Tag: fast
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US to award $389 million in R&D funds for power semiconductors, critical materials
WASHINGTON, Oct 22 : The US Commerce Department said on Thursday it plans to award $389 million in research and development funding to four companies working on power semiconductor devices and critical materials to boost technologies like commercial fusion.As a condition of funding, the US government will re
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Analysis:Anthropic IPO stands alone as AI market jitters sideline others
Oct 22 : A once-robust fall calendar for technology IPOs is down to just Anthropic.The AI lab is pressing ahead to hold its initial public offering as planned in the middle of next month after making its prospectus public as early as late October, people familiar with the matter said, cautioning the plan a
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IBM falls as analysts question staying power of software rebound
Oct 22 : IBM shares fell 6.5 per cent in premarket trading on Thursday, as analysts said part of the company’s third-quarter software rebound was driven by deals delayed from the previous quarter, raising questions about how sustainable the boost would be.Here are more details:• About $250 million of
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Short sellers make $6 billion in unrealized profits as neoclouds slide on AI debt fears
Oct 22 : Investors betting against US neocloud and data center companies have raked in $6 billion in paper profits so far this month, after fears their debt-fueled AI buildout was becoming unsustainable sparked a selloff. Short interest in CoreWeave, IREN, Nebius Group, Applied Digital and Core Scientific ra
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Sports Council refers LaLiga’s Tebas to tribunal over Real Madrid comments
Oct 22 : The National Sports Council (CSD) has referred LaLiga chief Javier Tebas to Spain’s sports tribunal after his comparison of Real Madrid’s communication strategy to Nazi propaganda.The CSD has asked the tribunal to assess whether the remarks may have violated rules protecting sporting dignity and dec
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India overcome New Zealand fightback to win T20 opener
Oct 22 : India overcame a spirited New Zealand fightback after a blazing start to secure a thrilling four-wicket victory in Christchurch on Thursday and take a 1-0 lead in the five-match T20 series.India survived a mid-innings wobble in a 226-run chase after openers Sanju Samson and Abhishek Sharma laid the p
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SoFi targets idle crypto cash with interest-bearing tokenized deposit
(Corrects annual percentage yield to 4.4 per cent from 4.2 per cent in paragraph 2 after company revised the figure)By Niket Nishant and Manya SainiOct 22 : SoFi Technologies on Thursday launched a “tokenized deposit” product that lets customers earn interest on cash set aside for crypto purchases, wh
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Meta falls as investors balance Muse growth with rising AI costs
Oct 22 : Shares of Meta Platforms fell about 3 per cent in premarket trading on Thursday, as investors weighed the benefits of the company’s fast-growing AI agent business against the mounting costs of funding its ambitious AI expansion.The stock has gained more than 5 per cent this year and, if current losse
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Indian firm eMudhra exits global digital certificates business after vulnerability disclosure
Oct 22 : Indian digital trust services provider eMudhra on Thursday said it would voluntarily withdraw from the global SSL/TLS certificate business, following an incident in which its digital certificates were found to have vulnerabilities.The disclosure of the vulnerabilities led to internet browser majors s
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The 2027 men’s Tour de France route
PARIS, Oct 22 : The route for the 2027 men’s Tour de France, which will start from Edinburgh on July 2, was unveiled by the race’s organisers on Thursday.July 2 – Stage 1 – Edinburgh to Carlisle, 185 kmJuly 3 – Stage 2 – Keswick to Liverpool, 223 kmJuly 4 – Stage 3 – Welshpool…
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