Technology

Eurosystem Charts Future of Finance with Appia Roadmap for Tokenised Markets

The Eurosystem has launched the Appia roadmap, outlining its strategy for developing a tokenised wholesale financial ecosystem in Europe, ensuring central bank money remains central.

Everest Medicines Secures Rights to CARDAMYST™ Nasal Spray for Greater China in Up to $50 Million Deal

Everest Medicines acquires rights to CARDAMYST™ (etripamil) nasal spray for Greater China in a deal valued up to $50 million, aiming to enhance its cardiovascular offerings.

ICE Agents Deployed to Airports Amid DHS Shutdown, Sparking Controversy

ICE agents deployed to airports amid DHS shutdown to ease TSA lines, sparking controversy and criticism over training and security implications.

Strait of Hormuz Crisis: Trump Issues Ultimatum to Iran Amid Escalating Tensions

US President Donald Trump issues a 48-hour ultimatum to Iran over the Strait of Hormuz, threatening military action. Iran vows retaliation, leading to fears of a wider conflict and a worsening global energy crisis.

Leonardo Strengthens Naval Capabilities with Full Acquisition of GEM Elettronica

Leonardo completes the acquisition of GEM Elettronica, boosting its naval systems and radar technology capabilities. Learn more about the strategic implications.

Tech Stocks Surge $420 Billion Amid Antitrust Wins, AI Deals, and Tesla Pay Plan

ChatGPT said: It was a strong week for U.S. tech investors as major developments in antitrust, artificial intelligence, and executive pay boosted market sentiment. Alphabet...

FTC Commissioner Questions Status of AI Chatbot Complaint Against Snap

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised concerns regarding the status of a non-public complaint involving Snap’s My AI chatbot, which the agency...

AppLovin and Robinhood to Join S&P 500, Shares Jump

Shares of advertising technology firm AppLovin and stock trading platform Robinhood Markets surged roughly 7% each in extended trading after S&P Global announced that...

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,...

Ethereum Turns 10: A New Era of Institutional Adoption and Decentralized Growth

Ethereum has entered its second decade with renewed optimism, following years of underperformance and doubt about its long-term relevance. While its native token, ether...

Robinhood Surpasses Q2 Expectations with 45% Revenue Growth and Strong User Gains

Robinhood delivered better-than-expected second-quarter results, continuing its strong momentum as the top-performing large-cap U.S. tech stock of the year. The company reported earnings per...

OpenAI Launches First European Stargate AI Data Center in Norway

OpenAI announced the launch of a Stargate-branded AI data center in Norway, marking its first such initiative in Europe. The project will be developed...

Meta’s Reality Labs Posts $4.5 Billion Loss in Q2 Amid AR/VR Expansion

Meta’s Reality Labs division, responsible for developing augmented and virtual reality technologies, reported an operating loss of $4.53 billion for the second quarter. The...

Qualcomm Beats Q3 Expectations and Projects Strong Outlook Despite Apple Phase-Out

Qualcomm reported fiscal third-quarter results that exceeded analyst expectations, delivering adjusted earnings per share of $2.77 on revenue of $10.37 billion. Both figures narrowly...

Microsoft Hits $4 Trillion Market Cap After Strong Earnings, Joins Nvidia at the Top

Microsoft has surged into the exclusive $4 trillion market cap club, following a post-earnings rally that sent its shares soaring 8% in after-hours trading....

Figma Prices IPO at $33, Raising $1.2 Billion and Valuing Company at $19.3 Billion

Figma, the collaborative design platform, has officially priced its initial public offering at $33 per share, surpassing its projected range of $30 to $32....

eBay Shares Surge 10% After Strong Q2 Results and Positive Outlook

Shares of eBay jumped 10% in extended trading after the company posted stronger-than-expected results for the second quarter and issued an optimistic forecast for...

Mark Zuckerberg Commits to Sustained AI Investment Amid Industry-Wide Spending Surge

Meta CEO Mark Zuckerberg confirmed plans to maintain aggressive spending on artificial intelligence well into next year, aligning with similar moves by other leading...

Samsung Q2 Earnings Miss Expectations Amid Sharp Chip Profit Decline

Samsung Electronics reported a second-quarter operating profit of 4.7 trillion Korean won ($3.38 billion), falling short of analyst expectations due to a dramatic 93.8%...

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