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Author Archives: Techme101
CNBC Daily Open: The flow of money in AI appears one-way at this point
Money from technology companies keeps flowing into their compatriots, while money from investors are leaving technology stocks.
Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor
Constellation Energy will use the loan to refurbish a reactor it idled in 2019. Microsoft has agreed to buy the power once the facility reopens in 2028.
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European tech gets political
Taking a page from Big Tech, legacy industries, and their U.S. peers, European tech companies are increasingly learning to lobby for themselves.
Dutch gambling authority issues notice to Tulipa Entertainment for AML violations
The Dutch Gaming Authority, also known as Kansspelautoriteit, has issued a notice to Tulipa Ent Limited for “violating the Prevention of Money Laundering and Terrorist Financing Act, the Wwwft.” The company offers gambling in the Netherlands under the brand names … Continue reading
Hippodrome Casino executive says talk of rise in Machine Games Duty is ‘deeply alarming’
The executive chairman of The Hippodrome Casino, Simon Thomas, has spoken out ahead of the UK’s Autumn Budget being unveiled, as he says talk of a potential rise in Machine Games Duty is “so deeply alarming.” The current Machine Games … Continue reading
Meta Did Not Violate the Law When It Bought Instagram and WhatsApp, a Judge Rules
Meta’s acquisitions of Instagram and WhatsApp did not illegally stifle competition in social networking, a judge found, a major win for the tech giant.
Tesla receives ride-hailing permit in Arizona in last required step to launch robotaxi service
Tesla received a ride-hailing permit this week from Arizona regulators, opening the door for the automaker to begin operating a robotaxi service in the state. A spokesperson with Arizona Department of Transportation told TechCrunch the automaker applied for a Transportation … Continue reading
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Judge rules Meta doesn’t have monopoly after Instagram, WhatsApp acquisitions
The decision allows Instagram’s parent company to avoid the prospect of the company breaking up
Hugging Face CEO says we’re in an ‘LLM bubble,’ not an AI bubble
Hugging Face co-founder and CEO Clem Delangue says all the attention is on LLMs, but smaller, specialized models will make sense in many use cases going forward.
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Meta’s big antitrust win, Salesforce’s deal closure, and iPhone’s popularity in China
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.