Bitcoin surged to a fresh all-time high on Thursday, breaking through $113,000 as investor enthusiasm returned to risk assets and a wave of short liquidations pushed prices even higher. The top cryptocurrency climbed as much as $113,863.18 during the day before settling around $113,459, marking a nearly 2% daily gain. This latest rally extends the […]
Super Micro is set to boost its presence in Europe by expanding the manufacturing of its AI server infrastructure, according to CEO Charles Liang. The company, known for building high-performance servers powered by Nvidia chips, currently operates facilities in the Netherlands but is now looking to grow further across the region. “Demand in Europe is […]
Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]
Microsoft announced that beginning February 2025, employees based near its Redmond headquarters and across the Puget Sound region will be required to work on-site at least three days a week. The policy will gradually expand to other U.S. offices before rolling out globally. In an internal memo, Amy Coleman, Chief of Human Resources at Microsoft, […]
Charlie Javice, the 33-year-old founder of fintech startup Frank, has been sentenced to just over seven years in federal prison after being convicted of defrauding JPMorgan Chase in its $175 million acquisition of her company. In March, a jury found Javice and her former chief growth officer, Olivier Amar, guilty on three counts of fraud […]
Microsoft has revealed that multiple China-linked hacking groups have been actively exploiting a vulnerability in its SharePoint collaboration platform. According to a blog post by the tech giant, malicious activity tied to the Chinese threat actors known as Linen Typhoon, Violet Typhoon, and Storm-2603 began as early as July 7. These groups have attempted to […]
For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the booming world of artificial intelligence feels far removed from his daily challenges. While tech giants like Nvidia, Alphabet, and Broadcom continue to drive Wall Street to record highs and lift the nation’s GDP, many small and midsize businesses are fighting just to stay afloat. […]
Amazon is set to phase out its standalone Freevee streaming service in August as part of a broader effort to streamline its entertainment offerings under the Prime Video umbrella. Freevee, which originally launched in 2019 as an ad-supported platform under IMDb—acquired by Amazon in 1998—offered free TV shows, original content, and select titles from Prime […]
Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]
Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]