French accounting startup Pennylane has hit a notable milestone, doubling its valuation to an impressive 2 billion euros ($2.16 billion) after securing 75 million euros in a recent funding round. This piece of information is not merely an impressive figure; it reflects a significant trust from major venture capital players such as Sequoia Capital, alongside
Enterprise
In the fast-paced world of artificial intelligence, immediate results often overshadow thoughtful strategy. Microsoft, under the leadership of AI Chief Mustafa Suleyman, has made a provocative choice: to lag behind the cutting edge of AI development intentionally. Suleyman argues convincingly that waiting several months to develop AI models that are “three or six months behind”
In a world where political decisions ripple through economies like waves crashing on the shore, the latest tariffs enacted by President Trump pose a dire and potentially destabilizing threat. These measures impact over a hundred nations and reverberate through consumer pockets and investor portfolios alike. As former Microsoft CEO Steve Ballmer articulated in a recent
The recent comments by Altimeter Capital’s CEO, Brad Gerstner, highlight a significant shift in economic narratives. Nvidia, a titan in the semiconductor industry, has emerged as a beacon of resilience amidst threatening economic policies, particularly President Trump’s aggressive tariff measures. The overarching sentiment is that while tariffs may create turbulence in various sectors, Nvidia stands
When President Donald Trump unveiled his extensive tariff policy, few anticipated the seismic reactions it would trigger across the stock market, but the aftermath was electrifying. In a single day, nearly $2 trillion was wiped off the S&P 500, and tech-heavy indexes saw their worst performance since the COVID-19 pandemic gripped the globe in 2020.
Amazon’s recent bid to acquire TikTok from its Chinese parent company, ByteDance, signals a watershed moment in the narrative of American digital sovereignty. As discussions about national security and data privacy escalate, the buyout proposal isn’t merely a business maneuver; it’s an assertion of control over one of the fastest-growing social platforms among American consumers.
Circle, the issuer of the renowned USDC stablecoin, has ignited discussions about its impending initial public offering (IPO), filing necessary documents with the SEC to make its debut on the New York Stock Exchange. This move is not merely a financial maneuver but a bold statement of intent from a company that has faced its
The potential merger between GlobalFoundries, a prominent U.S. semiconductor manufacturer, and Taiwan’s United Microelectronics Corporation (UMC) could represent a seismic shift in the semiconductor industry, especially under the growing concerns surrounding U.S.-China relations. As tensions mount, this union may serve as a strategic bulwark, ensuring that the United States maintains its foothold in semiconductor manufacturing.
In a landscape dominated by billionaires and big tech, Elon Musk remains a figure who elicits a whirlwind of admiration and scrutiny. However, a recent ruling by a federal judge in New York marks yet another chapter in Musk’s saga of potential legal missteps. The court will allow a proposed class-action lawsuit against Musk and
In a surprising turn of events, Intel announced that three prominent members of its board of directors will not seek reelection this May. The departure of Omar Ishrak, Risa Lavizzo-Mourey, and Tsu-Jae King Liu raises eyebrows in the tech world, especially as the company grapples with significant market challenges and a staggering 49% drop in