Cybersecurity firm CrowdStrike experienced a significant drop in its shares after an update resulted in a major outage that impacted businesses globally. The company specializes in software designed to assist firms in managing their security in IT environments. The shares plummeted by 15% in U.S. premarket trading following the incident. CrowdStrike CEO George Kurtz addressed
Enterprise
Former President Donald Trump has recently announced his participation in a campaign fundraiser in Nashville, coinciding with the Bitcoin Conference. The event is set to take place on July 27, with the top ticket priced at a staggering $844,600 per person. This exclusive event will offer attendees a chance to engage with Trump in a
Recent reports of the U.S. considering tighter export restrictions have led to a tech selloff on Wall Street, causing a ripple effect in the Asian market. Chip stocks in Asia, particularly Taiwan Semiconductor Manufacturing Company (TSMC), saw a significant decline in share prices. The world’s largest chip supplier fell by as much as 4.3% in
Former U.S. President Donald Trump recently made waves with his comments on Taiwan, suggesting that the country should pay the U.S. for defense. In an interview with Bloomberg Businessweek, Trump stated that Taiwan “doesn’t give us anything” and likened the relationship to that of an insurance company. Implications for Taiwan’s Defense Trump’s assertion that Taiwan
ASML, a Dutch semiconductor company, recently reported second-quarter earnings and sales that exceeded expectations. With a focus on artificial intelligence chips, the demand for ASML’s semiconductor manufacturing equipment has been on the rise. Net sales for the quarter were recorded at 6.24 billion euros, surpassing the expected 6.03 billion euros. Similarly, net profit came in
In a recent turn of events, Craig Wright, the Australian man who famously claimed to be the inventor of bitcoin, has found himself in hot water. After a High Court ruling in London, Wright has been referred to British prosecutors for allegedly committing perjury. This has cast doubt on his long-standing claim to be the
Apple recently unveiled a preview version of its upcoming iPhone update, iOS 18. This release is a public beta version set to coincide with the launch of the new iPhones in the fall. The purpose of this preview is to allow both Apple enthusiasts and developers to test out the latest features and to identify
The recent surge in the prices of Coinbase, MicroStrategy, and Riot Platforms can be directly attributed to the rise in Bitcoin’s value. As investors witnessed Bitcoin reaching a two-week high, they quickly piled into crypto companies, hoping to capitalize on the upward trend. The price of Bitcoin has been on the rise following the attempted
Artificial Intelligence (AI) has been making waves not only in the tech sector but also in the food industry. This innovative technology is being increasingly utilized in various aspects of the food industry, from self-checkout kiosks to AI-driven ordering systems in drive-thru lanes. As consumers navigate through rising food prices and changing spending habits, the
Elon Musk’s public endorsement of Donald Trump immediately after a potentially life-threatening incident raises eyebrows. The timing of Musk’s endorsement, coming right after Trump was rushed off stage due to gunshots at a rally, seems calculated and somewhat insensitive. While it is one thing to express support for a political figure, doing so right after