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Snap Settles Lawsuit Over Alleged Social Media Addiction and Teen Mental Health
Snap has reached a settlement with two teenagers who accused the company of designing Snapchat to encourage compulsive use and contribute to depression, anxiety, and eating disorders. The agreement, reported…
Marvell to Acquire Lumentum in $115 Billion Deal to Expand AI Connectivity Business
Marvell Technology has agreed to acquire optical networking company Lumentum in an all-stock transaction valued at approximately $115 billion, including debt, to expand its semiconductor and connectivity business for artificial…
Readwise Launches Books App to Challenge Amazon Kindle and Goodreads
Readwise has launched Readwise Books, a new application that combines an e-book store, digital reading tools, and book-tracking features in a single platform. The app allows users to purchase books,…
SpaceX in Talks to Acquire Boost Mobile From EchoStar to Expand Wireless Coverage
SpaceX is reportedly in discussions to acquire Boost Mobile from EchoStar as the company seeks to establish a hybrid satellite and cellular network in the United States. According to a…
Elon Musk Restricts Grok Bot Usage as Operating Costs Exceed Revenue
SpaceX has reduced access to its Grok Bot AI agent after some subscribers reported unexpectedly reaching their weekly usage limits over the Halloween weekend. CEO Elon Musk acknowledged the complaints…
Omen AI Acquires Aquatic Labs for $16 Million to Improve Data Center Cooling
Omen AI has acquired rival Aquatic Labs for $16 million in a cash-and-stock deal to develop real-time sensors for monitoring data center cooling systems. The acquisition, announced on November 2,…
Ninja Introduces Crispi Microwave With Built-In Air Fryer for $449.99
Ninja has introduced the Crispi Microwave and Air Fryer, a countertop appliance that combines a 1,000-watt microwave with a 1,700-watt air fryer. Priced at $449.99, the device uses FusionCrisp technology…
Northwood Space Raises $375 Million in Series C Funding at $2 Billion Valuation
Northwood Space has raised $375 million in a Series C funding round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. The financing, announced…
AI Data Center Opposition Emerges as Major Issue Ahead of US Midterm Elections
Opposition to artificial intelligence data centers has become a prominent issue ahead of the November 3 US midterm elections, with communities raising concerns about electricity costs, environmental risks, and local…
Everbloom Develops AI-Powered Cashmere Alternative From Recycled Protein Waste
New York-based startup Everbloom has developed a cashmere alternative called renoa using recycled protein waste and artificial intelligence to produce a washable, potentially more affordable textile fiber. The material has…
Apple CEO John Ternus Defends AI Strategy, Says Company Will Focus on Useful Features
Apple CEO John Ternus has defended the company’s approach to artificial intelligence, saying Apple will prioritize practical features and user experience rather than introducing AI technology without a clear purpose.…
Federal Judge Rejects xAI’s Attempt to Dismiss NAACP Lawsuit Over Data Center Pollution
A federal judge has denied xAI’s motion to dismiss a lawsuit filed by the National Association for the Advancement of Colored People (NAACP), allowing claims that the company operated gas…
OpenAI Cuts Funding Target to $20 Billion After Raising $11 Billion
OpenAI has reportedly reduced its latest fundraising target from $30 billion to $20 billion after securing approximately $11 billion from investors ahead of its planned initial public offering (IPO). The…
TikTok Expands Beyond Social Media With Restaurant Guides, Payments and Booking Features
TikTok is expanding its services beyond short-form videos with a new restaurant guide called Must Eat, while developing payment features and adding more shopping, travel, and entertainment tools. The additions…
Venture Investors Warn of Faster Fundraising as OpenAI and Anthropic Dominate Portfolios
Venture capital investors are raising new funds at an increasingly rapid pace as rising valuations for OpenAI and Anthropic concentrate investments in a small number of AI companies. Limited partners…
Nvidia in Talks to Guarantee Billions in Debt for Nscale’s $44.6 Billion Anthropic Data Center
Nvidia is reportedly in talks to guarantee billions of dollars in debt financing for AI cloud provider Nscale’s planned data center in West Virginia, which will provide computing infrastructure for…
Salesforce to Acquire AI Defense Startup Rune Technologies for $375 Million
Salesforce has agreed to acquire Rune Technologies, a startup developing AI-powered military logistics software, for a reported $375 million in cash and stock. The acquisition will expand Salesforce’s Missionforce business,…
Intel Shares Plunge 28% After Weak Revenue Forecast and Rising PC Costs
Intel shares plunged approximately 28% on Friday, October 30, after the chipmaker issued a weaker-than-expected fourth-quarter revenue forecast and warned of declining profit margins. The sell-off reduced the value of…
Applebee’s Fixes Security Flaw That Exposed Customer Data Through Android App
Applebee’s has fixed a security vulnerability in its Android app that allowed unauthorized access to a customer database containing names, email addresses, phone numbers, and other personal information. The flaw…