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…
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…
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…
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…
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…
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…
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…
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…