technology News
Klarna Shares Rise After Unveiling US Dollar Stablecoin on Stripe Network
The fintech giant becomes the first bank to issue a stablecoin on Stripe's new Tempo blockchain, aiming to slash cross-border transaction fees for its 114 million customers.
SAP Faces Lawsuit Over Alleged Trade Secret Theft From o9 Solutions
Complaint alleges former executives stole over 20,000 files to benefit the German software giant's supply chain planning software, putting a key growth area at risk.
Google's AI Chips Challenge Nvidia's Reign with Potential Meta Deal
A multi-billion dollar negotiation between Meta and Google for TPU chips signals a significant shift in the AI hardware landscape, pressuring Nvidia's market dominance.
Wedbush's Dan Ives Names 'Top 10' Stocks for the AI Revolution
Influential analyst dismisses bubble fears, predicting a 'tidal wave' of AI spending will propel tech leaders like Microsoft, Nvidia, and Palantir.
Foxconn Bets $569M on US AI Server Boom, Signaling Chip Demand
Investment in Wisconsin facility to meet 'surging demand' for AI hardware, underscoring continued capital spending benefiting Nvidia and AMD.
Cathie Wood's Ark Invest Boosts Alphabet Stake in AI Strategy Shift
The move signals a broader rotation into mega-cap tech, as Ark trims positions in AMD and Palantir, underscoring a flight to quality within the AI sector.
Meta Faces New US Probe Over Billions in Alleged Scam Ad Profits
Bipartisan senators demand FTC and SEC investigations as the social media giant is hit with a separate €479 million fine in Spain for data use.
Nvidia's AI Dominance Faces New Threat from Google's Chips
Reports that Meta is exploring Google's new TPUs for its data centers are sending ripples through the once-monolithic AI hardware trade, challenging Nvidia's market grip.