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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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Mobius Motors

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…

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Health Lab Image

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…

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OpenAI chief Sam Altman, left, and Satya Nadella, CEO of Microsoft. © FT montage/Bloomberg/AFP via Getty Images

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.…

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Elon Musk , Tesla CEO (c) CNN Money

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…

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Broadcom Eases AI Chip Demand Fears with Strong Forecast and New Customers

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,…

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Italy Eyes Secure Communications in Billion-Euro Deal with Elon Musk’s SpaceX

Italy is nearing a significant milestone in telecommunications, with advanced discussions underway for a €1.5 billion ($1.55 billion) contract with Elon Musk’s SpaceX. This five-year deal, as reported by Bloomberg, aims to enhance Italy’s secure communications infrastructure, providing state-of-the-art encryption and satellite-based connectivity for governmental and military operations. The proposed…

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Cyber Security

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Nissan and Honda Executives REUTERS/Kim Kyung-Hoon/File Phot

The highly anticipated $60 billion merger between Honda and Nissan has fallen apart, marking a significant setback in the automotive industry’s race to adapt to rapid changes. According to Reuters, the deal collapsed due to Nissan’s “pride and insufficient alarm about its predicament,” as well as Honda’s last-minute proposal to…

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Sean Gallup/Getty Images, Andrew Harnik/Getty Images

Elon Musk’s x.AI-led consortium has made a staggering $97.4 billion offer to acquire OpenAI, a move that has sparked a legal and strategic showdown with OpenAI CEO Sam Altman. While Altman has dismissed the bid, calling it a ploy to block OpenAI’s transition from a nonprofit to a for-profit entity,…

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Keir Stamer and Donald TrumpPhotographer: Hollie Adams/Bloomberg and Charly Triballeau/AFP/Getty Images

In a surprising move, the UK and US have declined to sign the global AI declaration at the Paris AI Summit, despite widespread support from countries like France, China, and India. The agreement, signed by at least 60 nations, promotes an “open, inclusive, and ethical” approach to AI development. However,…

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