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Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

Crypto prices, including bitcoin, rose on Tuesday after President Trump announced a ceasefire between Iran and Israel. By midday Tuesday, bitcoin had passed the $105,000 level, ether jumped back above the $2,400 mark, and XRP climbed to $2.19.  The risk-on action in the markets, which also saw stocks rally on the Mideast de-escalation, wasn’t the […]

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Ambarella shares soar 19% on report chip designer is exploring sale

Ambarella shares soar 19% on report chip designer is exploring sale

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Ambarella shares popped 19% after a report that the chip designer is currently working with bankers on a potential sale. Bloomberg reported the news, citing sources familiar with the matter. While no deal is imminent, the sources told Bloomberg that the firm may draw interest

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Nvidia CEO Huang sells  million worth of stock, first sale of 3 million plan

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Sarah Meyssonnier | Reuters Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with

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Judge rules Anthropic did not violate authors’ copyrights with AI book training

Judge rules Anthropic did not violate authors’ copyrights with AI book training

Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Anthropic’s use of books to train its artificial intelligence model Claude was “fair use” and “transformative,” a federal judge ruled late on Monday. Amazon-backed Anthropic’s AI training did not violate the

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Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+

Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+

Parade goers hold Pride flags during the annual Pride Parade in San Francisco on Sunday, June 29, 2024. Minh Connors | San Francisco Chronicle | Hearst Newspapers | Getty Images Meta CEO Mark Zuckerberg is staying mum these days when it comes to the LGBTQ+ community. It wasn’t always that way.  San Francisco Pride Executive

Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+ Read More »

Google could face changes to search in the UK as regulators crack down

Google could face changes to search in the UK as regulators crack down

Google could face changes to its online search services in the U.K. after regulators raised concerns over the tech giant’s dominance. The Competition and Markets Authority on Tuesday said it is consulting on a proposal to give Google “strategic market status,” a designation under new competition rules for tech firms that hold entrenched power in

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Goldman Sachs and Citadel back crypto firm Digital Asset in 5 million funding round

Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs, BNP Paribas and Ken

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Amazon to invest £40 billion in the UK over next three years

Amazon to invest £40 billion in the UK over next three years

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images LONDON — Amazon will invest £40 billion ($54 billion) in the U.K. over the next three years, the e-commerce titan announced Tuesday. The company said it plans to spend the money on building four new fulfillment centers — large warehouses where it prepares orders

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