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Super Micro Aims to Boost European Manufacturing to Meet Growing AI Demand

Super Micro is gearing up to increase its investment in Europe, including expanding the production of its AI servers, CEO Charles Liang said in a recent interview. Meeting Growing Demand…

Apple Announces COO Jeff Williams to Retire Later This Year

Apple announced Tuesday that Jeff Williams, its Chief Operating Officer and 27-year company veteran, will retire later this year. Current operations leader Sabih Khan will take over much of the…

Competition Bureau Secures Court Order in Amazon Pricing Policy Investigation

Canada’s Competition Bureau has obtained a court order as part of its ongoing investigation into Amazon’s conduct concerning its online marketplace in Canada. The probe focuses on Amazon’s fair pricing…

Marks & Spencer Chair Declines to Confirm Whether Retailer Paid Hackers Following Ransomware Attack

The chairman of U.K. retail giant Marks & Spencer, Archie Norman, refused to tell a panel of lawmakers whether the company paid a hacking group following a ransomware attack earlier…

Robinhood CEO Minimizes OpenAI Concerns Over Tokenized Stock Structure

Robinhood CEO Vlad Tenev said Tuesday that it’s not “entirely relevant” that the trading platform’s tokenized shares of OpenAI and SpaceX aren’t technically equity in those companies. This statement comes…

Amazon Starts Selling Nintendo Switch 2—Here’s What You Need to Know First

After some delay, Amazon has finally started selling Nintendo’s Switch 2 console. However, instead of a standard first-come, first-served sale, Amazon is using a raffle system that requires customers to…

Elon Musk Tells Tesla Bull Dan Ives to ‘Shut Up’ Over Board Proposals

Tesla CEO Elon Musk sharply told Wedbush Securities analyst Dan Ives to “Shut up” on Tuesday after Ives publicly offered three recommendations to Tesla’s board regarding Musk’s role and political…

SpaceX in Discussions to Secure Funding at $400 Billion Valuation

SpaceX is preparing to raise fresh capital through a share sale to insiders, potentially boosting its valuation to around $400 billion, according to sources. The company aims to raise funds…

Ban Imminent on Non-Disclosure Agreements Silencing Workers

The government has announced a ban on employers using non-disclosure agreements (NDAs) to prevent victims of workplace sexual misconduct or discrimination from speaking out. An amendment to the Employment Rights…

Apple Appeals to Reverse Ban on Apple Watch Blood Oxygen Sensor Following Masimo Victory

Apple is preparing to appeal a trade ban that forced it to remove the blood oxygen sensor feature from the Apple Watch Series 9 and Ultra 2 models last year.…

Waymo Robotaxis Set to Launch in Philadelphia and New York City

Waymo, the Alphabet-owned autonomous driving company, launched two “road trips” on Monday to explore expanding its services into Northeastern cities. These trips mark another step in Waymo’s ongoing efforts to…

Lovable Set to Raise $150 Million with $2 Billion Valuation

Lovable, one of Europe’s fastest-growing AI startups and a rising star in the vibe-coding space, is preparing to raise over $150 million in a new funding round at a valuation…

Chinese Car Brands Gain Traction in UK Market

New industry figures reveal that one in ten cars sold in the UK during June were manufactured by Chinese brands, marking a significant rise in market presence. Emerging Chinese manufacturers…

Microsoft Shuts Down Local Operations in Pakistan

Microsoft has announced it will close its direct operations in Pakistan, marking the end of its 25-year presence in the country. The company will now serve Pakistani customers through resellers…

Microsoft Lays Off 830 Employees in Washington State

Among the thousands affected by Microsoft’s recent workforce reduction, approximately 830 employees in its home state of Washington lost their jobs. This includes a diverse group of roles, from game…

Stripe’s First Employee and Fintech Founder of Increase Moves to Acquire a Bank

It’s been an open secret in fintech circles that Darragh Buckley, founder and CEO of the banking-as-a-service (BaaS) startup Increase, has long aimed to “buy a bank.” Recently, he effectively…

Perplexity Introduces Max Tier Priced on Par with Competitors

Perplexity has introduced its most powerful subscription tier yet, called Perplexity Max, priced at the higher end of the market. Features of Perplexity Max Announced in a Wednesday blog post,…

Microsoft to Lay Off Approximately 9,000 Employees in Latest Cuts

Microsoft revealed on Wednesday it will lay off roughly 9,000 employees worldwide. This represents under 4% of its global workforce and impacts various teams, regions, and experience levels, a source…

Jeff Bezos Sells $737 Million in Amazon Shares

Amazon founder Jeff Bezos sold over 3.3 million shares of the company in a transaction valued at approximately $736.7 million, according to a financial filing made public on Tuesday. Stock…

Figma Files for IPO on NYSE, Plans Aggressive Growth Through Acquisitions

Design software company Figma officially filed for an initial public offering (IPO) on Tuesday, planning to trade on the New York Stock Exchange under the symbol “FIG.” The move follows…