In a recent court hearing, DuckDuckGo CEO Gabriel Weinberg shed light on the challenges the privacy-focused search engine company faced in attempting to become the default search engine for private browsing modes on various browsers. Google’s exclusive contracts proved to be a major obstacle for DuckDuckGo, hindering their efforts to provide a privacy-centric alternative to
Enterprise
In a time when stock markets were booming and trading apps like Robinhood were gaining popularity among consumers, Apple and Goldman Sachs had plans to collaborate on an investing feature that would allow users to buy and sell stocks. However, this project was ultimately shelved in the face of a downturn in the markets. The
The much-anticipated initial public offering (IPO) of Instacart saw a 40% surge in the company’s shares upon their debut on the Nasdaq exchange. Opening at $42, the IPO valued Instacart at approximately $10 billion on a fully diluted basis, significantly lower than its private market valuation of $39 billion during the early months of the
Apple released its highly anticipated iOS 17 software update for iPhones on Monday. This annual update brings a host of new features and improvements to enhance the user experience. Whether you have a relatively recent iPhone model or have been holding on to your device for a few years, iOS 17 is accessible to anyone
In a bold move that caught many by surprise, Disney is reportedly considering selling ABC and its owned affiliates, linear cable networks, and a minority stake in ESPN. This decision is driven not solely by financial concerns, but by the desire to signal to investors that Disney is ready to embrace the future and shed
Three Democratic members of the Senate Committee on Armed Services have raised concerns about SpaceX CEO Elon Musk’s potential involvement in disabling or impeding the function of Starlink satellite communications terminals used by the Ukrainian Armed Forces in southern Ukraine in 2022. In a letter to Defense Secretary Lloyd Austin, Senators Jeanne Shaheen, Elizabeth Warren,
Arm Holdings, a chip design company controlled by SoftBank, experienced a significant surge of over 16% in its stock price during intraday trading on Thursday. This surge came after the company’s successful initial public offering (IPO), in which it sold shares at $51 each. With an initial valuation of almost $60 billion, Arm’s IPO marks
Apple recently launched its latest iPhone 15 range, and while the prices remained the same in the U.S., the company decided to hike prices in important markets such as China, Japan, and India. This move comes as Apple aims to reinvigorate growth amidst a broader slowdown in the smartphone market. In this article, we will
Bitcoin, the world’s most popular cryptocurrency, experienced a significant price bounce on Tuesday, reversing previous losses driven by concerns over FTX liquidations. As investors anxiously await a hearing that could determine the fate of FTX and its sister company Alameda Research, the crypto market continues to face uncertainty and volatility. Bitcoin surged by 4.5% to
Tesla, the electric car manufacturer led by CEO Elon Musk, experienced a significant boost in its stock price on Monday. The surge came after Morgan Stanley upgraded the company’s outlook and praised its potential in the field of Artificial Intelligence (AI). Morgan Stanley analysts argue that Tesla should be seen as more than just an