Author: GT

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump administration’s trade policies and tariffs — pursuing an IPO right now is surprising, even at an exploratory level. Klarna and StubHub, the two potentially blockbuster tech IPOs that were humming along last month, both hit the pause button in early April after the stock market crashed on tariff…

WASHINGTON (AP) — Meta CEO Mark Zuckerberg once considered separating Instagram from its parent company due to worries about antitrust litigation, according to an email shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.In the 2018 email, Zuckerberg wrote that he was beginning to wonder if “spinning Instagram out” would be the only way to accomplish important goals, as big-tech companies grow. He also noted “there is a non-trivial chance” Meta could be forced to spin out Instagram and perhaps WhatsApp in five to 10 years anyway.He wrote that while most…

SHANGHAI ((Reuters)) – China’s growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose of the hoard and spurring calls from courts and the financial industry for better regulation. Lawyers said the lack of rules around how authorities should handle seized bitcoin and other tokens, whose trading is banned on the mainland, has spawned inconsistent and opaque approaches that some fear could embolden lawbreakers and foster corruption. Together with senior judges and police, attorneys are debating changes to rules they said will soon change the way confiscated virtual currencies are treated. That could…

Semiconductor giant Nvidia is facing unexpected new U.S. export controls on its H20 chips. In a filing Tuesday, Nvidia said it was informed by the U.S. government that it will need a license to export its H20 AI chips to China. This license will be required indefinitely, according to the filing — the U.S. government cited “risk that the [H20] may be used in […] a supercomputer in China.” Nvidia anticipates $5.5 billion in related charges in its Q1 2026 fiscal year, which ends April 27. The company’s stock was down around 6% in extended trading. The H20 is the…

Trump’s most recent endeavor will be a Trump-branded cryptocurrency game with a Monopoly-like feel, based on two sources familiar with the project. President Donald Trump is said to be creating a Monopoly-like game in cryptocurrency, representing the latest in a series of blockchain activities that the Trump family has engaged with, as per Fortune. According to two sources familiar with the initiative, the Trump-branded game will function like MONOPOLY GO!—players will be able to generate in-game cash by relocating digital pieces around a virtual city to gain in-game items to build buildings (a nod to the real estate developer model).…

In the wake of criticism over the underwhelming performance of its AI products, especially in areas like notification summaries, Apple on Monday detailed how it is trying to improve its AI models by analyzing user data privately with the aid of synthetic data. Using an approach called “differential privacy,” the company said it would first generate synthetic data and then poll users’ devices (provided they’ve opted-in to share device analytics with Apple) with snippets of the generated synthetic data to compare how accurate its models are, and subsequently improve them. “Synthetic data are created to mimic the format and important…

In the first quarter of 2025, Bitcoin holdings among publicly traded companies surged by 16.1%, according to a report from Bitwise. By the end of March, the total Bitcoin held by these firms reached approximately 688,000 BTC, valued at around $57 billion. This increase was driven by the purchase of 95,431 BTC during the quarter. A total of 79 public companies now hold Bitcoin, with 12 of them acquiring the cryptocurrency for the first time in Q1. Notably, the Hong Kong construction firm Ming Shing, through its subsidiary Lead Benefit, emerged as the largest first-time buyer, purchasing 833 BTC. This…

The science fiction trope of humans superpowered by computer and bionic implants is fast becoming a reality, and today, a startup hoping for a role in how that plays out is announcing some funding.  Phantom Neuro, which is developing a wristband-like device that gets implanted under the skin to let a person control prosthetic limbs, has raised $19 million to fund its next stage of development.  The startup has already hit a few important milestones for a medical tech startup. It has received two FDA designations, one as a Breakthrough Device and one for TAP. The latter is selective and…

The past few weeks have been among the most turbulent that I have experienced, with tariffs and geopolitical uncertainty rattling markets and shaking investor confidence. But while the headlines remain noisy, the worst of the volatility may be behind us—and that means it’s time to start looking for opportunities. Amid the chaos, a few themes are emerging as clear standouts for this year: AI, Bitcoin and gaming. In this piece, I’ll highlight three stocks that are both poised to benefit from these broad trends but also boast individual bullish catalysts of their own. Palantir Technologies (PLTR), MicroStrategy (MSTR), and Take-Two…

Thilina Kaluthotage | Nurphoto | Getty ImagesMeta CEO Mark Zuckerberg considered spinning out Instagram in 2018 on concerns about the rising threat of antitrust litigation against Facebook, according to an email presented Tuesday in a Washington, D.C. courtroom.During Zuckerberg’s second day of testimony in Meta’s antitrust trial with the Federal Trade Commission, lawyers representing the FTC introduced an email from May 2018, in which Zuckerberg appeared to comment on the possibility of separating the photo-sharing app his company purchased in 2012 for $1 billion.”And i’m beginning to wonder whether spinning Instagram out is the the only structure that will accomplish…