Technology
Palo Alto Networks to Acquire CyberArk in $25 Billion Cybersecurity Deal
Palo Alto Networks has announced plans to acquire Israeli identity security firm CyberArk in a deal valued at approximately $25 billion. Under the agreement, CyberArk shareholders will receive $45...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Function Health Acquires Ezra, Introduces Affordable Full-Body Scan
Blood testing startup Function Health has announced its acquisition of Ezra, a company specializing in full-body MRI scans, and introduced a new 22-minute scan...
Waymo to Double Robotaxi Fleet with New Arizona Plant
Alphabet-owned Waymo and auto manufacturing giant Magna International have announced plans to double the production of robotaxis at their new plant in Mesa, Arizona,...
Palantir Reports Strong Earnings and Boosts Revenue Outlook
Palantir Technologies boosted its revenue guidance on Monday while reporting earnings that met analysts' expectations, though its shares dropped by about 9% after hours....
Palantir CEO Alex Karp Delivers Philosophical Shareholder Letter Amid Strong Earnings
Palantir CEO Alex Karp delivered a distinctive message to investors in the company’s first-quarter earnings report, combining business updates with philosophical musings. In his...
Hims & Hers Reports Strong Earnings, But Weak Guidance Sends Shares Lower
Hims & Hers Health saw its stock decline in after-hours trading on Monday after reporting first-quarter earnings that exceeded analysts’ expectations but provided weaker-than-expected...
Hinge Health Posts Strong Q1 Results as It Prepares for IPO
Hinge Health, a digital physical therapy startup, has released its first-quarter results, highlighting strong revenue growth. The company, which filed to go public in...
Starbase Becomes Official Texas City, Led by SpaceX Employees
Elon Musk's new company town, Starbase, located along the Texas Gulf Coast, has officially become a city. The incorporation election, which took place over...
Virtual K-pop Group PLAVE Breaks Records and Hearts Worldwide
PLAVE, a rising star in the K-pop world, is capturing hearts globally—despite not being made of flesh and blood. The five-member group—Yejun, Noah, Eunho,...
TikTok Fined €530 Million Over Data Transfers to China by Irish Regulator
TikTok has been fined 530 million euros ($601.3 million) by Ireland’s Data Protection Commission (DPC) for violating the European Union’s General Data Protection Regulation...
Tether Plans U.S. Stablecoin Launch Amid Political Outreach and Regulatory Push
Tether, the world’s leading stablecoin issuer, is preparing to launch a new U.S.-based stablecoin, with the rollout expected as early as the end of...
Hong Kong Stocks Climb as AIA and Xiaomi Rally Amid Economic Concerns
Hong Kong stocks rose on Wednesday, supported by gains in key index constituents such as AIA and Xiaomi, which helped offset concerns about China’s...
Google Eyes AI Deal with Apple Amid DOJ Antitrust Battle
Google CEO Sundar Pichai testified in Washington this week that the company is aiming to reach an agreement with Apple by mid-year to integrate...
TikTok to Build €1 Billion Data Centre in Finland to Strengthen European Operations
TikTok is moving forward with plans to enhance its European data infrastructure by investing €1 billion (US$1.14 billion) in the construction of its first...
Nvidia Warns U.S. Lawmakers About Huawei’s Rising AI Chip Threat
Nvidia CEO Jensen Huang recently addressed rising concerns about Huawei Technologies' expanding capabilities in artificial intelligence during a confidential meeting with the U.S. House...
