Tech stocks are sliding as traders dump risky assets ahead of key economic data. Nvidia’s upcoming earnings report becomes increasingly critical in this volatile environment. Analyst Dan Ives believes successful AI investments could trigger a US innovation renaissance.
Google’s NotebookLM is getting a significant boost with Deep Research capabilities that can instantly scan hundreds of websites. The update also brings expanded file type support including Google Drive integration and Microsoft Word documents for the first time.
AT&T has established a $177 million settlement fund for customers affected by two major data breaches. Eligible customers could receive payments ranging from pro-rata shares to documented loss payments up to $7,500. The deadline to submit claims is December 17, 2024.
Tech stocks led a sharp market decline as investors grew nervous about missing economic data and stretched valuations. The Nasdaq dropped 1.8% while key tech giants saw even steeper losses.
The early-stage venture fund Betaworks has announced the 10 companies graduating from its latest Camp program focused on AI interfaces. This batch includes everything from brain-to-text translation to scent photographs and app-free computers. The 13-week program has previously launched notable compa
One of the largest cryptocurrency miners is abandoning Bitcoin operations to build AI data centers. The two-year transition reflects shrinking crypto margins and booming AI demand. This could signal a broader industry trend.
South Africa is tackling its grid capacity crisis head-on with a R2-billion credit guarantee vehicle. The move is a direct response to the renewable energy industry’s calls for a way to finance crucial transmission expansion. This could be the key to unlocking thousands of megawatts of stalled clean
Uber Freight is expanding its partnership with Better Trucks and making a strategic investment in the last-mile delivery provider. The collaboration combines Uber’s regional connectivity with Better Trucks’ urban operations and address validation technology. Both companies plan to enter new markets
Apple is in UK court fighting for permission to appeal a massive $2 billion fine over App Store competition practices. The hearing has been described as protracted and acrimonious, with Apple’s legal team criticizing the opposition’s lack of preparation. The outcome could set major precedents for te
Law enforcement agencies from 11 countries collaborated to take down three major malware networks. The operation resulted in over 1,025 servers disrupted and the arrest of VenomRAT’s main operator in Greece.
