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Microsoft shareholders vote against company investing in bitcoin

Microsoft shareholders on Tuesday voted down a proposal that would’ve seen the tech giant explore investing in bitcoin as a means of diversifying its assets. The proposal, which was put forward by a conservative think tank known as the National Center for Public Policy Research, would have directed Microsoft’s board to conduct an assessment about

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Media

Federal judge blocks Kroger’s $25B acquisition of Albertsons

A federal judge on Tuesday blocked the proposed $25 billion merger between Albertsons and Kroger, agreeing with the Federal Trade Commission (FTC) that the deal would undermine competition in the grocery industry. U.S. District Judge Adrienne Nelson said that the plan put forward by the two companies to reduce grocery prices and divest more than

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Media

Gas prices hit a 3-year low – where are they headed next?

Drivers are getting relief at the pump this week as the average cost for a gallon of regular gasoline in the U.S. reached a three-year low. AAA’s tracker for national average gas prices Tuesday morning indicated the cost of a gallon of regular-grade gas was $3.01. Andrew Gross, a spokesperson for the organization, said the

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Nvidia

AI Pioneers Win Nobel Prizes for Physics and Chemistry

Artificial intelligence, once the realm of science fiction, claimed its place at the pinnacle of scientific achievement Monday in Sweden. In a historic ceremony at Stockholm’s iconic Konserthuset, John Hopfield and Geoffrey Hinton received the Nobel Prize in Physics for their pioneering work on neural networks — systems that mimic the brain’s architecture and form

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Media

Oracle shares head for worst day of 2024 after earnings miss

Oracle shares fell on Tuesday following disappointing quarterly results from the database software company. ​Read More

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Media

The Container Store gets bad news from NYSE

Shares of The Container Store were halted on the New York Stock Exchange as it prepares to delist the stock, marking the latest blow to the struggling retailer.  The decision was made on Monday because it had fallen below the NYSE’s continued listing standard. This standard requires listed companies to maintain an average global market

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Nvidia

Turn Down the Noise: CUDA-Q Enables Industry-First Quantum Computing Demo With Logical Qubits

Quantum computing has the potential to transform industries ranging from drug discovery to logistics, but a huge barrier standing between today’s quantum devices and useful applications is noise. These disturbances, introduced by environmental interactions and imperfect hardware, mean that today’s qubits can only perform hundreds of operations before quantum computations irretrievably deteriorate.  Though seemingly inevitable,

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Media

Here is where UnitedHealthcare CEO shooting suspect worked

The man detained by law enforcement as a suspect in the killing of UnitedHealthcare CEO Brian Thompson worked as a software engineer at TrueCar. Luigi Mangione, 26, was detained in Altoona, Pennsylvania, on Monday after he was spotted at a McDonald’s location. An employee reportedly recognized him from the manhunt that began last week after Thompson

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Media

Oracle shares slide on earnings and revenue miss

Oracle shares fell in extended trading after the database software company issued disappointing quarterly results. ​Read More

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Media

UnitedHealth responds to arrest of suspect in CEO killing

A suspect in the killing of UnitedHealthcare CEO Brian Thompson last week was detained on Monday in Altoona, Pennsylvania. The person of interest has been identified as 26-year-old Luigi Mangione.  UnitedHealth Group, parent company of UnitedHealthcare the insurance arm, told FOX Business: “Our hope is that today’s apprehension brings some relief to Brian’s family, friends,

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