The U.S. Consumer Financial Protection Bureau has taken steps to put Alphabet’s Google under formal federal supervision.
Read More US regulator looks to put Google under federal supervision, Washington Post says
Tag: tech
US Supreme Court hears Nvidia bid to avoid securities fraud suit
The Supreme Court began hearing arguments in Nvidia’s bid to torpedo a securities fraud lawsuit accusing the AI chipmaker of misleading investors about how much of its sales depended on the volatile cryptocurrency market.
Read More US Supreme Court hears Nvidia bid to avoid securities fraud suit
Record-breaking bitcoin surges towards $90,000 on Trump boost
Bitcoin rallied to the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president.
Read More Record-breaking bitcoin surges towards $90,000 on Trump boost
Nvidia surpasses $3.6 trillion market value after Trump win
Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion.
Read More Nvidia surpasses $3.6 trillion market value after Trump win
Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car, saying it would be “pointless” unless the car was fully autonomous.
Read More Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
The U.S. Supreme Court is set to consider bids by two tech giants to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies to account.
Read More Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits