SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]
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Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its […]
Nasdaq Inc is placing a big bet on the cryptocurrency market, with the launch of a digital assets business that is aimed at tapping institutional investor The new unit, Nasdaq Digital Assets, will offer custody services for cryptocurrencies, including bitcoin and ethereum, potentially pitting it against firms such as Coinbase, Fidelity Digital Assets and Winkelvoss […]
SpaceX CEO Elon Musk said on Monday that the company will ask for an exemption from sanctions against Iran to provide the firm’s Starlink satellite broadband service in the country. Musk made the statement on Twitter at a time of widespread protests in Iran over the death of a woman in police custody. Some people […]
Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering (IPO), according to regulatory filings, that would be the largest in the city in 2022. The company is selling 130.82 million shares in the deal that will be sold in a price range of HK$48 […]
Uber Technologies Inc said on Monday a hacker affiliated with the Lapsus$ hacking group was responsible for a cyber attack that forced the ride-hailing company to shut several internal communications temporarily last week. Uber said the attacker had not accessed any user accounts and the databases that store sensitive user information such as credit card […]
The meme-coin Dogecoin (DOGE) began as an absolute joke and was never intended to be anything more than that. Let alone take off. However, many have profited immensely from the Dogecoin (DOGE) craze. For instance, a senior manager at Goldman Sachs left his position behind after earning millions of dollars in a dogecoin investment. Since […]
Remember floppy disks? Nowadays, we wouldn’t dream of storing our data on such a bulky storage device. In fact, even the humble USB stick’s use is dwindling as everything heads to the cloud. But we all still use SIM cards, don’t we? Not for much longer — Apple has removed SIM card trays for all […]
How Will the Full Fibre Rollout Benefit Everyone in the UK? Superfast broadband was supposed to be the solution to all of our home internet problems but many have realised that, as it relies on the decades-old copper network, it simply isn’t fit for a future online world. Technological changes mean that moving forward, we […]
The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings due to worries their fast-growing financing products are harming consumers, the agency said on Thursday. The watchdog, which does not currently oversee BNPL companies or products, will issue guidance or a rule to align sector […]