Phil Spencer, CEO of Microsoft’s gaming unit, arrives at federal court in San Francisco on June 28, 2023. Loren Elliott | Getty Images Microsoft executives in 2022 predicted that gaming growth would be driven by advertising and mobile purchases in the coming years, according to recently published documents found inadvertently on a court website. The …
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan McDermid | Reuters ARK Invest CEO Cathie Wood stated that she did not participate in Arm’s IPO last week due to its overvaluation compared to …
Sopa Images | Lightrocket | Getty Images Frustrated parents whose children made unauthorized purchases on the popular video game Fortnite now have a chance to get their money back. The Federal Trade Commission (FTC) announced today that more than 37 million people may be eligible for compensation as part of a settlement with the game’s …
Shenzhen: China’s Silicon Valley Since Alibaba’s U.S. listing in 2014, early-stage investing in China has attracted billions of dollars without much success. Only four U.S. dollar-denominated venture capital funds established between 2015 and 2020 have been able to return all the money invested, according to a report by alternative assets research firm Preqin. Preqin analyzed …
Dr. Niels Olson Uses the Augmented Reality Microscope: A Revolutionary Tool for Pathologists Dr. Niels Olson, Chief Medical Officer of the Defense Innovation Unit (DIU) at the U.S. Department of Defense, has been working with Google to develop the Augmented Reality Microscope (ARM). This AI-powered microscope is set to revolutionize the field of pathology by …
Morgan Stanley Initiates AI Revolution on Wall Street In a groundbreaking move, Morgan Stanley has officially ushered in the era of generative AI on Wall Street. The bank is proud to announce that its newly created assistant, powered by OpenAI’s advanced generative AI software, is now fully operational for all financial advisors and their support …
New AirPods Pro with Enhanced Features for Seamless User Experience Apple is set to launch the 2nd Generation AirPods Pro this month, alongside new iPhones and Apple Watches. While the hardware changes are minimal, with the only notable change being the replacement of the proprietary Lightning port with a USB-C charger, the real improvements come …
Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk to build his forthcoming Tesla factory in …
Ali Ghodsi, co-founder and CEO of Databricks. Databricks While some high-valued tech startups are turning to the IPO market for funding, Databricks has chosen to stay private, at least for now, and has managed to secure more investment. Databricks, a data analytics software provider, announced on Thursday that it has raised over $500 million at …
Arm Holdings CEO Rene Haas rings the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. Michael M. Santiago | Getty Images Arm, the chip design firm that supplies core technology to companies including Apple and Nvidia, priced its initial public offering at $51 a share. Arm’s fully diluted …