Reddit Tightens Content Policy
On Thursday, Reddit announced a new policy aimed at striking a balance between its ambition to lease its content to larger tech companies such…
Uber Loses $12 Billion in Market Value
Uber’s stock plunges as quarterly loss shatters profit expectations, wiping $12 billion from market value Uber shares are poised to…
US Oil, Gas Hits Record Highs in 2024
In 2024, U.S. oil and gas production is presently the highest in the world, with America’s oil output breaking records and surpassing…
Apple Displays AI Features, M4 Neural Engine At iPad Event
Apple highlighted AI technologies across its device family at its iPad presentation on Tuesday, but it won’t reveal its whole AI plan…
Tesla Becomes Luminar’s Top Lidar Client
Tesla CEO Elon Musk, who calls lidar sensors a “crutch” for driverless vehicles, has made Tesla Luminar’s top customer by…
Apple Set to Unveil New iPads
Today, May 7, at 7 a.m. PT/10 a.m. ET/3 p.m. WAT, Apple will unveil its latest iPad lineup additions, reportedly including a new Apple Pencil,…
Warren Buffett Holds $188B, Eyeing Strategic Investments
Warren Buffett’s investment subsidiary, Berkshire Hathaway, is worth $188 billion in cash and US dollars and protechbro seek to endear…
Apple iPhone Sales Fall 10%, Stock Rises on Massive Buyback
Apple revealed on Thursday that iPhone sales for the second fiscal quarter were down 10%, from $51.33 billion to $45.96 billion year over…
BlackRock Warns About US Dollar Uncertainties
BlackRock warns about the US dollar and recommends that investors invest in bonds as BRICS de-dollarize. Amid the ongoing de-dollarization…
BioCatch Reaches $1.3B Valuation with Permira’s Stake Purchase
Permira, a private equity corporation based in the United Kingdom, is the new majority shareholder of digital fraud detection company BioCatch…
Russia Turns to Yuan as Dollar Use Declines
Russia’s de-dollarization struggles continue as the Yuan weakens, limiting trade options. Russia is in an incredible predicament as it…
Google Cuts Hundreds of Important Staff Members Off
Google Cuts 200+ Core Tech Jobs, Shifts Roles to India & Mexico. Google has declared its intention to terminate the employment of several…
Nigeria’s YC-Backed Chowdeck Expands with $2.5M Funding
Chowdeck, based in Lagos, is sponsored by Y Combinator and has raised $2.5 million in venture funding. Choedeck seeks to imprint in a field…
Terraform Labs Offers $1 Million Penalty in SEC Case
Terraform Labs offers a $1 million penalty to settle SEC charges, significantly lower than the SEC’s requested amount. The firm’s…
Avalanche Partners with Stripe for Easier Crypto Purchases
Avalanche partners with Stripe to simplify buying crypto. Users can now purchase crypto directly within Avalanche apps using familiar payment…
Pakistan Rupee Sees Modest Rise Against USD After IMF Meeting
Pakistani Rupees Are up 0.03% against the USD after the IMF meeting, fueling hopes for a $1.1 billion loan and potentially attracting foreign…
Do Kwon, Terraform Labs Face $5.3B in Fine Over UST Crash
Terraform Labs and Do Kwon could Face Record-Setting $5.3 Billion Fine From SEC Over UST Crash. The U.S. Securities and Exchange Commission…
Iran Oil Exports to China Hit 6-year High After BRICS Join
Iran’s oil exports to China surged to the highest level in six years after joining the BRICS economic bloc, boosting the country’s…
French AI Startup FlexAI Debuts with $30M for Cloud Service
French AI Startup FlexAI, secures substantial pilot investment to revolutionize AI compute infrastructure. A French startup has secured a…
Russia’s Oil, Gas Revenue To Double In April
Russia’s oil, gas revenue to double in April despite US sanctions ($14 billion). This month, Russia’s oil and gas revenues could…