Key Points:• SpaceX IPO plans include super-voting shares for Elon Musk.• Company targeting $1.75 trillion valuation, $75 billion raise.• Dual-class equity structure limits public shareholder influence.• SpaceX incurred a $4.94 billion loss in 2025 due to xAI investments. SpaceX intends...
key points Victory Giant Technology shares surged up to 60% in Hong Kong IPO. Raised HK20.1billion(20.1billion(2.57 billion), largest IPO in HK this year. Supplies printed circuit boards to Nvidia. Tech-related IPOs show strong investor interest despite market volatility. Shares in Victory Giant Technology experienced a significant surge, climbing as much as 60% on Tuesday, following the Chinese company’s blockbuster initial public offering (IPO) in Hong...
Key Points: Britain will announce a new package of measures on Tuesday to accelerate the growth of renewable power. Energy Secretary Ed Miliband declared that the era of fossil fuel security is completely over. The government plans to build new solar panels and wind turbines on public land to generate 10 gigawatts of electricity. A massive new policy will finally attempt to break the financial...
Key Points: General Motors recruited new product chief Sterling Anderson with a massive pay package totaling up to $40 million. Anderson previously served as a co-founder and chief product officer at the autonomous-trucking company Aurora. The former Tesla executive will oversee the development of new electric vehicles, gas-powered cars, and software at GM. Industry insiders already view Anderson as a strong potential successor to current...
Key Points: Tesla officially settled a wrongful death lawsuit in Florida stemming from a fatal 2018 crash involving a Model...
Key Points: Artificial intelligence company Clarifai deleted 3 million user photos originally obtained from the dating site OkCupid. The FTC...
Key Points: Tim Cook announced he will officially step down as CEO of Apple on September 1. John Ternus, the...
Key Points: The Federal Aviation Administration officially ordered an investigation into Sunday's Blue Origin New Glenn 3 rocket failure. A...
Key Points: USA Rare Earth will acquire Brazilian miner Serra Verde in a massive cash-and-stock deal valued at exactly $2.8...
Key Points: Charlie Ergen's Dish/EchoStar faced subscriber loss due to cord-cutting. Ergen amassed billions in wireless spectrum but faced FCC...
Key Points: SK Hynix officially began mass production of its new 192GB SOCAMM2 memory modules for artificial intelligence servers. Engineers...
Key Points: Sales of fully electric cars in Europe jumped nearly 30% during the first quarter of 2026. High petrol...
Key Points: Alphabet's Google is currently negotiating with Marvell Technology to develop two brand new custom computer chips. The companies...
Key Points: Tesla officially launched its new robotaxi service in both Dallas and Houston. The company posted videos showing its...
Key Points: The core area of Beijing's massive Satellite Town project will officially open in the second half of 2026....
Key Points: A US trade tribunal ruled in favor of Apple, preventing Masimo from seeking to reinstate an import ban...
Key Points: AI chipmaker Cerebras Systems officially filed paperwork for a United States initial public offering on Friday. The company...
Key Points: Meta plans to lay off roughly 10% of its global workforce, terminating close to 8,000 employees starting May...
Key Points: Chinese artificial intelligence startup DeepSeek wants to raise at least $300 million from investors. The new funding round...
Key Points: A new report reveals Apple and Google app stores host software that generates nonconsensual sexualized images of people....
Key Points: SpaceX moved up the vesting date for employee stock options to April, instead of the expected May. The...
Key Points: OpenAI introduced GPT-Rosalind, a new artificial intelligence model designed specifically for scientific research. The model helps researchers with...
Key Points: BNP Paribas economists predict the artificial intelligence boom could drive US economic growth over 10% by 2034. The...
Key Points: Russia-linked cryptocurrency exchange Grinex suspended all operations following a massive cyber attack. Hackers successfully stole digital assets worth...
Key Points: Anthropic officially released its newest artificial intelligence model, named Claude Opus 4.7, to the general public. The new...
Key Points: U.S. lawmakers scaled back a controversial bill that restricts the sale of advanced chipmaking equipment to China. The...
Key Points: Elon Musk's team is contacting chip suppliers for "Terafab." Project aims for massive-scale, cutting-edge chip production. Samsung offered...
Key Points: Elon Musk's team contacted major chip industry suppliers to build his new Terafab AI chip complex. Staff approached...
Key Points: Doug Field is leaving Ford after spending nearly five years leading the automaker's electric vehicle and technology divisions....
Key Points: Mega-cap tech stocks like Tesla and Microsoft saw massive gains during Wednesday's trading session. Broadcom shares jumped 2.78%...
Key Points: European Central Bank supervisors plan to question banks about the cybersecurity risks posed by the new Mythos AI...
Key Points: Chinese electric vehicle maker BYD refuses to join a price war in the South African auto market. The...
Key Points: Artificial intelligence startup Anthropic received several funding offers that could value the company at $800 billion. The startup...
Key Points: Chinese technology firm Huaqin launched a share sale in Hong Kong to raise roughly $580.85 million. The company...
Key Points: Portuguese company Aptoide filed a new antitrust lawsuit against Google in a federal court in San Francisco. The...
Key Points: OpenAI launched GPT-5.4-Cyber to help organizations spot and fix software security vulnerabilities. The company will roll out the...
