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Nebius shares soar 49% in premarket trading on multi-billion AI infrastructure deal with Microsoft

Nebius shares soar 49% in premarket trading on multi-billion AI infrastructure deal with Microsoft

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Sopa Images | Lightrocket | Getty Images Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company’s announcement of a multi-billion-dollar deal with Microsoft. Nebius’ stock was up

Nebius shares soar 49% in premarket trading on multi-billion AI infrastructure deal with Microsoft Read More »

Ex-Meta employee files whistleblower suit for alleged security flaws at WhatsApp

Ex-Meta employee files whistleblower suit for alleged security flaws at WhatsApp

Thomas Fuller | SOPA Images | Lightrocket | Getty Images An ex-Meta employee sued the social media company on Monday over allegations that its WhatsApp messaging service contained “systemic cybersecurity failures” that potentially compromise user privacy. Attaullah Baig, WhatsApp’s former head of security, alleged that Meta retaliated against him after he notified leaders, including CEO

Ex-Meta employee files whistleblower suit for alleged security flaws at WhatsApp Read More »

Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury

Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury

Daniel Ives, Wedbush Securities Scott Mlyn | CNBC Wedbush Securities’ Dan Ives is joining a new company focused on accumulating Worldcoin (WLD), the native token of the blockchain used in Open AI creator Sam Altman’s biometric identity verification startup, World. Eightco Holdings, a tiny company that currently trades on the Nasdaq under the ticker “OCTO,”

Dan Ives to become chair of company that will buy Sam Altman-backed Worldcoin for its treasury Read More »

Klarna’s IPO will test if it’s more than just a one-trick ‘buy now, pay later’ pony

Klarna’s IPO will test if it’s more than just a one-trick ‘buy now, pay later’ pony

As Klarna gears up for its highly-anticipated initial public offering, investors will be closely scrutinizing the fintech firm’s bid to rebrand itself as an all-encompassing digital bank. The Swedish payments group has become synonymous with the buy now, pay later (BNPL) model, which allows people to split purchases into interest-free installments. However, in recent months

Klarna’s IPO will test if it’s more than just a one-trick ‘buy now, pay later’ pony Read More »

Google leads monster week for tech, pushing megacaps to combined  trillion in market cap

Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap

Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images From the courtroom to the boardroom, it was a big week for tech investors. The resolution of Google’s antitrust case led to sharp rallies

Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap Read More »

Trump threatens trade probe after ‘discriminatory’ EU fines against Google, Apple

Trump threatens trade probe after ‘discriminatory’ EU fines against Google, Apple

US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. Will Oliver | Bloomberg | Getty Images President Donald Trump on Friday threatened to launch a trade investigation to “nullify” what he said were discriminatory fines being

Trump threatens trade probe after ‘discriminatory’ EU fines against Google, Apple Read More »

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