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US launches new probe into legacy Chinese chips as tech pressure on Beijing escalates

US launches new probe into legacy Chinese chips as tech pressure on Beijing escalates

Finance News

China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models.  Niphon | Istock | Getty Images The Biden administration on Monday said it launched a new probe into legacy Chinese semiconductors that may go into everything from cars to household goods and defense systems. China “routinely […]

US launches new probe into legacy Chinese chips as tech pressure on Beijing escalates Read More »

What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos

What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos

Finance News

Google’s recent announcement of the arrival of Willow, a quantum chip that has reduced the error tendencies of some of its predecessors, is a milestone in the effort to bring quantum computing into the real world, and in the years ahead, it could change the way we think about the risk in cryptocurrencies. Willow’s speed

What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos Read More »

Elon Musk endorses far-right Alternative for Germany party in upcoming election

Elon Musk endorses far-right Alternative for Germany party in upcoming election

Finance News

Tesla CEO Elon Musk, a meagdonor and adviser to President-elect Donald Trump, is now seeking to influence Germany’s election, posting an endorsement on X of the country’s far-right Alternative for Germany (AfD) party. In a post Thursday night, Musk wrote, “Only the AfD can save Germany.” Musk, who has over 200 million listed followers on

Elon Musk endorses far-right Alternative for Germany party in upcoming election Read More »

Amazon workers strike across seven facilities at peak of holiday shopping season

Amazon workers strike across seven facilities at peak of holiday shopping season

Finance News

An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better

Amazon workers strike across seven facilities at peak of holiday shopping season Read More »

Micron stock headed for worst day since 2020 after disappointing guidance

Micron stock headed for worst day since 2020 after disappointing guidance

Finance News

Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on “how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs,” at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024.  Andrew Caballero-Reynolds | AFP | Getty Images Micron shares

Micron stock headed for worst day since 2020 after disappointing guidance Read More »

Trump’s pick to lead NASA made a big bet on crypto while going to space on the side

Trump’s pick to lead NASA made a big bet on crypto while going to space on the side

Finance News

Jared Isaacman, Mission Commander, steps out of the manned Polaris Dawn mission’s “Dragon” capsule after it splashed down off the coast of Dry Tortugas, Florida, after completing the first human spaceflight mission by non-government astronauts of the Polaris Program. – | Afp | Getty Images President-elect Donald Trump’s pick to run NASA, Jared Isaacman, is

Trump’s pick to lead NASA made a big bet on crypto while going to space on the side Read More »

Databricks announces billion financing at billion valuation

Databricks announces $10 billion financing at $62 billion valuation

Finance News

Databricks, one of the most valuable privately held companies, announced a $10 billion financing on Tuesday that values the software maker at $62 billion.  With the money, Databricks will be able to provide liquidity to current and former employees, make acquisitions, and expand overseas, according to a statement. The company’s new valuation is up from

Databricks announces $10 billion financing at $62 billion valuation Read More »

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms

Finance News

A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024.  Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms Read More »

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