Business

Telecommunications towers with lattice steel construction standing against blue sky in Senaki, Georgia.

SpaceX Buys EchoStar Spectrum for $17B to ‘End Mobile Dead Zones’ with Starlink Direct-to-Cell Service

Sunita Somvanshi

SpaceX has agreed to purchase wireless spectrum licenses from EchoStar for $17 billion, a move that will boost Starlink’s direct-to-cell ...

Close-up of a Broadcom BCM2837 system-on-chip processor mounted on a green Raspberry Pi 3 circuit board.

Broadcom Stock Surges 11% On $10B AI Chip Order As Analyst Projects ‘$40B In AI Revenue’ For Next Year

GigaNectar Team

Broadcom’s stock jumped 11% Friday after the chipmaker announced a $10 billion order from a new customer for its custom ...

Person taking a photo of Salesforce headquarters building in San Francisco with the blue cloud logo prominently displayed on the facade alongside colorful murals stating "Eagle is a Trailblazer" and "South Beach is a Trailblazer"

Salesforce Cuts 4,000 Jobs as AI Handles Half of Customer Queries

Sunita Somvanshi

Salesforce CEO Marc Benioff announced the company has cut 4,000 customer support jobs, nearly halving the department from 9,000 to ...

Elon Musk in business suit holding phone during 2019 visit to military aerospace command headquarters in Colorado Springs

Musk Lawsuit Exposes Apple’s 65% Market Control Blocking AI Competition with OpenAI Deal

Sunita Somvanshi

Elon Musk’s companies have launched a major legal battle against two tech giants, claiming they’ve teamed up to crush competition ...

Intel headquarters building exterior showing blue Intel logo sign in front of modern glass office building with white architectural elements in Santa Clara California

Intel’s $18.8B Loss Becomes $10B Government Stake After CEO White House Visit

Sunita Somvanshi

The U.S. government will buy a 9.9% stake in Intel, marking an unusual move as the Biden-era CHIPS Act funding ...

Apple TV+ logo displayed on a smartphone screen with U.S. dollar bills placed underneath on a wooden surface.

Apple TV+ Price Surges to $12.99 Monthly, Annual Plan Saves $57

Sunita Somvanshi

Apple has increased the monthly subscription cost for its streaming service Apple TV+ to $12.99 in the United States, marking ...

White PlayStation 5 DualSense controller resting against PS5 console on wooden shelf with plant in background

PS5 Prices Jump $50 as Sony Cites ‘Challenging Economic Environment’

Sunita Somvanshi

Sony announced a $50 price increase for all PlayStation 5 console models sold in the United States, effective August 21, ...

Eric Vaughan speaks on stage at The AI Conference; screen shows session details and his title; adjacent tweet highlights MyPersonas launch and delivery timeline

CEO Defends Replacing 80% of Staff Over AI Resistance: ‘Changing Minds Harder Than Adding Skills’

Sunita Somvanshi

Eric Vaughan, CEO of enterprise software company IgniteTech, stands firm on his controversial decision to replace nearly 80% of his ...

Mark Zuckerberg speaking at Facebook's F8 Developer Conference in 2019, wearing a blue sweater against a teal background.

Meta’s $300M AI Talent Hunt: Zuckerberg’s $118B Gamble to Fix ‘Llama 4 Disaster’ Amid 64% Retention Crisis

Sunita Somvanshi

Mark Zuckerberg is on a spending spree to fix a major problem: Meta lost many of its top artificial intelligence ...

Google Chrome logo displayed on a smartphone screen, icon centered and clearly visible.

Perplexity AI Bids $34.5B for Chrome – Nearly Double Its $18B Valuation as Google Faces Antitrust Heat

Sunita Somvanshi

AI startup Perplexity makes stunning 34.5 billion dollar bid for Google Chrome browser. The three-year-old company wants to buy the ...