A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Chip manufacturer Nvidia is set to invest $50 million in Recursion Pharmaceuticals to accelerate the development of the biotech firm’s cutting-edge artificial intelligence models for drug discovery. The joint announcement by both companies on Wednesday …
Elon Musk, the CEO of SpaceX and Tesla, made an appearance at the Viva Technology conference in Paris on June 16, 2023. Image Source: Chesnot | Getty Images Elon Musk, the renowned entrepreneur who serves as the CEO of Tesla and SpaceX, as well as the owner of Twitter, has recently revealed the launch of …
Sen. Elizabeth Warren, a Democratic senator from Massachusetts, recently spoke out against tax prep software companies that may have unlawfully shared customer data with tech giants Google and Meta. Warren and a group of lawmakers have called on the Biden administration to investigate these allegations. In a letter addressed to Attorney General Merrick Garland, Federal …
The Privacy Shield Framework logo is prominently displayed on the screen of a smartphone. This represents a significant milestone as the European Union and the United States have agreed on a groundbreaking data-sharing agreement, allowing businesses to continue transferring data from the EU to the US without interruption. This agreement is paramount for US tech …
FTC Chair Lina Khan’s Vision of Antitrust Enforcement Challenged by Judge’s Ruling A federal judge recently rejected the Federal Trade Commission’s (FTC) request for a preliminary injunction to halt Microsoft’s acquisition of Activision Blizzard. This ruling not only jeopardizes the deal but also undermines FTC Chair Lina Khan’s approach to antitrust enforcement. Although the judge’s …
A BE-4 engine at Blue Origin’s Launch Site One facility in West Texas experienced a catastrophic failure during testing last month. Video footage of the incident shows a dramatic explosion that destroyed the engine and caused significant damage to the test stand infrastructure. The explosion occurred approximately 10 seconds into the test, and the engine …
Urs Holzle, the Senior Vice President for Technical Infrastructure at Google, made an announcement today that he will be stepping back from his management role after 24 years. During his time at Google, Holzle has played a crucial role in leading technical teams and overseeing the development of Google Cloud Platform. In this transition, Holzle …
Google was developing an AI-powered mobile chatbot app specifically designed for Gen Z users. This app featured interactive digital characters that would engage in conversations with users. However, Google recently decided to “deprioritize” this project as part of an internal reorganization, resulting in the cessation of work on the app. The app, known as “Bubble …
Shares of Activision Blizzard surged by 10% on Tuesday after a judge rejected the Federal Trade Commission’s request for a preliminary injunction to block Microsoft’s acquisition of the gaming company. This decision resulted in Activision Blizzard’s stock reaching a 52-week high of $92.91 per share, marking the largest increase since the acquisition was announced on …
Microsoft CEO Satya Nadella arrives at court in San Francisco on June 28, 2023. Shelby Knowles | Bloomberg | Getty Images A federal judge in San Francisco has rejected the Federal Trade Commission’s motion for a preliminary injunction to block Microsoft’s acquisition of video game publisher Activision Blizzard. However, there are still potential hurdles to …