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Tencent fourth-quarter profit surges 90% on gaming and advertising boost

Tencent fourth-quarter profit surges 90% on gaming and advertising boost

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Here’s how Tencent did […]

Tencent fourth-quarter profit surges 90% on gaming and advertising boost Read More »

Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech

Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech

The Wiz logo on a smartphone arranged in New York, US, on Tuesday, July 16, 2024. Gabby Jones | Bloomberg | Getty Images Seven months ago, Alphabet lost a marquee case against the Biden administration’s Justice Department, which accused the company of maintaining an illegal monopoly in search. Weeks earlier, Google’s pursuit of cybersecurity vendor

Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech Read More »

Nvidia announces Blackwell Ultra and Rubin AI chips

Nvidia announces Blackwell Ultra and Rubin AI chips

Nvidia CEO Jensen Huang arrives to attend the opening ceremony of Siliconware Precision Industries Co. (SPIL)’s Tan Ke Plant site in Taichung, Taiwan Jan. 16, 2025.  Ann Wang | Reuters Nvidia announced new chips for building and deploying artificial intelligence models at its annual GTC conference on Tuesday.  CEO Jensen Huang revealed Blackwell Ultra, a

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Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges

Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges

Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida.  Miguel J. Rodriguez Carrillo | Getty Images The Federal Trade Commission is going after an e-commerce company that allegedly took millions of Dollars from consumers as part of

Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges Read More »

GrubMarket, largest private food tech company in U.S., reaches .5 billion valuation in new funding round

GrubMarket, largest private food tech company in U.S., reaches $3.5 billion valuation in new funding round

Fresh produce is prepared for distribution at the GrubMarket warehouse in San Francisco, Calif. on Friday, June 15, 2018. Paul Chinn | San Francisco Chronicle | Hearst Newspapers | Getty Images Food logistics company GrubMarket said Tuesday that it has raised $50 million in a Series G funding round, valuing the San Francisco-based firm at

GrubMarket, largest private food tech company in U.S., reaches $3.5 billion valuation in new funding round Read More »

Software startup Rippling sues competitor Deel, claiming a spy carried out ‘corporate espionage’

Software startup Rippling sues competitor Deel, claiming a spy carried out ‘corporate espionage’

Co-founder & CEO of Rippling Parker Conrad speaks onstage during the TechCrunch Disrupt conference in San Francisco on Oct. 20, 2022 Kimberly White | TechCrunc | Getty Images Human resources software startup Rippling sued competitor Deel in federal district court on Monday, claiming that “Deel cultivated a spy” to orchestrate a trade-secret theft. The employee

Software startup Rippling sues competitor Deel, claiming a spy carried out ‘corporate espionage’ Read More »

Trump’s World Liberty Financial crypto project says it sold 0 million in tokens

Trump’s World Liberty Financial crypto project says it sold $550 million in tokens

The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025.  Gabby Jones | Bloomberg | Getty Images President Donald Trump’s World Liberty Financial crypto project said on Monday that it raised $250 million in its second token sale, bringing the total amount of coins sold to $550

Trump’s World Liberty Financial crypto project says it sold $550 million in tokens Read More »

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