In the fast-evolving realm of retail technology, few concepts have sparked as much interest as cashierless checkout systems. Grabango, a startup that emerged in 2016, positioned itself as a formidable competitor against retail giant Amazon. However, recent announcements have confirmed the company’s shutdown due to a lack of sufficient funding. This development not only highlights
Enterprise
After a protracted period of tension with Brazilian authorities, Elon Musk’s social media platform X has finally resumed operations within the South American nation. The conflict arose following a suspension ordered by Alexandre de Moraes, a minister in Brazil’s Federal Supreme Court. This suspension, which began on August 31, was the culmination of Musk’s refusal
In an unprecedented move, a U.S. judge has issued a permanent injunction that compels Google to open its Android ecosystem to greater competition. This ruling, delivered by Judge James Donato in California, marks a monumental outcome in the ongoing Epic Games antitrust lawsuit against Google, which has been in motion since 2020. This decision not
Real estate has long been known as a sector resistant to rapid change. The intricate processes involved in buying and selling properties have typically been reliant on traditional practices and established relationships. However, the advent of artificial intelligence (AI) is heralding a new era in the industry. The infusion of AI technology is not just
In a surprising move that highlights the fluid nature of political affiliations, venture capitalist Ben Horowitz recently announced his financial support for Vice President Kamala Harris’ election campaign. This decision comes less than three months after he revealed plans to contribute to political action committees that back Donald Trump’s bid for the presidency. Horowitz, co-founder
Ubisoft Entertainment, a renowned name in the video gaming industry, has found itself in turbulent waters. The French firm, famous for its iconic titles such as the “Assassin’s Creed” series, witnessed its stock surge over 30% in one day, driven by reports of a potential buyout involving Tencent and the Guillemot family, the company’s founders.
Mark Zuckerberg, the CEO of Meta, has recently made headlines by overtaking Jeff Bezos to become the world’s second richest individual, as per the Bloomberg Billionaires Index. With a net worth now standing at $206.2 billion, Zuckerberg has eclipsed Bezos’s previous figure of $205.1 billion. While he still trails behind Tesla’s Elon Musk by approximately
The recent release of Tesla’s third-quarter vehicle production and delivery figures has stirred significant reactions within financial markets and the automotive industry. While the company reported impressive numbers, the stock’s response—a decline of 3.7%—suggests that investor sentiment reflects deeper concerns beyond just the headline figures. Below, we dissect the elements of Tesla’s report, the competitive
India, long recognized as a global hub for IT services, is setting its sights on becoming a significant player in the semiconductor industry. Commerce Minister Piyush Goyal’s recent announcement regarding India’s first domestically manufactured chip by 2026-2027 has stirred a wave of optimism across the country. This ambitious move comes at a time when several
Cerebras Systems, a trailblazer in the realm of artificial intelligence (AI) hardware, has made a strategic move by filing for an initial public offering (IPO) under the ticker symbol “CBRS” on the Nasdaq. This decision marks a pivotal moment for the startup as it seeks to solidify its place in a market increasingly dominated by