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Breaking News: Technology

Company faces years of distractions

by Edgar Davis
Company faces years of distractions

Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple on Thursday, accusing it of using …

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Anthropic lining up a new slate of investors, ruled out Saudi Arabia

by Walter Watson
Anthropic lining up a new slate of investors, ruled out Saudi Arabia

Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI. One country that’s being left out: …

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Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

by Anas Siddiqui
Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday …

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Kevin O’Leary on why he wants to buy TikTok

by Edgar Davis
Kevin O’Leary on why he wants to buy TikTok

A view shows the office of TikTok after the U.S. House of Representatives overwhelmingly passed a bill that would give TikTok’s Chinese owner ByteDance about six months to divest the …

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UK gives Vodafone and Three five working days for solutions to avoid in-depth merger probe

by Walter Watson
UK gives Vodafone and Three five working days for solutions to avoid in-depth merger probe

Vodafone announced plans to cut 11,000 jobs as part of a turnaround plan from the company’s newly-appointed CEO Margherita Della Valle. Paul Hanna | Bloomberg | Getty Images The U.K.’s …

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Taiwan shares hit record highs on AI boom with more room to rally

by Walter Watson
Taiwan shares hit record highs on AI boom with more room to rally

High-rise buildings sprawl out across the Taiwanese capital Taipei. Ratima Sritangwong | EyeEm | Getty Images Taiwan shares notched fresh all-time highs on Friday as a booming demand for artificial …

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Redditors bank millions as a group on stock’s opening day

by Edgar Davis
Redditors bank millions as a group on stock’s opening day

Reddit power users who participated in the company’s IPO made millions of dollars as a group in profits after the stock’s big jump in its first day on the market. …

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Sen. Warren presses SEC, again, to investigate Tesla and Elon Musk

by Horatio Thompson
Sen. Warren presses SEC, again, to investigate Tesla and Elon Musk

Sen. Elizabeth Warren, D-Mass., once again urged the U.S. Securities and Exchange Commission to investigate Tesla, CEO Elon Musk and the company’s board of directors over what she called, “possible misappropriation …

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Sam Altman’s Reddit stake worth over $600 million after NYSE debut

by Walter Watson
Sam Altman’s Reddit stake worth over 0 million after NYSE debut

OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His Reddit ownership is another matter altogether. Following Reddit’s stock …

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(RDDT) starts trading on NYSE

by Ron Morgan
(RDDT) starts trading on NYSE

Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in …

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