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...
Revolut Hits $1 Billion Profit as It Prepares UK Bank Launch
British fintech firm Revolut has reached a major milestone, announcing a net profit of £1.1 billion ($1.5 billion) for the year ending December 31,...
Adobe to Launch Mobile Version of AI Image Generator Firefly
Adobe has announced plans to launch a mobile version of its Firefly AI image generation tool, enhancing its challenge to competitors like OpenAI. At...
South Korea Investigates DeepSeek for Unauthorized Data Transfers
South Korea's data protection authority, the Personal Information Protection Commission (PIPC), has determined that Chinese AI startup DeepSeek collected personal data from local users...
ServiceNow Shares Surge After Strong Q1 Results and Upbeat Forecast
ServiceNow saw its shares surge more than 15% after posting stronger-than-expected first-quarter results and issuing an optimistic full-year forecast, despite the ongoing macroeconomic uncertainties....
Meta Lays Off Employees in Reality Labs as It Restructures for Future VR and AR Growth
Meta has made significant layoffs in its Reality Labs division, which focuses on developing virtual reality (VR), augmented reality (AR), and related wearable devices....
Waymo Surpasses 250,000 Weekly Robotaxi Rides as It Expands in the U.S.
Alphabet's autonomous vehicle division, Waymo, has hit a new milestone, now delivering more than 250,000 paid robotaxi rides per week across the United States....
Intel Warns of Recession Risks Amid Tariff Uncertainty and Trade Disruptions
Intel’s Chief Financial Officer David Zinsner warned that rising tariffs imposed by the U.S. and retaliatory measures from other countries are significantly increasing the...
Alphabet Flags Ad Headwinds Amid Tariff Uncertainty and Global Economic Jitters
Alphabet, the parent company of Google, acknowledged potential challenges to its core advertising business as global economic uncertainty, fueled by President Donald Trump’s new...
BMW to Integrate DeepSeek AI in China-Made Vehicles Starting This Year
BMW has announced plans to incorporate artificial intelligence developed by Chinese startup DeepSeek into its new vehicle models in China beginning later this year....
Chinese Authorities Urge E-Commerce Platforms to End Refund-Without-Return Policy
Chinese authorities have directed e-commerce platform operators to cease the practice of refunding customers without requiring the return of goods, in an effort to...
Xiaomi Denies YU7 Electric SUV Launch Delay Amid Shanghai Auto Show Absence
Xiaomi, the Chinese tech giant, has denied reports suggesting a delay in the launch of its highly anticipated YU7 electric SUV. In a statement...
CATL Unveils Breakthrough Superfast Charging Battery and New Sodium-Ion Tech
On Monday, China’s CATL, the world’s largest supplier of electric vehicle (EV) batteries, unveiled a range of new products, including a groundbreaking superfast charging...
Instagram Launches Edits App as Rival to TikTok’s CapCut
On Tuesday, Instagram launched its new standalone video creation app called Edits, designed to offer a suite of tools for creators to shoot, organize,...
Tesla Short Sellers Gain $11.5 Billion as Stock Plunges in 2025
Tesla shareholders have faced a punishing 2025 so far, while short sellers betting against the stock have enjoyed extraordinary profits. According to S3 Partners,...
