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Oura Secures $900M Investment From Fidelity

Finnish health tech company Oura has secured over $900 million in fresh funding, led by Fidelity Management & Research Company, with new investor ICONIQ and contributions from Whale Rock and…

Dutch Government Seizes Control of China-Owned Chip Company

The Dutch government has assumed control of Nexperia, a Chinese-owned chipmaker in the Netherlands, by invoking the Goods Availability Act. This “highly exceptional” decision aims to safeguard the European supply…

Strava Considers IPO as Gen Z Swaps Dating Apps for Running Clubs

Strava, the 16-year-old fitness-tracking application, is making preparations to go public, according to reporting by the Financial Times. CEO Michael Martin told the publication that the San Francisco-based company plans…

Peter Thiel Allegedly Compared Greta Thunberg and AI Skeptics to the Antichrist

Billionaire Peter Thiel, the co-founder of PayPal and Palantir, reportedly referred to climate activist Greta Thunberg and prominent AI critics as “legionnaires of the antichrist,” according to a recording of…

Chinese Company Plans £1.5B Turbine Factory in Scotland

A Chinese energy company, Ming Yang, the largest private wind turbine manufacturer in China, has announced significant plans to build the UK’s largest wind turbine manufacturing facility in Scotland. The…

Nevada Says Musk’s Boring Company Broke Environmental Rules Nearly 800 Times

Elon Musk’s Boring Co., the tunneling and infrastructure enterprise, repeatedly violated state environmental regulations in Nevada, even after the company had formally agreed to comply with those laws, state regulators…

Duolingo Declares It Will Never Open a San Francisco Office

Duolingo, the widely used language learning application, has stated definitively that it will never open an office in San Francisco. The company is headquartered in Pittsburgh, Pennsylvania, a city not…

PepsiCo Beats Earnings Forecasts Thanks to Strong International Sales

PepsiCo reported quarterly earnings and revenue on Thursday that surpassed analysts’ expectations, a positive result driven primarily by international growth which managed to offset yet another quarter of declining sales…

Apple Outlines How App Store Will Comply With Texas Age-Verification Law

Apple on Wednesday provided a detailed account of the policy changes it will implement in its App Store to comply with a new Texas state law that requires app stores…

Hang Seng Bank Shares Surge 25% After HSBC’s $37B Privatization Offer

Shares of Hang Seng Bank listed in Hong Kong surged by 25.88% on Thursday following the announcement of a privatization bid by its majority parent company, HSBC, Europe’s largest lender.…

Elon Musk Agrees to Settle $128 Million Lawsuit With Ex-Twitter Executives

Elon Musk is poised to settle a $128 million lawsuit filed by four former Twitter executives whom he abruptly fired after completing his acquisition of the company in 2022. The…

Amazon Pharmacy to Roll Out Prescription Drug Vending Machines

Amazon announced on Wednesday that it is debuting in-office prescription dispensing machines, known as Amazon Pharmacy Kiosks, within its One Medical clinics. These new self-service units, operated by Amazon Pharmacy,…

Nvidia’s Jensen Huang Says AMD’s 10% Offer to OpenAI Was a ‘Clever’ Surprise

Nvidia CEO Jensen Huang expressed surprise on Wednesday that rival Advanced Micro Devices (AMD) offered a 10% equity stake in the company to OpenAI as part of their multibillion-dollar partnership…

Tesla Stock Drops After Cheaper Models Fail to Impress

Tesla has unveiled cheaper “Standard” versions of two of its most popular cars in the U.S. in an attempt to boost sales following the expiration of a key federal EV…

Motion Picture Association Tells OpenAI to Curb Copyright Abuse on Sora 2

The Motion Picture Association (MPA) on Monday urged OpenAI to “take immediate and decisive action” against its newly released video creation model, Sora 2, which the association claims is being…

Tesla Unveils More Affordable Standard Versions of Model 3 and Model Y

After more than a year of teasing, Tesla finally revealed “more affordable models” of its vehicles on Tuesday, releasing bare-bones versions of the Model 3 sedan and Model Y SUV.…

Nissan Xterra Set to Make a Comeback

Nissan Motor Co. is preparing to revive its discontinued Xterra SUV model in the U.S. as a hybrid, with potential production slated for its Canton, Mississippi plant. The factory may…

BYD’s UK Sales Surge 880% Amid EV Boom

Chinese car manufacturing giant BYD has declared the UK its largest market outside of China, following an extraordinary 880% surge in sales there in September compared to the previous year.…

Disney Plus Raising Prices by Up to $3, Expanding Hulu Branding to Canada

Disney Plus is rolling out a new round of price increases in Canada. The streaming service, which hosts the popular Star Wars and Marvel franchises, announced that the monthly cost…

Anthropic Secures Largest Enterprise Rollout Yet in Deloitte Partnership

Deloitte announced a major agreement on Monday to integrate Anthropic’s artificial intelligence assistant, Claude, across its global workforce of more than 470,000 employees. This deployment is set to be the…