Bankruptcy administrators allege that Market Financial Solutions owner Paresh Raja transferred more than half a billion…
Day: May 12, 2026
Stock Market Today: Nasdaq Pares Losses as Investors Digest Inflation Jump
Bond yields hit highest level in a year; Intel, Qualcomm drop sharply
Tech, Media & Telecom Roundup: Market Talk
Find insight on OpenAI, Dell, YG Entertainment and more in the latest Market Talks covering Technology,…
China’s Kuaishou Plans Spinoff of AI Unit That Could Be Valued at $20 Billion
The Chinese short-video company is in talks with prospective investors—including Tencent, a major shareholder of Kuaishou—to…
SAP Launches Unified AI, Automation Suite
SAP said it was rolling out a new software suite bringing its data, cloud, artificial intelligence…
Elon Musk’s Grok Is Losing Ground in AI Race
Adoption by business and consumer users has slowed as parent SpaceX rents out spare computing capacity…
Data Centers in Space: A Pipe Dream, or AI’s Next Big Thing?
A big part of the challenge is producing and launching scores of the devices without breaking…
Nvidia Is Buying the Chip Supply Chain
Plus, OpenAI’s employee payouts and tech’s growing unemployment.
SpaceX and Google Are in Talks to Launch Data Centers in Orbit
A deal between the two tech titans would give a boost to SpaceX’s business ahead of…
Sam Altman’s Business Dealings Under GOP Scrutiny Ahead of OpenAI’s IPO
The Republican-led House Oversight Committee says it is investigating, and seven GOP state attorneys general are…