Technology Archives - Page 46 of 225

Software stocks got pummeled this week after a cluster of troubling earnings reports

Software stocks got pummeled this week after a cluster of troubling earnings reports

Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said...

Warren Buffett is worried about potential for 'huge losses' in booming, but still tiny insurance market

Technology8 months ago

Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s annual shareholder meeting in Omaha...

Shares of Dell fall 16% as AI servers are sold at 'near-zero margins'

Technology8 months ago

Shares of Dell fall 16% as AI servers are sold at ‘near-zero margins’

Dell Technologies CEO Michael Dell speaks during the MWC session ‘New strategies for a new era’ on the first day of the 18th edition of the...

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

Technology8 months ago

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in Paris, France, on May 21, 2024....

MongoDB shares sink 23% after management trims guidance

Technology8 months ago

MongoDB shares sink 23% after management trims guidance

Dev Ittycheria, CEO, MongoDB Scott Mlyn | CNBC MongoDB stock sank as much as 25% in extended trading on Thursday after the database software maker issued...

Dell shares fall despite growing AI server business

Technology8 months ago

Dell shares fall despite growing AI server business

Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024. Joan Cros |...

Twitch terminates all members of its Safety Advisory Council

Technology8 months ago

Twitch terminates all members of its Safety Advisory Council

Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC. The council...

Amazon to expand drone delivery service after clearing FAA hurdle

Technology8 months ago

Amazon to expand drone delivery service after clearing FAA hurdle

An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty...

Salesforce shares tumble 20%, on pace for worst day since 2004

Technology8 months ago

Salesforce shares tumble 20%, on pace for worst day since 2004

Marc Benioff, co-chief executive officer of Salesforce.com Inc., speaks during a Bloomberg Television interview at the 2022 Dreamforce conference in San Francisco, California, US, on Thursday,...

Amazon Prime now includes a Grubhub food-delivery subscription

Technology8 months ago

Amazon Prime now includes a Grubhub food-delivery subscription

An Amazon worker delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images Amazon is...

South Korean tech conglomerate SK Inc. surges 16% after chair's billion divorce settlement

Technology8 months ago

South Korean tech conglomerate SK Inc. surges 16% after chair’s $1 billion divorce settlement

Chey Tae-won, billionaire and chairman of SK Group, prepares to leave after speaking during the Nikkei Forum Future of Asia in Tokyo, Japan, on Thursday, May...

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

Technology8 months ago

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or...

Google to invest billion in Malaysia and build data center to capture rising AI demand

Technology8 months ago

Google to invest $2 billion in Malaysia and build data center to capture rising AI demand

The Google corporate logo hangs outside one of its offices on August 31, 2021. Sean Gallup | Getty Images Google on Thursday said it will invest...

Singapore pushes for green data centers as growing AI demand strains energy resources

Technology8 months ago

Singapore pushes for green data centers as growing AI demand strains energy resources

Erik Isakson | Digitalvision | Getty Images SINGAPORE — Singapore is pushing for green data centers as the explosive demand for artificial intelligence puts a strain...

UiPath shares tank 30% after company announces CEO shakeup

Technology8 months ago

UiPath shares tank 30% after company announces CEO shakeup

Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company’s offices in Bucharest, Romania, on Thursday, May 20, 2021. Andrei Pungovschi | Bloomberg...

Salesforce shares plunge 17% on first revenue miss since 2006

Technology8 months ago

Salesforce shares plunge 17% on first revenue miss since 2006

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg |...

Former OpenAI board member explains why CEO Sam Altman was fired

Technology8 months ago

Former OpenAI board member explains why CEO Sam Altman was fired

Former OpenAI board member Helen Toner, who helped oust CEO Sam Altman in November, broke her silence this week when she spoke on a podcast about...

Crypto exchange Gemini returns .2 billion to users after pausing withdrawals 18 months ago

Technology8 months ago

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the...

PwC agrees deal to become OpenAI's first reseller and largest enterprise user

Technology8 months ago

PwC agrees deal to become OpenAI’s first reseller and largest enterprise user

PwC said the deal will see its U.S. and U.K. employees and clients gain access to the latest tools from OpenAI. Nurphoto | Nurphoto | Getty...

Samsung faces probe after two chip workers exposed to radiation, authorities say

Technology8 months ago

Samsung faces probe after two chip workers exposed to radiation, authorities say

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto |...

News IO

Software stocks got pummeled this week after a cluster of troubling earnings reports

Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market

Shares of Dell fall 16% as AI servers are sold at ‘near-zero margins’

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

MongoDB shares sink 23% after management trims guidance

Dell shares fall despite growing AI server business

Twitch terminates all members of its Safety Advisory Council

Amazon to expand drone delivery service after clearing FAA hurdle

Salesforce shares tumble 20%, on pace for worst day since 2004

Amazon Prime now includes a Grubhub food-delivery subscription

South Korean tech conglomerate SK Inc. surges 16% after chair’s $1 billion divorce settlement

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

Google to invest $2 billion in Malaysia and build data center to capture rising AI demand

Singapore pushes for green data centers as growing AI demand strains energy resources

UiPath shares tank 30% after company announces CEO shakeup

Salesforce shares plunge 17% on first revenue miss since 2006

Former OpenAI board member explains why CEO Sam Altman was fired

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

PwC agrees deal to become OpenAI’s first reseller and largest enterprise user

Samsung faces probe after two chip workers exposed to radiation, authorities say

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