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TECHNOLOGY

Musk’s Neuralink raises $280 mln in funding led by Thiel’s Founders Fund

On August 7th, in a development that underscores the growing interest and investment in cutting-edge neurotechnology, Elon Musk’s brain chip…

China drafts rules for using facial recognition technology

On August 8th, 2023, the Cyberspace Administration of China (CAC) took a significant step towards addressing concerns surrounding the excessive…

Snapchat under scrutiny from UK watchdog over underage users

In an ongoing development, Britain’s regulatory body overseeing data protection is actively collecting information about Snapchat, the popular U.S.-based instant…

Meta’s Threads will soon have search and web functions, Zuckerberg says

In a significant move to revamp its Twitter-like Threads app, Meta, the social media giant formerly known as Facebook, is…

X, formerly Twitter, commandeers ‘@music’ handle from user with half a million followers

In a recent turn of events, the social networking platform Twitter, now rebranded as X, has sparked controversy by commandeering…

SharkNinja’s NYSE debut underscores challenges for U.S. businesses that rely on China

In a year marked by a dearth of initial public offerings (IPOs), the home appliance and vacuum cleaner company SharkNinja…

How U.S. microchips are fueling Russia’s military — despite sanctions

Amidst the ongoing geopolitical tensions, a significant revelation has emerged that Western microchips continue to find their way into Russia,…

Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut

In a highly anticipated market debut on Monday, Hua Hong, the second-largest chip foundry in China, made its presence known…

Gen Digital beats first-quarter revenue estimates on uptick in demand

On August 3rd, 2023, Gen Digital (GEN.O), a leading cybersecurity firm, reported impressive financial results for the first quarter, surpassing…

Massachusetts regulators launch probe into AI in securities industry

On August 3, 2023, it was reported that Massachusetts securities regulators had taken a significant step in addressing concerns about…