Shoppers hunting for the latest tech are facing a new reality: the components powering their favorite devices are getting more expensive, and those costs are being passed along at checkout. 

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LAGOS, July 7 (Reuters) – Nigerian President Bola Tinubu has directed the country’s competition regulator to investigate major technology companies over alleged anti-competitive practices and unauthorised use of news content, the Federal Competition and Consumer Protection Commission said late on Monday

Microsoft said Monday that it has eliminated about 4,800 roles, or 2.1% of its global workforce, adding to the string of AI-related layoffs hitting the tech world. The company said the roles being cut are “not being replaced by AI,” but acknowledged that “AI is changing how work gets done” and automating many everyday tasks

Artificial intelligence (AI) may be one of the best investing opportunities of our lifetimes. Several leading AI stocks have produced fivefold and tenfold returns over the past five years, but Sandisk’s (NASDAQ: SNDK) nearly 4,000% gain over the past year highlights the possibilities

So far, 2026 has been another year during which Wall Street was dominated by stocks in the artificial intelligence (AI) sector. However, the biggest winners were not the same old names from prior years. Companies in the memory chip space have soared, with stocks like Micron and Sandiskposting unbelievable gains