Tech Stocks Wobble Amid Sino-US Chip War
After word that the US proposed harsher export restrictions on advanced semiconductor technology to China, Asian chip stocks fell while…
Over 40% of Japanese Firms Lack AI Plans
A Reuters study revealed Thursday that nearly 25% of Japanese companies have adopted AI, while more than 40% have no plans to employ it…
Ukraine Speeds Up AI War Drones
A handful of Ukrainian entrepreneurs are creating AI systems to operate a massive fleet of drones, sending conflict into uncharted territory…
Nokia Profit Drops 32%, Demand Expected to Improve
On Thursday, Finnish telecom equipment company Nokia said that its second-quarter operating profit plummeted 32% due to sluggish 5G telecom…
Trump VP Pick Brings Silicon Valley Conservative to Ticket
On Tuesday, Silicon Valley conservatives were hopeful that Donald Trump’s running mate, J.D. Vance, would bring a fellow “tech…
Google-Backed GitLab, Explores Sale
After receiving purchase offers, GitLab, a U.S. cloud-based software development tool company backed by Alphabet, is considering a sale,…
UK Probes Microsoft’s Hiring of Ex-Inflection AI Staff
On Tuesday, Britain’s competition authority announced a formal probe into Microsoft’s hiring of former Inflection AI employees and…
Trump Backs TikTok Amid Potential US Ban
Republican presidential candidate Donald Trump supports TikTok despite a potential ban if ByteDance fails to sell its U.S. assets “I am…
Musk to Move SpaceX, X HQs to Texas Over California Law Frustration
On Tuesday, Elon Musk said that X and SpaceX will move their headquarters from California to Texas, citing a new gender-identity law as the…
Spot Ether ETFs Expected to Start Trading July 23
Three industry insiders reported that at least three of the eight asset managers seeking to create ether-linked exchange-traded funds to begin…
Musk Delays Robotaxi Unveiling for Design Change
Elon Musk said Monday that Tesla would take longer to launch its robotaxi so it could make a major design update to the front and “show…
Russia’s Kaspersky Labs to Exit U.S. Market
On Monday, over a month after the Biden administration banned US sales of Kaspersky Labs, the Russian anti-virus software firm announced it…
Trump VP Backs Big Tech Antitrust Crackdown
Former U.S. President Donald Trump’s vice presidential pick J.D. Vance, has openly complimented Federal Trade Commission Chair Lina…
28 U.S. AI Startups Raise $100M+ in 2024
In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally, with recent Crunchbase data finding that five…
North Korean Hackers Sent Stolen Crypto to Asian Payment Firm Wallet
Blockchain data demonstrates that North Korean hacking group Lazarus laundered funds in Southeast Asia by sending bitcoin worth over $150,000…
Polish Watchdog Fines PayPal $27.3M for Ambiguous Clauses
On Monday, UOKiK announced that PayPal Europe was penalized 106.6 million zlotys ($27.3 million) by Poland’s antitrust and consumer…
EU Charges X of Deceiving Users With Blue Checkmark
On Friday, EU tech regulators found that Elon Musk’s social media business X violated EU online content laws, and its blue checkmark…
Alphabet in Talks to Buy Wiz for $23B
Alphabet is in early talks to acquire cybersecurity startup Wiz for $23 billion, a source claimed Sunday. It would be the tech giant’s…
Bitcoin Hits Two-Week High After Trump Attack
After Donald Trump’s attempted assassination raised the likelihood of the former president, a cryptocurrency advocate, winning the…
China’s E-Commerce Price War Leaves Sellers Struggling
Chinese e-commerce sellers are struggling as sales growth slows, pricing pressure intensifies, and shopping platforms compete with more…