Today: 5. Nov, 2024
Nvidia, a dominant player in the tech world renowned for its pioneering graphics processing units (GPUs), is on the cusp of breaking its all-time high in stock value. Although currently trading around 10% below its previous peak, recent market indicators suggest the…
In recent months, Alphabet, the parent company of Google, has seen its stock price drop by 22% from its high in July. This decline has been driven by concerns surrounding heightened competition in the search engine market, increased spending on artificial intelligence…
In the fast-paced world of technology, the resurgence of Huawei stands out as a phenomenal turnaround. Previously hampered by international trade sanctions, Huawei has rebounded with vigor, rapidly regaining its status as a powerhouse in the tech industry. Central to Huawei’s resurgence…
In a remarkable turn of events for the tech giant, Microsoft’s stock soared to unprecedented heights, reaching a record-breaking close at $377.44 on Monday. The surge in investor confidence coincided with the announcement of Sam Altman, the visionary former CEO of OpenAI,…
SpaceX, helmed by Elon Musk, has initiated a legal action against the U.S. Department of Justice in a Texas federal jurisdiction, contending the unconstitutionality of the DOJ’s allegations of hiring bias. This legal move by SpaceX follows the recent lawsuit by the…
In the ever-escalating arena of artificial intelligence (AI), Google is taking a substantial leap forward by expanding the capabilities of its AI chatbot, Bard. In a strategic move to counter competitive threats from industry rivals such as OpenAI and Microsoft, the tech…
Several million iPhone users might soon benefit from a financial settlement due to their older iPhones experiencing reduced performance after certain software updates. Apple has committed to disbursing an amount ranging from $310 million to $500 million, which could benefit an estimated…
Tesla directors have agreed to repay $735 million to the corporation to settle a lawsuit accusing them of grossly overpaying themselves. The settlement, one of the largest of its kind, was declared in a Monday filing in a Delaware court. The settlement…
Despite robust stock market performance and promising second-quarter corporate earnings, US startups, particularly those in Silicon Valley, are navigating through turbulent waters. Big tech firms like Apple, Amazon, Alphabet, and Microsoft continue to thrive, but their smaller startup counterparts are battling for…
Meta Platforms’ strategic shift from metaverse development towards artificial intelligence (AI) has the potential to alter the industry’s landscape drastically. Since February, Meta Platforms (NASDAQ: META) has embarked on a vigorous initiative to incorporate AI into every facet of its operations. While…
