The final week of March kicked off with Bitcoin reclaiming the $70,000 level, experiencing a significant spike. The flagship cryptocurrency surged by about 7%, reaching $70,617.68, as reported by Coin Metrics. Ether also had a positive momentum, jumping 5% to $3,575.01. This surge was not limited to Bitcoin and Ether alone, as most other cryptocurrencies
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Match Group recently announced the addition of two new directors to its board, Laura Jones, the Chief Marketing Officer of Instacart, and Spencer Rascoff, the co-founder of Zillow. This move comes as part of the company’s effort to revamp its leadership and strategic direction. The appointments were made effective immediately, signaling a proactive approach to
Apple CEO Tim Cook recently announced that the company will be launching its Vision Pro headset in China later this year. This news came during his visit to the country, where he also toured a new Apple store in Shanghai and attended the China Development Forum in Beijing. The announcement was made in a video
China has recently implemented new guidelines that will phase out U.S. processors in government computers and servers, a move that is set to have significant implications for chip manufacturers like Intel and AMD. The Financial Times reported on Sunday that these procurement guidelines, introduced on Dec. 26, will prioritize Chinese alternatives for processors, operating systems,
The recent market debuts of Reddit and Astera Labs have brought a glimmer of hope to Wall Street’s tech IPO bankers after a prolonged dry spell. These two venture-backed tech companies mark a significant shift in the IPO landscape as they are the first notable tech IPOs in the U.S. since Instacart and Klaviyo in
Anthropic, the red-hot artificial intelligence startup, has been generating a lot of interest from investors, including sovereign wealth funds. However, one country that has been notably absent from the list of potential backers is Saudi Arabia. While bankers are working to line up new investors for Anthropic, the company has made it clear that they
The recent statement from the Justice Department’s top antitrust official regarding Apple’s alleged anticompetitive practices serves as a reminder of the importance of companies competing on the merits. Jonathan Kanter emphasized the benefits of healthy competition not only for businesses but also for consumers and the economy as a whole. By encouraging companies to focus
The Competition and Markets Authority (CMA) in the U.K. has raised concerns over Vodafone’s planned merger with rival CK Hutchison, prompting an in-depth investigation unless satisfactory solutions are provided to alleviate the regulator’s apprehensions. The CMA’s main worry is that this merger could result in a significant decrease in competition, leading to higher prices for
Elon Musk’s startup, Neuralink, recently showcased a live video demonstrating the capabilities of their brain implant technology. The video featured a patient named Noland Arbaugh, who used Neuralink’s device to control a computer and play chess through neural signals. This breakthrough represents a significant advancement in the field of brain-computer interfaces (BCI) and has the