Apple’s CEO Tim Cook recently confirmed the launch of the Vision Pro headset in China during an interview with Chinese state media. This announcement comes after the successful launch of the virtual and augmented reality headset in the U.S. earlier this year. Cook’s statement raises questions about Apple’s strategy in the Chinese market and how
Enterprise
Match Group, the operator of popular dating apps Tinder and Hinge, has recently made significant changes to its board of directors. Two new members, Laura Jones from Instacart and Spencer Rascoff from Zillow, have joined the company’s leadership team. This move comes amidst reports of activist investor Elliott Management taking a stake in Match Group,
Recently, China has implemented new guidelines that aim to phase out U.S. processors in government computers and servers. This move effectively blocks chips from major U.S. companies such as Intel and AMD. The guidelines, which were unveiled on December 26 and are now being enforced, also impact Microsoft’s Windows operating system and foreign-made database software.
After a prolonged period of drought in the tech IPO market, Wall Street’s tech IPO bankers finally had a reason to celebrate this week with the market debuts of Reddit and Astera Labs. The last significant IPOs of notable venture-backed tech companies in the U.S. were Instacart and Klaviyo in September, marking a dry spell
Anthropic, the rising artificial intelligence startup, has garnered significant interest from high-net-worth investors, including sovereign wealth funds. However, the company has taken a firm stance against accepting investments from Saudi Arabia due to national security concerns. While exploring new backers to acquire the stake previously held by FTX, Anthropic’s executives have made it clear that
The Justice Department’s top antitrust official recently made a statement urging Apple shareholders to push the company to compete on the merits. This call to action comes just a day after the government filed a lawsuit against the tech giant, accusing it of engaging in anticompetitive practices. Jonathan Kanter, assistant attorney general for antitrust, emphasized
The recent announcement from the U.K.’s Competition and Markets Authority regarding Vodafone’s proposed merger with rival CK Hutchison has stirred up quite a bit of controversy in the telecommunications industry. The regulatory body has expressed concerns about the potential impact of this merger on competition, consumer prices, and the overall environment for mobile virtual network
Elon Musk’s pioneering startup, Neuralink, made history by live-streaming a video showcasing a patient using the company’s brain implant to manipulate a computer mouse and play chess. This groundbreaking technology aims to assist individuals with severe paralysis in controlling external devices solely through neural signals. The first human recipient of Neuralink’s device, Noland Arbaugh, provided
The recent announcement from the White House regarding Intel being awarded up to $8.5 billion in CHIPS Act funding signifies a major move by the Biden administration to bolster semiconductor manufacturing within the United States. In addition to this initial funding, Intel has the potential to secure an additional $11 billion in loans from the
Ledger, a prominent crypto wallet maker, is gearing up to release its highly anticipated hardware wallet known as Ledger Stax in May. This innovative product was designed by Tony Fadell, the mastermind behind the creation of the iPod. The Ledger Stax was first introduced in 2022, following a significant drop in crypto prices triggered by