Nvidia Adds $2 Trillion in Market Value in 2024
Nvidia surged to the forefront of market capitalization gains in 2024, with its value climbing over $2 trillion, driven by unprecedented demand for its AI-focused chips. The company’s market value…
ByteDance Reportedly Finding Loopholes to Acquire Nvidia Chips Despite U.S. Restrictions
ByteDance, the parent company of TikTok, reportedly plans to spend $7 billion on Nvidia AI chips in 2025. According to The Information, the move could position ByteDance as one of…
IRS Temporarily Suspends Automatic FIFO Rule for Crypto Transactions
The U.S. Internal Revenue Service (IRS) has provided temporary relief from a rule that would have automatically assigned a potentially disadvantageous accounting method for cryptocurrency holders on centralized exchanges. Previously,…
Hive Digital to Relocate Headquarters to Texas Amid Favorable Crypto Climate
Hive Digital Technologies, a prominent Bitcoin mining firm, announced on December 31 its plans to relocate its headquarters from Vancouver, Canada, to Texas, motivated by the incoming Trump administration’s supportive…
Las Vegas Explosion Near Trump Hotel Linked to Fireworks in Cybertruck, Leaves One Dead and Seven Injured
A Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas early New Year’s Day left one person dead and seven others injured, Las Vegas Metropolitan Police Department (LVMPD)…
Potential Conflicts Abound as Billionaires Populate Trump’s Administration
President-elect Donald Trump is assembling an administration filled with billionaires and industry magnates, a move that brings considerable business acumen but also a host of potential conflicts of interest. This…
Apple TV+ Offers Free Streaming This Weekend
Apple TV+ will be free to stream worldwide from January 3 to January 5, giving viewers a chance to explore its catalog of original series and films without a subscription.…
Meta Offers Free Replacements After Software Update Bricks Quest Headsets
Meta is addressing a widespread issue caused by a buggy software update that rendered some Quest 2, Quest 3, and Quest 3S virtual reality headsets unusable. Initially, the company faced…
Nvidia Finalizes $700 Million Acquisition of AI Startup Run:ai
Nvidia has officially completed its $700 million acquisition of Israeli startup Run:ai, a company that helps developers optimize AI hardware infrastructure. The deal faced months of regulatory scrutiny, including a…
Marvel Rivals Becomes a Holiday Hit on PC and Consoles
Marvel Rivals, the free-to-play superhero shooter developed by NetEase Inc. and Walt Disney Co., is making waves this holiday season. Released on December 5, the game has climbed to the…
Volkswagen Data Leak Exposed Location Data for 800,000 Electric Cars
For several months, the personal data and precise locations of 800,000 electric vehicles (EVs) from Volkswagen and its associated brands were publicly accessible online due to a significant data leak.…
US Treasury Says China-Linked Hackers Breached Systems in Cyberattack
Hackers linked to the Chinese government breached the US Treasury Department using vulnerabilities in third-party remote management software, marking a significant security incident. As reported by The New York Times,…
Tether Transfers $780 Million Worth of Bitcoin to Its Reserve in Largest Allocation Since March
Stablecoin issuer Tether has significantly bolstered its Bitcoin reserves, making its largest transfer since March by moving nearly $780 million worth of Bitcoin into its corporate holdings. On December 30,…
US Healthcare Sector Faces Potentially Costly Cybersecurity Overhaul
Healthcare providers across the United States may soon face stricter cybersecurity requirements as the Department of Health and Human Services (HHS) unveils proposals aimed at combating ransomware and data breaches…
Potential Ether Rally in Q1 2025 Faces Mixed Analyst Views
Ether may be poised for a significant rally in the first quarter of 2025, a pattern observed in past cycles following U.S. elections and Bitcoin halving events. Historical data from…
YouTube is Testing a Floating Play Something Button to Pick Videos For You
YouTube is testing a floating “Play Something” button that picks a random video for users. Spotted by 9to5Google in the Android app, the feature resembles Google’s “I’m Feeling Lucky” button…
Judge Sets Sentencing for Ex-Sen. Bob Menendez, Delays Wife’s Trial to February
Former New Jersey Senator Bob Menendez is set to be sentenced on corruption charges at the end of January, as U.S. District Judge Sidney H. Stein in Manhattan has rejected…
Nvidia Is Betting Big on Robotics, and Jetson Thor Is Its Next Move
Nvidia is leaning into robotics as it looks to expand beyond its dominant AI chip business. The company plans to launch Jetson Thor, a new compact computer designed for humanoid…
Tesla Explores HBM4 Chips from Samsung and SK Hynix for Its Dojo Supercomputer
Tesla is diving into the next frontier of AI hardware, exploring HBM4 memory chips from South Korean giants Samsung and SK Hynix to supercharge its custom-built Dojo supercomputer. According to…
Solana Co-Founder Faces Lawsuit from Ex-Wife Over Staked SOL Profits
Stephen Akridge, co-founder of Solana and current CEO of Cyber Grant, has been sued by his ex-wife, Elisa Rossi, over allegations that he secretly profited from staking rewards of Solana…