Tech

DeepSeek puts Silicon Valley’s ‘scale law’ in doubt

Posted by January 31, 2025

Last week, the emergence of a previously unknown Chinese AI start-up undermined the assumptions of the US artificial intelligence (AI) community and sent shock

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Stock market today: Nasdaq clobbered, S&P 500 tumbles as AI…

Posted by January 27, 2025

The Nasdaq sank on Monday to lead a stock sell-off on Wall Street as a Chinese startup rattled faith in US leadership and profitability in AI, taking a hamm

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Surging tech stocks helped ten richest American billionaires earn $796…

Posted by December 21, 2024

The ten wealthiest billionaires in the United States earned $796 billion in 2024, as the surging value of tech stocks this year helped them earn as much as th

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Hong Kong and Japan shares rally after U.S. jobs report

Posted by October 7, 2024

Shares in Asia jumped Monday, building on U.S. gains after Friday’s blockbuster jobs report fueled investor optimism. Oil prices paused their sharp rise as in

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Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time…

Posted by July 17, 2024

US technology and semiconductor chipmaking stocks fell from their all-time high levels after concerns over tougher restrictions on global chip sales to China sp

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North Koreans stole Americans’ identities and took remote-work tech jobs…

Posted by May 16, 2024

The Justice Department on Thursday announced the arrests of three people in a complex stolen identity scheme that officials say generates enormous proceeds for

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