A once-famous shoe brand from California just got sold at an incredibly low price. It was worth billions at its peak but now its entire company is changing hands for just $39 million. The brand made shoes from wool and eucalyptus, attracting eco-conscious buyers in tech hubs like Silicon Valley. Sta
The European Union is preparing a new fund that will pour €5 billion into cutting‑edge technology companies, such as those developing quantum computers and artificial intelligence. The plan is to hand over the fund’s day‑to‑day operations to a private management firm chosen in April. The selectio
KRAFTON is making a bold move in India, treating it as a key player in their long-term plans. They're not just looking to make quick profits but are focusing on deep, meaningful growth. This includes investing up to 1 trillion won in local tech companies and startups through a special fund. India i
The biotech and life sciences industry is at a crossroads. After a few tough years, there's a glimmer of hope for recovery. The need for new medical treatments is huge. There are many diseases that still don't have effective treatments. The pharmaceutical industry is also under pressure. Many of the
Meta, the company behind Facebook, has recently taken a bold step into the world of nuclear energy. Unlike other tech giants, Meta has chosen to support Oklo, a startup that is working on advanced nuclear reactors. This move is significant because it shows that Meta is willing to invest in new and i
In 2025, AI became a major player in many areas of life. It's not just about chatbots anymore. AI started to affect jobs, education, and even relationships. This shift raised important questions about trust and safety. AI also became a big deal in politics. President Trump supported AI heavily. He
The Clinton Clean Energy Complex in Illinois is getting a new lease on life. The plant, which was facing closure, has secured a long-term power purchase agreement (PPA) with Meta, the company behind Facebook. This deal is a big win for the plant and the local community. The agreement means that the
Companies are spending a lot on tech but not enough on people. This is a big mistake. They focus on the tools, like models, chips, and software, but forget about the people who use them. It's like trying to make paella but only using cilantro. The culture, workflow, and training are just as importan
India is becoming a hotspot for major tech companies. Amazon and Microsoft are pouring in huge amounts of money. Amazon plans to invest $35 billion by 2030. This money will go into online shopping, AI, delivery services, and helping small businesses sell abroad. Microsoft is also investing $17. 5 bi
Ken Griffin, the head of Citadel Advisors, made some interesting choices in the tech world during the last quarter. With a massive $50. 1 billion under management, Griffin is a big player. He increased his investments in most of the top tech companies, but there was one notable exception: Amazon. G
