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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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Nvidia Pushes the Boundaries of AI and Gaming at CES 2025

At CES 2025 in Las Vegas, Nvidia’s CEO Jensen Huang unveiled a slate of transformative technologies poised to redefine gaming, robotics, and artificial intelligence (AI). From introducing groundbreaking AI-powered GPUs to revealing the company’s first-ever desktop computer, Nvidia reinforced its position as a leader in both consumer and enterprise tech.…

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Meta Platforms Inc. Expands Board with High-Profile Appointments

Meta Platforms Inc. has announced the election of three new directors to its board, signalling a strategic alignment with expertise in artificial intelligence (AI), media, and global business. New Appointments With these additions, Meta’s board now consists of 13 directors, including Zuckerberg, who retains majority control through Meta’s dual-class stock…

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Samsung Electronics Faces Challenges Amid Slowing Profit Growth in Q4

Samsung Electronics (KRX: 005930), the world’s leading memory chip manufacturer, is bracing for slower-than-expected profit growth in the fourth quarter of 2024. Despite improvements from a low base in 2023, analysts predict operating profits of 8.2 trillion won ($5.6 billion), a significant drop from the 9.18 trillion won reported in…

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Nvidia’s Jensen Huang to Open CES 2025: Spotlight on AI and Gaming Chips

Jensen Huang, CEO of Nvidia (NASDAQ: NVDA), will deliver the opening keynote at CES 2025, the world-renowned Consumer Electronics Show held in Las Vegas from January 7 to 10. Huang, known for unveiling groundbreaking advancements, is expected to announce new video game chips and showcase Nvidia’s efforts to expand its…

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