Apple approaches $4 trillion valuation as investors bet on AI momentum
December 23, 2024 – 5:42 AM PST REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Apple (AAPL.O) is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. Advertisement The company has pulled ahead of Nvidia (NVDA.O) and Microsoft (MSFT.O) in the […]
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
December 20, 2024 – 3:13 AM PST A Tesla Cybertruck is pictured parked in the Manhattan borough of New York City, U.S. June 23, 2024. REUTERS/Agustin Marcarian/File Photo (Reuters) – Tesla (TSLA.O) said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS). Advertisement […]
Losses from crypto hacks jump to $2.2 bln in 2024, report says
December 19, 2024 – 7:41 AM PST REUTERS/Jose Cabezas/File Photo (Reuters) – Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. Advertisement The hacking amount exceeded $1 billion for the fourth straight year and the number of […]
US EPA approves California plan to ban gas-only cars starting in 2035
December 18, 2024 – 7:47 AM PST People charge their electric cars at a Tesla super charging station next to an EVgo electric charging location in Carlsbad, California, U.S., March 7, 2022. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – The U.S. Environmental Protection Agency said on Wednesday it has approved California’s landmark plan to end the […]
Bitcoin tops $106,000, hopes grow for strategic reserve
December 16, 2024 – 9:01 AM PST REUTERS/Dado Ruvic (Reuters) – Bitcoin hit a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Advertisement Bitcoin , the world’s biggest and best known […]
SEC ‘reopens’ probe into Neuralink, Musk’s lawyer says
December 13, 2024 – 6:48 AM PST REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk’s brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X. Advertisement The Dec. 12 letter from Musk’s lawyer Alex Spiro […]
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
December 12, 2024 – 6:36 AM PST Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. REUTERS/Benoit Tessier/File photo (Reuters) – Tesla (TSLA.O) CEO Elon Musk’s net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, […]
Apple adds ChatGPT to iPhone in latest iOS update
December 11, 2024 – 5:04 AM PST Attendees test the iPhone 16 Pro as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. REUTERS/Manuel Orbegozo/File Photo Apple (AAPL.O) on Wednesday started integrating OpenAI’s ChatGPT into its devices, delivering on a long-awaited feature that investors hope […]
US Supreme Court tosses case involving securities fraud suit against Nvidia
December 11, 2024 – 7:39 AM PST REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON (Reuters) – The U.S. Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia (NVDA.O) of misleading investors about how much of its sales depended on the volatile cryptocurrency market. […]
Google parent Alphabet jumps on quantum chip breakthrough
December 10, 2024 – 8:31 AM PST REUTERS/Dado Ruvic/Illustration (Reuters) – Shares of Google parent Alphabet (GOOGL.O) rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing. Advertisement Google on Monday introduced a new chip called Willow, which solved in five […]