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Tech Across the Globe

Huawei’s new software: The Chinese company unveiled its first in-house operating system for PCs, offering an alternative to US products as China seeks to replace American technology.

Microsoft welcomes Grok: The software giant said it’s adding Grok 3, an artificial intelligence model from Elon Musk’s xAI, to its cloud enterprise marketplace.

UK Legal Aid hack: In the latest cyberattack to target the UK government and affiliated agencies, hackers have stolen a “significant amount of personal data,” possibly including dates of birth and financial information, from people who received legal aid across England and Wales.

Revalued

Data security business Cyera is set to be valued at $6 billion — almost double its value from late in 2024 — in a new $500 million investment round. Lightspeed, Greenoaks and Georgian led the round for the company, which was founded in 2021, with participation from existing investors Accel, Sequoia Capital and Sapphire Ventures.

Must Read

Nvidia Corp. Chief Executive Officer Jensen Huang is treated as more than a successful corporate executive in his birthplace of Taiwan. The CEO, whose public profile has grown as the value of his company has skyrocketed, is fielding questions usually thrown at global diplomats while he attends the annual Computex electronics convention there, Vlad Savov reports in today’s Tech In Depth.

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This Week in Power On

A federal judge’s decision siding with Epic Games in a lawsuit against Apple has upended the iPhone maker’s App Store business, Mark Gurman writes in this week’s Power On. The case puts Apple at risk of losing $20 billion in annual sales and comes as a different federal judge considers ending the company’s deal with Google on web browsers — another potential $20 billion revenue hit, he writes.

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