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Reddit rallies after three-day slump as analyst calls sell-off ‘excessive’
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Spencer Platt |…
Trump says he will label violence against Tesla as domestic terrorism
President Donald Trump said he will label violence against Tesla dealerships as domestic terrorism, per a transcript shared by the White House pool reporters, a sign of deepening ties with Elon Musk.
“Tesla Takeovers” have been…
Trust & Will raises $25 million in funding round, UBS invests
Trust & Will founders, Cody Barbo (CEO), Brian Lamb, and Daniel Goldstein.Courtesy: Trust & WillLegal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San…
Apple’s next major OS updates will bring the biggest design overhaul in years
Apple’s next set of major updates for the iPhone, iPad and Mac operating systems could bring the biggest design changes across the company’s platforms in years, Bloomberg reported, citing anonymous sources.
The revamp, set to come in…
Tesla shares plunge 15%, suffering steepest drop in five years
Tesla's sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.On Friday, Tesla wrapped up a seventh straight week of losses, its longest…
Nvidia down 30% from high as tech-led sell-off hits ‘Magnificent Seven’
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas on Jan. 6, 2025.Steve Marcus | ReutersNvidia has lost nearly a third of its value just two months after notching a fresh…
At SXSW, Bluesky CEO Jay Graber pokes fun at Mark Zuckerberg with Latin phrase T-shirt
When Bluesky CEO Jay Graber walked on stage at SXSW 2025 for her keynote discussion, she wore a large black T-shirt with her hair pulled back into a bun. At first glance, it might appear as though she’s following the same playbook that…
Bitcoin falls as volatility continues after Trump’s bitcoin reserve plan
Jonathan Raa | Nurphoto | Getty ImagesBitcoin fell on Monday as volatility in the price of the world's largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve…
Neom is reportedly turning into a financial disaster, except for McKinsey & Co.
A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole.
Plagued by delays…
Palantir delivers first two AI-enabled systems to U.S. Army
A Palantir Technologies TITAN, Tactical Intelligence Targeting Access Node, for military defense field intelligence deployment, is displayed at the companys booth during the Consumer Electronics Show (CES) in Las Vegas, Nevada on Jan. 5,…
Tammy Nam joins AI-powered ad startup Creatopy as CEO
Creatopy, a startup that uses AI to automate the creation of digital ads, has brought on a new CEO: Tammy Nam.
Nam was previously COO and CMO at photo-editing startup PicsArt, and before that the CEO of video streamer Viki. She told…
Student helps coders use AI to cheat in Google, other job interviews
A person walks past the entrance to a Google building in Dublin, Feb. 15, 2023.Artur Widak | Anadolu | Getty ImagesAfter landing internship offers from Amazon, Meta and TikTok, computer science student Chungin "Roy" Lee has decided to…
Hinge Health to go public as soon as April, source says
Hinge Health's TrueMotion feature.Courtesy: Hinge HealthDigital physical therapy startup Hinge Health is gearing up to file for an initial public offering, potentially as soon as next week, CNBC has learned.Hinge Health helps patients…
New DOJ proposal still calls for Google to divest Chrome, but allows for AI investments
The US Department of Justice is still calling for Google to sell its web browser Chrome, according to a Friday court filing.
The DOJ first proposed that Google should sell Chrome last year, under then-President Joe Biden, but it seems…
How Facebook Marketplace is keeping young people on the platform
Meta's Facebook's influence remains strong globally, but younger users are logging in less. Only 32% of U.S. teens use Facebook today, down from 71% in 2014, according to a 2024 Pew Research study. However, Facebook's resale platform…
Microsoft reportedly ramps up AI efforts to compete with OpenAI
Microsoft is accelerating its push to compete with OpenAI, its longtime collaborator, by developing its own powerful AI models and exploring alternatives to power products like Microsoft’s Copilot bot.
Microsoft has developed its own…
Tesla shares declined every week since Elon Musk went to Washington
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025.Brian Snyder | ReutersTesla's stock has never had a stretch this red.For seven…
Apple unveils MacBook Air models with $100 price cut despite tariffs
Apple's M4 MacBook Air in a marketing photograph.AppleApple on Wednesday announced new MacBook Air models that update the company's bestselling laptop with a faster M4 chip and an upgraded videoconferencing camera.The computers also got…