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13Dec

Wealthfront debuts flat on Nasdaq, valued at $2.63 billion

Wealthfront's shares opened flat in their Nasdaq debut on Friday, valuing the automated digital wealth management company at $2.63 billion on a fully diluted basis, as investors remained selective in…

13Dec

US Lawmaker Seeks Clarity on Trump Move Allowing Nvidia H200 Chip Sales to China

U.S. lawmaker John Moolenaar, the chair of the U.S. House of Representatives' bipartisan select committee focused on China, on Friday asked Commerce Secretary Howard Lutnick to explain the details of…

13Dec

SpaceX eyes IPO, secondary sale values company at $800 billion

SpaceX is preparing to go public next year and has opened a secondary share sale that would value the company at $800 billion, according to a letter to shareholders sent…

12Dec

DeepMind to Launch First Automated AI Research Lab in the UK

Google DeepMind, the tech giant’s AI unit, unveiled plans for its first “automated research lab” in the U.K. as it signs a partnership that could lead to the company deploying…

12Dec

OpenAI Drops GPT-5.2 After Altman’s Code Red Over Google Gemini 3

OpenAI on Thursday launched its GPT-5.2 artificial intelligence model, after CEO Sam Altman reportedly issued an internal "code red" in early December, pausing non‑core projects and redirecting teams to accelerate…

12Dec

Oracle sinks 11% after revenue misses estimates despite AI demand

Oracle shares plummeted about 11% Thursday, after the firm reported disappointing results. The cloud computing and database software maker reported lower-than-expected quarterly revenue on Wednesday, despite booming demand for its…

12Dec

2025 Welcomes 287 New Billionaires, Redrawing the Wealth Map

2025 felt like a wealth party nobody warned us about. This year added 287 new billionaires to the global roster, pushing the total to a record high and making headlines…

12Dec

Westpac Director Peter Nash Re-elected Despite Investor Backlash

Westpac non-executive director Peter Nash was reelected to the bank's board on Thursday, surviving a sizeable investor backlash over his ties to the troubled Australian Securities Exchange. About 40% of…

12Dec

Apple Wins Partial Appeal on App Store Order, Still Faces Key Injunction

Apple persuaded a U.S. appeals court on Thursday to reverse parts of a court order requiring the iPhone maker to make changes to its lucrative App Store to promote greater…

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