August 2024 – Page 9 – Stay Updated Finance News

U.S. Threatens Penalties Against European Tech Firms Amid Regulatory Fight December 17, 2025
The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits.
In A.I. Boom, Venture Capital Firms Are Raising Loads More Money December 16, 2025
Lightspeed Venture Partners, a Silicon Valley venture firm, has amassed more than $9 billion to invest in artificial intelligence. That is its biggest haul.
Senators Investigate Role of A.I. Data Centers in Rising Electricity Costs December 16, 2025
Three Democrats are seeking information from tech firms about the growing energy use of data centers and the utility bills of individuals and other businesses.
Can OpenAI Respond After Google Closes the A.I. Technology Gap? December 16, 2025
A new technology release from OpenAI is supposed to top what Google recently produced. It also shows OpenAI is engaged in a new and more difficult competition.
Elon Musk Tests Europe’s Willingness to Enforce Its Online Laws December 16, 2025
Backed by White House officials, the tech billionaire has lashed out at the European Union after his social media platform X was fined last week.
Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans December 15, 2025
Ford Motor said the costs came from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
How Tech’s Biggest Companies Are Offloading the Risks of the A.I. Boom December 15, 2025
The data centers used for work on artificial intelligence can cost tens of billions to build. Tech giants are finding ways to avoid being on the hook for some of those costs.
Trump Administration Begins Program to Increase Government’s Tech Worker Ranks December 15, 2025
The U.S. Tech Force is aiming to hire about 1,000 top-level technical employees and supervisors to join federal agencies and work on projects related to artificial intelligence and modernization.
Roomba Maker iRobot Files for Bankruptcy, With Chinese Supplier Taking Control December 15, 2025
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor.
Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public December 14, 2025
A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.
Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy December 12, 2025
Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped December 12, 2025
“I’m told that Australian teens, in preparation for this ban, have been exchanging phone numbers with each other.”
China Is Getting Much of What It Wants From the U.S., Including Chips December 12, 2025
For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains.
Trump Moves to Stop States From Regulating AI With a New Executive Order December 12, 2025
The order would create one federal regulatory framework for artificial intelligence, President Trump told reporters in the Oval Office.
Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years December 11, 2025
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Ford’s Car of the Future, Hatched in a Skunk Works Near Los Angeles December 11, 2025
Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late?
After Australia, Which Countries Could Be Next to Ban Social Media for Children December 11, 2025
Governments are studying the decision to prohibit youths from using platforms like Facebook and TikTok as worries grow about the potential harm they cause.
How Clair Obscur: Expedition 33 Became a Gaming Tour de Force December 11, 2025
Without a blockbuster budget or much experience, the creators of Clair Obscur: Expedition 33 astounded the industry with an emotional narrative and old-school design.
Trump’s Interest in Warner Bros. Deal Weighs On Justice Department December 10, 2025
President Trump’s unusual decision to involve himself in the government’s review of the deal puts pressure on his antitrust chief.
Meta’s New A.I. Superstars Are Chafing Against the Rest of the Company December 10, 2025
An us-versus-them mentality has emerged between Meta’s top artificial intelligence team and longtime lieutenants to Mark Zuckerberg.

Month: August 2024

Pavel Durov: The Imperfect Free Speech Hero

Not very demure: TikTok creator faces a legal battle over her own catchphrase

Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools

Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor’s Successful BTC Strategy

Trump Releases Fourth Drop of His NFT Trading Cards

Nasdaq Looks to Offer Bitcoin Options, Following Rival NYSE’s Plans

Starmer hints at tax rises as he warns of ‘painful’ budget

New Zealand to Put OECD Crypto Tax Framework in Place by April 2026

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