Snowflake Shares Surge on Strong Forecast and AI Deal
PayPal Outage Disrupts Services Amid Bitcoin Surge
November 21, 2024 – PayPal is experiencing a system outage that is impacting several of…
US Watchdog Imposes New Rules on Big Tech Payments and Digital Wallets
November 21, 2024 – The U.S. Consumer Financial Protection Bureau (CFPB) has finalized a new…
AI Forces Tech Investors to Shift Focus Toward Macroeconomics
Tech investors are being forced to rethink their strategies as artificial intelligence (AI) brings about…
Alibaba Combines E-Commerce Arms to Strengthen Against Competition
Shanghai – Alibaba Group has announced the integration of its domestic and international e-commerce platforms…
PDD Holdings Misses Revenue and Profit Estimates as Consumer Spending Struggles
PDD Holdings, the parent company of China’s popular e-commerce platform Pinduoduo, reported disappointing third-quarter results,…
Iceland’s Reykjanes Peninsula Erupts for Seventh Time in a Year
A volcano on Iceland's Reykjanes Peninsula erupted for the seventh time since December, continuing the…
Numenta Launches Open-Source AI Model, Backed by Gates Foundation
Numenta, a company supported by the Gates Foundation, unveiled an open-source AI model on Wednesday…
US Government Moves to Break Up Google, Seeks Sale of Chrome Browser
The U.S. government has officially proposed breaking up Google, asking a federal judge to force…
South Korea’s SK Square Announces Share Buybacks to Boost Shareholder Value
SEOUL– SK Square (402340.KS), the holding company of South Korea’s SK Hynix (000660.KS), a leading…