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President Donald Trump

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,…

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French President Emmanuel Macron

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…

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Trump and Xi-Jinping Pic:: Getty Images

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…

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Uber and Delivery Hero - TechGenez

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…

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Scientific Breakthroughs

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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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Cyber Security

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More Tech News

Left to right, clockwise: Twitter former executives Vijaya Gadde, Parag Agrawal, Ned Segal, Sean Edgett, who have filed a lawsuit against Elon Musk over severance payments they say they are due. Andrew Harnik/AP/Kevin Dietsch/Patrick T. Fallon/Martina Albertazzi/Bloomberg/Getty Images/FILE

A group of former Twitter executives is making headlines as they take legal action against tech mogul Elon Musk, aiming to recover more than $128 million in severance they claim Musk has not paid since he acquired the company, now called X, over a year ago. Background: The Acquisition of…

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Nvidia Surges, Becomes Fourth-Largest Company Globally

Nvidia Corp (NVDA.O) has solidified its position as a juggernaut in the tech world, catapulting to become the world’s fourth-largest company by market capitalization. A remarkable 16.4% surge in its stock price on Thursday, driven by a quarterly earnings report that exceeded analysts’ expectations, propelled the chipmaker’s market cap to…

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Cruise's Self-Driving Car Unit Eyes Return to Testing Amid Safety Concerns

In a bid to revive its autonomous vehicle program, General Motors’ self-driving car unit, Cruise, is gearing up to recommence testing its robotaxis on public roads in the coming weeks, Bloomberg News reported on Thursday. However, the resumption would include safety drivers and initially take place in select cities such…

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Nvidia's Record-Breaking Surge Boosts Stock Market to Historic Heights

In a historic feat on Wall Street, Nvidia (NVDA.O) experienced a staggering surge in its stock market value on Thursday, adding a monumental $277 billion in a single day. This surge, the largest ever recorded in Wall Street’s history, was triggered by the chipmaker’s quarterly report, which not only surpassed…

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