Enterprise

Tesla Inc. has witnessed a significant decline in its stock value recently, with shares plummeting nearly 6% just a day before the much-anticipated first-quarter earnings report. Closing at $227.50, the stock now hovers precariously above its year-low, representing a staggering 44% decrease since the beginning of the year. This downturn raises critical questions about the
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In the chaotic landscape of 2020, when physical gatherings were sidelined due to the Covid-19 pandemic, two visionary entrepreneurs, Shreya Murthy and Joy Tao, embarked on an audacious journey. They co-founded Partiful with a mission that, ironically, seemed counterintuitive at the time: “bringing people together in person.” At a moment when social distancing was the
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Nestled away in the picturesque landscape of Santa Barbara, California, a team of scientists from Alphabet Inc. is quietly but ambitiously engaging in the frontier of technology—quantum computing. Unlike traditional computing, which leverages binary bits, quantum computing employs qubits that can exist in multiple states simultaneously. This unique capability opens a portal to unprecedented computational
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ASML, the leading Dutch semiconductor equipment manufacturer, has recently released figures that indicate a concerning trend for the company and the broader semiconductor sector. For the first quarter of 2025, ASML reported net bookings of €3.94 billion, falling short of the anticipated €4.89 billion, as described in a Reuters forecast. This dip raises alarms about
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In a move that carries significant weight for both the technology sector and national security, the U.S. Commerce Department has initiated a national security investigation into semiconductor technology imports. Announced via a recent Federal Register notice, this inquiry is a reaction to growing concerns about the nation’s reliance on foreign semiconductor sources. Given the pivotal
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Apple Inc. has demonstrated remarkable resilience as its shares surged over 2% on a recent Monday, lifting its market capitalisation beyond the coveted $3 trillion threshold once again. This upward momentum offers a glimpse of optimism to investors who have been understandably anxious about the company’s susceptibility to the tumultuous tariff landscape orchestrated by the
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In a surprising yet strategic maneuver, Meta has recently expanded its board of directors by incorporating two high-profile figures, signaling a potentially transformative shift in the company’s governance and direction. Among the new additions is Dina Powell McCormick, a prominent figure from the Trump administration, who served as deputy national security advisor during a crucial
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In a disappointing turn of events, Amazon’s ambitious plan to launch its Kuiper internet satellites was thwarted by adverse weather conditions. Scheduled to lift off from Cape Canaveral, Florida, the United Launch Alliance (ULA) rocket, tasked with carrying 27 Kuiper satellites, was forced to abort its countdown operations. Stubborn cumulus clouds and high winds made
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In a noteworthy maneuver aimed at revitalizing its artificial intelligence landscape, the European Union (EU) has unveiled its “AI Continent Action Plan.” This initiative is not merely a bureaucratic response to mounting pressure from technology firms but rather a significant step towards establishing Europe as a formidable competitor against the U.S. and China in the
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