Latest in Tech: Jun 26 (5 stories)
Friday, 26 Jun 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Fri 26th June 2026
The U.S. government is investing $250 million in I-Pulse Inc., a startup co-founded by billionaire Robert Friedland, to bolster domestic semiconductor production and reduce reliance on foreign supply chains. This funding is a significant step in enhancing the U.S. chip-making capabilities amid global shortages.
In tech advancements, IBM has introduced the world's first sub-1 nanometer chip technology, boosting its stock in premarket trading. This innovation could redefine computing power and efficiency, marking a pivotal moment in semiconductor development.
Meanwhile, Apple has raised prices across its product range, including Macs and iPads, in response to a severe shortage of memory chips and storage. This move reflects the ongoing challenges in the supply chain and may impact consumer purchasing decisions.
Sonos has announced a 3% workforce reduction across its user experience and product teams, aiming to streamline operations for greater efficiency. This decision underscores the company's efforts to adapt to market pressures and optimize its organizational structure.
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US Invests $250 Million in Billionaire’s Startup for Chip Making
Bloomberg Technology 25 Jun 2026, 7:39pmI-Pulse Inc. will receive $250 million in US funding for semiconductor and pulsed-power development as the venture co-founded by Robert Friedland joins American efforts to reduce reliance on foreign-chip supply chains.
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IBM Rallies on New Chip; McCormick Moves on Guidance | Stock Movers
Bloomberg Technology 25 Jun 2026, 3:55pmOn this episode of Stock Movers: - IBM (IBM) shares gained in premarket trading on Thursday after the technology giant unveiled the world’s first sub-1 nanometer (nm) chip technology. - McCormick (MKC) is moving after it reported second-quarter profit that beat estimates, buoyed by higher prices and a tariff refund, and reaffirmed its full-year guidance. - Darden Restaurants (DRI) shares fell after its same-store sales at Olive Garden trailed expectations, raising questions about demand at the company’s largest chain and overshadowing better-than-expected earnings. (Source: Bloomberg)
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Apple's Sweeping Price Hikes Hit iPads and Macs
Bloomberg Technology 25 Jun 2026, 5:36pmApple shares fell after it raised prices of all Macs, iPads, home devices and the Vision Pro on Thursday, seeking to offset cost hikes caused by an unprecedented shortage of memory chips and storage. Ed Ludlow explains. (Source: Bloomberg)
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Apple Hikes Prices to Counter Memory Shortages
Bloomberg Technology 25 Jun 2026, 5:33pmApple raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. Bloomberg's consumer tech lead Mark Gurman joins Ed Ludlow on "Bloomberg Tech." Correction: This video has been edited with an updated graphic which reflects the new price of the iPad Pro is $1,199. (Source: Bloomberg)
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Sonos Cuts 3% of Staff Across User Experience, Product Teams
Bloomberg Technology 25 Jun 2026, 3:21pmSonos Inc. made cuts across its user experience, product and design teams, citing a need to streamline the organization and operate more efficiently.