Apple Approves Epic Games Marketplace App in Europe
After the “Fortnite” developer escalated its fight with Apple, and accused it of delaying its efforts to set up a games store on…
Crypto Thefts Double to $1.4B in First Half of 2024
On Friday, blockchain experts TRM Labs reported that a few massive attacks and surging crypto prices more than doubled the amount of bitcoin…
Late Twitter Disclosure Mistake, Musk Wants Lawsuit Dropped
Musk says “all indications” imply he delayed too long in early 2022 to report his big ownership stake in Twitter, and he wants to…
Samsung Workers Strike Amid Rising Union Influence in South Korea
Samsung Electronics workers began a three-day strike for better pay on Monday, threatening future action if South Korea’s largest…
OORT Wins Microsoft Grant for AI Infrastructure
OORT, a trailblazer in Decentralized AI and DePIN, has received a follow-up grant from Microsoft, marking a significant vote of confidence in…
India’s Koo, a Twitter Alternative, to Cease Operations
Homegrown microblogging platform Koo, which had advertised itself as an alternative to X, has abruptly terminated its services, leaving…
Australia’s Spy Agency Shifts Intel Data to Amazon Cloud
Defence Minister Richard Marles said a A$2 billion deal with Amazon Web Services will move Australia’s top secret intelligence data to…
EU Sets Duties on China’s EVs, Allows 4-Month Negotiation
EU officials warned Thursday that electric vehicle (EVs) imports from China will be taxed up to 37.6% from Friday, escalating trade tensions…
Fisker Seeks Judge’s OK to Sell Ocean EVs at $14K Each
Fisker has urged a Chapter 11 bankruptcy judge to accept the sale of more than 3,000 Ocean electric SUVs to a vehicle-leasing company for…
OpenText to Layoff 1,200 Workers
As part of its new business optimization strategy, OpenText Corp announced on Wednesday that it would eliminate approximately 1,200 positions,…
Bezos to Sell $5B in Amazon Stock After Record High
According to a regulatory filing, Jeff Bezos, the founder and executive chairman of Amazon, intends to liquidate nearly $5 billion in shares…
AI Boom Likely Raised Samsung Q2 Profit 13-Fold
As memory chip prices rise due to artificial intelligence demand, Samsung Electronics’ second-quarter profit is predicted to rise…
Amazon to Halt Astro for Business Security Robot
On Wednesday, Amazon.com announced that it would discontinue the Astro for Business security robot, which was designed for small and…
Microsoft Settles Worker Leave Probe for $14M
On Wednesday, a California commission said that Microsoft Corp. will pay $14 million to settle allegations that it unfairly penalized workers…
Ex-Apple Lawyer Fined $1.15M for Insider Trading
A federal judge determined Tuesday that the former top Apple lawyer who pleaded guilty to insider trading and spared prison must pay a $1.15…
Meta Lifts Ban on ‘Shaheed’ per Board’s Recommendations
Meta Platforms lifted its blanket ban on “shaheed” (English: “martyr”) on Tuesday after a year-long oversight board…
Supreme Court Rejects Snapchat Suit by Teen Sex Abuse Victim
On Tuesday, the U.S. Supreme Court denied a Texas teen’s request to reopen his complaint against Snapchat owner Snap for failing to…
AI Boosts US Venture Capital to 2-year High, Data Shows
U.S. venture capital funding reached $55.6 billion in the second quarter, the largest in two years, according to PitchBook figures released…
China Leads in Generative AI Patents: UN Report
On Wednesday, U.N. data indicated that China filed six times more patents than the US for generative AI products like chatbots According to…
Robinhood, Pluto Capital Strike AI deal
Monday’s purchase of Pluto Capital by Robinhood Markets added the trading app to a growing number of companies offering AI solutions to…