The motion argues that the Federal Trade Commission (FTC) has failed to provide evidence that Meta unlawfully monopolized part of the social networking market through its acquisitions of WhatsApp and Instagram.
Author: Nileena Sunil
Crypto giant Coinbase said during a legally-required filing with U.S. regulators, that its systems have been breached, and customer data, including government-issued identity documents, were stolen.
On Friday, CoreWeave announced a new $4 billion deal with OpenAI to grow its cloud computing capacity for handling artificial intelligence, according to Bloomberg.
“Perplexity wants to be wherever users are asking questions and making decisions,” said Ryan Foutty, Perplexity’s vice president of business. “Our vision for assistive AI is that everything just gets better and easier for people — wherever they are and however they prefer to make decisions.”
Nvidia’s valuation reached a thumping $3 trillion for the first time since February, with the company’s stock rising by 6% on Wednesday.
It is expected that this deal would make Databricks more attractive to businesses that want to create their own AI bots.
“Many of the issues standing in the way of achieving our goals as well as our opportunities are largely within our control,” former CEO Stephen Hemsley said on a call with investors.
California-based financial services company Robinhood Markets has agreed to buy Canadian crypto firm WonderFi for $178.98 million.
Microsoft said on Tuesday that it is laying off 3% of its employees from all over the world, at different levels and teams.
AI chipmaker Nvidia announced it would sell more than 18,000 of its latest artificial intelligence chips to Humain.
A Wall Street report revealed that the startup Perplexity AI is raising $500 million, challenging Google’s dominance when it comes to search
SoftBank’s Vision Fund segment recorded a gain of 26.1 billion yen in its fourth fiscal quarter, led by a rise in the value of TikTok owner ByteDance.
Billy Evans, the romantic partner of Theranos founder Elizabeth Holmes, has reportedly raised millions of dollars for his new company Haemanthus.
Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology Co., Limited (CATL) is set to raise at least $4 billion in what is said to be Hong Kong’s biggest share sale, and the largest global listing so far this year
Y Combinator-backed startup Theta Software, which builds self-learning and real-time adaptation for AI agents, has recently launched
Google is also launching new AI-powered warnings for Chrome on Android to help users be aware of spam notifications
Coinbase has agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion
Amartya Jha, the co-founder and CEO of code review platform CodeAnt revealed on Thursday that the company received $2 million in a seed round
Apple claimed that its deal with Google Search might not be necessary in the long run, while trying to save its partnership with Alphabet, Google’s parent company
Microsoft has announced Thursday that it would join Google’s Agent2Agent (A2A) protocol which was introduced in April
Tesseral, a startup for open source authentication infrastructure for business-to-business (B2B) software companies, announced its emergence from stealth with $3.3 million in seed financing
NSO Group, the Israeli cyber intelligence firm behind Pegasus spyware has been asked to pay WhatsApp $167 million for hacking 1,400 people in 2019
The diet company known as WeightWatchers filed for bankruptcy saying its 62-year-old business model was now under threat amid the rise of weight loss drugs like Ozempic
British food delivery firm Deliveroo has stated that it has agreed to a $3.9 billion takeover offer from American rival DoorDash
Footwear company Skechers is set to be acquired by Brazilian private equity firm 3G Capital in a deal worth $9.26 billion