Micron Falls as AI Revenue Misses Expectations
Micron shares fell 6% in premarket trading on Thursday after its current-quarter revenue forecast disappointed investors expecting AI…
Gold Prices Drop Below $2,300
As U.S. Treasury yields rose this month, gold prices extended their downward trend this week, falling below the $2,300 threshold at the…
Minutes Network Nears 1.2 Billion Users with Smart Energy Water
Minutes Network is delighted to announce a groundbreaking partnership that is anticipated to attract 1.2 billion users within the next 24…
Celsius Small Business Creditors Demand Reimbursement
Two Celsius creditors have submitted a motion to request a second distribution, alleging that they have experienced diminished payments due to…
Julian Assange Freed in US Plea Deal
Julian Assange, the co-founder of WikiLeaks, has been released due to a settlement with the U.S. Department of Justice. Assange has agreed to…
ByteDance, Broadcom Team Up on AI chip
Under U.S.-Sino tensions, China’s ByteDance is working with Broadcom on an advanced AI processor, two individuals said. This would allow…
Shopify Expands AI Features to Attract More Businesses
On Monday, Shopify expanded its artificial intelligence-powered Sidekick assistance and image-generation feature to attract more users and…
Musk’s X Payments Gets License, Nears Launch
Elon Musk’s X Payments received a new money transmitter license in South Carolina. X Payments now has license in 29 US states, with…
Petrodollar: US Dollar at Risk if Saudi Stops Taking It
The petrodollar agreement is the focal point of attention, as the future of the US dollar is contingent upon Saudi Arabia’s decision to…
Zepto Raises $665M, Valued at $3.6B
In less than a year, Mumbai-based Zepto has raised $665 million, more than doubling its valuation to $3.6 billion from $1.4 billion, with the…
Biden Bans Kaspersky Software Sales Over Russia Ties
On Thursday, Commerce Secretary Gina Raimondo said that Russia’s influence over Kaspersky Lab posed a substantial security concern, thus…
Amazon Eyes $5-$10 Monthly Fee for Alexa Service Revamp
According to sources, is considering a $5 monthly fee for the premium version of its decade-old money-losing Alexa service, which will include…
Nvidia’s Staggering Gains Leave Investors Torn
Investors are contemplating whether to sell, hold on for additional gains, or pursue a stock that has treble in value over the past year, in…
Microsoft Overtakes Nvidia After 3% Drop
On Thursday, Nvidia’s shares experienced a nearly 3.4% decline, resulting in Microsoft reclaiming the title of the world’s most…
London Cinema Pulls AI-Written Film After Backlash
In response to a public outcry, a private screening of a film that was wholly composed using artificial intelligence (AI) has been canceled by…
Iran to pilot CDBC in Kish Island starting July
In July, the Central Bank of Iran (CBI) will commence a trial of its central bank digital currency (CBDC), the digital rial, on Kish Island On…
Diversify Your Crypto Assets to Mitigate Risk
Felix Stratmann, head of research at Outerlands Capital, believes that institutions must diversify their crypto holdings to benefit from…
Amazon Invests $11B in German Cloud, Logistics
On Wednesday, Amazon announced a 10 billion euro ($10.75 billion) investment to meet Europe’s largest economy’s expanding demand…
UK Probes HPE’s $14B Juniper Deal
On Wednesday, the competition regulator of Britain (UK) announced that it was conducting an inquiry into the potential competition…
Kuo: New Apple Watch to Feature Larger Screen, Thinner Design
Apple analyst Ming-Chi Kuo stated the new Apple Watch will feature a thinner design, larger screen, and components made with 3D-printing…