Tech giants and new developments dominate the headlines

Donald Trump's announcement that he will be accompanied by renowned technology industry leaders at his inauguration as President of the United States next Monday is causing a stir in the US capital. Names like Jeff Bezos, who recently successfully launched the New Glenn rocket into space with his company Blue Origin, and Mark Zuckerberg, who plans to reduce the workforce at Meta by five percent to manage an "intense year," are in the spotlight. Additionally, shares of the Taiwan Semiconductor Manufacturing Company, listed on the US stock exchange, reported a gain of over six percent on Thursday. This market movement is just one of many signs of changes in the technology sector. Another highlight of the week was the announcement of the successful financing of Colossal Biosciences. The company, dedicated to reviving extinct animals, raised an impressive 200 million dollars in a funding round and has now collected a total of 435 million dollars since its founding in 2021. Last but not least, discussions on the regulation of chip exports by the outgoing Biden administration, as well as China’s bets on Elon Musk as a potential savior of the dwindling traces of social media, kept the news world on tenterhooks. These developments highlight the dynamic and often unpredictable nature of the technology sector.