In response to mounting antitrust scrutiny, Microsoft announced on Monday that it plans to decouple its chat and video app, Teams, from its Office suite globally. This move comes six months after a similar unbundling effort in Europe aimed at […]
In an ambitious move set to reshape the landscape of artificial intelligence (AI), Microsoft is reportedly gearing up to build a colossal $100 billion supercomputer dubbed “Stargate,” according to a report from The Information. Stargate is reportedly the fifth and […]
Elon Musk’s pioneering artificial intelligence startup xAI has unveiled its latest Grok-1.5 chatbot. The enhanced version, which will soon be rolling out to users on the X platform (formerly Twitter), boasts improved reasoning capabilities. In an announcement on his social […]
Google.org, the philanthropic arm of Google, today announced the launch of the Google.org Accelerator: Generative AI, a dynamic six-month program designed to bolster nonprofits engaged in pioneering applications of generative AI. The initiative comes hand in hand with a substantial […]
“I’m sorry about that. I’m sorry about what happened at every stage.” In a dramatic turn of events, Sam Bankman-Fried, the once-revered entrepreneur behind the bankrupt FTX cryptocurrency exchange, has been sentenced to 25 years in prison by Judge Lewis […]
In a strategic move aimed at maintaining its dominance in the rapidly evolving landscape of artificial intelligence (AI), Amazon announced it is investing an additional $2.75 billion into AI startup Anthropic. This fresh injection of capital supplements Amazon’s initial $1.25 […]
Former crypto billionaire Sam Bankman-Fried is bracing for his sentencing on Thursday following his conviction for stealing $8 billion from customers of the now-defunct FTX exchange, a company he founded five years ago. At 32, Bankman-Fried stares down the possibility […]
In a significant legal development, the US Securities and Exchange Commission (SEC) secures a pivotal win in its lawsuit against leading cryptocurrency exchange Coinbase. Following a ruling by a federal judge on Wednesday, it has been determined that the SEC’s […]
Exponential.fi, a prominent crypto investment platform, has released its latest report, “The State of DeFi,” shedding light on the current landscape of decentralized finance (DeFi). The report signals a pivotal shift towards safer avenues like staking and secured lending, while […]
In a significant blow to e-commerce giant Amazon, Polish consumer watchdog UOKiK has slapped a hefty fine of 31 million zlotys (approximately $7.8 million) on the company. The fine comes as a consequence of alleged misleading practices regarding product availability […]
In a stunning development, the United States Department of Justice (DOJ) has indicted the cryptocurrency exchange KuCoin and two of its founders for purported violations of anti-money laundering (AML) laws. The charges stem from allegations that KuCoin failed to implement […]
The bustling used car market dwarfs the new car market by more than double, and electric vehicles (EVs) are rapidly joining the fray. This presents a unique challenge: valuing these battery-powered vehicles. Unlike traditional gasoline cars, around 40% of what […]
Fax machines, often considered relics of a bygone era, continue to pulse with life in the modern healthcare landscape, processing a staggering 9 billion transactions annually. Despite the rise of telephones and the internet, the healthcare sector clings to fax […]
In a surprising move, Chinese e-commerce behemoth Alibaba Group Holding has called off its plans for an initial public offering (IPO) of its logistics arm, Cainiao Smart Logistics Network. Instead, the company is opting to acquire the remaining 36% stake […]
In a thrilling market debut on Thursday, Reddit burst onto the New York Stock Exchange scene, sending its shares skyrocketing by an astonishing 70%. The impressive surge marked a formidable entry into the public market for the social media giant, […]
In February, we delved into Adam Neumann’s aspirations after the former WeWork CEO expressed interest in buying back the real-estate startup he co-founded 14 years ago. Fast forward to now, and Neumann has reportedly made a bold move with a […]
Fundguard, an Israeli fintech startup renowned for its AI-powered global asset servicing platform, has just announced a significant milestone. The company revealed on Monday that it has successfully raised $100 million in a private funding round, marking a substantial step […]
Goalsetter, the fintech platform revolutionizing family finance and youth financial literacy, has closed a $9.6 million Series A extension, propelling its total funding to over $30 million since its last major funding round when we covered the fintech startup four […]
In a surprising turn of events, Emad Mostaque, the founder and CEO of Stability AI, has resigned from the company amidst a series of high-profile departures and mounting investor pressure, leaving the startup in a state of uncertainty. This development […]
Are you in your twenties and feeling a bit lost in terms of your career direction? Well, you’re definitely not alone in that boat. This week, we want to share an inspiring story about an entrepreneur who faced numerous setbacks […]
