Jakub Porzycki | Nurphoto | Getty Images Business moguls like Elon Musk should be prepared to spend tens of billions of Dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell. TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law in […]
Mustafa Ciftci | Anadolu via Getty Images Bitcoin extended its rebound on Wednesday, hovering just below $100,000 after another encouraging inflation report fueled investors’ risk appetite. The price of the flagship cryptocurrency was last higher by more than 3% at $99,444.43, bringing its 2-day gain to about 7%, according to Coin Metrics. The CoinDesk 20
Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite Read More »
Microsoft Chairman and CEO Satya Nadella speaks during the Microsoft May 20 Briefing event at Microsoft in Redmond, Washington, on May 20, 2024. Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company’s world leading operating system. Jason Redmond | AFP | Getty Images
Microsoft launches consumption-based 365 Copilot Chat option for corporate users Read More »
Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban. Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social media apps, and others
Beata Zawrzel | Nurphoto | Getty Images The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose his ownership in Twitter and buying shares at “artificially low prices.” Musk, who is also CEO of Tesla and SpaceX, purchased Twitter for $44 billion, later
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership Read More »
Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by the chipmaker. Turning Intel Capital, which has $5 billion in assets, into a standalone fund will allow it to raise money from outside investors, Intel
Intel to spin off venture capital arm as chipmaker continues to restructure Read More »
Executive Chair and CEO of Microsoft Corporation Satya Nadella speaks during the “Microsoft Build: AI Day” event in Jakarta, Indonesia, on April 30, 2024. Ajeng Dinar Ulfiana | Reuters Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company continues seeking ways to
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says Read More »
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters Tesla and SpaceX CEO Elon Musk, Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos will attend President-elect Donald Trump’s inauguration, NBC News reported on Tuesday.
Elon Musk, Mark Zuckerberg and Jeff Bezos will attend Trump inauguration Read More »
Jaque Silva | Nurphoto | Getty Images LONDON — The U.K. says it wants to do its “own thing” when it comes to regulating artificial intelligence, hinting at a possible divergence from approaches taken by its main Western peers. “It’s really important that we as the U.K. do our own thing when it comes to
U.S. President Joe Biden delivers a speech at the State Department in Washington, U.S. Jan. 13, 2025. Evelyn Hockstein | Reuters President Joe Biden issued an executive order Thursday aimed at speeding domestic construction of artificial intelligence infrastructure and shoring up the national security risk involved in the technology. The move empowers the U.S. Department
Biden opens federal land for AI data centers, sets rules for developers Read More »
