Breaking News: Technology
Google looks likely to lose appeal against record $4.7 billion EU fine
Google suffered a setback Thursday after an advisor to the European Union’s top court recommended it dismiss the tech giant’s appeal against a record 4.1-billion-euro ($4.7 billion) antitrust fine. Juliane Kokott, advocate general at the European Court of Justice, advised the court to throw out Google’s appeal and confirm the fine, which was reduced in […]
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SpaceX’s Starship explodes during routine test in Texas
A SpaceX Starship is seen in Boca Chica, Texas in 2023. Patrick T. Fallon | Afp | Getty Images A SpaceX Starship rocket on Wednesday exploded at the Starbase facility in Texas during routine testing in preparation for a launch flight, according to local authorities and live stream footage. The rocket “experienced a major anomaly […]
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DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in […]
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Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says
People look at iPhones at the Apple Fifth Avenue store in New York City, U.S., May 23, 2025. Adam Gray | Reuters Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said that Apple’s folding phone could have a display made by Samsung Display, which […]
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Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers
FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. Mike Blake | Reuters Scale AI’s Interim CEO Jason Droege said in a memo on Wednesday that the artificial intelligence startup is not changing course following Meta’s multibillion-dollar investment in the company last week. “Unlike some other […]
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Shares of Coinbase, Circle surge after stablecoin bill passes Senate
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSE Shares of Circle and Coinbase rallied on Wednesday, as Wall […]
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Waymo cars are coming to New York, but with a driver behind the wheel
Waymo driverless vehicles wait at a traffic light in Santa Monica, California, on May 30, 2025. Daniel Cole | Reuters Residents of New York City will soon start seeing Waymo cars cruising the avenues. But at least for now, a human will be in the driver’s seat. Alphabet‘s self-driving car unit announced on Wednesday that […]
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OpenAI is winding down its work with Scale AI, whose founder is joining Meta
Open AI CEO Sam Altman speaks at the annual Snowflake Summit in San Francisco, California on June 02, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI is winding down its work with Scale AI, the artificial intelligence startup that received a multibillion-dollar investment from Meta earlier this month and saw its founder […]
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Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year. […]
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Klarna CEO wants to turn the platform into a ‘super app’ with AI
Key Points Klarna CEO Sebastian Siemiatkowski wants to make the platform more of an all-encompassing financial “super app” that’s personalized and can offer non-financial services. “With AI, you can abstract and adopt the experience much more to the specific user you’re dealing with,” Siemiatkowski told CNBC in an interview this week. On Wednesday, Klarna is […]
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