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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,…
AI News
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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…
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…
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…
Space News
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Jeff Bezos, founder of Blue Origin, shared a confident vision for his company and the broader future of space exploration in a recent interview with Reuters. Speaking from Cape Canaveral, Florida, ahead of the much-anticipated debut launch of Blue Origin’s New Glenn rocket, Bezos emphasized optimism about the U.S. space…
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…
Elon Musk’s aerospace company, SpaceX, has taken legal action against the California Coastal Commission after the regulatory body voted to block a proposal that would have allowed the company to increase the number of annual rockets launches from Vandenberg Space Force Base. SpaceX’s lawsuit, filed on Tuesday, claims the commission…
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…
Cyber Security
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In a solemn announcement, Tenable Holdings, Inc., a global leader in cybersecurity, shared the tragic…
As the 2024 U.S. election approaches, the role of technology in shaping electoral processes and…
In a concerning revelation, U.S. telecommunications giant Comcast announced that the personal data of more…
More Tech News
Artificial intelligence (AI) is transforming industries worldwide, but its future remains uncertain. A recent breakthrough by China’s DeepSeek, which claims to train and run AI models at a fraction of Western costs, has sent shockwaves through the tech industry. Investors initially panicked, leading to a $600 billion market value drop…
OpenAI is facing a significant legal hurdle as it contends that Indian courts lack the jurisdiction to hear lawsuits related to its U.S.-based business operations. This stance comes amid a broader debate over cross-border litigation involving technology firms, where similar defenses have faltered, notably in the case of messaging app…
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…
The race for artificial intelligence (AI) supremacy is heating up as OpenAI, the company behind ChatGPT, warned that Chinese firms are “constantly” attempting to leverage U.S. AI technologies to enhance their own models. The statement, released on Tuesday, underscores growing concerns that China’s AI advancements could be driven in part…
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…