Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

Posted on March 13, 2025 by Techme101

Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange’s first institutional investment.

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Travis Kalanick thinks Uber screwed up: “Wish we had an autonomous ride-sharing product”

Posted on March 13, 2025 by Techme101

Travis Kalanick, the former CEO of Uber, made it clear on Wednesday: he believes the company’s decision to abandon its autonomous driving program was a mistake. Said Kalanick at the Abundance Summit in L.A., “Look, [new management] killed the autonomous car project we had going on. At the time, we were really only behind Waymo […]
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Meta goes to arbitrator to prevent whistleblower from promoting tell-all book

Posted on March 13, 2025 by Techme101

An emergency arbitrator ruled that former Meta staffer Sarah Wynn-Williams is prohibited from promoting memoir of her tenure at the social media company.

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As Intel welcomes a new CEO, a look at where the company stands

Posted on March 13, 2025 by Techme101

Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan to be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board, with Intel CFO David Zinsner and executive vice president of client relations Michelle Johnston Holthaus stepping in as co-CEOs. Tan, who was most recently the CEO […]
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IT Sounds Alarm as Outdated Digital Tools Hinder AI’s Full Potential — Lenovo Report

Posted on March 12, 2025 by Techme101

To unlock AI’s full potential, businesses must go beyond automation. A Lenovo report urges organizations to personalize, simplify, and reinvent the digital workplace.

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Will Musk’s Ties to Trump & DOGE Lead to Long-Term Problems for Tesla?

Posted on March 12, 2025 by Techme101

While Trump’s support for “great patriot” Musk this week bumped up Tesla’s share price, the benefits may not be felt long term.

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Intel appoints Lip-Bu Tan as new CEO, stock jumps 12%

Posted on March 12, 2025 by Techme101

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.

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Anthropic CEO says spies are after $100M AI secrets in a ‘few lines of code’

Posted on March 12, 2025 by Techme101

Anthropic CEO Dario Amodei is worried about spies getting their hands on costly “algorithmic secrets” from the U.S.’ top AI companies.
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Intel appoints Lip-Bu Tan as its next CEO

Posted on March 12, 2025 by Techme101

Intel has appointed Lip-Bu Tan, a major figure in the semiconductor industry, as CEO, the company announced late Wednesday. Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus. He’ll also rejoin the Intel board of directors after stepping down from the board in August 2024, Intel said. Zinsner will remain Intel’s CFO, while Johnston […]
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Shares of iRobot tank 30% after Roomba maker raises doubt about its survival

Posted on March 12, 2025 by Techme101

Its financial situation has worsened since Amazon walked away from its $1.7 billion acquisition of iRobot last year, citing regulatory hurdles.

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