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...
Concerns Raised Over DeepSeek AI in Chinese Hospitals Amid Safety and Privacy Risks
A group of researchers in China has expressed concerns over the rapid adoption of DeepSeek’s artificial intelligence models in hospitals, citing significant risks to...
Shenzhen Launches 5 Billion Yuan Fund to Boost Semiconductor Industry amid Geopolitical Tensions
Shenzhen, a major technology hub in southern China, has launched a dedicated semiconductor industry fund worth 5 billion yuan (approximately US$692.5 million) to bolster...
Foxconn Reports Strong Q1 Profit Surge, but Offers Conservative Full-Year Outlook
Foxconn, the world's largest contract electronics manufacturer, reported a significant 91% increase in its first-quarter profit, driven by strong demand for artificial intelligence (AI)...
Global EV Sales Rise 29% in April Despite Trade Tensions
In April, global sales of electric and plug-in hybrid vehicles rose by 29% year-on-year, reaching 1.5 million units. Despite trade tensions and economic uncertainties,...
NOYB Threatens Legal Action Against Meta Over AI Data Use
NOYB, an Austrian privacy advocacy group led by Max Schrems, has announced its intention to seek an injunction against Meta Platforms, potentially resulting in...
Nvidia to Sell Over 18,000 AI Chips to Saudi Arabia’s Humain
Nvidia CEO Jensen Huang announced that the company will sell over 18,000 of its advanced Blackwell AI chips to Humain, a Saudi Arabian company....
Elon Musk Announces Starlink Approval for Aviation and Maritime Use in Saudi Arabia
Elon Musk announced that Saudi Arabia has approved his satellite internet service, Starlink, for aviation and maritime use in the region during a White...
Airbnb Unveils Redesigned App with Expanded Services for Travelers
Airbnb has introduced a redesigned app, signaling the company’s ambitious move to broaden its offerings beyond home rentals. This update is part of Airbnb’s...
Google Tests AI Mode Feature on Search Page to Compete with ChatGPT
Google is testing a new feature called "AI Mode," positioned just beneath its search bar, next to the “Google Search” button. This new addition...
Chime Files for IPO on Nasdaq, Revealing Growth and Financial Services
Chime, a leading financial technology company, has filed to go public on the Nasdaq under the ticker symbol “CHYM.” The company, which provides a...
eToro Sets IPO Price at $52 Per Share, Targets $4.2 Billion Valuation
eToro, the Israel-based stock brokerage platform that has increasingly focused on cryptocurrency, has priced its upcoming IPO at $52 per share. The company plans...
Samsung Acquires FläktGroup for €1.5 Billion to Expand HVAC Business
Samsung Electronics has announced its acquisition of FläktGroup, a German-based provider of advanced heating, ventilation, and air conditioning (HVAC) solutions, for €1.5 billion ($1.68...
Tech Stocks Soar $837 Billion After U.S.-China Tariff Pause
The so-called "Magnificent 7" group of major tech stocks saw a dramatic surge in market value, adding a combined $837.5 billion on Monday following...
UK Artists Oppose AI Copyright Reforms, Demand Stronger Protections
A group of prominent British musicians, including Elton John and Dua Lipa, are urging the U.K. government to reconsider its approach to copyright laws...
