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Technology stocks plummeted Thursday and the Nasdaq Composite Index dropped 4% on the heels of its record-setting session. The index is headed for its best week since September. CNBC reported. Markets reversed course, giving up some gains from a monster rally after President Trump announced a 90-day pause on some tariffs and dropped the tariff on most countries to 10%
On Wednesday, Donald Trump, once again, took to Truth Social to abruptly shift US trade policy, announcing a 90-day pause “substantially” lowering reciprocal tariffs against all countries except China to 10 percent, ArsTechnica reported. Because China retaliated - raising tariffs on US imports to 84% on Wednesday Trump increased tariffs on China imports to 125 percent “effective immediately.” That will
TechCrunch has a new owner, again. Yahoo has sold the tech news site to the private equity firm Regent for an undisclosed sum, according to an announcement on Friday, The Verge reported. Regent is the same company that snapped up Foundry, the firm behind outlets like PCWorld, MacWorld, and TechAdvisor on Thursday. Founded in 2005, TechCrunch has experienced many shakeups
It’s gloves off in one of the more tense rivalries in the world of Startups. HR company Rippling Monday morning announced a lawsuit against Deel, another big player in the same space. The dramatic 50-page complaint alleges racketeering, misappropriation of trade secrets, tortious interference, unfair competition, and adding and abetting a breach of fiduciary duty. The lawsuit is largely centered
Elon Musk claims AI companies have exhausted available human knowledge for training models, pushing reliance on synthetic data. While firms like Meta, Google, and OpenAI already use AI-generated data for fine-tuning, challenges such as hallucinations and diminishing returns arise. Experts warn overusing synthetic data risks "model collapse," while copyright disputes over data usage intensify. Subscribe to the Newsletter. Join the
The Federal Trade Commission is taking action against Gravy Analytics Inc.and its subsidiary Venntel Inc. for unlawfully tracking and selling sensitive location data from users, including selling data about consumers’ visits to health-related locations and places of worship. Under a proposed order, settling the FTC’s allegations, Gravy Analytics and Venntel will be prohibited from selling, disclosing, or using sensitive data
Apple doesn’t need its own TV set. But it should make a low-cost TV streaming stick to bring its content, apps and smart home features to more households, Bloomberg reported. Well over a decade ago, after bringing the iPad to the market and starting the search for a new product category, Apple Inc. explored developing a TV-like device. The idea