In a significant move that could reshape urban mobility, Elon Musk, the CEO of Tesla, has announced the upcoming launch of robotaxi services in Austin, Texas, by the end of June. This bold initiative comes on the heels of Musk’s long-held promise to deliver vehicles capable of operating without human intervention—an ambition that he claims
Enterprise
Apple’s ongoing tussle with Epic Games over the popular game Fortnite reflects a deeper conflict over the control and revenue processes of app marketplaces. The recent order from U.S. District Judge Yvonne Gonzalez Rogers highlights a crucial juncture in this saga — Apple must either resolve the conflicts over Fortnite’s return to the iOS App
As the countdown begins to a much-anticipated dinner hosted by President Donald Trump for the largest holders of the $TRUMP cryptocurrency, the event unveils a fascinating intersection of politics and digital finance. Scheduled for May 22 at Trump’s golf club in Virginia, the dinner is set to welcome the top 220 holders of this meme-inspired
In a bold move that has raised eyebrows across the corporate governance landscape, Tesla, under the leadership of Elon Musk, has revised its bylaws to impose a 3% ownership threshold for shareholders wishing to sue the company for alleged fiduciary breaches. This change, purportedly effective from May 15, is seen as a strategic maneuver to
Mike Novogratz’s journey to take Galaxy Digital public symbolizes the tumultuous terrain of the cryptocurrency industry, a realm rife with regulatory hurdles and financial backdrops that often feel unfriendly to innovation. Spending an impressive $25 million over nearly four years to navigate the complex U.S. public listing process, Novogratz expressed deep frustrations rooted in the
Cybersecurity remains a pressing concern for businesses worldwide, and recent announcements in the sector signal a shift towards concentration and specialization among major players. One of the most significant revelations comes from Proofpoint, a cybersecurity firm based in Sunnyvale, California. On Thursday, the company disclosed its intention to acquire Hornetsecurity, a German competitor, for an
In a striking demonstration of market resilience and investor optimism, eToro, the Israel-based brokerage platform, made an impressive entrance on Nasdaq, raising nearly $310 million in its much-anticipated initial public offering (IPO). The stock opened at an eye-catching $69.69, representing a significant 34% leap from its offering price of $52, and consequently catapulted the company’s
Coinbase has emerged as a potent player within the financial ecosystem, demonstrating its capability for remarkable resilience and growth. The most recent 20% surge in its share price, attributed to its inclusion in the S&P 500, highlights a significant milestone in the company’s journey—a game changer not just for Coinbase but for the entire cryptocurrency
The tech industry, a barometer of global economic health, experienced a remarkable surge recently spurred by a breakthrough in U.S.-China trade negotiations. On a seemingly ordinary Monday, investors witnessed a bright glimmer of hope as both countries agreed to suspend most tariffs impacting each other’s goods. This unexpected compromise comes amid prolonged trade tensions that
The ongoing saga of cryptocurrency legislation in the United States serves as a poignant example of how personal conflicts of interest can derail the broader objectives of innovation and governance. President Donald Trump’s foray into the cryptocurrency arena has inadvertently transformed the legislative landscape into a battleground of ethics and integrity, thwarting critical progress towards