Ecosia, Qwant Partner On EU-Centric Search Engine Initiative To Counter Google
Ecosia and Qwant, two European search engines, collaborate to create a privacy-focused search index that promotes digital sovereignty and lessens reliance on Big Tech companies.
Web Summit 2024: Tech Leaders Gather In Lisbon To Discuss AI, Social Media, Trump Impact
Join 70,000 people at Web Summit 2024 in Lisbon, which will include discussions on AI, social media regulation, and Donald Trump's presidency with lawmakers and business executives.
Qualcomm Q4 Results Top Estimates On Strong Chip Sales To Chinese Firms, Guides Strong Q1
With shares up 5.5% amid efforts to diversify beyond smartphones, Qualcomm reports outstanding Q4 sales and profitability, powered by Chinese smartphone demand and AI advancements.
Nvidia Dethrones Apple As World's Most Valuable Company
With a $3.42 trillion market capitalization, Nvidia overtakes Apple as the most valuable publicly traded corporation in the world. Its extraordinary growth is driven by its supremacy in the AI and GPU markets.
OpenAI Shifts Gears, Plans Transition To For-Profit Model
With the transformation, OpenAI will notably depart from its founding principles from 2015 as a non-profit research lab. The Sam Altman-led company has submitted the proposal pending approval by the California attorney general's office.
Nvidia's Jensen Huang Urges SK Hynix to Accelerate HBM4 Chip Delivery
Citing the growing demand for high-capacity, energy-efficient semiconductors, Nvidia CEO Jensen Huang asks SK Hynix to accelerate the delivery of the HBM4 chip by six months. This year, SK Hynix plans to provide 12-layer HBM3E samples, and by 2025, 18-layer HBM3E samples.
LA County Sues Coca-Cola, PepsiCo For Misleading Plastic Recycling Claims
Los Angeles County alleges the companies have made false statements regarding plastic recycling. The county is pursuing penalties for both deceit and environmental damage.
Google Maps Gets Smarter With Gemini AI In Major Overhaul
Google unveiled a major overhaul of its 20-year-old Google Maps on Thursday, announcing plans to integrate AI technology that has already proven successful in its search engine.
US Job Openings Hit 3.5-Year Low, But Consumer Confidence Rebounds
Consumer confidence rises while job postings fall to 7.4 million.
Apple's iPhone Exports From India Surge To $6B, Reducing Dependence On China
Apple has reportedly exported nearly US$6 billion of India-made iPhones, marking an increase of a third in value terms from a year earlier. Apple's iPhone exports from India are expected to exceed about $10 billion in fiscal year 2024.
Boeing Seeks Over $15 Billion In New Fundraising Plan: Report
Boeing intends to raise $15 billion to make up for the production and financial losses resulting from the prolonged strike.
Elon Musk's Net Worth Soars To $270 Billion After Tesla's Record Surge
Fueled by a solid earnings report and aspirations for driverless vehicles, Tesla shares registered the largest one-day rise in more than a decade.
Trade Associations Sue To Block FTC's 'Click to Cancel' Rule
In the complaint, the three plaintiffs -- Electronic Security Association, Interactive Advertising Bureau, and NCTA -- called the rule "arbitrary, capricious, and an abuse of discretion."
IRS Announces Notable Changes Coming For Filing Taxes
Notable adjustments include updates to long-term capital gains brackets, estate and gift tax exemption limits and eligibility criteria for the child tax credit.
Elon Musk, Tesla, Warner Bros. Sued For Copyright Infringement Over Blade Runner AI Imagery
A copyright infringement complaint has been filed against Warner Bros., Tesla, and Elon Musk for their unauthorized use of AI-generated Blade Runner visuals.
Boeing Sells Digital Receiver Technology To Thales Amid Financial Turbulence
Boeing streamlines operations by handing over Digital Receiver Technology to Thales in the face of a $5 billion Q3 loss, labor issues, and financial strains.
Amazon Ventures Into Live News With Election Night Special Hosted By Brian Williams
"Election Night Live with Brian Williams" will provide Amazon customers with real-time election results and analysis.
Intel Considers Selling Minority Stake In Altera Amid Financial Struggles: Report
Intel is reportedly targeting a valuation of $17 billion for Altera, a slight increase from the $16.7 billion it paid for the company nine years ago.
Phillips 66 Ordered To Pay $604.9M To Propel Fuels In Trade Secret Theft Case
A California jury found Phillips 66 guilty of stealing trade secrets from Propel Fuels and awarded $604.9 million in damages.
Apple Unveils New iPad Mini With Faster A17 Pro Chip, Advanced AI Capabilities
The A17 Pro CPU, Apple Intelligence AI, enhanced storage, and sophisticated support for the Apple Pencil Pro are all features of the seventh-generation iPad Mini.
Global Public Debt To Surpass $100 Trillion in 2024: IMF
Amid spending pressures and slow development, the International Monetary Fund warns of a growing global debt crisis, projecting $100 trillion in debt by 2024 and 93% of GDP by 2030.
Elon Musk Clashes with California Coastal Commission Over SpaceX Launches
Elon Musk lashes out when the California Coastal Commission rejects SpaceX's proposal to increase the frequency of its launches, citing his political and environmental views.
EIA Expects US Natural Gas Production To Decline In 2024 Despite Soaring Demand
According to the Energy Information Administration, U.S. dry gas production is expected to decrease from last year's 103.8 billion cubic feet per day (bcfd) to 103.5 bcfd this year.
Hyundai's $7.6B Georgia Plant Starts Electric SUV Production Amid Safety Concerns
Hyundai's Georgia plant produces electric SUVs, meeting tax credit requirements, despite safety issues and worker injuries.
Rio Tinto Eyes $4-6 Billion Arcadium Takeover, Bolstering Global Lithium Presence
Rio Tinto is reportedly considering paying $4-6 billion to acquire U.S. lithium producer Arcadium, which would give it access to mines and processing facilities on four continents. The move highlights the global competition for lithium dominance in the face of rising demand for electric vehicles.
Spirit Airlines Reportedly Exploring Bankruptcy Filing, Shares Plunge
The airline is also negotiating an out-of-court agreement with bondholders to address its financial challenges following the collapse of its merger with JetBlue Airways
Hurricane Helene: Starlink Restores Connectivity In Storm-Hit Areas
SpaceX's Starlink deploys satellite internet to Appalachian regions devastated by Hurricane Helene, offering free service to affected residents.
Consumers Have Saved More Than $2B From EV Adoption: US Treasury
Owners of EVs can save an average of $1,750 annually on fuel and maintenance expenditures, resulting in savings of up to $21,000 over a car's 15-year lifespan.
Google Invests $1Bn In Thailand, Boosting AI And Cloud Infrastructure In Southeast Asia
Amid Southeast Asia's growing reputation as a digital hotspot, Google has invested $1 billion in Thailand's cloud infrastructure, which is projected to generate $4 billion in economic growth and create 14,000 new jobs annually over the next five years.
Oil Prices Climb Amid Middle East Tensions
The Middle East war is causing oil prices to rise. Brent crude is up 0.71% to $72.49/barrel, while WTI crude is up 0.63% to $68.61/barrel.