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DJT shares fall 10% as Trump Media says it’s raising .5 billion to buy bitcoin

DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin

Finance News

Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters LAS VEGAS — Trump Media announced Tuesday a $2.5 billion raise from institutional investors to bankroll one of the largest bitcoin treasury allocations by a public company. Shares of […]

DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin Read More »

Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs

Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs

Finance News

White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s

Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs Read More »

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Finance News

Dr. Priti Patel, CMIO at John Muir Health, uses Ambience before starting a patient encounter. Courtesy of Ambience Healthcare Artificial intelligence startup Ambience Healthcare on Tuesday announced a new medical coding model that outperforms doctors by 27%. Ambience uses AI to draft clinical notes in real-time as doctors consensually record their visits with patients. The

Ambience announces OpenAI-powered medical coding model that outperforms physicians Read More »

Salesforce to acquire data management company Informatica in billion deal

Salesforce to acquire data management company Informatica in $8 billion deal

Finance News

Salesforce Inc. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022. Bloomberg | Bloomberg | Getty Images Salesforce announced Tuesday that it’s buying cloud data management firm Informatica in an $8 billion deal to bolster the enterprise software giant’s push into artificial intelligence. Shares of Salesforce were up about 1% in

Salesforce to acquire data management company Informatica in $8 billion deal Read More »

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy

Finance News

“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia. Kevin Carter | Getty Images News | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy Read More »

Tesla’s Europe sales plunge 49% on brand damage, rising competition

Tesla’s Europe sales plunge 49% on brand damage, rising competition

Finance News

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop

Tesla’s Europe sales plunge 49% on brand damage, rising competition Read More »

Tech conferences are ramping up security to quell employee protests as political tensions rise

Tech conferences are ramping up security to quell employee protests as political tensions rise

Finance News

Security officers block entrance doors after pro-Palestinian protesters attempted to enter the Microsoft Build conference at the Seattle Convention Center Arch building in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images At Microsoft’s annual Build conference on Tuesday, Executive Vice President Jay Parikh’s keynote was interrupted by an employee protesting

Tech conferences are ramping up security to quell employee protests as political tensions rise Read More »

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race

Finance News

Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race Read More »

Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash

Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash

Finance News

A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox robotaxi unit issued a voluntary recall of its software for the second time in a month following a recent crash in San Francisco. On May 8, an unoccupied Zoox robotaxi was

Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash Read More »

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