Breaking News: Technology
Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round
Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs, BNP Paribas and Ken […]
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Amazon to invest £40 billion in the UK over next three years
An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images LONDON — Amazon will invest £40 billion ($54 billion) in the U.K. over the next three years, the e-commerce titan announced Tuesday. The company said it plans to spend the money on building four new fulfillment centers — large warehouses where it prepares orders […]
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How a war-torn Myanmar plays a critical role in China’s rare earth dominance
Illustration of the national flag of the People’s Republic of China and a mining site. Craig Hastings | Moment | Getty Images Beijing has been stepping up controls on rare earth exports, triggering global shortages and exposing industries’ dependence on Chinese supply chains. However, over recent years, China itself has become reliant on rare earth […]
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DeepSeek aids China’s military and evaded export controls, US official says: Reuters
CFOTO | Future Publishing | Getty Images AI firm DeepSeek is aiding China’s military and intelligence operations, a senior U.S. official told Reuters, adding that the Chinese tech startup sought to use Southeast Asian shell companies to access high-end semiconductors that cannot be shipped to China under U.S. rules. The U.S. conclusions reflect a growing conviction in Washington that the capabilities behind the rapid […]
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Meta approached AI startup Runway about a takeover bid before Scale deal
Mustafa Hatipoglu | Anadolu | Getty Images Meta spoke with artificial intelligence startup Runway about a potential takeover ahead of its multibillion-dollar investment in Scale AI, CNBC confirmed on Monday. Runway is best known for its AI video generation tools and earned a spot on CNBC’s Disruptor 50 list earlier this month. The deal talks […]
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Super Micro shares fall on planned $2 billion convertible debt offering
The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell about 6% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030. A company’s stock often falls on the announcement […]
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U.S. House tells staffers not to use Meta’s WhatsApp
A woman walks past a logo of WhatsApp during a Meta event in Mumbai, India, on Sept. 20, 2023. Niharika Kulkarni | Nurphoto | Getty Images Meta is pushing back against a ban on WhatsApp from government devices. The chief administrative officer, or CAO, of the U.S. House of Representatives told staffers on Monday that […]
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Tesla stock rises as Musk touts ‘successful’ robotaxi Austin launch
A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. T Tim Goessman | Bloomberg | Getty Images Tesla‘s driverless robotaxi finally hit the road this weekend, sending shares of the electric vehicle maker up about 5% on Monday. The EV giant debuted autonomous rides in Austin, Texas, on […]
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Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink
An Atlas V rocket of United Launch Alliance (ULA) lifts off from Space Launch Complex 41 at the Kennedy Space Center in Cape Canaveral, Florida on June 23, 2025. Gregg Newton | Afp | Getty Images Amazon‘s second batch of Kuiper internet satellites reached low Earth orbit on Monday, adding to its plans for a […]
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Trump Media approves $400 million stock buyback
U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | Reuters Trump Media & Technology Group, the parent company of Truth Social, Truth+, and the fintech platform Truth.Fi, said Monday its board has approved a stock […]
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