Technology
More Chinese EV makers debut in Singapore as the city-state boosts adoption with incentives, more charging points
GUANGZHOU,CHINA – NOVEMBER 24: A ZEEKR X is on display during the 2023 Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 24, 2023 in Guangzhou, Guangdong province of China. (Photo by Stringer/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images More Chinese electric vehicle brands are launching in Singapore […]
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Advertising group suspends brand safety unit after Elon Musk’s antitrust lawsuit
Elon Musk attends the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session during the Cannes Lions International Festival Of Creativity 2024 – Day Three in Cannes, France, on June 19, 2024. Marc Piasecki | Getty Images A global advertising group has suspended the operations of a unit focused on […]
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Defense tech start-up Anduril Industries raises $1.5 billion, now valued at $14 billion
An 1:2 scale model of the Anduril Fury, a multi-mission group 5 autonomous air vehicle (AAV), at Anduril’s headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty Images Defense start-up Anduril Industries announced Wednesday that it raised $1.5 billion in funding for its Series F round, valuing the […]
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Cryptocurrencies resume their rebound, bitcoin retakes $59,000
Omer Taha Cetin | Anadolu | Getty Images Cryptocurrencies resumed their rebound from their big sell-off earlier in the week, with bitcoin retaking $59,000. The price of the flagship cryptocurrency was last higher by 8% at $59,385.40, according to Coin Metrics, rising above the $55,000 floor that has supported it for much of this year. […]
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Musk-Trump alliance: Why the onetime enemies are teaming up to win the White House
Tesla and SpaceX CEO Elon Musk listens to President Donald Trump during a meeting with business leaders in the State Dining Room of the White House in Washington, Feb. 3, 2017. Evan Vucci | AP NASHVILLE, Tenn. — Former President Donald Trump’s highly anticipated keynote address at the biggest bitcoin gathering of the year late […]
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Palantir jumps on Microsoft partnership to sell AI to U.S. defense, intel agencies
Alex Karp, chief executive officer of Palantir Technologies Inc., walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Wednesday, July 10, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares climbed about 6% on Thursday morning after the company announced a partnership […]
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Deliveroo shares jump 8% after posting first-ever profit on ‘inflection’ in consumer demand
A delivery worker with a backpack of Deliveroo rides a bike in Nice, France, October 25, 2022. Eric Gaillard | Reuters British food delivery firm Deliveroo reported a small profit in the first half of the year, inching into the black for the first time ever after logging growth in consumer demand. The company, which […]
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As disinformation spreads during UK riots, regulators are currently powerless to take action
Kirill Kudryavtsev | AFP | Getty Images LONDON — Ofcom, the U.K.’s media regulator, was chosen last year by the government as the regulator in charge of policing harmful and illegal content on the internet under strict new online safety regulations. But even as online disinformation related to stabbings in the U.K. has led to […]
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Apple could charge up to $20 for some Apple Intelligence AI features, analysts say
Jaque Silva | SOPA Images | Lightrocket | Getty Images Apple could charge its users up to $20 for its advanced artificial intelligence features, analysts told CNBC, as the company looks to boost the growth of its lucrative services business. The Cupertino giant plans to rollout Apple Intelligence, its forthcoming AI system, across some of […]
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Shopify shares soar 22% after earnings top expectations, company gives upbeat forecast
The Shopify logo is pictured outside the The Well building on Spadina Ave. in Toronto. Lance Mcmillan | Toronto Star | Getty Images Shares of Shopify popped as much as 22% in early trading Wednesday after the Canadian e-commerce company topped expectations for the second quarter, citing strong demand despite “a mixed consumer spend environment.” […]
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