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LOS ANGELES (TechGenez) – Video game giant Electronic Arts, maker of EA Sports FC, The Sims, Madden NFL, and Battlefield, has been taken private in a $55 billion deal. The…
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LOS ANGELES (TechGenez) – Video game giant Electronic Arts, maker of EA Sports FC, The Sims, Madden NFL, and Battlefield, has been taken private in a $55 billion deal. The acquisition was led by Saudi Arabia’s Public Investment Fund (PIF) together with private equity firms Silver Lake Partners and Affinity…
NEW YORK (TechGenez) – Hackers have stolen more than $100 million worth of Bitcoin from users of Coldcard hardware wallets in what is now one of the largest crypto thefts in recent years. The attack targeted a vulnerability in Coinkite’s Coldcard firmware that allowed attackers to guess users’ seed phrases…
NEW YORK (TechGenez) – Elon Musk’s social media platform X has begun offering its X Money banking service to all U.S. subscribers of the paid Premium and Premium+ tiers. The move marks a significant step in Musk’s long-standing goal of turning X into a comprehensive “everything app” that combines social…
WASHINGTON (TechGenez) – President Donald Trump has sharply criticised the European Union after it imposed a record €890 million ($1 billion) fine on Google, saying Washington would launch a formal trade investigation into what he called the bloc’s “robbing” of American companies. In a post on social media on Friday,…
BRUSSELS (TechGenez) – The European Union’s record fine against Google has sparked a fresh wave of private lawsuits across the continent, with rivals demanding as much as $10 billion in damages for alleged abuse of its dominant position. The penalty, announced on July 23, is the first major action taken…
PARIS (TechGenez) – French lawmakers have approved a new law banning social media access for children under 15, putting France at the forefront of similar efforts across Europe. The bill passed the National Assembly on Tuesday by 279 votes to 81. President Emmanuel Macron immediately hailed the decision as a…
WASHINGTON / BEIJING (TechGenez) – The United States and China will hold talks on artificial intelligence in September. The discussions follow the Trump–Xi summit in May and mark a key step as the two rivals work to manage the risks from each other’s increasingly powerful frontier AI models. The meetings…
SAN FRANCISCO (TechGenez) – Uber Technologies has entered into a business combination agreement with Delivery Hero, the world’s leading local delivery platform, in a deal valued at $14.8 billion. The transaction will extend Uber’s global mobility and delivery network to a total of 99 markets, with combined pro-forma Gross Bookings…
SEOUL (TechGenez) – South Korea’s biotechnology sector is preparing to move into the final frontier of medicine by using microgravity in space to discover and produce better drugs. For decades, Korea’s space programme has focused on rockets and satellites. Now, however, a new generation of biotech companies is turning its…
BRUSSELS (TechGenez) – The European Commission will present a proposal in the coming weeks to restrict children’s access to social media platforms, Commission President Ursula von der Leyen announced on Monday. The new rules would require platforms to prove they are safe before making them available to young people, and…
AI News
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WASHINGTON / BEIJING (TechGenez) – The United States and China will hold talks on artificial intelligence in September. The discussions follow the Trump–Xi summit in…
SAN JOSE, California (TechGenez) – Apple has filed a federal lawsuit against OpenAI in Northern California, accusing the company of stealing its trade secrets to…
GENEVA (TechGenez) – UN Secretary-General Antonio Guterres warned on Monday that artificial intelligence is advancing faster than the world can establish proper oversight, calling for…
Space News
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SEOUL (TechGenez) – South Korea’s biotechnology sector is preparing to move into the final frontier of medicine by using microgravity in space to discover and produce better drugs. For decades, Korea’s space programme has focused on rockets and satellites. Now, however, a new generation of biotech companies is turning its…
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…
(TechGenez) – The four astronauts aboard NASA’s Artemis II mission are spending their final full day in space preparing for a dramatic high-speed return to Earth, scheduled to splash down off the coast of San Diego on Friday, April 10 at 8:07 p.m. EDT. NASA astronauts Reid Wiseman, Victor Glover,…
(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…
Cyber Security
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NEW YORK (TechGenez) – Hackers have stolen more than $100 million worth of Bitcoin from…
(TechGenez) – Artificial intelligence safety debates have often focused on misinformation, autonomous agents, or the…
(TechGenez) – Under Armour is investigating claims that a cybercriminal posted 72 million customer records…
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Meta Lays Off – In a surprising move, Meta, the tech giant behind Facebook, Instagram, WhatsApp, and the Metaverse-focused Reality Labs, has once again laid off employees across its various platforms. The restructuring, first reported by The Financial Times, is part of the company’s broader effort to align resources with…
Boeing, once a symbol of American industrial strength, is now facing an escalating financial turmoil. The company, contending with a damaging strike and years of operational and safety challenges, announced plans to borrow $10 billion from major banks. Additionally, the aerospace titan seeks to raise $25 billion by selling stock…
In a groundbreaking test flight on Sunday, SpaceX pushed the limits of space exploration once again by successfully catching its Starship rocket booster with massive robotic arms upon its return to Earth. This remarkable achievement marks a significant milestone in reusable rocket technology, one of SpaceX’s core missions, as it…
SEOUL, South Korea — In a dramatic turn of events, Samsung Electronics, South Korea’s largest semiconductor manufacturer, has seen its market capitalization shrink by an astounding 90 trillion won ($66.6 billion) since September. The sharp decline in value is largely attributed to a continuous sell-off by foreign investors, marking one…
For the first time since the breakup of AT&T four decades ago, the US government is considering dismantling one of the world’s largest monopolies: Google. The Department of Justice (DOJ) made the announcement in a court filing on Tuesday night, signaling a possible breakup of Google’s core businesses, including its…