Technology
Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase shares soared more than 20% on Tuesday and headed for their sharpest rally since the day after President Donald Trump’s election victory following the […]
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Nvidia sending 18,000 of its top AI chips to Saudi Arabia
Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | Reuters Nvidia will sell more than 18,000 of its latest artificial intelligence chips to Saudi company Humain, CEO Jensen Huang announced Tuesday. The announcement was made as part […]
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Elon Musk says Starlink was approved in Saudi Arabia
Tesla CEO Elon Musk speaks, as he sits with Saudi Minister of Communications and Information Technology Abdullah Alswaha, at the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Elon Musk said Saudi Arabia has approved Starlink for aviation and maritime use in the region speaking at an event […]
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Microsoft is cutting 3% of all workers
Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Willy Kurniawan | Reuters Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best […]
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Hinge Health aims to raise up to $437 million in IPO, pricing at $28 to $32 per share
Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health Hinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering. The digital physical therapy startup filed its initial prospectus in March, and it updated the document with an expected […]
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Dubai government to accept crypto payments through Crypto.com partnership
Crypto.com logo displayed on a phone screen with representation of cryptocurrencies. Nurphoto | Nurphoto | Getty Images Dubai’s Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with cryptocurrencies. The memorandum of understanding between Dubai government officials and Mohammed Al Hakim, president of Crypto.com UAE, […]
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Perplexity AI wrapping talks to raise $500 million at $14 billion valuation
Perplexity AI is in late-stage talks to raise $500 million at a $14 billion valuation, a source familiar with the situation confirmed to CNBC Monday. Accel, the Palo Alto-based venture capital firm, will lead the round, according to the source, who spoke anonymously because the round is not yet finalized. The Wall Street Journal first […]
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Trump says he talked to Apple CEO Tim Cook after China tariff rollback
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images President Donald Trump said Monday that he talked to Apple CEO Tim Cook after the […]
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Eric Trump’s American Bitcoin going public in latest crypto move by president’s family
The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoin, will trade under the ticker symbol “ABTC,” with the […]
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KindlyMD shares skyrocket 600% after merger with Trump crypto advisor David Bailey’s bitcoin investment company
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty Images Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed […]
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