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…

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…

SoftBank Corp. (“SoftBank”) is accelerating its ambitions to establish a major AI Data Center in Japan. On March 14, 2025, the company announced that it has signed a purchase and sale agreement with Sharp Corporation (“Sharp”) to acquire land, buildings, and other assets of the Sharp Sakai Factory in Osaka…

Silver Box, a Middle East-based technology investment firm, has acquired Mobius Motors Kenya, officially taking over the struggling automaker six months after it announced plans to shut down. This acquisition marks the end of months of financial instability, including unpaid debts, supplier disputes, and an unsuccessful rescue attempt. As part…

A revolutionary annual HIV prevention injection has successfully passed an early-stage safety trial, marking a significant advancement in HIV prevention. The study, published in The Lancet medical journal, highlights the potential of lenacapavir—a drug that prevents the virus from replicating inside human cells—as a game-changing pre-exposure prophylaxis (PrEP) option. If…

In a bold move that reshapes the artificial intelligence (AI) landscape, OpenAI has committed to a five-year, $11.9 billion agreement with CoreWeave, a cloud infrastructure provider known for its GPU-heavy data centers. According to Reuters, OpenAI has also acquired $350 million in equity in CoreWeave, further deepening their strategic alliance.…

Tesla, the electric vehicle giant, is facing an unprecedented wave of vandalism and protests across the United States, as CEO Elon Musk’s growing political influence continues to polarize public opinion. From damaged charging stations to targeted showrooms, law enforcement agencies are investigating multiple incidents that appear to stem from backlash…

Microsoft is intensifying its artificial intelligence (AI) initiatives to reduce dependence on OpenAI, its longtime collaborator. The tech giant, which has invested approximately $14 billion in OpenAI, is now accelerating the development of its own advanced AI models to strengthen its position in the AI race. According to reports from…

In the latest chapter of the ongoing legal dispute between billionaire Elon Musk and OpenAI, a U.S. judge has denied Musk’s request to halt the AI company’s transition to a for-profit model. However, in a significant development, the court has agreed to expedite the trial, recognizing the “public interest at…

In a bid to calm investor concerns over AI chip demand, Broadcom CEO Hock Tan delivered an optimistic second-quarter forecast on Thursday, sending the company’s stock soaring. Despite a 6% drop in Broadcom shares (AVGO.O) earlier in the day, the stock surged 14% in extended trading after the earnings announcement,…