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OAKLAND, California (TechGenez)– A California jury has unanimously dismissed Elon Musk’s high-profile lawsuit against OpenAI and its CEO Sam Altman, ruling that the Tesla and SpaceX chief waited too long to bring his claims. After three weeks of testimony and just two hours of deliberation on Monday, the jury found…

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Samsung Staff on strike

SEOUL (TechGenez) – Samsung Electronics and its largest labor union resumed government-mediated negotiations on Monday in a final attempt to prevent what would be the company’s largest-ever strike, scheduled to begin on Thursday. The second round of post-mediation talks, facilitated by the National Labor Relations Commission (NLRC), opened at the…

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Elon Musk and BlackRock CEO Larry Fink

NEW YORK (TechGenez) – BlackRock has held discussions about investing between $5 billion and $10 billion in SpaceX’s upcoming initial public offering, potentially becoming one of the largest single investors in what could be the biggest stock market debut in history. The Information reported on Saturday, citing people familiar with…

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Trump and Xi-Jinping Pic:: Getty Images

BEIJING (TechGenez) – China has taken a significant step toward commercializing sixth-generation mobile networks by approving test frequencies for 6G technology, aiming to accelerate research, standardization, and eventual deployment of the ultra-fast wireless standard. The Ministry of Industry and Information Technology (MIIT) announced on Friday that it has granted a…

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Elon Musk and BlackRock CEO Larry Fink

NEW YORK (TechGenez) – BlackRock has held discussions about investing between $5 billion and $10 billion in SpaceX’s upcoming initial public offering, potentially becoming one of the largest single investors in what could be the biggest stock market debut in history. The Information reported on Saturday, citing people familiar with…

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Elon Musk’s SpaceX

(TechGenez) – Elon Musk’s SpaceX is preparing to file a prospectus for an initial public offering as early as this week, positioning the company for what could be the largest stock market debut in history, according to people familiar with the plans. The rocket and Starlink satellite broadband business could…

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SpaceX Crew 11

(TechGenez) – NASA has disclosed new details about the medical event that triggered the first-ever full-crew medical evacuation from the International Space Station, confirming that astronaut Mike Fincke experienced a condition requiring advanced diagnostic imaging unavailable on orbit In a statement shared by the agency, Fincke described the January 7,…

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Cyber Security

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BYD and Tesla in Europe

Tesla News – China’s BYD has outsold Tesla in Europe for the first time ever, marking a major shift in the continent’s electric vehicle (EV) market. According to data from Jato Dynamics, BYD registered 7,231 new battery-electric vehicles (BEVs) in April—a 169% surge from the previous year—while Tesla’s registrations plummeted by 49%. This milestone highlights BYD’s rapid…

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Coinbase Data Breach

Coinbase Data Breach – Crypto exchange Coinbase has confirmed that a months-long data breach exposed the personal and financial information of at least 69,461 customers. The company disclosed the breach last week and has now filed an official notice with Maine’s attorney general, as required by state data breach laws. How Did the Coinbase Hack Happen?…

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23andMe CEO Anne Wojcicki -Image Credit: Forbes

23andMe Files for Bankruptcy – In a dramatic turn for the once-promising genetic testing firm, 23andMe announced on Sunday that it has filed for Chapter 11 bankruptcy protection. The company, which revolutionized at-home DNA testing, has struggled for years to find a sustainable business model, ultimately leading to this move…

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Google Acquisition of Wiz - Image: ceovine

Acquisition of Wiz – Google has announced its largest-ever acquisition, striking a $32 billion all-cash deal to acquire the rapidly growing cybersecurity firm Wiz. This landmark deal underscores Google’s commitment to cloud security and its strategic positioning in the booming artificial intelligence (AI) sector. The acquisition, pending regulatory approval, marks…

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