Nandini Roy Choudhury, writer Brief news Following China’s central bank’s stimulus measures, Chinese tech stocks, including Alibaba and Tencent, saw significant gains, with the Hang […]
Category: Tech
OpenAI CFO says investors fundraising round should finish next week despite executive leaving.
Nandini Roy Choudhury, writer Brief news Sarah Friar, OpenAI’s CFO, reassured investors about the company’s strong position despite recent executive departures, including CTO Mira Murati. […]
Google’s investment arm backs a firm bringing mixed reality to automobile windshields and airline cockpits
Nandini Roy Choudhury, writer Brief news Distance Technologies has raised €10 million ($11.1 million) from GV and other investors to develop mixed-reality technology for automotive […]
Google files EU antitrust case against Microsoft for cloud stifling.
Anamika Dey, editor Brief news Google filed an antitrust complaint against Microsoft, alleging discriminatory licensing practices that hinder competition in the cloud computing market. The […]
Smartsheet will be bought by Blackstone and Vista Equity Partners for $8.4 billion
Anamika Dey, editor Brief news Blackstone and Vista Equity Partners are acquiring Smartsheet for approximately $8.4 billion in cash. Shareholders will receive $56.50 per share, […]
Microsoft’s GitHub lets clients store critical code in EU solely for data sovereignty
Nandini Roy Choudhury, writer Brief news GitHub is allowing corporate users to restrict software code storage to EU data centers to comply with data privacy […]
Top AI startups are receiving billions from Middle Eastern financiers.
Nandini Roy Choudhury, writer Brief news Middle Eastern sovereign wealth funds, particularly from Saudi Arabia and the UAE, are increasingly investing in Silicon Valley AI […]
How Elon Musk expects his new supercomputers will benefit his organizations
Nandini Roy Choudhury, writer Brief news Elon Musk is developing supercomputers for Tesla and his AI startup, xAI, emphasizing AI’s role in enhancing business operations […]
New EU cyber laws threaten large penalties and bans for companies.
Nandini Roy Choudhury, writer Brief news The EU’s NIS 2 cybersecurity legislation, effective October 17, imposes strict compliance requirements on companies, with significant penalties for […]
SEC claims Musk should be sanctioned for dodging Twitter depositions.
Anamika Dey, editor Brief news The SEC is seeking sanctions against Elon Musk for failing to comply with a court order to participate in a […]