Nvidia and Microsoft to Launch AI-Powered Windows PCs at Computex 2026 
Universal Music Group Rejects Pershing Square Takeover Proposal 
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results 
Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook 
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
Berkshire Hathaway to Acquire Taylor Morrison in $6.8 Billion Homebuilding Deal 
SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High 
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements 
US Tightens AI Chip Export Rules, Impacting Nvidia and AMD Sales to Chinese Firms 
SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge 
Fonterra to End Fitch Ratings Coverage as Agency Plans Withdrawal 
UAW Calls Strike at Michigan Axle Plant Supplying GM Pickup Trucks 
Meta Subscription Push Could Add Billions in Recurring Revenue, Says Rosenblatt 
LG Electronics Stock Hits Record High on Nvidia AI Partnership Speculation 
Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
Snap and Twitter joined other investors in pouring $502 million into India's Mohalla Tech, the operator of TikTok-like app Moj and social media platform ShareChat.
The funding round, which was led by investment firms Tiger Global and Lightspeed Venture Partners, boosted Mohalla Tech's valuation to a little over $2 billion.
Twitter has taken part in two previous funding rounds for Mohalla Tech, while it is Snap's first investment in the company. Mohalla Tech has raised over $766 million in six funding rounds. It has 280 million users across short video app Moj and ShareChat.
Moj, which was launched less than two days after India banned TikTok in June last year, has supposedly amassed 120 million monthly active users, showing India's drive to replace popular Chinese apps that were banned.
Mohalla Tech CEO and co-founder Ankush Sachdeva said the infusion of capital would let them continue to aggressively grow their user base.
Scott Shleifer, a partner at Tiger Global, said they are impressed with the company's understanding of rapidly evolving technologies and its ability to execute quickly. He added that Moj is well-positioned to seize short video opportunities in India.
