials (AMAT) Stock Is Sliding Even as AI Chip Spending Stays Hot

Applied Materials shares fell 3.1% Thursday to $346.53, now down 12.5% from a Feb. 25 high after an AI-fueled rally. The company recently settled U.S. allegations of illegal exports to China for $252 million and warned that tighter export controls will further cut China sales in 2026. Applied had forecast strong second-quarter sales driven by AI demand. China revenue share has dropped from nearly 40% to the mid-20% range.
March 6, 2026
Coles Group Ltd Faces Fresh Pricing Scrutiny as Digital Shelf-Label Trial Raises Dynamic Pricing Questions
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Coles Group Ltd Faces Fresh Pricing Scrutiny as Digital Shelf-Label Trial Raises Dynamic Pricing Questions

Coles is under scrutiny after confirming digital shelf labels remain on trial in 11 stores, without ruling out future dynamic pricing. The ACCC says dynamic pricing is legal if shoppers are informed, but new rules from July 1 will ban excessive grocery markups for large supermarkets. Coles recently reported a first-half net profit of A$511 million, down 11.3%. The company is also in Federal Court over alleged misleading discount claims.
March 6, 2026
DroneShield Flags Staff Selling After 1.3 Million New Shares Hit ASX
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DroneShield Flags Staff Selling After 1.3 Million New Shares Hit ASX

DroneShield has issued 1.335 million new shares after staff exercised options, raising its total to 922.2 million ordinary shares. Some employees are expected to sell, with the new shares not subject to lock-up. The move follows last year’s insider selldowns and new board trading rules. The company recently reported 2025 revenue up 276% to A$216.5 million and disclosed six contracts worth A$21.7 million.
March 6, 2026
Telstra Group Limited becomes first Australian telco live with anti-fraud APIs as Optus joins, TPG waits
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Telstra Group Limited becomes first Australian telco live with anti-fraud APIs as Optus joins, TPG waits

Telstra has launched GSMA Open Gateway anti-fraud APIs, starting with Number Verification, becoming the first Australian carrier to do so. Optus is collaborating with Telstra on network APIs, while TPG is not yet participating. Telstra reported a 9.4% rise in first-half profit to A$1.12 billion and will pay a 10.5 cent interim dividend on March 27.
March 6, 2026
Macquarie Rolls Out PayID on DEFT, Taking Aim at Rent Fees as NSW Rules Tighten
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Macquarie Rolls Out PayID on DEFT, Taking Aim at Rent Fees as NSW Rules Tighten

Macquarie Bank has added PayID to its DEFT payments platform, letting tenants pay rent in near real time without third-party fees. The move comes days after New South Wales banned landlords from forcing tenants onto specific apps and required a free electronic payment option. DEFT serves over 1,200 agencies and processes 1.2 million rental payments monthly. Macquarie says most DEFT reference numbers are being auto-enrolled for PayID.
March 6, 2026
ServiceNow stock jumps after new EmployeeWorks, Autonomous Workforce push into government AI
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ServiceNow stock jumps after new EmployeeWorks, Autonomous Workforce push into government AI

ServiceNow launched EmployeeWorks and an Autonomous Workforce suite for public sector clients, introducing its first Level 1 IT service desk AI specialist in controlled release. Shares climbed 5.8% to $120.38 after the announcement. The new tools target government agencies seeking to automate service desks and HR tasks. Broader rollout of the AI specialist is expected in Q2.
March 6, 2026
Booking Holdings stock jumps as OpenAI backs away from ChatGPT travel checkouts
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Booking Holdings stock jumps as OpenAI backs away from ChatGPT travel checkouts

Booking Holdings shares jumped 8% after reports said OpenAI is scaling back direct travel bookings in ChatGPT, easing fears of AI bypassing online travel agencies. Expedia rose over 12% and Tripadvisor gained 5%. U.S. lawmakers pressed Booking.com and others for details on AI-driven “surveillance pricing.” Booking’s CFO said traffic from AI chatbots remains small.
March 6, 2026
Alphabet Stock Today: GOOG Cuts Google Play Fees as Epic Deal Rewrites Android Rules
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Alphabet Stock Today: GOOG Cuts Google Play Fees as Epic Deal Rewrites Android Rules

Google will cut Play Store fees, expand billing options, and ease access for rival app stores under a new policy resolving its global dispute with Epic Games. Developers can use their own billing or direct users to external sites, with new fees starting at 20% for new installs and 10% for subscriptions. The changes roll out by June 30 in the U.S., U.K., and EEA, and globally by September 2027. Alphabet shares fell 0.8% to $300.91.
March 5, 2026
Microsoft Lands Codelco AI Mining Deal as Investors Demand Payoff From Big AI Spend
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Microsoft Lands Codelco AI Mining Deal as Investors Demand Payoff From Big AI Spend

Microsoft signed an 18-month agreement with Chile’s Codelco to test AI, analytics, automation, and digital security in mining operations. The deal comes as Microsoft faces scrutiny over AI’s power demands and rising infrastructure costs. Codelco aims to boost productivity amid declining ore grades and project delays. Microsoft’s shares fell 10% after January results despite heavy AI investment.
March 5, 2026
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