technology News
Strive pivots to Bitcoin with $500M stock sale
Vivek Ramaswamy-founded firm to issue preferred stock representing over 60% of its market value, tying its future to volatile crypto markets.
US PC Shipments Fall Again, Testing Hopes for an AI-Driven Rebound
A second consecutive quarterly decline in US shipments signals persistent market weakness ahead of an anticipated 2025 enterprise refresh cycle.
Ondo Finance Soars on State Street, Galaxy Digital Partnership
Collaboration to launch a tokenized treasury fund marks a pivotal moment for real-world asset tokenization, blending traditional finance with digital asset infrastructure.
Viasat Faces New Rival as Amazon Enters In-Flight Wi-Fi Market
Amazon's Project Kuiper has secured JetBlue as its first airline partner, signaling a significant competitive challenge to established satellite internet providers.
Nvidia Shares Dip as Oracle Signals 'Chip Neutrality' Strategy
Oracle Chairman Larry Ellison's comments about using multiple chip suppliers introduce new competitive questions for the AI market leader.
Meta Pivots From Metaverse, Cutting Costs to Bet on AI Wearables
The company is restructuring its Reality Labs division, reallocating resources from long-term virtual reality projects to near-term AI glasses amid tens of billions in losses.
Eaton Invests $50M+ in Virginia Plant to Power AI Data Center Boom
The power management giant is doubling its local footprint to meet surging demand for electrical gear essential for running artificial intelligence factories.
US Chipmakers Face Lawsuit Over Alleged Use of Chips in Russian Arms
Intel, AMD, and Texas Instruments named in a suit alleging their components were found in Russian military hardware, highlighting supply chain risks.