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Elon Musk’s firm eyes 20 billion valuation as the Boring Company is reported to be exploring new funding that could place its worth at about $20 billion, according to the Wall Street Journal, which cited people familiar…
Elon Musk's tunnel-construction venture, The Boring Company, is reportedly in talks to raise $4 billion in new funding at a $20 billion valuation, according to The Wall Street Journal, a dramatic jump from the $5.7…
Apple is closing in on Nvidia in the battle to become the world’s most valuable company, as investors continue to reassess which businesses stand to benefit most from the artificial intelligence boom. According to a…
The reported OpenAI hack has sharpened concern over safeguards for advanced AI systems, with companies and governments weighing tighter oversight and security reviews.
SpaceX has completed its acquisition of AI coding company Cursor, giving the developer-tool business access to the space company's large computing infrastructure.
Snap has become the latest major technology company to move out of a lawsuit accusing social media platforms of harming children and young adults, according to TechCrunch. The company has reached a tentative settlement…
SoundCloud has acquired Nina Protocol, a decentralized music platform that shut down in May, marking the streaming company's first acquisition since it bought AI music company Musiio back in 2022. ## What Nina Protocol…
Basic Fun! CEO Jay Foreman discussed how President Trump's latest round of tariffs could affect his toy import business, which has already paid millions of dollars in import duties under earlier tariff rounds.
Microsoft CEO Satya Nadella warns that businesses relying wholly on proprietary AI labs and outsourcing their thinking risk failing to survive in the competitive market.
Republican Senator Josh Hawley has accused Mark Zuckerberg's company of relentlessly pursuing whistleblower Sarah Wynn-Williams in an effort to destroy and bankrupt her.
Four prominent Google artificial intelligence researchers have formed a new start-up, marking another sign of how closely the company remains tied to the fast-moving AI sector it helped shape. According to The New York…
Three takeover bids for UK-listed companies landed in a single day, including one for Bath-based Rotork, renewing concern about the hollowing-out of London's stock market.
Elon Musk's AI startup xAI has sued a South Carolina man arrested for allegedly using its Grok tool to generate child sexual abuse material, in one of the first cases an AI company has brought against a user.
Hugging Face confirmed a security breach last week that compromised internal datasets and credentials. The company has since patched the vulnerability while urging its user base to take immediate protective measures
Tesla is spending more aggressively just as several of its next-generation product plans appear to be moving more slowly than hoped. According to TechCrunch, the company’s revenue rose 26%, but that increase was not…
Nine Entertainment has told staff it plans to cut around 30 roles across the Sydney Morning Herald and The Age, with the company linking the move to what it describes as a deepening wave of AI-driven disruption in…
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…
PayPal CEO Enrique Lores indicates the board will consider any path creating superior shareholder value, signaling the company might reject the current $53.4 billion acquisition offer from Stripe and Advent International
Apple has launched a new device leasing program in partnership with Klarna, replacing previous in-house financing models as the company manages shifting market dynamics and rising hardware costs
Tesla's second-quarter profit fell short of expectations even as revenue increased, with investors pushing the stock lower after hours as the company leans further into AI and robotics investment.
Donald Trump has threatened the European Union with substantial new tariffs, sharpening a dispute over how Brussels regulates major US technology companies and how Washington may respond in trade policy terms. In a post…
Tech companies are pushing a new generation of smartphones that use artificial intelligence to carry out tasks with voice commands, from ordering food to composing messages, as the industry tests how far “agentic”
The Finnish company that turned a metal ring into one of the most talked-about health gadgets of the decade has filed to go public, with Oura confirming its SEC filing on September 3 and setting its sights on a…
Chief of staff roles are becoming more common in executive suites as companies look for trusted support in an increasingly complicated business environment. The New York Times Business reports that the position is in…