Sara Montes de Oca

Miami-based Propy has secured a $100 million credit facility from Metropolitan Partners Group to acquire title and escrow companies and migrate residential real estate closings onto a blockchain-based, AI-powered platform.

181 DAYS AGO

Arm Holdings posted fiscal Q4 revenue of $1.49 billion, up 20% year over year, beating estimates — but shares fell roughly 7% after hours as supply chain constraints tempered an otherwise bullish outlook for the company's data center CPU business.

181 DAYS AGO

National Economic Council Director Kevin Hassett said the White House is considering an executive order that would subject AI models to a formal review process similar to the FDA's drug evaluation framework, as the Trump administration grapples with the rise of advanced AI systems.

181 DAYS AGO

The U.S. Supreme Court rejected Apple's bid to temporarily halt a contempt order stemming from its antitrust dispute with Epic Games, leaving the iPhone maker subject to court-mandated App Store restrictions while it prepares a full appeal.

181 DAYS AGO

Berkshire Hathaway's McLane Company plans to extend its Aurora Innovation autonomous trucking partnership beyond a Dallas-Houston pilot, adding new driverless freight routes across the U.S. Sun Belt by the end of 2026.

182 DAYS AGO

Uber reported first-quarter revenue of $13.2 billion, just under analyst estimates, but second-quarter gross bookings guidance of up to $57.75 billion topped Wall Street expectations and sent shares surging more than 8% in premarket trading.

182 DAYS AGO

Micron Technology's shares surged 12% on Tuesday, pushing the memory maker's market cap past $700 billion for the first time and extending a 700% rally over the past 12 months, as an AI-driven global memory shortage continues to fuel demand.

182 DAYS AGO

A U.S. Secret Service officer was arrested Monday in Miami on an indecent exposure charge after working security at President Trump's appearance at the PGA Tour's Cadillac Championship at Trump National Doral. The agency has placed officer John Spillman on administrative leave pending a criminal proceeding and internal investigation.

183 DAYS AGO

Pinterest reported first-quarter revenue of $1.01 billion, beating estimates of $966 million, as shares surged 15%. The company also issued second-quarter guidance above Wall Street projections, citing AI-driven advertising improvements.

183 DAYS AGO

The SEC announced a settlement with Elon Musk's revocable trust over the late disclosure of his 2022 Twitter stock purchases, with the trust agreeing to pay a $1.5 million civil penalty — far less than the $150 million the agency claimed Musk saved by breaking disclosure rules.

183 DAYS AGO

Amazon is opening its logistics network to outside businesses under the "Amazon Supply Chain Services" brand, competing directly with UPS and FedEx by offering warehousing, fulfillment, and parcel delivery to companies in retail, healthcare, and manufacturing.

183 DAYS AGO

Denmark's grid operator Energinet has frozen new data center connection agreements after a backlog of roughly 60 GW in capacity requests overwhelmed a grid with peak demand of just 7 GW, putting the country's data center growth ambitions in jeopardy.

184 DAYS AGO

GameStop has made an unsolicited, non-binding offer to acquire eBay for $125 per share in a cash-and-stock deal valuing the e-commerce platform at roughly $55.5 billion, with CEO Ryan Cohen pitching a path to rivaling Amazon.

184 DAYS AGO

A study published in Science by Harvard Medical School and Beth Israel researchers found OpenAI's o1 model correctly diagnosed emergency room patients more often than two internal medicine physicians, though authors cautioned the findings are far from a clinical green light.

184 DAYS AGO

Instructure, maker of the Canvas learning management system, has confirmed a data breach exposing user names, email addresses, and private messages. The ShinyHunters extortion gang claims the attack affected 275 million individuals across nearly 9,000 schools worldwide.

184 DAYS AGO

Uber's chief technology officer revealed plans to eventually outfit the company's millions of drivers with sensor kits, building a proprietary real-world data layer for autonomous vehicle companies and AI developers.

184 DAYS AGO

Wildlife creator Derrick Downey Jr. used AI coding tools including Claude to build DualShot Recorder, an iPhone camera app that reached the App Store's number-one paid spot within 12 hours of launch and stayed there for eight days.

185 DAYS AGO

A new generation of AI-powered dictation apps now offers offline processing, filler-word removal, and custom tone controls, with prices ranging from free to a one-time lifetime fee — underscoring how advances in speech-to-text models have intensified competition in the category.

185 DAYS AGO