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…
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…
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…
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’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’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…
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…
Chipmaker Kioxia, backed by Bain Capital, has established a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its upcoming initial public offering, according to…
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…
A woman in Chongqing, China, recently won 10,000 yuan (approximately $1,380) after successfully completing a “public welfare challenge” that tested participants’ ability to stay away from their smartphones for eight…
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…
Japan is stepping up its commitment to semiconductor and artificial intelligence technologies with an additional ¥1.5 trillion ($9.9 billion) allocated to these sectors. The supplementary budget for the fiscal year…
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…
China’s leading ride-hailing company, Didi Global, reported a significant turnaround in its financial performance for the third quarter, announcing a net income of 929 million yuan ($128.42 million). This marks…
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…
ASML and other European semiconductor equipment makers saw their shares climb on Thursday, fueled by a Bloomberg report suggesting that U.S. trade restrictions on China’s semiconductor industry may not be…
Japan’s Mitsubishi UFJ Financial Group (MUFG) announced plans to acquire WealthNavi Inc., a prominent provider of automated asset management, for approximately 99.7 billion yen ($664 million). The move will make…
Huawei’s latest flagship smartphone, the Mate 70, has sparked less consumer excitement in China compared to its predecessors, according to analysts. This cooling enthusiasm could impact Huawei’s shipment targets for…
India’s Competition Commission (CCI) has launched an investigation into Google’s policies surrounding real-money gaming apps, prompted by a complaint from gaming platform WinZO. The probe centers on allegations that Google’s…
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…