Spotify Hikes Prices in 4 Markets, Adds $11 TierTechnology

Spotify Hikes Prices in 4 Markets, Adds $11 Tier

Key Points: Spotify increases premium subscription prices in the US, UK, Australia, and Pakistan. Introduces a new $11 basic subscription…

Google to Destroy Billions of Records in $7.8B LawsuitTechnology

Google to Destroy Billions of Records in $7.8B Lawsuit

Key Points: Google to destroy billions of data records & update privacy practices as lawsuit settlement. Allegations accused Google of…

Amazon’s $2.75B Investment in AI Firm AnthropicTechnology

Amazon’s $2.75B Investment in AI Firm Anthropic

Key points: Amazon announces a landmark $2.75 billion investment in AI firm Anthropic, totalling a potential $4 billion commitment. The…

Apple Faces New Antitrust Lawsuits in CA and NJTechnology

Apple Faces New Antitrust Lawsuits in CA and NJ

Key Points: Apple faces lawsuits in California and New Jersey over smartphone market dominance. Lawsuits accuse Apple of anti-competitive behaviour…

Reddit’s IPO Skyrockets 48%, Valuation Hits $6.4BTechnology

Reddit’s IPO Skyrockets 48%, Valuation Hits $6.4B

Key Points Reddit’s shares soared 48% on their first trading day, opening at $47 and closing at $50.44. The IPO…

Nvidia’s AI Chip Is 30x Faster, Captures 80% MarketTechnology

Nvidia’s AI Chip Is 30x Faster, Captures 80% Market

Key points Nvidia’s latest AI chip boasts a performance 30 times faster than its predecessor. Holding an 80% market share,…

European Union Sets AI Regulation Global StandardTechnology

European Union Sets AI Regulation Global Standard

Key Points The European Union introduces groundbreaking AI regulation, setting a global standard. The legislation places stringent controls on “unacceptable”…

Reddit Aims For $6.4B Valuation in IPO Amid LossTechnology

Reddit Aims For $6.4B Valuation in IPO Amid Loss

Key Points Reddit aims for a valuation of up to $6.4 billion in its upcoming IPO, selling shares between $31…

Google Engineer Arrest: Trade Secrets TheftTechnology

Google Engineer Arrest: Trade Secrets Theft

Key Points Leon Ding, a 38-year-old software Google engineer, was arrested for stealing trade secrets. Charged with four counts, facing…

OpenAI, Musk, Lawsuits and Legal DilemmasTechnology

OpenAI, Musk, Lawsuits and Legal Dilemmas

Key Points OpenAI was founded in 2015 by Elon Musk, Sam Altman, and Greg Brockman, aiming to develop AGI for…