TLDR; Trump Mobile’s T1 smartphone faces backlash over its “Made in America” claim, with analysts pointing to foreign-made components. Experts…
Author: Newton Kitonga
Newton Kitonga
Newton Kitonga is a lawyer and crypto enthusiast. He has over five years of experience analyzing derivative markets, FinTech, research, and Decentralized Finance.
TLDR; Meta has invested $14.3 billion for a 49% stake in Scale AI, raising concerns about the data-labeling firm’s independence.…
TLDR; Microsoft may walk away from fresh equity talks with OpenAI, favoring its current contract instead. OpenAI’s internal shift toward…
TLDR; Google introduces a new evaluation framework focused on real-world performance of AI. Traditional benchmarks are deemed insufficient for practical…
TLDR; Texas Instruments is investing over $60 billion to build seven chip factories in Texas and Uta The expansion is…
TLDR: Huawei is pivoting toward AI and 5G to counteract stagnation in the traditional telecom market. Deputy chairman Eric Xu…
TLDR; Pope Leo XIV urges world leaders to create a global treaty to regulate AI, citing threats to human dignity…
TLDR; The FTSE 100 remained stable despite geopolitical tensions and confusing inflation data from the UK. UK inflation held steady…
TLDR: Amazon CEO Andy Jassy has acknowledged that generative AI will lead to a leaner workforce over time The company…
TLDR; The Pentagon has awarded OpenAI a contract worth up to $200 million to build prototype AI systems. The partnership…
TLDR; Older South Koreans now rely more on YouTube than TV for news. Over 60% of people in their 50s…
TLDR; Oracle has partnered with Elon Musk’s xAI to offer the Grok 3 language model to enterprise users through its…
TLDR: Nintendo stock jumped 7.1% as Switch 2 sales hit 3.5 million in four days. The Switch 2 is now…
TLDR; Canva has acquired MagicBrief, an ad analytics startup, marking its 12th acquisition. The move signals Canva’s expansion beyond design…
TLDR; Applied Intuition raised $600 million in Series F funding led by BlackRock and Kleiner Perkins, pushing its valuation to…
TLDR: Meta has launched an AI tool that turns product images into video ads, automating creative ad production. The tool…
TLDR; Daniel Ek has led a $648 million investment into Helsing, an AI defense startup, through his firm Prima Materia.…
TLDR: Adobe stock dropped 5.32% on June 13 despite stronger full-year revenue guidance. Investors are increasingly skeptical about the timeline…
TLDR: The UK’s CMA is preparing to end oversight of Google’s ad tech commitments, citing improved user privacy controls. Google…
TLDR; Google is reportedly ending a major contract with Scale AI following Meta’s growing stake in the company. Meta’s $14.3…
TLDR: Amazon will power AWS operations with 1.92 GW from a Pennsylvania nuclear plant through a new deal with Talen…
