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The U.S. has halted a technology trade deal with the U.K., after officials in Washington became frustrated with the pace of progress, the Financial Times reported on Tuesday. Announced in September during President Donald Trump’s state visit to the U.K., the “technology prosperity deal” is a sweeping agreement aimed at encouraging collaboration between the countries […]
Signage at the Broadcom Inc. headquarters in San Jose, California, U.S., on Monday, June 2, 2025. David Paul Morris | Bloomberg | Getty Images ]]> The sell-off in artificial intelligence stocks continued unabated Friday stateside. Broadcom shares tumbled more than 11% as investors grew concerned over lower margins and uncertain deals. Names such as Nvidia, […]
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 11, 2025. Jeenah Moon | Reuters ]]> The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, […]
HP said Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, improve customer satisfaction and boost productivity. Shares of the Palo Alto, Calif.-based company fell more than 5% in extended trading. HP’s teams focused […]
A Silicon Valley startup backed by OpenAI’s Sam Altman and Coinbase’s Brian Armstrong is pursuing research that some fear could lead to the birth of a genetically engineered baby — a step that’s illegal under US law and banned in most countries, a report said. The company, Preventive, says its goal is to end hereditary […]
Those crypto boys are at it again, this time proposing a giant, 450-foot-tall statue on of San Francisco Bay’s Alcatraz Island, according to local outlet KRON4. The statue would be of Prometheus, which the promoters call “the symbol of bold transgression in service of human advancement,” according to the promotional website, who “imbued Man with […]
China’s pledge to choke off shipments of rare earth elements could wreak havoc on tech giants like Apple and Tesla as well as big US military contractors – and experts called it a major bargaining chip as Beijing haggles with President Trump over tariffs. US companies and investors alike are scrambling to assess the impact […]
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop […]
U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. Kevin Lamarque | Reuters U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural […]
Lumenalta’s most recent white paper explores the role of emotional intelligence (EQ) in tech. Based on input from more than 900 IT leaders, the study suggests a possible link between EQ-focused teams and improved project outcomes. Despite 94% of leaders calling EQ ‘mission-critical,’ many companies find it challenging to apply these impactful principles. This has […]
