Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
Read More Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Meta, formerly the Facebook company, is set to pay President Donald Trump $25 million in order to settle a 2021 lawsuit over the president’s previously suspended social media accounts.
Read More Meta Will Pay $25M To Trump In Suspended Accounts Settlement
President Donald Trump announced on Tuesday his intention to get Elon Musk to speed up the return of the two NASA astronauts who have been stranded on the International Space Station for around eight months.
Read More Trump Taps Musk to Expedite Return of Astronauts ‘Abandoned In Space By The Biden Administration’
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese AI model.
Read More HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
President Donald Trump has announced that Microsoft is in talks to buy the TikTok app.
Read More Trump: Microsoft Is Considering Buying TikTok App