Nvidia Invests in Nebius Group’s $700 Million AI Infrastructure Drive
AI infrastructure firm Nebius Group has secured $700 million in a private funding round led by investors such as Nvidia, Accel, and Orbis Investments. The financing marks a critical milestone…
MicroStrategy Acquires $1.5 Billion Worth of Bitcoin in a Week
MicroStrategy, known for its substantial corporate Bitcoin investments, recently disclosed the purchase of approximately 15,400 BTC over the period from November 25 to December 1. This acquisition, financed through $1.5…
Threads Rolls Out Advanced Search Filters to Challenge Bluesky and X
Threads, Meta’s alternative to X (formerly Twitter), is introducing an advanced search feature to enhance user experience. This update, set to roll out globally over the next few weeks, allows…
Brazil Tightens Regulations on Stablecoin Withdrawals
Amid a steep decline in the value of the Brazilian real against the U.S. dollar, Brazil’s central bank, Banco Central do Brasil (BCB), has issued a draft regulation aimed at…
Apple Accused of Spying on Employees in New Lawsuit
Apple’s reputation as a privacy-first company is under scrutiny following a new lawsuit accusing the tech giant of spying on its employees. Filed on Sunday in California state court, the…
XRP Climbs Back to Third Place After Extended Legal Battle with SEC
XRP, the digital currency used by U.S. blockchain payment firm Ripple, has reclaimed its position as the third-largest cryptocurrency by market capitalization. This resurgence marks a significant comeback after being…
Biden’s Pardon of Hunter: A Complex Decision Shrouded in Controversy
In an unprecedented move, President Joe Biden issued a blanket pardon for his son, Hunter Biden, sparking a firestorm of criticism from both political parties. This action, taken late on…
The AI Rivalry Between China and the U.S. Sparks New Global Debates
China’s ambition to lead in artificial intelligence (AI) development is a double-edged sword. While the country’s advancements may position it ahead of the United States in the AI race, the…
Judge Rejects Elon Musk’s $56 Billion Pay Deal Despite Shareholder Approval
Delaware Chancery Court Judge Kathaleen McCormick has upheld her decision to nullify Tesla CEO Elon Musk’s $56 billion pay package. Despite a shareholder vote earlier this year to re-ratify the…
Tesla Updates Introduce Apple Watch App and More Features—Including Fart Pranks
Tesla’s latest update includes practical advancements and a sprinkle of humor, reinforcing the company’s knack for blending utility and playfulness. Among the new features is an Apple Watch app, expected…
Intel CEO Pat Gelsinger Removed After Boardroom Disputes
Intel’s board of directors has ousted CEO Pat Gelsinger, marking the end of a challenging tenure that spanned nearly four years. The decision, announced Monday, follows a turbulent period where…
Chinese Semiconductor Industry Faces Fresh US Export Curbs
The United States is set to implement its third major crackdown on China’s semiconductor industry in as many years, introducing a new package of export restrictions on Monday. This move…
Meta Implements Stricter Ad Rules in Australia to Combat Financial Scams
Meta Platforms, the parent company of Instagram and Facebook, has introduced enhanced regulations for advertisers of financial products and services in Australia. The new measures aim to curb the spread…
Fidelity Ups Valuation of Elon Musk’s X and xAI Stakes
Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to an Axios report. Despite the boost, the social media…
Elon Musk Challenges OpenAI’s For-Profit Move in Court
Elon Musk is asking a federal court to stop OpenAI from fully transitioning into a for-profit business. On Friday, Musk’s legal team, which includes representatives for his AI company xAI…
Why Jensen Huang Declined Morris Chang’s Offer to Run TSMC
Taiwan Semiconductor Manufacturing Company (TSMC) founder Morris Chang revealed in his newly published autobiography that he once offered Jensen Huang, the CEO of Nvidia, the opportunity to lead the Taiwanese…
European Commission Closes Amazon Tax Case Without Back Payment
Amazon will not be required to pay €250 million ($263 million) in back taxes after the European Commission announced the closure of a long-standing state aid investigation. This decision brings…
China Vows Action if US Expands Semiconductor Controls
China issued a stern warning on Thursday, pledging to take “necessary actions” to safeguard its firms if the U.S. proceeds with expanded semiconductor control measures. The statement followed reports that…
Canada Competition Bureau Files Lawsuit Against Google Over Ad Business
Canada’s Competition Bureau is taking legal action against Google, aiming to dismantle parts of the tech giant’s advertising business. The agency announced on Thursday that its investigation revealed Google allegedly…
OpenAI Moves to Protect IP for o1 Reasoning Model
OpenAI is making strides to secure the intellectual property of its innovative AI model, o1. The company recently filed a trademark application for “OpenAI o1” with the U.S. Patent and…