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23Dec

Larry Ellison personally backs $40.4B Skydance bid to block Netflix from Warner Bros deal

Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to…

23Dec

Nvidia to Start H200 Chip Shipments to China by Mid-February

Nvidia has told Chinese clients it aims to start shipping its second-most powerful AI chips to China before the Lunar New Year holiday in mid-February, three people familiar with the…

22Dec

DeepSeek-R1: When a low-cost AI shocked the global tech world

In January 2025, a little-known Chinese startup released an AI model that changed the conversation around artificial intelligence overnight. The model, called DeepSeek-R1, cost only about $294,000 to train. Within…

22Dec

Cerebras Systems readies U.S. IPO filing, eyes Q2 2026 listing

AI chip maker Cerebras Systems is preparing to file for a U.S. initial public offering as soon as next week, targeting a second-quarter 2026 listing, people familiar with the matter…

22Dec

Dina Powell McCormick exits Meta board just eight months after joining

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining, the company said on Friday. Powell McCormick, who served as deputy national…

22Dec

FDA fast-tracks approval of six Altria-owned on! PLUS nicotine pouches

The U.S. Food and Drug Administration said on Friday it has authorized the marketing of six Altria-owned on! PLUS nicotine pouch products, through a pilot program aimed to fast-track reviews…

22Dec

Oscars to Stream on YouTube Starting 2029 Under New Multiyear Deal

The 101st Academy Awards will be hosted on YouTube. The Academy of Motion Picture Arts and Sciences announced Wednesday it has signed a multiyear deal with Google-owned service to stream…

22Dec

Seatrium settles with Maersk to deliver New York offshore wind vessel

Singapore-based shipbuilder Seatrium said on Monday it has reached a settlement with Denmark's Maersk to deliver an offshore wind vessel that was intended to work on a project off the…

22Dec

Waymo Resumes Driverless Rides in San Francisco After Blackout Pause

Alphabet-owned Waymo has resumed its driverless ride-hail service in the San Francisco Bay Area after a temporary pause during blackouts that plagued the city beginning on Saturday afternoon. “Yesterday’s power…

22Dec

China power market revamp fuels global energy storage boom

A revamp of China's electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that already dominate…

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