After a big secondary share sale, Revolut's value has risen to seventy-five billion dollars, pushing the limits of Europe's financial technology landscape once again. The announcement, which was made in London on Monday, shows a huge 66% increase from its value last year. For a company that began less than a decade ago as a …
Amazon's most recent promise is one of the most daring things the tech giant has done in the public-sector technology space. The company is sending a clear message by promising to spend up to $50 billion to improve artificial intelligence and supercomputing for its U.S. government clients. The future of national operations, intelligence, research, and …
Elon Musk has always been open about his goals, but his most recent update on Tesla's in-house semiconductor program is different. He said on Sunday that Tesla is almost done with the design phase of its AI5 chip and has already started working on the AI6 chip, which would be the next iteration. He said, …
Parts of the U.S. banking sector are becoming more and more worried after a technology vendor that works with several big banks said it had been hacked, which may have put sensitive client information at risk. The New York Times says that JPMorgan Chase, Citi, and Morgan Stanley are some of the banks whose customer …
Bitcoin has always been known for its big ups and downs, but the most recent drop has even made experienced investors nervous. The mood in global markets changed quickly as the world's most famous cryptocurrency fell towards the important $80,000 mark. What seemed like a year of record-high confidence in digital assets now feels weak …
The long-running fight between Google and U.S. regulators has gotten much more serious now that a federal judge has said that the government's request to break up the company's advertising technology arm can't wait forever. People were arguing in a courtroom in Alexandria, Virginia, about the future of a big part of Google's global business. …
TM Roh, who has been in charge of Samsung Electronics' mobile division for a long time, has been named co-CEO. This marks a new chapter in the company's leadership saga. The choice brings the business back to its original strategy of having two presidents. It also shows that Samsung trusts the divisions that are currently …
As the long-running antitrust case against Google reaches its climax, the internet giant is getting ready for one of the most important defenses in its history. What started as a general political wave of criticism of big Silicon Valley companies has turned into a focused legal dispute that might change the way Google does business …
Bitcoin has always had big ups and downs, but this last drop feels different. A tsunami of caution has swept through global markets in the past few weeks, and digital assets have been at the core of it. Cryptocurrencies are plunging significantly as investors pull back from riskier bets. This is similar to the tension …
A new court verdict has placed Meta, the parent company of Facebook and Instagram, at the center of yet another passionate discussion over data protection, online advertising, and the power giant internet corporations hold over the digital economy. The decision tells Meta to pay more than half a billion dollars to dozens of digital media …
It looks like the long-awaited semiconductor tariffs in the US may not happen as soon as many people thought. Senior officials are quietly hinting that the implementation may be pushed back. President Donald Trump called the initiative a key part of his economic strategy, and it was expected to have a big impact. Now, people …
Researchers have been talking about the idea of a quantum network for a long time. They thought that connecting powerful quantum devices could transform what we can compute and understand. IBM and Cisco are already taking early but important initiatives to make that future more real. Their idea is big, but they have the kind …
Google DeepMind has made another big move toward expanding its business throughout the world by saying it will open a new AI research unit in Asia. The company said this was part of a long-term plan to collaborate more closely with businesses, colleges, and governments in the area, which would help it grow in regions …
Amazon and European regulators are still fighting, and the European Union's General Court just made things worse by refusing to change the company's status as a "very large online platform." This decision, which strengthens Amazon's duties under the EU's Digital Services Act, is part of a larger debate over the power and accountability of big …
