As the new trading year kicked off, Bitcoin made headlines by rebounding sharply above the $100,000 mark, showcasing a significant increase of approximately 4%, settling at $102,234 according to Coin Metrics. This surge not only highlights Bitcoin’s resilience but also positions it as a frontrunner in the cryptocurrency market as it begins to garner more
Enterprise
In a striking development in the tech industry, global semiconductor stocks experienced a significant uptick on Monday following the news that Foxconn, the renowned electronics manufacturer, released record earnings for the fourth quarter. Foxconn, officially known as Hon Hai Precision Industry Co. Ltd., reported an impressive revenue of 2.1 trillion New Taiwan dollars (approximately $63.9
The cybersecurity industry mourns the loss of a visionary leader following the passing of Amit Yoran, age 54, who, until recently, served as the chief executive officer of Tenable. His unexpected death on Friday was a profound shock to many within the tech community, especially after he transitioned to medical leave in December to battle
Microsoft has announced a staggering $80 billion investment in the construction of data centers specifically designed to accommodate artificial intelligence (AI) workloads by fiscal 2025. This ambitious plan underscores the company’s recognition of the growing demand for AI capabilities across various sectors. According to Microsoft’s Vice Chair and President Brad Smith, a significant portion of
Recent data has revealed a significant downturn in the sales of foreign smartphone brands in China, particularly affecting industry leader Apple. In November alone, shipments of foreign mobile phones fell to approximately 3.04 million units—a staggering decrease of nearly 47.4% compared to the same month the previous year, and a sharp 51% decline from October
In a significant organizational change, Meta, the parent company of Facebook, has announced the departure of Nick Clegg from his position as the President of Global Affairs. Replacing Clegg will be Joel Kaplan, who currently serves as the Vice President of Policy and has a background in Republican politics. This transition occurs during a critical
In a bold move aimed at redefining the competitive landscape of artificial intelligence, Alibaba has announced substantial price cuts on its large language models (LLMs), slashing rates by as much as 85%. This announcement taps into the rapidly evolving AI sector and highlights Alibaba’s efforts to cement its position amid growing competition. Blockchain technology and
The pace of change in technology has brought both opportunities and challenges to industry giants, and Google is at the forefront of this evolution. As 2025 approaches, CEO Sundar Pichai has made it clear that the company is at a critical juncture. With increasing competition and regulatory scrutiny, coupled with the rapid evolution of artificial
OpenAI, the prominent player in the artificial intelligence landscape, is undergoing a significant transformation in its structural framework by planning to operate as a public benefit corporation (PBC) starting in 2025. This pivotal change is aimed at shedding the constraints imposed by its nonprofit origins, enabling the organization to adopt a more dynamic approach akin
The political landscape of the United States is evolving, and nowhere is this more apparent than in the shifting dynamics of a new administration under President-elect Donald Trump. This time, however, the narrative surrounding the influence of technology and its titans is more pronounced. As the former president prepares for another term, his strategic selections