Technology
China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty Shares of ASML, which is seen […]
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The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Giuseppe Cacace | Afp | Getty Images DUBAI, United Arab Emirates — Deep in the oil-rich deserts of the Middle East, the United Arab Emirates is on […]
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Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says
Getty Images’ logo seen displayed on a smartphone with an AI chip and symbol in the background. Budrul Chukrut | Sopa Images | Lightrocket via Getty Images LONDON — Getty Images is spending millions of dollars to take on a “world of rhetoric” through its Stability AI suit, the photo licensing company’s boss Craig Peters […]
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SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches
Matt Farrah of Newcastle, Australia views SpaceX’s next-generation Starship spacecraft atop its Super Heavy booster is prepared for launch on its ninth test at the company’s launch pad in Starbase, Texas, U.S., May 27, 2025. Joe Skipper | Reuters SpaceX’s Super Heavy booster and Starship rocket exploded during a test flight on Tuesday, the third […]
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Musk’s role leading DOGE qualifies as ‘continuing and permanent,’ federal judge says
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images In its bid to have a lawsuit against Elon Musk, the Department of Government […]
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Circle IPO has peculiar Facebook-like characteristic
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. […]
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23andMe to delist from Nasdaq, deregister with SEC
A sign is posted in front of the 23andMe headquarters in Sunnyvale, California, on Feb. 1, 2024. Justin Sullivan | Getty Images 23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after Regeneron Pharmaceuticals said earlier this […]
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Block’s bitcoin checkout goes live in Vegas, a significant step in making it ‘everyday money’
A Square-powered bitcoin checkout is now live on the Vegas Strip, where Bitcoin 2025 attendees can scan and pay for merch in seconds using the Lightning Network. Miles Suter LAS VEGAS — Jack Dorsey’s latest bitcoin vision is hitting the checkout counter — starting with a merch truck parked just off the casino floor inside […]
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DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters LAS VEGAS — Trump Media announced Tuesday a $2.5 billion raise from institutional investors to bankroll one of the largest bitcoin treasury allocations by a public company. Shares of […]
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Tesla shares climb as Musk pledges to be ‘super focused’ on companies ahead of Starship launch
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images Tesla shares gained about 5% on Tuesday after CEO Elon Musk over the weekend […]
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