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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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Dutch Privacy Watchdog Launches Investigation into DeepSeek's Data Practices

In a decisive move underscoring the growing global scrutiny over artificial intelligence (AI) and data privacy, the Netherlands’ privacy watchdog, Autoriteit Persoonsgegevens (AP), has announced an investigation into Chinese AI firm DeepSeek. The investigation centres on alleged shortcomings in the company’s data collection practices and privacy policies, sparking widespread concern…

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Nvidia's Market Shock: How DeepSeek’s AI Model Shook the Tech Industry

The global technology sector witnessed a seismic shift this week as Nvidia (NVDA.O), the AI chip leader, faced a record-breaking $593 billion market value loss in a single trading session. The unprecedented decline, which took place on Monday, was largely attributed to the emergence of a low-cost artificial intelligence model…

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New York Stocks Exchange

A seismic shift rocked global tech markets on Monday as investors reacted to the rise of DeepSeek, a Chinese AI startup offering a low-cost, high-efficiency AI model. The announcement triggered a massive selloff, with Nvidia leading the losses, shedding a staggering $593 billion in market value. The ripple effects were…

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TikTok’s Fate Hangs in the Balance as Trump Weighs Deal Options

The future of TikTok, the wildly popular short-video app with 170 million American users, remains uncertain as former U.S. President Donald Trump revealed he is in talks with multiple parties about its potential sale. Speaking to reporters aboard Air Force One on Saturday, Trump said he would likely make a…

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