The once-infamous brand associated with music piracy has transitioned into a subscription-based music service and has now been acquired by Infinite Reality for $207 million. The tech startup […]
23andMe Files for Bankruptcy: Implications for DNA Data Privacy
The genetic testing company 23andMe has filed for Chapter 11 bankruptcy protection, raising concerns among users about the future of their genetic data. The company reassures that this […]
Alibaba’s Joe Tsai Warns of ‘Bubble’ in AI Data Center Buildout
Alibaba Group Holding Ltd. Chairman Joe Tsai has cautioned about a possible bubble forming in the construction of data centers. He argues that the speed of this expansion […]
Napster Sold for $207 Million, Sparking Nostalgia and Confusion Among Millennials
“Napster? Is it 1999?” The sale of Napster for $207 million by the 3D tech company Infinite Reality has sparked disbelief and nostalgia among millennials. Founded in 1999 […]
Napster Finds New Owners in $200M Acquisition
Napster, once infamous for music piracy and now a subscription streaming platform, has been acquired by Infinite Reality for $207 million. The tech company plans to transform Napster […]
Investor Buys PubMatic Amid Nasdaq Correction
Despite the Nasdaq Composite entering correction territory with an 11.3% decline between February 19 and March 21, one investor has chosen to purchase shares in PubMatic, a high-growth, […]
BYD Surpasses Tesla in Annual Revenue and Expands Global EV Market Share
BYD, Tesla’s main rival, has reported $107 billion in revenue for 2024, surpassing Tesla’s annual revenue by about $10 billion. This marks the first time BYD has crossed […]
Samsung co-CEO Han Jong-Hee passes away at 63
Samsung Electronics co-CEO Han Jong-Hee passed away at the age of 63 due to cardiac arrest. Han had been overseeing Samsung’s consumer electronics and mobile devices businesses since […]
23andMe Seeks to Protect Customer Genetic Data Amid Bankruptcy
Many 23andMe customers joined the genetic testing service to discover intriguing details about their ancestry. However, consumer advocates are now advising users to request the deletion of their […]
Tesla’s Market Share Declines in Europe Amid Rising Competition
As competition intensifies and a slowdown in European economies affects total car sales, Tesla’s battery-electric (BEV) brand has experienced a 42.6% drop in car sales in Europe this […]