Technology
Tesla limits investors’ ability to sue over breach of fiduciary duties
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters In a regulatory filing out Friday, Elon Musk-led automaker Tesla announced a change to its corporate bylaws that will limit shareholders ability to sue the company if investors believe the company’s […]
Read More
Nvidia and Tesla ripped higher this week, boosted by Trump’s Middle East tour
(COMBO) This combination of pictures created on January 31, 2025 shows (L) Nvidia CEO Jensen Huang in Las Vegas, Nevada on January 6, 2025, and US President Donald Trump in the Oval Office of the White House in Washington, DC on January 31, 2025. Jensen Huang, CEO of AI chip giant Nvidia, met January 31, […]
Read More
Nvidia, Cisco and OpenAI are backing the UAE Stargate data center project
NVIDIA CEO Jensen Huang attends an ‘Investing in America’ event held by U.S. President Donald Trump in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters U.S. tech giants Nvidia, Cisco and OpenAI are supporting the “UAE Stargate” artificial intelligence data center announced this week, a source familiar with the deal confirmed Friday. AI chip […]
Read More
Tech IPO market is finally showing signs of life
Yoni Assia, co-founder and chief executive officer of EToro Group Ltd., center, and Ronen Assia, co-founder of EToro Group Ltd., center left, ring the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, May 15, 2025. Yuki Iwamura | Bloomberg | Getty Images The IPO market […]
Read More
Apple Pay services resolved after outage, company says
Nurphoto | Nurphoto | Getty Images Apple users experienced problems with a range of the company’s payment features on Friday. Wallet and Apple Pay were the last payment issues to be resolved, according to the company’s support site. Earlier in the day, nearly 3,000 users reported issues with Apple Pay, according to Downdetector, a website […]
Read More
Tesla adds long-time Chipotle executive Jack Hartung to board of directors
Jack Hartung. Scott Mlyn | CNBC Tesla has appointed long-time Chipotle executive Jack Hartung to its board of directors, effective June 1. As part of the board, Hartung will join Tesla’s audit committee, the electric vehicle company disclosed in a filing with the SEC on Friday. The addition comes as Tesla battles sinking EV sales […]
Read More
Novogratz’ Galaxy Digital opens trading on the Nasdaq at $23.50 per share
Mike Novogratz’ crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY. The stock opened at $23.50 per share on the U.S. exchange. Galaxy Digital, which has been traded on the Toronto Stock Exchange since 2020, shifted its shares to the Nasdaq through a direct listing — a move that follows […]
Read More
Mike Novogratz describes ‘unfair, infuriating’ path to Galaxy Digital’s Nasdaq listing
Michael Novogratz, founder and chief executive officer of Galaxy Digital LP, left, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, July 26, 2023. Victor J. Blue | Bloomberg | Getty Images TORONTO — Mike Novogratz said he spent nearly four years and more than $25 […]
Read More
U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says
U.S. President Donald Trump signs a guest book next to United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan, at Qasr Al Watan, in Abu Dhabi, United Arab Emirates, May 15, 2025. Brian Snyder | Reuters ABU DHABI, United Arab Emirates — The U.S. and United Arab Emirates are working on a path to […]
Read More
Musk’s xAI says Grok’s ‘white genocide’ posts resulted from change that violated ‘core values’
Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Thursday evening made its first public comment about the latest controversy surrounding Grok, writing in a post on X that an “unauthorized modification” caused the chatbot to generate variations of a “specific response on a political topic.” That controversial topic was “white genocide” […]
Read More