Technology Archives - Page 54 of 215

Amazon spends .75 billion on AI startup Anthropic in its largest venture investment yet

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant...

Adam Neumann’s bid to buy back WeWork faces uphill battle due to financing challenges

Technology8 months ago

Adam Neumann’s bid to buy back WeWork faces uphill battle due to financing challenges

Israeli-American businessman Adam Neumann speaks during The Israeli American Council (IAC) 8th Annual National Summit on January 19, 2023 in Austin, Texas. Shahar Azran | Getty...

SEC settles insider trading charges against Andy Bechtolsheim, co-founder of Arista, Sun Microsystems

Technology8 months ago

SEC settles insider trading charges against Andy Bechtolsheim, co-founder of Arista, Sun Microsystems

Andreas “Andy” Von Bechtolsheim, co-founder of Arista Networks Inc., speaks during a Bloomberg West television interview in San Francisco, California, U.S., on Thursday, May 2, 2013....

Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues

Technology8 months ago

Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues

Reddit’s post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst. Reddit shares were up by 15% during midday trading on Tuesday...

Apple announces its big annual conference, where it could reveal its AI strategy

Technology8 months ago

Apple announces its big annual conference, where it could reveal its AI strategy

The Worldwide Developers Conference stage. CNBC/Kif Leswing Apple on Tuesday announced that its annual developers conference, WWDC, will take place June 10 through June 14. The...

How BYD grew from battery maker to electric vehicle juggernaut, overtaking Tesla

Technology8 months ago

How BYD grew from battery maker to electric vehicle juggernaut, overtaking Tesla

In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world’s...

Alibaba scraps IPO of logistics unit Cainiao, says it will take full ownership

Technology8 months ago

Alibaba scraps IPO of logistics unit Cainiao, says it will take full ownership

The Alibaba Group company logo is displayed on a screen at the New York Stock Exchange during morning trading on February 14, 2024 in New York...

Amazon launches same-day prescription delivery in New York and Los Angeles

Technology8 months ago

Amazon launches same-day prescription delivery in New York and Los Angeles

The Amazon Pharmacy home screen is displayed on a laptop in Brooklyn, New York, on Nov. 17, 2020. Gabby Jones | Bloomberg | Getty Images Amazon’s...

Apple could double down on China market, Wedbush says, as iPhone sales drop

Technology8 months ago

Apple could double down on China market, Wedbush says, as iPhone sales drop

SHANGHAI, CHINA – MARCH 21: Tim Cook, chief executive officer of Apple Inc., arrives for opening ceremony of the new Apple Jing’an store on March 21,...

Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface

Technology8 months ago

Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface

Microsoft said Monday it has selected company veteran Pavan Davuluri to lead its Windows operating system and Surface devices teams. Davuluri, who joined Microsoft in 2001...

Elon Musk requires 'FSD' demo for every prospective Tesla buyer in North America

Technology8 months ago

Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in North America

Elon Musk hands over a Model Y car to a customer during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany,...

Adam Neumann makes a 0 million bid for WeWork that could hit 0 million if financing and diligence firm up

Technology8 months ago

Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up

Adam Neumann of WeWork and Victor Fung Kwok-king, right, chairman of Fung Group, attend a signing ceremony at WeWork’s Weihai Road location on April 12, 2018...

Software startup Recurrent helps used EV buyers know how much life is left in a vehicle

Technology8 months ago

Software startup Recurrent helps used EV buyers know how much life is left in a vehicle

Recurrent, a Seattle-based startup, aims to do for electric vehicle batteries what odometers do for fuel-powered cars: show the wear and tear on the battery and...

Reddit shares close 30% up following social media company's IPO

Technology8 months ago

Reddit shares close 30% up following social media company’s IPO

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy...

Bitcoin jumps 7%, retakes ,000 to start the week

Technology8 months ago

Bitcoin jumps 7%, retakes $70,000 to start the week

Nicolas Economou | Nurphoto | Getty Images Bitcoin spiked to start the final week of March, reclaiming the $70,000 level. The price of the flagship cryptocurrency...

U.S. and Britain accuse China-linked hackers of ‘malicious’ cyber campaigns, announce sanctions

Technology8 months ago

U.S. and Britain accuse China-linked hackers of ‘malicious’ cyber campaigns, announce sanctions

BeeBright | Getty Images LONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind “malicious” cyber campaigns targeting...

Technology8 months ago

Ericsson will cut 1,200 jobs in Sweden

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Ericsson announced on Monday that it...

Activist investor plans second fight at Masimo, sending shares up 5%

Technology8 months ago

Activist investor plans second fight at Masimo, sending shares up 5%

Joe Kiani, CEO, Masimo Scott Mlyn | CNBC Health-tech company Masimo, best known for its successful patent litigation over the Apple Watch, is facing a proxy...

Match adds two directors in deal with activist investor Elliott Management

Technology8 months ago

Match adds two directors in deal with activist investor Elliott Management

Nurphoto | Nurphoto | Getty Images Tinder and Hinge operator Match Group added two new directors and signed an agreement with Elliott Management, months after the...

China's Xiaomi will price its Tesla EV rival under ,400, CEO says ahead of Thursday launch

Technology8 months ago

China’s Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch

Xiaomi’s first EV, the SU7, is on display at a Xiaomi Automotive delivery center on March 25, 2024 in Hefei, Anhui Province of China. Chinese tech...

News IO

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Adam Neumann’s bid to buy back WeWork faces uphill battle due to financing challenges

SEC settles insider trading charges against Andy Bechtolsheim, co-founder of Arista, Sun Microsystems

Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues

Apple announces its big annual conference, where it could reveal its AI strategy

How BYD grew from battery maker to electric vehicle juggernaut, overtaking Tesla

Alibaba scraps IPO of logistics unit Cainiao, says it will take full ownership

Amazon launches same-day prescription delivery in New York and Los Angeles

Apple could double down on China market, Wedbush says, as iPhone sales drop

Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface

Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in North America

Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up

Software startup Recurrent helps used EV buyers know how much life is left in a vehicle

Reddit shares close 30% up following social media company’s IPO

Bitcoin jumps 7%, retakes $70,000 to start the week

U.S. and Britain accuse China-linked hackers of ‘malicious’ cyber campaigns, announce sanctions

Ericsson will cut 1,200 jobs in Sweden

Activist investor plans second fight at Masimo, sending shares up 5%

Match adds two directors in deal with activist investor Elliott Management

China’s Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch

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