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Nvidia stock sets new record, surpasses June milestone

Nvidia’s stock surged to a new record on Thursday as investors reignited interest in artificial intelligence, marking a significant gain after a brief summer slowdown. The stock climbed more than…

Horizon Robotics Aims to Raise $696 Million in Largest Hong Kong IPO of 2024

Horizon Robotics, a Chinese autonomous driving firm, plans to raise up to $696 million in its upcoming Hong Kong initial public offering (IPO), marking the city’s largest listing of 2024.…

Fisker Owners to Be Reimbursed for Recall Repairs as Court Approves Liquidation Plan

Fisker’s liquidation plan, approved by a Delaware bankruptcy court, settles the issue of labor costs for two recalls affecting the company’s electric SUVs and resolves a last-minute data problem with…

Intel Faces Allegations of National Security Risks in China

The Cybersecurity Association of China (CSAC) has called for a security review of Intel products sold in China, accusing the U.S. chipmaker of repeatedly endangering the country’s national security. Though…

Matt Mullenweg Gives Employees a Second Chance to Quit with Nine Months Pay

Automattic CEO Matt Mullenweg made a new severance offer to employees on October 16, giving them just four hours to decide if they wanted to resign and receive nine months…

South Korea Announces Tougher Measures to Stop Advanced Technology Leaks

South Korea is set to strengthen its efforts to prevent overseas leaks of critical technologies, especially in the face of rising global competition for advanced innovations, Finance Minister Choi Sang-mok…

First Look at Prada’s Spacesuit Design for NASA’s Artemis III Moon Mission

Prada and Axiom Space have revealed a detailed look at their new spacesuit, the Axiom Extravehicular Mobility Unit (AxEMU), designed specifically for NASA’s Artemis III mission. This mission will mark…

TSMC Reports Strong Profit Growth Fueled by AI Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to announce a significant third-quarter profit increase, driven by the surge in demand for artificial intelligence (AI) applications. Analysts project TSMC’s net profit…

Riot Games Announces Layoffs on League of Legends Team

Riot Games has announced a new round of layoffs, this time affecting its League of Legends development team. The company’s co-founder, Marc Merrill, shared the news on X, explaining that…

ASML Reveals Impact of U.S. Chip Export Curbs on China Sales

ASML, a key player in the global chip supply chain, has provided its first detailed insight into how U.S. export restrictions on advanced chip manufacturing tools will affect its sales…

SpaceX Files Lawsuit After California Denies Increased Rocket Launches

SpaceX has filed a lawsuit against the California Coastal Commission (CCC) after the state agency rejected its proposal to increase rocket launches from Vandenberg Space Force Base in Santa Barbara…

Google Asks Court to Delay Play Store Changes During Epic Appeal

Google has requested the 9th Circuit Court of Appeals to temporarily halt a ruling that compels the company to open its Play Store to third-party competitors while it appeals an…

Instagram introduces profile cards to help users find new friends

Instagram has introduced “profile cards,” allowing users and creators to more easily connect and make new friends on the platform. These cards will feature profile pictures, links, music, and even…

China Dismisses US Government’s Accusations of Cyber Infiltration

China has dismissed allegations made by the US government and Microsoft that the state-backed hacking group Volt Typhoon infiltrated critical US infrastructure, referring to the claims as a “political farce.”…

Former Palantir CISO Dane Stuckey Now Leading Security at OpenAI

Dane Stuckey, formerly the Chief Information Security Officer (CISO) at Palantir, has joined OpenAI to lead its security operations alongside Matt Knight, OpenAI’s current head of security. Stuckey made the…

New YouTube Update Enhances Playback Speeds and Playlist Collaboration

YouTube has introduced several updates across its mobile, web, and TV platforms, enhancing user experience with new playback speed controls, collaborative playlists, and improved design features. The latest update allows…

Amazon Targets Carbon-Free Energy with Small Modular Reactors

Amazon has announced its involvement in developing small modular reactor (SMR) nuclear power technology through three new agreements, joining the growing number of tech companies seeking advanced nuclear solutions to…

Adobe Announces Major AI Updates Across Photoshop, Illustrator, and More at Max Conference

Adobe has unveiled its new Firefly Video Model at the Adobe Max conference, signaling a deeper integration of generative AI into its suite of creative tools. This model, designed for…

Sebastian Bubeck Departs Microsoft to Join OpenAI

Sebastian Bubeck, a prominent figure in Microsoft’s artificial intelligence research, has left the company to join OpenAI, marking a major shift in the AI research landscape. This departure was first…

India Backs Musk as Satellite Spectrum Allocation Debate Heats Up

India’s decision to allocate satellite spectrum through administrative means, bypassing the auction method, appears to favor global players like Elon Musk’s Starlink and Amazon’s Project Kuiper. Communications Minister Jyotiraditya Scindia…