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Technology

Technology

Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial...

by admin March 28, 2025
Elon Musk says xAI has acquired X in deal that values social media site at  billion
Technology

Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism

CoreWeave Inc. signage during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Friday, March 28, 2025.  Michael Nagle...

by admin March 28, 2025
Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism
Technology

Intel announces three board members will retire following CEO shake-up

A sign is posted in front of Intel headquarters in Santa Clara, California, on Aug. 1, 2024. Justin Sullivan | Getty Images News | Getty...

by admin March 28, 2025
Intel announces three board members will retire following CEO shake-up
Technology

Alibaba has staged a quiet $100 billion rally — AI and Jack Ma’s return are at the heart of it

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images In November 2023, Jack...

by admin March 28, 2025
Alibaba has staged a quiet 0 billion rally — AI and Jack Ma's return are at the heart of it
Technology

CoreWeave prices IPO at $40 a share, below expected range

Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web...

by admin March 27, 2025
CoreWeave prices IPO at  a share, below expected range
Technology

AppLovin shares plunge 20% after third short-selling firm slams company’s ad technology

Jaque Silva | Nurphoto | Getty Images Shares of AppLovin sank 20% on Thursday, their steepest drop on record, as another short-selling firm raised...

by admin March 27, 2025
AppLovin shares plunge 20% after third short-selling firm slams company's ad technology
Technology

Silicon Valley bubble risks heighten as investors pile into funds that bet on a single buzzy startup

One of the most popular acronyms in Silicon Valley these days is SPV. It stands for special purpose vehicle. In tech startup land, it’s...

by admin March 27, 2025
Silicon Valley bubble risks heighten as investors pile into funds that bet on a single buzzy startup
Technology

Alibaba launches new open-source AI model for ‘cost-effective AI agents’

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba Cloud launched Thursday...

by admin March 27, 2025
Alibaba launches new open-source AI model for 'cost-effective AI agents'
Technology

Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs ‘because he may have a conflict’

U.S. President Donald Trump speaks to the media in the Oval Office at the White House in Washington, D.C., U.S., March 26, 2025.  Evelyn...

by admin March 26, 2025
Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs 'because he may have a conflict'
Technology

Trump says he may reduce China tariffs to help close a TikTok deal

Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump said he may reduce tariffs on China to facilitate a deal that would...

by admin March 26, 2025
Trump says he may reduce China tariffs to help close a TikTok deal
Technology

Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global

From left, Playground Global partners Peter Barrett, Pat Gelsinger, Jory Bell, Bruce Leak and Ben Kim. Playground Global After a tumultuous four years running...

by admin March 26, 2025
Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global
Technology

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such...

by admin March 26, 2025
U.S. blacklists over 50 Chinese companies in bid to curb Beijing's AI, chip capabilities
Technology

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon,...

by admin March 26, 2025
Amazon is testing shopping, health assistants as it pushes deeper into generative AI
Technology

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe has officially...

by admin March 25, 2025
With 23andMe entering bankruptcy, here's how to delete your genetic data
Technology

SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says

Jakub Porzycki | Nurphoto | Getty Images Ripple and the U.S. Securities and Exchange Commission have reached an agreement to end their long-running legal...

by admin March 25, 2025
SEC will keep  million of Ripple fine and refund the rest to wrap case, legal officer says
Technology

Samsung Electronics co-CEO Han Jong-hee, 63, passes away due to heart attack

Han Jong-hee, co-chief executive officer of Samsung Electronics Co., at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea,...

by admin March 25, 2025
Samsung Electronics co-CEO Han Jong-hee, 63, passes away due to heart attack
Technology

Trump Media shares jump on announcement of ETF deal with Crypto.com

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Shares of Trump Media jumped about 9% in extended trading on Monday after the...

by admin March 24, 2025
Trump Media shares jump on announcement of ETF deal with Crypto.com
Technology

23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March...

by admin March 24, 2025
23andMe files for bankruptcy, Anne Wojcicki steps down as CEO
Technology

Google’s $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets

Google’s acquisition of cybersecurity startup Wiz could be a turning point for an uncertain IPO market and a mergers and acquisitions environment aching from...

by admin March 24, 2025
Google's  billion Wiz deal may signal a turning point for slow IPO, M&A markets
Technology

China’s open-source embrace upends conventional wisdom around artificial intelligence

China is focusing on large language models (LLMs) in the artificial intelligence space.  Blackdovfx | Istock | Getty Images China is embracing open-source AI...

by admin March 24, 2025
China's open-source embrace upends conventional wisdom around artificial intelligence
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