Some of Big Tech’s top leaders will be heading to Washington, D.C. soon to attend President-elect Donald Trump’s inauguration on Monday. Among them are Jeff Bezos, whose Blue Origin finally launched its New Glenn rocket into orbit this week, and Meta $META CEO Mark Zuckerberg, who is reportedly planning to cut 5% of the tech giant’s workforce as part of “an intense year.”
Read about this and more in this week’s tech news roundup.
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President-elect Donald Trump is expected to be joined by friends, family, and major technology firm CEOs when he’s sworn in as the next president of the U.S. on Monday.
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Taiwan Semiconductor Manufacturing Company’s (TSM) U.S.-listed shares rose by more than 6% at the market open on Thursday morning.
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Jeff Bezos’ Blue Origin on Thursday morning finally launched its massive New Glenn rocket into orbit, snagging a big win after years of delays.
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Quantum computing stocks continued rallying Wednesday after quantum-related announcements from both Nvidia $NVDA (NVDA) and Microsoft $MSFT (MSFT).
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The outgoing Biden administration is introducing even more measures focused on keeping advanced chips out of China.
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Colossal Biosciences, the world’s first company dedicated to bringing back animals from extinction, has secured $200 million in series C funding. The latest investment announced Wednesday doubles the tech company’s total funding to $435 million since its 2021 launch, boosting its valuation to $10.2 billion.
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Quantum computing stocks climbed during Tuesday morning trading after plunging earlier in the week.
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Meta $META Platforms (META) is reportedly planning on cutting 5% of its workforce as the technology giant looks to continue CEO Mark Zuckerberg’s overhaul.
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China is reportedly considering asking Elon Musk to be its white knight as it increasingly appears that TikTok will be banned from the U.S. That could be a costly — but potentially worthwhile — play for Musk’s own social media platform.
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Quantum computing stocks are plunging again after another major tech leader cast doubts on the technology’s usefulness in the near future.
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