In a significant strategic pivot, Rumble, a video-sharing platform primarily catering to a conservative audience, announced its decision to invest a portion of its cash reserves into bitcoin. This decision, disclosed on a Monday evening, indicates a commitment of up to $20 million in cryptocurrency purchases. Following the announcement, Rumble’s stock saw a modest increase
Enterprise
Elon Musk has carved out an impressive and multifaceted business empire that spans various sectors, from electric vehicles with Tesla to aerospace innovations through SpaceX. His ventures also extend into artificial intelligence with xAI, neural technology via Neuralink, and infrastructure development through the Boring Company. Each of these companies showcases Musk’s commitment to transforming industries
Microsoft’s introduction of the Recall feature heralds a potential shift in how users interact with their digital environments, particularly in the realm of productivity and memory. Despite being met with enthusiasm upon its announcement, the rollout has revealed a mixed bag of capabilities and shortcomings that merit a critical examination. Initially unveiled in May, Recall
In a significant regulatory development, Apple and Google are now facing potential scrutiny regarding their grip on mobile web browsers and associated applications within the United Kingdom. This stems from a recent provisional report issued by the U.K.’s Competition and Markets Authority (CMA), which unveils how these tech giants’ practices may stifle innovation and competition
Bluesky has made a significant entrance into the social media arena, particularly in the wake of the recent presidential election, capturing the attention of users who are seeking alternatives to established platforms like Elon Musk’s X and Meta’s Threads. The platform, which aims to foster a more user-centric environment, distinguishes itself with a philosophy that
Super Micro Computer, a significant player in the server manufacturing industry, has recently made headlines with its announcement of hiring BDO as its new auditor amidst growing compliance issues with Nasdaq. This transition comes on the heels of a series of financial missteps, including the failure to file its 2024 year-end report in a timely
The recent introduction of options trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT) on the Nasdaq marks a significant milestone in the cryptocurrency market. This new trading avenue not only enables investors to speculate on Bitcoin’s price movement but also serves as a catalyst for enhancing market sophistication and investor confidence. On its first day
Nvidia has established itself as a titan in the artificial intelligence (AI) chip segment, securing a staggering 80% market share. This dominance is particularly evident in the fast-evolving landscape of generative AI, where the company’s graphics processing units (GPUs) have become the go-to choice among tech giants for developing and deploying innovative AI solutions. As
On a noteworthy Monday, Tesla’s share price soared nearly 8% in premarket trading following an impactful news report that indicated President-elect Donald Trump’s transition team is prioritizing the establishment of a federal regulatory framework for self-driving vehicles. The surge in Tesla’s stock reflects a market sentiment that is buoyed by the anticipated favorable treatment of
In a significant boost for the burgeoning space industry, The Exploration Company (TEC) has successfully raised $160 million to advance the development of its innovative Nyx capsule. This funding round, comprising investments from notable venture capital firms like Balderton Capital and Plural, as well as support from government-backed entities such as French Tech Souveraineté and