US: Tech shares lead stocks higher ahead of jobs data
Wall Street stocks finished mostly higher on Wednesday following gains by Google parent Alphabet and Apple as markets look ahead to key US jobs data later in the week. Shares of…
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tech
This one line from Google’s antitrust ruling could reshape every Big Tech case
Google dodged a bullet Tuesday when a federal judge ruled the company does not need to sell off the Chrome browser or Android as part of the landmark antitrust case against it. While…
Via Transportation IPO: Stock listing date nears for transit tech startup
Via Transportation, a startup that aims to reimagine public transportation, has filed for an initial public offering (IPO), the latest tech-focused company seeking to take advantage of…
Kids aren’t reading for pleasure—and more than tech is to blame
A quarter-century ago, David Saylor shepherded the epic Harry Potter fantasy series onto U.S. bookshelves. As creative director of children’s publisher Scholastic, he helped design and…
President Trump Is Right to Fight European Tech Overreach
The Old World model of state management must not be permitted to hold back the advance of the freedom-fueled dynamism of the New World. Source link
Asian Markets Mixed as Japan Tech Slide Offsets China AI Strength
Asian markets started the week on a mixed footing, with Japan's Nikkei weighing on regional sentiment, but Chinese markets continued their rally. The Nikkei 225 dropped 1.6% as major…
Big Tech Companies in the US Have Been Told Not to Apply the Digital Services Act
Trouble is brewing for the Digital Services Act (DSA), the landmark European law governing big tech platforms. On August 21, the Federal Trade Commission (FTC), sent a scathing letter to a…
Chinese tech giant Alibaba aims to fill Nvidia void with its new AI chip
China’s Alibaba has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks, the Wall Street Journal reported on…
The secret history of how Intel ran the tech industry—until it didn’t
Welcome, and thanks for reading this issue of Fast Company’s Plugged In. On August 22, President Donald Trump announced via Truth Social that the U.S. federal government had acquired 10%…
Emerging drone tech firms are powering the defense industry’s next chapter
An executive order unveiled by the White House in late July aims to “unleash” the U.S. drone industry. The initiative includes billions in federal investments to accelerate the deployment…
Tech billionaires are building their own private cities. Here’s who’s doing what where
Having $1 billion isn’t enough these days. To be seen among the richest of the rich, you now need your own private sanctuary. For some, that means a sprawling compound. Increasingly,…
China tech giant JD.Com unit, two other firms plan US$1 billion Singapore Reit
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets…
EU rejects Trump’s claim of unfair digital rules targeting US tech
The European Commission rejected on Tuesday US President Donald Trump’s criticism that EU digital services rules unfairly target US tech companies and denied they amounted to censorship.…
Musk's xAI sues Apple and OpenAI, escalating billionaire's tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of anticompetitive behavior in the artificial…
Tech companies rarely reveal exactly how much water their data centers use, research shows
As demand for artificial intelligence technology boosts construction and proposed construction of data centers around the world, those computers require not just electricity and land, but…
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited gains, ahead of a crucial meeting of global…
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and weighed the prospect of Federal Reserve…
STI rises 0.1% despite US big tech sell-off
Equities in Singapore rose slightly on Wednesday (Aug 20), as the market reacted to a sell-off among US big tech names such as Nvidia and Oracle, which fell 3.5 per cent and 5.8 per cent,…
Asia: Markets dip after US tech slide
Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of an interest rate cut in the world’s largest…
US: Wall Street mostly declines as tech names pull back from highs
Wall Street’s stocks finished mostly lower on Tuesday (Aug 19), dragged down by tech companies retreating from record highs, while a Home Depot earnings report lifted retailers. The…
Clippy is back—this time as a mascot for Big Tech protests
Clippy has become an unlikely protest symbol against Big Tech. The trend started when YouTuber Louis Rossmann posted a video earlier this month titled “Change your profile picture to…
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect themselves from a wipeout. The tech-heavy Nasdaq 100…
Silicon Valley Is Panicking About Zohran Mamdani. NYC’s Tech Scene Is Not
John Borthwick, CEO of the venture capital firm Betaworks, tells WIRED that he is skeptical about the feasibility and potential effectiveness of many Mamdani campaign proposals—like free…
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How Microschools Became the Latest Tech Mogul Obsession
Elon Musk had a question: “Does anybody have any experience with first principles analysis?” He was speaking to a room full of kids, many of whom knew Musk as the CEO of companies that…