tech

On Wednesday, Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), confirmed that the company is in early discussions to license its self-driving technology to a major automaker. What Happened: According to Electrek, Musk emphasized Tesla’s openness to licensing its Autopilot/Full Self-Driving package...

Wall Street veteran Owuraka Koney, who foresaw the explosive growth of Tesla Inc. (NASDAQ:TSLA) before its public debut, remains bullish on the electric vehicle giant’s future, Bloomberg reports. Unwavering Confidence: Koney was 25 when he convinced his colleagues at Jennison Associates to...

The United Nations Security Council (UNSC) will hold its first formal discussion on artificial intelligence (AI) this week, with Britain leading the call for an international dialogue on its impact on global peace and security. What Happened: The U.N.S.C. is set to discuss the implications of AI on...

Emad Mostaque, CEO of Stability AI, made a bold prediction about the future of artificial intelligence (AI), stating that it will be the “biggest bubble of all time.” What Happened: Speaking with UBS analysts last week, Mostaque expressed his belief that AI is still in its early stages...

This week in the world of artificial intelligence (AI) was marked by insightful predictions, innovative applications, and strategic partnerships. From Masayoshi Son’s vision of AI surpassing human intellect to the integration of AI in wearable technology and the financial market, let’s...

The Biden administration is seeking an emergency order to halt a lower court ruling that prevents some government agencies and officials from communicating with social media companies about moderating their content, according to a report by Reuters. What Happened: The administration filed an appeal...

Liu Young Way, the Chairman of Hon Hai Precision Manufacturing Company Limited (OTC:HNHPF), better known as Foxconn, addressed senior and mid-level employees at Japan’s Sharp regarding the relationship between the two companies and the future of Sharp, Reuters reports. The talks come amidst...

The past week saw significant developments in the AI sector. OpenAI’s ChatGPT is set to compete with Microsoft, AI startup Runway raised $141 million in a funding round led by Google and Nvidia, and Microsoft’s AI Copilot update for Windows 11 began rolling out to testers. Meanwhile, a...

The past week has been a rollercoaster for Apple Inc. (NASDAQ:AAPL), with a series of events that have kept the tech giant in the headlines. From innovative promotional tactics to life-saving technology, new product rumors, and a stance on encrypted messaging, Apple has been making waves....

Chinese semiconductor manufacturers, aiming to rebound from a market slump and U.S. export restrictions, anticipate raising over $8 billion from stock market listings this year, Nikkei Asia reports. Expansion Amid Challenges The Hong Kong-listed Hua Hong Semiconductor received approval in early...

Apple Inc. (NASDAQ:AAPL) once again broke the $3-trillion market cap barrier Friday. The Cupertino-based technology giant saw its stock rise 1.3% to a new all-time high of $192, cementing its position as stock market leader. Apple’s outstanding performance has resulted in an approximately $...

As the labor market experiences a softening trend, companies, particularly in the tech industry, are ramping up their efforts to bring employees back to the office. This shift marks a departure from their previous support for remote work, and it has gained momentum because of recent layoffs. With...

As the first half of 2023 drew to an end, the tech-heavy Nasdaq 100 Index, closely tracked by the Invesco QQQ Trust (NASDAQ:QQQ), delivered a spectacular 38.7% rise since the year’s inception until June 20, outshining all its global competitors. Not far behind, the Nikkei 225 Index revealed...

The majority of economists polled by Bloomberg predict the Federal Reserve will end its 15-month streak of interest rate increases in June and leave rates unchanged at 5%-5.25% until December 2023. This prediction is consistent with current market sentiment, as investors are pricing in an 80%...

2017 has been the year of tech. With the Nasdaq 100 up about 18 percent, investors have poured money into large-cap names like Facebook.com, Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Microsoft Corporation (NASDAQ: MSFT), and Alphabet Inc (NASDAQ: GOOG) (NASDAQ:...