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Uber inks six-year robotaxi deal with Lucid, invests 0 million in EV company

Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company

Finance News

An autonomous robotaxi from Uber’s partnership with Lucid and autonomous vehicle startup, Nuro. Courtesy: Nick Twork | Lucid Uber on Thursday announced a partnership to deploy more than 20,000 robotaxis over the next six years as demand for driverless cars kicks into high gear. As part of the partnership, the ride-hailing company is teaming up […]

Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company Read More »

Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

Finance News

Omar Marques | Sopa Images | Lightrocket | Getty Images DeFi Development, a company vying to be the MicroStrategy of Solana, is expanding internationally through a franchise model. The company plans to partner with others looking to operate their own Solana treasuries with DeFi’s support. In return, DeFi Development will retain an equity stake in

Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model Read More »

Roblox launches new age verification system to unlock unfiltered chats

Roblox launches new age verification system to unlock unfiltered chats

Finance News

Rafael Henrique | Lightrocket | Getty Images Roblox announced the start of age-verification technology Thursday for users who want to chat more freely on the social-gaming platform as part of its new “trusted connections” feature. Roblox Chief Safety Officer Matt Kaufman said that the company felt it was the right time to implement age-estimation software

Roblox launches new age verification system to unlock unfiltered chats Read More »

TSMC’s second-quarter profit soars nearly 61% as AI chip demand stays strong

TSMC’s second-quarter profit soars nearly 61% as AI chip demand stays strong

Finance News

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, beating

TSMC’s second-quarter profit soars nearly 61% as AI chip demand stays strong Read More »

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials

Finance News

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC In May, Tesla changed its corporate bylaws in a way that would require investors to own 3% of the stock, today worth about $30 billion, in order to file a derivative lawsuit against the company for breach of fiduciary duties. Authorities in New

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials Read More »

Peter Thiel just bought a big stake in the Tom Lee’s ether company and the shares are surging

Peter Thiel just bought a big stake in the Tom Lee’s ether company and the shares are surging

Finance News

Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred Dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.  Eva Marie Uzcategui | Bloomberg | Getty Images Shares of the ether treasury company Bitmine Immersion Technologies surged Wednesday after tech billionaire Peter Thiel

Peter Thiel just bought a big stake in the Tom Lee’s ether company and the shares are surging Read More »

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted

Finance News

Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media in Beijing, China, on Wednesday, July 16, 2025. Na Bian | Bloomberg | Getty Images Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted Read More »

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Finance News

Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by 2% at $119,114.79, according to Coin Metrics, while ether rose 3% to $3,156.   Shares of stablecoin

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week Read More »

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