Author: Editor-In-Chief
Elon Musk spent the better part of three days on the witness stand this week in his lawsuit against OpenAI, and things are already starting to get messy. Emails, text messages and his own tweets were revealed in court, with more witnesses expected. What are Mr. Musk’s claims about OpenAI? By converting the company to a for-profit model, Sam Altman betrayed the “non-profit for the benefit of humanity” mission that Musk signed on to fund. Musk repeatedly reminded the court that “you can’t steal charity.” In this episode of TechCrunch’s Equity Podcast, Kirsten Kolosek and Sean O’Kane discuss what’s really…
alphabet (aka “Google”) is clearly firing on all cylinders, and probably more so than the Street realized. This quarter was frankly a disaster. The surge in cloud revenue and increased guidance for capital expenditures (capex) indicate that the company’s large investments may be paying off sooner than many people (perhaps many within the company) expected.The point couldn’t be clearer. Alphabet is not only surviving the AI revolution, but in many ways leading it.why? Because while the investment amount is huge, the company is currently making profits in this area. Cloud and artificial intelligence were definitely the stars of the quarter.…
atlassian Shares rose more than 20% on Friday after the company reported strong cloud growth and data center revenue that beat Wall Street expectations for its fiscal third quarter. Here’s how LSEG’s estimates compare to the company’s performance. Earnings per share: $1.75 adjusted vs. $1.32 expected Sales: $1.79 billion vs. $1.69 billion expectedAtlassian stock has been hit hardest by the SaaS apocalypse this year, with shares down more than 45% year-to-date. The phrase refers to the decline in technology stocks after companies like OpenAI and Anthropic released software built on artificial intelligence models. Software executives responded by saying core business…
Jeanine Pirro, United States Attorney for the District of Columbia, speaks during a press conference at the Department of Justice (DOJ) in Washington, DC, on Friday, February 6, 2026. Aaron Schwartz | Bloomberg | Getty ImagesU.S. Attorney for the District of Columbia Jeanine Pirro may have suspended a criminal investigation into outgoing Federal Reserve Chair Jerome Powell, but she and her office remain at the center of a power struggle over the influential central bank. How he handles the impending appeal will help determine the extent of President Donald Trump’s influence over the Fed.Mr. Pirro has until Monday to appeal…
As the United Arab Emirates’ withdrawal from OPEC officially takes effect, experts say the US government will welcome the move as it could curb the pricing power of oil producing cartels.The UAE’s withdrawal, which took effect on Friday, had long been rumored, but the timing was unexpected.Recommended stories list of 4 itemsend of list”The withdrawal was a surprise in terms of timing (at least to me), but in some ways it had been in the works for quite some time,” wrote Rachel Ziemba, a non-resident senior fellow at the Center for a New American Security, a U.S. think tank.“The question…
Bitcoin Cryptoquant, a cryptocurrency data provider, says that although it spiked in April, the trend may be volatile.The flagship cryptocurrency rose 12.7% in the month, marking consecutive monthly gains and its best month since April 2025. After five consecutive months of decline, it rose nearly 2% in March. ether It increased by 8% over the same period, which was also the second consecutive month of increase and the best month since August.However, CryptoQuant said perpetual futures, a major source of leveraged crypto trading activity, were “the only driver” of the rally. The company’s apparent demand measure, which tracks 30-day changes…
roblox Shares plunged 18% on Friday after the company reported first-quarter earnings as new child safety measures weighed on bookings.CEO David Baszucki said Friday on CNBC’s “Squawk Box” that “part of what we’re rolling out with age checks is we believe it’s the real, right long-term way to build this platform.”In a letter to shareholders, the company wrote that the new age-check feature caused more headwinds than expected because it “restricted communication on the platform for users who were not age-checked, diluted communication for users who were age-checked, and slowed new user acquisition.”In January, the company restricted chat functionality to…
Darting superstar Michael van Gerwen was punched in the face by a stranger during a bar fight on King’s Day, a national holiday in the Netherlands.Shocking footage of the three-time world champion being punched in the face during a bar brawl has been shared online. Van Gerwen was also seen talking to a man and a woman at a bar in Den Bosch when the man suddenly punched the Dutch star in the face. The 37-year-old man tried to pursue the assailant, but was stopped when two security guards subdued him.He told Dutch sports news website Sportnieuws.nl: “The guy obviously…
Following agreements with Google, SpaceX, and OpenAI, the U.S. Department of Defense on Friday announced agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI to allow them to deploy their AI technology and models on classified networks for “lawful operational purposes.” “These agreements will accelerate the transformation toward establishing the U.S. military as an AI-first combat force and strengthen the warfighter’s ability to maintain judgment superiority across all domains of warfare,” the statement said. The deal comes as the U.S. Department of Defense accelerates its diversification of AI vendors following a controversial dispute with Anthropic over the terms of…
U.S. President Donald Trump (left) speaks with reporters after meeting with reporters during the Group of Seven (G7) Summit at Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada, June 16, 2025. Brendan Smialowski AFP | Getty ImagesBritish exports to the United States plunged by about 25% following President Donald Trump’s “Emancipation Day” tariff blitz, and have since stabilized, according to official data. The Office for National Statistics (ONS) announced on Friday that exports of goods to the US, excluding precious metals, had fallen by £1.5bn (24.7%) due to the introduction of the tariffs.The statistics agency added that UK car exports…