Business

Qualcomm has reached out to the struggling chipmaker Intel regarding a potential takeover. However, it remains uncertain whether Intel has entered into discussions with Qualcomm or what the specific terms of any potential deal would be, according to a source familiar with the situation who requested anonymity due to the ...

On Wednesday, shares of SoftBank Group surged by as much as 6.3% in response to a report indicating that Elliott Management had amassed a significant stake in the Japanese technology conglomerate and was advocating for stock repurchases. According to a report from the Financial Times, Elliott is advocating for $15 ...

During an interview with CNBC’s Deirdre Bosa on Tuesday, Alphabet CEO Sundar Pichai stated that Google would take action if it discovers that Microsoft-backed OpenAI utilized YouTube content to train an AI model capable of generating videos. Pichai’s remarks follow OpenAI’s technology chief Mira Murati’s uncertainty, expressed in March to ...

In a recent announcement, American Airlines revealed that delays in Boeing’s 787 Dreamliner deliveries have led to the necessity of reducing certain long-haul flights from the latter half of this year into early 2025. This adjustment marks the latest alteration in the airline’s schedule due to challenges linked to Boeing’s ...

On Friday night, the Bitcoin network halved the rewards given to miners for the fourth time since its inception. This anticipated event occurs roughly every four years as per the Bitcoin protocol, aiming to reduce the rate of Bitcoin issuance. This creates a scarcity, reinforcing Bitcoin’s digital gold-like nature. Speculative ...

Microsoft announced on Monday that it will be selling its chat and video app, Teams, separately from its Office product on a global scale. This decision comes six months after the company unbundled the two products in Europe, aiming to avoid a potential EU antitrust penalty. The European Commission has ...

OpenAI CEO Sam Altman has clarified that he holds no equity in the $80 billion artificial intelligence startup he co-founded in 2015. However, his ownership in Reddit presents a different scenario. After Reddit’s stock market debut on Thursday, Altman’s stake in the social media platform surged by $200 million, reaching ...

On Wednesday, Boeing CEO Dave Calhoun engaged in discussions with multiple U.S. senators at Capitol Hill, as increased attention and scrutiny were directed towards the company’s leadership. The focus of concern revolved around a blown door plug incident on one of Boeing’s 737 Max 9 aircraft. “I am present today ...

The U.S. National Labor Relations Board has initiated legal action against SpaceX, asserting that the aerospace manufacturer, led by Elon Musk, unlawfully terminated eight employees. The complaint alleges that these employees were fired after drafting and disseminating an open letter that criticized Musk and accused the company of showing preferential ...

On Monday in Asia, Bitcoin achieved a significant milestone by surpassing the $40,000 threshold for the first time this year. This surge was fueled by the widespread anticipation of the approval of a Bitcoin exchange-traded fund (ETF) and speculation regarding potential interest rate cuts by the U.S. Federal Reserve. The ...