The Abu Dhabi Investment Council dramatically increased its Bitcoin holdings during Q3 2024, boosting its position in BlackRock’s iShares Bitcoin Trust ETF from 2.4 million to nearly 8 million shares. This $518 million bet came just before cryptocurrency markets entered a brutal selloff. Now the que
Dublin edtech company LearnUpon has acquired Berlin-based AI course creator Courseau. The deal aims to help businesses generate training content up to 50 times faster than traditional methods, with full integration planned for 2026.
Saudi Arabia’s Savvy Games Group is aggressively expanding into global gaming markets, with China’s massive player base and cultural influence becoming a key focus. The company recently spent $4.9 billion acquiring Scopely and is now targeting PC console and Chinese mobile gaming opportunities. Hono
The Boulder-based company sold 9.1 million shares at $8 each, below its marketed range. Gloo connects churches with technology solutions and recently hired former Intel CEO Pat Gelsinger.
Stocks are facing their biggest pullback in months as investors question the AI trade and Fed rate cut expectations. All eyes are on Nvidia’s earnings and upcoming jobs data that could determine whether this is a healthy correction or something more serious.
Congressional Republicans are moving forward with legislation that would force cities to approve broadband permits faster. Local government groups call it an “unprecedented federal intrusion” while cable companies celebrate the changes.
Nvidia’s stock has fallen more than 10% this month, officially entering correction territory and dragging the broader market down with it. The AI chipmaker’s immense influence means its struggles ripple across Wall Street, with 45% of fund managers now identifying an AI bubble as the market’s bigges
Major chip stocks including AMD, Intel, and Nvidia are experiencing significant declines ahead of Nvidia’s highly anticipated earnings report tomorrow. The sell-off reflects investor anxiety about whether AI chip demand can meet sky-high expectations.
Samsung Electronics will invest 450 trillion won ($310 billion) over five years in domestic operations, including new semiconductor production lines. The announcement comes days after South Korea finalized a trade deal with the United States that includes $350 billion in U.S. investments. Hyundai an
Microsoft just unveiled Agent 365, a tool designed to help businesses manage their expanding collection of AI agents. The platform treats bots like employees with tracking, permissions, and performance monitoring. It’s rolling out today in Microsoft’s early access program.
