Nasdaq surges above 20,000 for first time

Nasdaq surges above 20,000 for first time

File photo: The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City. The Nasdaq Composite Index achieved a historic milestone on Wednesday, reaching 20,000 for the first time, driven by enthusiasm surrounding artificial intelligence and anticipated interest rate reductions that propelled technology stocks to remarkable heights. The technology-focused…

Read More
I Make Apple Music Better With These 7 Third-Party Apps

Apple Ordered to Lift In-App Purchase Restrictions in Brazil

Yet another antitrust regulator has taken issue with Apple’s in-app payment system. As Reuters reported Monday (Nov. 25), Brazil’s Cade says Apple must do away with restrictions on payment methods for in-app purchases. The regulator will also proceed with an investigation into a complaint brought two years ago by Latin American eCommerce giant MercadoLibre, accusing Apple of imposing restrictions on the distribution of digital…

Read More
US-sanctioned Moore Threads, China’s AI chip unicorn, moves closer to possible IPO

US-sanctioned Moore Threads, China’s AI chip unicorn, moves closer to possible IPO

A Chinese artificial intelligence (AI) chip designer, founded by a veteran of Nvidia’s mainland operations, has become a joint-stock company that paves the way for its initial public offering (IPO), even as the US continues to tighten tech restrictions. The capital base of Moore Threads Technology, a Beijing-based graphics processing unit (GPU) start-up, on October…

Read More