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...
Uber Tightens Remote Work Policy and Adjusts Employee Benefits
Uber has informed employees of significant changes to its workplace policy, including a stricter in-office attendance requirement and adjustments to employee benefits. CEO Dara...
Alibaba Launches Qwen3, a Major Leap in Open-Source AI Development
Alibaba has unveiled the next generation of its open-source large language models, Qwen3, signaling a significant leap forward in China’s rapidly evolving artificial intelligence...
PayPal Prioritizes Profitability in Q1 Amid Revenue Miss and Macroeconomic Headwinds
PayPal reported stronger-than-expected first-quarter earnings, driven by its continued emphasis on profitability, even as revenue slightly missed market expectations. The company posted adjusted earnings...
Venmo Emerges as Key Revenue Driver for PayPal Amid Growing Monetization Efforts
Venmo, once seen as a popular peer-to-peer payment app with limited monetization, is becoming a more significant contributor to PayPal’s business. In its first-quarter...
Amazon Denies Plan to Display Import Charges on Haul Products
Amazon has officially denied plans to display import charges on products sold through its Haul platform, a low-cost storefront offering items like clothing and...
Meta Launches Stand-Alone AI App to Compete with ChatGPT and Rivals
Meta Platforms has launched a stand-alone artificial intelligence assistant app powered by its proprietary Llama AI model, marking a major step in its ongoing...
SEC Explores Crypto Reform Amid Calls for Clear Custody Rules
SEC Chair Paul Atkins said Friday that innovation in the crypto sector has been “stifled for the last several years,” pointing to the need...
Fintech Stocks Rally as Shift4, Upstart, and PayPal Drive Market Momentum
Fintech stocks saw notable movement Tuesday as a wave of earnings releases and analyst commentary spurred investor reactions across the sector. Shares of Shift4...
SpaceX Denied Greater Control Over Texas Roads and Beaches Amid Starbase City Push
As SpaceX pushes forward with its plans to incorporate Starbase into an official city in Texas, lawmakers have rejected legislation that would have granted...
Virtual Power Plant Startup Base Offers Battery Backup Amid Grid Uncertainty
With extreme weather events becoming more frequent in a warming world, many homeowners are seeking reliable energy solutions. Backup batteries have gained popularity, but...
Snap Reports Q1 Revenue Beat but Issues Cautious Outlook
Snap reported better-than-expected first-quarter revenue on Tuesday but caused concern with its decision not to provide guidance for the second quarter. The company cited...
Super Micro Shares Drop 19% After Lower-than-Expected Q3 Results
Super Micro's shares dropped as much as 19% on Tuesday following the announcement of its preliminary third-quarter fiscal results, which fell short of analysts'...
Waymo and Toyota Partner to Explore Autonomous Technology for Personal Vehicles
Waymo, the autonomous driving division of Alphabet, and Toyota have announced a preliminary partnership to explore how to bring robotaxi technology to personally-owned vehicles....
Samsung Reports Record Revenue and Growth in Q1 Despite Economic Challenges
Samsung Electronics exceeded analysts' expectations in its first-quarter results, with a 10% increase in revenue and a 1.5% rise in operating profit. The company’s...