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MicroStrategy copycats are getting out of control as Canadian vape company joins fray

MicroStrategy copycats are getting out of control as Canadian vape company joins fray

Technology News

The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov. 6, 2024.  David Lombeida | Bloomberg | Getty Images The crypto market’s bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication. On Monday, a little-known Canadian vape company saw its stock surge […]

MicroStrategy copycats are getting out of control as Canadian vape company joins fray Read More »

Firefly Aerospace sets IPO range that would value rocket maker at .5 billion

Firefly Aerospace sets IPO range that would value rocket maker at $5.5 billion

Technology News

Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025. Sergio Flores | Reuters Firefly Aerospace will price shares at $35 to $39 each in its upcoming initial public offering, a deal that would value the rocket maker at about $5.5 billion.

Firefly Aerospace sets IPO range that would value rocket maker at $5.5 billion Read More »

Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth

Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth

Technology News

The Huawei flagship store and the Apple flagship store at Nanjing Road Pedestrian Street in Shanghai, China, Sept. 2, 2024. Cfoto | Future Publishing | Getty Images Huawei reclaimed the top spot in China’s smartphone market in the second quarter of the year, while Apple returned to growth in the country — one of its

Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth Read More »

Alibaba to launch AI-powered glasses creating a Chinese rival to Meta

Alibaba to launch AI-powered glasses creating a Chinese rival to Meta

Technology News

Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category. Alibaba Alibaba on Monday unveiled a pair of smart glasses powered by its artificial intelligence models, marking the Chinese firm’s first foray into the product category.

Alibaba to launch AI-powered glasses creating a Chinese rival to Meta Read More »

Samsung Electronics signs .5 billion chip-supply contract; shares rise

Samsung Electronics signs $16.5 billion chip-supply contract; shares rise

Technology News

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors, a regulatory filing showed Monday. Samsung shares were up more than 2% in early trading. The South

Samsung Electronics signs $16.5 billion chip-supply contract; shares rise Read More »

Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service

Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service

Technology News

Jakub Porzycki | Nurphoto | Getty Images Elon Musk’s satellite internet service Starlink said it had a “network outage” on Thursday. The company said it was working on a solution. There were more than 60,000 reports of an outage on Downdetector, a site that logs issues. Starlink is owned and operated by SpaceX, which is

Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service Read More »

Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

Technology News

Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck The company’s digital assets are currently valued at $1.24 billion. That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market

Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions Read More »

Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies

Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies

Technology News

Elon Musk receives a golden key from U.S. President Donald Trump in the Oval Office at the White House in Washington, D.C., U.S., May 30, 2025. REUTERS/Nathan Howard Nathan Howard | Reuters President Donald Trump on Thursday denied claims that he wants to wreck Elon Musk’s companies and their work with the U.S. government. “Everyone

Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies Read More »

Nvidia addresses AI chip smuggling, says bootleg datacenters are a ‘losing proposition’

Nvidia addresses AI chip smuggling, says bootleg datacenters are a ‘losing proposition’

Technology 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 said Thursday that datacenters built with smuggled chips are a “losing proposition” and that it does not support unauthorized products. The statement came in response

Nvidia addresses AI chip smuggling, says bootleg datacenters are a ‘losing proposition’ Read More »

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