In an era where technological supremacy is intertwined with national security, the news of GlobalFoundries considering a merger with Taiwan-based United Microelectronics could be seen as a game changer. This potential union is not merely a business maneuver; it symbolizes a substantial strategic shift in global semiconductor manufacturing. As competition from China looms, and tensions
Enterprise
In a stunning turn of events, a class-action lawsuit against Elon Musk and his family office, Excession, has been given the green light to proceed in federal court. This pivotal case, Rasella v. Musk, highlights the murkiness surrounding the billionaire’s stock dealings and raises serious questions about the ethical implications of his transparency—or lack thereof.
Intel, once the crown jewel of the tech industry, is grappling with an existential crisis, evident from its latest announcement regarding the exit of three long-serving board members. This decision, illuminated in a recent filing, underscores the growing urgency for the company to pivot and rejuvenate its leadership amidst dwindling market performance. The resignation of
As major tech companies scramble to solidify their dominance in artificial intelligence, the stakes couldn’t be higher. Alibaba Cloud has taken a bold step forward with the launch of their latest model in the Qwen series, the “Qwen2.5-Omni-7B.” The implications of releasing a multimodal AI capable of processing text, images, audio, and even video in
The recent decision by the U.S. to blacklist an extensive list of over 80 Chinese tech companies, including more than 50 specifically from China, cannot simply be dismissed as a political maneuver; it is an essential safeguard for national security. This escalation in export controls, particularly in sectors as vital as artificial intelligence and advanced
In a shocking turn of events, 23andMe, the popular DNA testing company, has filed for Chapter 11 bankruptcy protection. The implications of this move are multifaceted, especially regarding the company’s vastly sensitive genetic database. As consumers continue to seek insights into their genetic heritage through at-home tests, one cannot help but confront the darker side
In a stunning development that reverberates throughout the tech and healthcare industries, 23andMe has declared bankruptcy, marking the unraveling of a company once celebrated as a paragon of innovation and promise. Once soaring with a valuation as high as $6 billion, the company now finds itself grappling with a stark reality, having plummeted to a
Cryptocurrency enthusiasts have long recognized the volatility inherent in the digital asset landscape. Yet, the rollercoaster ride Binance has experienced over the last 16 months epitomizes this tumultuousness. The exchange has metamorphosed from the regulatory black sheep of the financial world to a potentially influential player under a new U.S. administration. Richard Teng, the newly
Nvidia’s recent GTC keynote, delivered by CEO Jensen Huang, had an unmistakable vibe: urgency. This urgency stems from his emphasis on acquiring the fastest chips that Nvidia churns out, suggesting that this is the golden ticket for companies diving into the world of artificial intelligence (AI). Huang’s pitch seemed to suggest that faster chips would
StubHub’s recent decision to file for an IPO on the New York Stock Exchange under the ticker ‘STUB’ is not without its controversies. The company’s financial health appears shaky at best, revealing a net loss of $2.8 million on revenues amounting to $1.77 billion in 2024. This is a stark contrast to the $405 million