Meta passes $1 trillion in market cap
Meta's market cap closed above $1 trillion Wednesday, hitting the trillion-dollar mark for the first time since 2021.
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Microsoft briefly crosses $3 trillion in market cap
Microsoft's market cap surpassed $3 trillion in intraday trading Wednesday
Amazon's Ring will stop allowing police to request doorbell video footage from users
Ring plans to discontinue its "Request for Assistance" tool, which allowed law enforcement to submit requests for users' footage in the Neighbors app.
Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024
ASML, a Dutch company that makes machines required in the manufacturing of the world's most advanced chips, has been caught in the U.S.-China tech battle.
SAP shares surge to all-time high after results, plans to restructure 8,000 jobs in push to AI
Shares of German software company SAP jumped Wednesday after it announced plans to restructure the jobs of 8,000 staff in a push toward artificial intelligence.
India's Zee Entertainment urges Sony to restore blockbuster merger, sues over termination
Sony earlier this week called of the transaction with Zee Entertainment, which is reported to be worth $10 billion.
Spotify to begin in-app sales on iPhone in Europe after new EU law requires Apple to allow it
Apple hasn't yet revealed how it will change its software and policies to comply with the new EU law.
SoftBank leads TravelPerk's $104 million fundraising, in a bet that AI will reshape corporate travel
Barcelona-based corporate travel startup TravelPerk said Tuesday it raised $104 million in a new equity round led by SoftBank's Vision Fund 2.
Founders of Wise and Skype raise $436 million to build tech giants in Europe
Plural, a venture firm set up by the founders of Wise, Skype and Songkick, raised 400 million euros ($436.4 million) for a new fund.
Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining
Bitcoin miner Core Scientific has completed the reorganization process and relisted its shares on the Nasdaq.
Alibaba co-founders buy more than $200 million worth of shares, sending stock up
Jack Ma and Joe Tsai have spent hundreds of millions of dollars to acquire Alibaba shares on the open market, signaling confidence in the company's prospects.
Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search
Alphabet has ended its contractual work with Appen, the artificial intelligence data firm that helped train Google's chatbot Bard and Google Search results.
Bitcoin trims its losses after breaking below $39,000 to lowest level in 7 weeks
Bitcoin extended its recent declines on Tuesday, falling below $39,000 to its lowest level since the beginning of December.
Fujitsu role in Britain's Post Office scandal could have severe reputational consequences, analysts say
Fujitsu's role in the U.K. Post Office scandal has analysts wary of what the fallout could look like for the Japanese IT giant.
India's Zee Entertainment dives 31% after Sony calls off mega merger
Shares of India's Zee Entertainment fell 31% on Tuesday after a division of Japanese tech giant Sony scrapped plans for a merger.
Tencent's Riot Games division cuts 11% of staff to 'create focus'
Riot said it's cutting headcount for Legends of Runeterra and giving up on an initiative to publish games from indie developers.
New details emerge about SEC's X account hack, including SIM swap
The SEC said on Monday that a SIM swap attack was to blame for the breach of its official account on X, formerly known as Twitter, earlier this month.
YouTube star MrBeast makes more than $263,000 in X video, but calls it ‘a bit of a facade’
MrBeast, who burst into stardom from his viral videos on YouTube, said his earnings from his first video on X topped $263,000.
Facebook made a major change after years of PR disasters, and news sites are paying the price
Meta has been de-emphasizing news across Facebook's feed, upending many publishers that had come to rely on referral traffic.
Bitcoin briefly dips below $40,000 for the first time this year
Bitcoin deepened its correction on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it.
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