Nandini Roy Choudhury, writer Brief news Following the Federal Reserve’s interest rate cut, technology stocks surged, with the Nasdaq rising 2.5%, driven by significant gains […]
Musk’s X and Starlink face almost $1 million in day fines for suspected ban evasion in Brazil.
Nandini Roy Choudhury, writer Brief news Brazil’s Supreme Court has imposed daily fines of approximately $920,000 on Elon Musk’s X for violating local laws, including […]
Nio, Tesla’s Chinese competitor, lowers Onvo vehicle pricing.
Nandini Roy Choudhury, writer Brief news Onvo, a new budget electric vehicle brand from Nio, has launched its L60 SUV at a competitive price of […]
Alibaba publishes over 100 open-source AI models and text-to-video tool.
Nandini Roy Choudhury, writer Brief news Alibaba released over 100 open-source AI models, including the Qwen 2.5, to enhance competition against rivals like Huawei, Baidu, […]
China wants an indigenous Nvidia competitor, but it’s difficult.
Anamika Dey, editor Brief news Chinese companies are striving to create alternatives to Nvidia’s AI processors amid U.S. sanctions, which hinder their technological advancements and […]
Warner’s office said Elon Musk’s X ‘declined to send a suitable witness’ to election threat Senate hearing.
Anamika Dey , editor Brief news Elon Musk’s platform, X, did not participate in a Senate hearing on election threats, while executives from Alphabet, Meta, […]
Amazon raises warehouse worker compensation and offers free Prime membership.
Nandini Roy Choudhury, writer Brief news Amazon is raising hourly wages for warehouse workers to over $22, up from $20.50, and introducing a free Prime […]
Google wins court battle to EU’s $1.7 billion ad product antitrust penalties.
Nandini Roy Choudhury, writer Brief news The EU’s General Court annulled a €1.5 billion fine against Google, ruling that the European Commission failed to consider […]
Microsoft, BlackRock launch $100 billion AI data center and power group
Nandini Roy Choudhury, writer Brief news Microsoft and BlackRock are collaborating to raise up to $100 billion for AI data centers and energy infrastructure through […]
Elon Musk claims SpaceX would sue FAA for ‘regulatory overreach’
Nandini Roy Choudhury, writer Brief news Elon Musk announced SpaceX will sue the FAA for “regulatory overreach” over a proposed $633,000 penalty related to launch […]