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...
Microsoft CEO Satya Nadella Reflects on 2025 Layoffs Amid AI Transformation
Microsoft has cut more than 15,000 jobs so far in 2025, a move that has weighed heavily on CEO Satya Nadella. In a memo...
Starlink Satellite Internet Suffers Major Outage Amid Growing User Demand
Elon Musk’s satellite internet service, Starlink, faced a significant network outage on Thursday, lasting roughly two and a half hours and disrupting connectivity for...
Starlink Experiences Multi-Hour Network Outage Amid Growing User Base
Elon Musk’s satellite internet provider, Starlink, experienced a significant network outage on Thursday that lasted for approximately two and a half hours. The disruption...
Intel Stock Drops as Company Cuts Foundry Costs Amid Uncertain Chip Manufacturing Future
Intel’s stock plunged more than 8% after the company announced plans to cut costs in its chip foundry business as part of efforts to...
Tesla Launches Retro-Futuristic Diner Supercharger Station in Los Angeles
Tesla has officially opened its first-ever diner-themed Supercharger station in Los Angeles, bringing to life a concept CEO Elon Musk first hinted at in...
Palantir Joins Top 20 Most Valuable U.S. Companies Amid AI Growth
Palantir has achieved a significant milestone in its rapid stock surge, now ranking among the 20 most valuable companies in the United States. The...
Shengjia Zhao Named Chief Scientist of Meta Superintelligence Labs
Meta CEO Mark Zuckerberg announced that Shengjia Zhao, known for co-creating ChatGPT and contributing to the development of GPT-4 and other foundational models, will...
Tesla’s Robotaxi Plans Face Regulatory Hurdles in California
Tesla’s ambitions to expand its robotaxi service into the San Francisco Bay Area are running into roadblocks from California state regulators. While CEO Elon...
Tesla Faces Investor Doubt Amid Falling Sales and Robotaxi Skepticism
Tesla is grappling with declining vehicle sales, narrowing profits, and a diminishing revenue stream from regulatory credit sales, particularly as policy shifts under Republican...
Samsung Secures $16.5 Billion Semiconductor Deal with Tesla
Samsung Electronics has signed a $16.5 billion contract to supply semiconductors to Tesla, with the agreement effective from July 26, 2025, and running through...
Apple, Huawei, Xiaomi Lead China’s Top Online Consumer Brands
Apple, Huawei Technologies, and Xiaomi have emerged as the top three brands favored by mainland Chinese consumers based on online purchasing behavior, according to...
Stablecoins Gain Traction as Hong Kong and US Move Toward Regulation
The rise of stablecoins continues to shape the cryptocurrency landscape, with renewed regulatory focus from authorities in Hong Kong and the United States. As...
Xiaomi Launches YU7 SUV to Challenge Tesla Model Y in China’s EV Market
Tesla’s dominance in China’s premium electric vehicle market faces a new test with the launch of Xiaomi’s YU7 SUV. Introduced with great anticipation, the...
BYD Overtakes Tesla in European EV Sales Amid Rising Demand and Tariff Pressures
Chinese carmaker BYD surpassed Tesla in battery electric vehicle (BEV) sales in Europe for the first time in April, signaling a major shift in...