Meta unveiled a new wave of safety features on Wednesday aimed at better protecting teenagers across its platforms. These updates include stronger direct messaging safeguards to combat exploitative content and new tools to help teens identify and report suspicious users. Now, younger users will see added context about the people they’re chatting with—such as the […]
Xiaomi shares fell more than 5% on Monday, their steepest decline since April, after reports emerged of a fatal crash involving the company’s SU7 electric vehicle in Chengdu, China. The incident, which killed a 31-year-old male driver suspected of drunk driving, sparked a wave of safety concerns after video footage showed bystanders unsuccessfully trying to […]
In a significant cyberattack on June 18, 2025, the pro-Israel hacker group Predatory Sparrow, also known as Gonjeshke Darande, infiltrated Iran’s largest cryptocurrency exchange, Nobitex, and destroyed over $90 million worth of digital assets. The stolen funds were transferred to inaccessible “vanity addresses”—cryptographic wallets designed to be uncrackable due to their complex keys. These addresses […]
Google has significantly reduced its management layers, trimming over one-third of managers who were overseeing small teams, as part of its broader push for efficiency and streamlined operations. Brian Welle, Vice President of People Analytics and Performance, shared in an all-hands meeting that the company now has 35% fewer managers with smaller reporting teams compared […]
Block Inc., the fintech giant founded by Jack Dorsey, saw its shares drop nearly 8% on Friday following weaker-than-expected third-quarter results that highlighted a slowdown in profit growth from its Square business segment. Here’s how the company performed compared with LSEG analyst estimates: Earnings per share (adjusted): $0.54 vs. $0.67 expected Revenue: $6.11 billion vs. […]
Nvidia’s chief executive Jensen Huang is set to accompany President Donald Trump on a state visit to the United Kingdom next week, alongside a lineup of top U.S. business leaders. According to reports, the delegation will include OpenAI’s Sam Altman, Blackstone CEO Stephen Schwarzman, and BlackRock CEO Larry Fink, with Apple CEO Tim Cook also […]
Nvidia has invested more than $900 million to bring in Enfabrica CEO Rochan Sankar along with several key employees, while also securing a license for the startup’s cutting-edge technology. The deal, completed last week, combines cash and stock compensation, according to people familiar with the matter. This move mirrors similar AI talent acquisitions made recently […]
Elon Musk’s neurotechnology company, Neuralink, has secured $650 million in its Series E funding round, propelling the company toward its ambitious goal of revolutionizing brain-computer interfaces (BCIs). This latest investment underscores growing investor confidence in Neuralink’s mission to bridge the gap between human cognition and artificial intelligence. What Is Neuralink? Founded in 2016 by Elon […]
Microsoft announced Wednesday that it will lay off around 9,000 employees, impacting fewer than 4% of its global workforce. The reductions will span across various teams, locations, and experience levels, according to a source familiar with the matter. The move aligns with the start of Microsoft’s 2026 fiscal year, a time when the tech giant […]
NEW YORK — Bitcoin pulled back on Monday, cooling off after hitting a one-month high last week, as traders looked beyond the Federal Reserve’s latest rate cut and awaited fresh signals on the U.S. economic outlook. The world’s leading cryptocurrency slipped 2.5% to $113,000 as of 09:39 ET (13:39 GMT), retreating from last week’s peak […]