Uplifting Echoes

Business

Global tech sell-off sparks flight to safety - Financial Times

Global tech sell-off sparks flight to safety - Financial Times

Japanese bonds and yen rally as Asian stock markets follow Wall Street lower

Asian Stocks to Slide on Tech Rout, Bonds Rally: Markets Wrap - Bloomberg.com

Asian Stocks to Slide on Tech Rout, Bonds Rally: Markets Wrap - Bloomberg.com

Technology stocks trimmed their losses heading into the European session, offering global investors some respite after renewed pressure on the artificial intelligence trade drove demand for bonds. Crude oil extended its gains.

SK Hynix shares slide after chipmaker scraps Solidigm IPO plans - CNBC

SK Hynix shares slide after chipmaker scraps Solidigm IPO plans - CNBC

SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns.

Mark Zuckerberg's creative plan to pay California’s proposed billionaire tax without losing control of Meta - TechCrunch

Mark Zuckerberg's creative plan to pay California’s proposed billionaire tax without losing control of Meta - TechCrunch

A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.

Elon Musk’s $10.5B SpaceX gift to kids has a catch: Families can’t say no — and may need to wait 5 years to cash out - Yahoo Finance

Elon Musk’s $10.5B SpaceX gift to kids has a catch: Families can’t say no — and may need to wait 5 years to cash out - Yahoo Finance

Why would anyone complain about free assets? Part of it comes down to the potential donor motivations.

‘Just the beginning’: New Mexico AG warns AI industry after $25B Meta ruling - Politico

‘Just the beginning’: New Mexico AG warns AI industry after $25B Meta ruling - Politico

New Mexico Attorney General Raúl Torrez said the record-setting judgment should encourage more states to take the tech industry to trial.

Moderna and Merck say their mRNA cancer vaccine cut death, recurrence by 42% - Ars Technica

Moderna and Merck say their mRNA cancer vaccine cut death, recurrence by 42% - Ars Technica

Markers released top-line results today after previously reporting the trial succeeded.

Hackers appear to be struggling to exploit PHP flaws after global cybersecurity crisis - NBC News

Hackers appear to be struggling to exploit PHP flaws after global cybersecurity crisis - NBC News

There were few, if any, reports of widespread damage by hackers exploiting PHP flaws, experts said, one day after officials warned of severe vulnerabilities.

OpenAI trims valuation target to $1.25tn after pitching higher price - Financial Times

OpenAI trims valuation target to $1.25tn after pitching higher price - Financial Times

AI lab floated $1.4tn price tag earlier this month, according to documents seen by the FT