Luminar Faces Financial Crisis, Plans 25% Layoff as Cash Reserves Dwindle
Philips Babatunde Lidar technology maker Luminar has warned shareholders that it may exhaust its cash reserves by early 2026, prompting…
Read MoreBending Spoons’ Founders Join Billionaire Ranks as Milan Tech Giant Expands Global Footprint
The four cofounders of Bending Spoons, one of Europe’s fastest-growing technology conglomerates, have joined the ranks of billionaires…
Read MoreBluesky to Introduce ‘Dislike’ Button as User Base Surges to 40 Million
Social network Bluesky has announced plans to roll out a “dislike” feature aimed at enhancing user personalization, following…
Read MoreSamsung, Nvidia, Hyundai, SK and Naver Forge AI Mega Alliances to Power Next Industrial Revolution
Samsung Electronics has announced plans to build an advanced AI mega-factory in partnership with Nvidia, integrating artificial intelligence…
Read MoreAmazon Shares Soar as Cloud Growth and AI Demand Spark Investor Confidence
Amazon shares jumped more than 11 percent in early trading on Friday after the company posted strong third-quarter…
Read MoreWaymo Condemns Robotaxi Vandalism, Vows to Work With Law Enforcement Amid Rising Attacks
Waymo, the leading robotaxi operator in the United States, has denounced the increasing acts of vandalism targeting its…
Read MoreZebra Technologies Lifts Outlook as Demand for Automation Devices Strengthens
Zebra Technologies has projected stronger-than-expected profit and revenue growth for the fourth quarter, signaling steady demand for its…
Read MoreSaudi AI Firm Humain Targets Dual Listing on Saudi and NASDAQ Exchanges by 2029
Saudi Arabia’s artificial intelligence company, Humain, plans to go public on both the Saudi and NASDAQ stock exchanges…
Read MoreAustrian Privacy Group Files Criminal Complaint Against Clearview AI Over GDPR Breach
Austrian privacy rights organization noyb has filed a criminal complaint against U.S.-based Clearview AI, accusing the facial-recognition company…
Read MoreSoFi Lifts 2025 Profit Outlook After Record Q3 Fueled by Fee-Based Growth
SoFi Technologies has raised its full-year 2025 profit forecast after delivering record third-quarter results, powered by a sharp…
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