Big tech stocks lose billions of dollars due to fears over AI spending
Following years of enormous gains, the market value of the most expensive technology stocks in the world experienced steep drops...
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Over a billion dollars were wagered through Kalshi during the Super Bowl
More than $1 billion was wagered through Kalshi during the Super Bowl, its chief executive said Tuesday, highlighting the platform's...
Britney Spears sells an indie publisher the rights to her discography
Pop star Britney Spears sold the rights to her music catalog to independent publisher Primary Wave, the latest artist to...
After financing $5 billion, Databricks was valued at $134 billion
According to a Monday CNBC article, Databricks closed its most recent investment round for $5 billion, with a $134 billion...
TikTok is added to the media empire of billionaire Larry Ellison
To avoid being banned in the US, TikTok just signed a $14 billion deal to create a US subsidiary. As...
Nvidia’s profits for the quarter increased by 65% to $31.91 billion
Driven by its data center business, US chipmaker Nvidia posted a profit of $31.91 billion in the third quarter of...
Microsoft to collaborate with Harvard to improve healthcare and lessen reliance on OpenAI
Microsoft will collaborate with Harvard Medical School to improve its Copilot artificial intelligence assistant with health material, as part of...
Cadillac expects one out of every three vehicles sold to be electric by 2025
Cadillac expects one-third of its vehicles sold in the United States this year to be all-electric, as the manufacturer expands...
South Korea removes Deepseek from app stores due to privacy concerns
According to South Korea's Personal Data Protection Commission, fresh downloads of China's DeepSeek artificial intelligence (AI) chatbot are not permitted....
Banorte, led by Carlos Hank González, has been awarded by Google Cloud for driving digital innovation in Mexican banking
Grupo Financiero Banorte has won the DORA Google Cloud 2024 Award in the Large-Scale Improvements Throughout the Organization category for...
