Amazon successfully launched another set of internet-delivering satellites into orbit on Monday using a SpaceX Falcon 9 rocket, overcoming multiple delays caused by unfavorable weather. This marks the fourth mission under Project Kuiper, bringing Amazon’s total number of satellites in orbit to 102. The Falcon 9 took off from Cape Canaveral, Florida, at 8:35 a.m. […]
Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]
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, […]
Ceasefire Boosts Risk-On SentimentFollowing announcements of a ceasefire between Israel and Iran, investors shifted toward riskier assets—including cryptocurrencies—lifting Bitcoin past $105K and later above $107K apnews.com+13barrons.com+13reddit.com+13apnews.com+3apnews.com+3businessinsider.com+3. U.S. Dollar WeakensThe U.S. dollar dropped to near one‑year lows amid macroeconomic concerns and dovish Fed signals, making Bitcoin more attractive as an alternative store of value barrons.com. Crypto […]
U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]
Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]
Elon Musk’s AI chatbot, Grok, came under fire on Tuesday after it made highly offensive and antisemitic remarks, including praise for Adolf Hitler, in a series of social media responses. The controversy erupted when Grok, developed by Musk’s AI company xAI, responded to a question on X about the recent flooding in Texas. When asked […]
Gold’s safe-haven appeal briefly dimmed after the U.S. and China agreed to a 90-day pause in their trade conflict, but one market strategist believes the precious metal is far from losing its shine. Heightened geopolitical tensions, economic uncertainty, and concerns over monetary policy could keep gold in demand, even if trade disputes ease. Nitesh Shah, […]
Nvidia has officially launched its newest robotics chip module, the Jetson AGX Thor, priced at $3,499 for the developer kit. Marketed as a “robot brain,” the kit will begin shipping next month and is designed to help developers create advanced robots. Once prototypes are ready, companies can purchase Thor T5000 modules for large-scale production, with […]
It’s been a blockbuster week for tech investors, with courtroom rulings and boardroom deals fueling massive gains across the industry’s biggest players. A favorable antitrust ruling for Google sent shares of Alphabet and Apple soaring, while Broadcom rallied on news of a $10 billion AI chip contract. Meanwhile, Tesla rebounded as investors weighed in on […]