Breaking News: Technology
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Finance News
Microsoft CEO testifies about competing with Google in antitrust trial
Microsoft CEO Satya Nadella arrives at federal court on October 2, 2023 in Washington, DC. Nadella is testifying in the…
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Finance News
Bill Ackman would ‘absolutely’ do a deal with X with his new SPARC
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam…
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How GlobalFoundries aims to remain world’s third-biggest chip foundry
In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York,…
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Apple will issue a software update to address iPhone 15 overheating complaints
Apple CEO Tim Cook greets customers purchasing Apple’s new iPhone 15 during a launch event at the Fifth Avenue Apple…
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Blue Apron to be acquired by Wonder Group for $103 million
Scott Eisen | Getty Images News | Getty Images Meal kit business Blue Apron announced Friday it has agreed to…
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TikTok’s Southeast Asia ambitions take a major hit with Indonesia ban
TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be…
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Blue Origin, Sierra Space Orbital Reef space station in limbo
A rendering of the “Orbital Reef” space station in orbit. Blue Origin The Orbital Reef space station partnership between Jeff…
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AMD stock pops after Microsoft CTO touts chipmaker’s AI products
Lisa Su, CEO, AMD Scott Mlyn | CNBC Shares of AMD rose 5% on Thursday, a day after Microsoft’s technology…
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How Chinese companies are supporting Russia’s military
China is playing an increasingly critical role in supplementing Russia’s war-torn economy and boosting its military capabilities, according to a…
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SpaceX wins first Pentagon contract for Starshield
An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX The Pentagon has awarded…
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Meta announces new Quest 3 VR headset as Apple competition looms
Meta announced Quest 3, a sequel to the best-selling VR headset of all time, on Thursday. The device, starting at…
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Alibaba plans to IPO its logistics unit Cainiao
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song |…
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EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the…
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Scooter company Bird delisted from NYSE, will trade over the counter
Woman rides a Bird e-scooter in southern California. Bird, a provider of electric scooters that consumers can rent in cities,…
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UK regulator says it may clear Microsoft’s new Activision Blizzard takeover offer
Microsoft submitted a new proposal to U.K. regulators for the takeover of American game publisher Activision Blizzard after its initial…
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Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the…
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Finance News
Cisco acquiring cybersecurity company Splunk in cash deal worth $28 billion
This is breaking news. Please check back for updates. Gary Steele, CEO, Splunk. Scott Mlyn | CNBC Cisco said it…
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Chinese electric car maker Nio releases an Android smartphone
Chinese electric vehicle maker Nio launches a smartphone at an event in Shanghai on Sept. 21, 2023. Evelyn Cheng |…
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SBF’s parents sued by FTX for millions in ‘misappropriated funds’
Barbara Fried, mother of Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, leaves the courthouse, after U.S judge revoked…
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Finance News
China VCs have a big problem, it’s not just tepid U.S. investor sentiment
Pictured here is Shenzhen in southern China. The city is sometimes considered China’s Silicon Valley. Nurphoto | Nurphoto | Getty…
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Salesforce is luring ‘boomerangs’ to reaccelerate growth
Marc Benioff, chief executive officer of Salesforce.com Inc., right, greets attendees after a keynote at the company’s Dreamforce conference in…
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Agility Robotics is opening a humanoid robot factory
Agility Robotics humanoid robot, Digit. Courtesy: Agility Robotics Agility Robotics is wrapping up construction of a factory in Salem, Oregon,…
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Erdogan invites Elon Musk to build his next Tesla factory in Turkey
Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on…
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Rimac Nevera EV review: Powerful, easy to drive
MALIBU, California – The most amazing thing about the $2.1 million Rimac Nevera is how easy it is to just…
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Sequoia, Andreessen set to take massive hit on 2021 Instacart investment
Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit…
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Finance News
Sequoia and Andreessen get hosed on their 2021 Instacart investment
Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit…
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Finance News
Caesars paid millions in ransom to cybercrime group prior to MGM hack
The exterior of Caesars Palace Hotel and Casino in Las Vegas, May 29, 2017. George Rose | Getty Images Days…
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Ripple says it will fight the SEC lawsuit ‘all the way through’
In 2020, the U.S. SEC accused Ripple and its co-founders of breaching securities laws by selling its native cryptocurrency XRP…
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SpaceX near rocket market monopoly is ‘huge concern:’ Lazard banker
Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business…
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Finance News
‘Companies are daring employees to quit’
The return-to-office debate sees no end in sight as companies grapple with mandates and the employee backlash that follows. While…
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