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Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results

Alphabet tempers fears that it’s falling behind in AI with blowout first-quarter results

Alphabet went into its earnings report on Thursday facing concerns about the growth of its core Google ads business and the company’s ability to generate profits...

Alphabet soars 10% on strong earnings, first-ever dividend, billion buyback

Technology9 months ago

Alphabet soars 10% on strong earnings, first-ever dividend, $70 billion buyback

Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images...

Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending

Technology9 months ago

Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending

Amy Hood, chief financial officer at Microsoft, speaks during a presentation on affordable housing in Bellevue, Washington, on Jan. 17, 2019. Chona Kasinger | Bloomberg |...

Mark Zuckerberg 's net worth plummets by more than billion from Meta stock drop

Technology9 months ago

Mark Zuckerberg ‘s net worth plummets by more than $18 billion from Meta stock drop

Meta Platforms CEO Mark Zuckerberg speaks about the Facebook News feature at the Paley Center For Media in New York on Oct. 25, 2019. Drew Angerer...

Snap shares soar 25% as company beats on earnings, shows strong revenue growth

Technology9 months ago

Snap shares soar 25% as company beats on earnings, shows strong revenue growth

Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading. ...

Intel shares fall after providing weak forecast for the current quarter

Technology9 months ago

Intel shares fall after providing weak forecast for the current quarter

Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April...

Alphabet issues first ever dividend, billion buyback

Technology9 months ago

Alphabet issues first ever dividend, $70 billion buyback

Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his company in the...

This startup helps plants talk to farmers, reducing pesticides and agricultural waste

Technology9 months ago

This startup helps plants talk to farmers, reducing pesticides and agricultural waste

What if plants could talk to farmers and tell them when they’re in distress? That would not only save the plants, but it could reduce the...

Rubrik pops 20% in NYSE debut after pricing IPO above range

Technology9 months ago

Rubrik pops 20% in NYSE debut after pricing IPO above range

Bipul Sinha, CEO, Chairman & Co-Founder of Rubrik Inc., the Microsoft backed cybersecurity software startup, rings the opening bell during his company’s IPO at the New...

Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas

Technology9 months ago

Stripe co-founder says high interest rates flushed out Silicon Valley’s ‘wackiest’ ideas

John Collison, president and co-founder of Stripe. Christophe Morin | IP3 | Getty Images Rising interest rates crushed technology valuations and had a chilling effect on...

Alphabet set to report first-quarter results after market close

Technology9 months ago

Alphabet set to report first-quarter results after market close

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman...

Meta loses 0 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

Technology9 months ago

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong...

Technology9 months ago

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

U.K. tech startup Synthesia unveiled a new range of AI-generated avatars that can convey emotions like happiness, sadness, and frustration. Synthesia Nvidia-backed artificial intelligence firm Synthesia...

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

Technology9 months ago

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on...

Meta tumbles 12% on weak revenue forecast and Zuckerberg's comments on spending

Technology9 months ago

Meta tumbles 12% on weak revenue forecast and Zuckerberg’s comments on spending

Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan...

Meta shares plunge on weak revenue guidance even as first-quarter results top estimates

Technology9 months ago

Meta shares plunge on weak revenue guidance even as first-quarter results top estimates

Meta shares plunged more than 11% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results. Here are the...

Meta's Reality Labs posts .85 billion loss in first quarter

Technology9 months ago

Meta’s Reality Labs posts $3.85 billion loss in first quarter

Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California. Glen Chapman |...

IBM to acquire HashiCorp in .4 billion deal, reports another revenue miss

Technology9 months ago

IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares...

TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban

Technology9 months ago

TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban

TikTok creators gather before a press conference to voice their opposition to the “Protecting Americans from Foreign Adversary Controlled Applications Act,” pending crackdown legislation on TikTok...

Meta to report first-quarter results after the bell

Technology9 months ago

Meta to report first-quarter results after the bell

Mark Zuckerberg, CEO, Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta will report first-quarter results after the bell Wednesday....

News IO

Alphabet tempers fears that it’s falling behind in AI with blowout first-quarter results

Alphabet soars 10% on strong earnings, first-ever dividend, $70 billion buyback

Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending

Mark Zuckerberg ‘s net worth plummets by more than $18 billion from Meta stock drop

Snap shares soar 25% as company beats on earnings, shows strong revenue growth

Intel shares fall after providing weak forecast for the current quarter

Alphabet issues first ever dividend, $70 billion buyback

This startup helps plants talk to farmers, reducing pesticides and agricultural waste

Rubrik pops 20% in NYSE debut after pricing IPO above range

Stripe co-founder says high interest rates flushed out Silicon Valley’s ‘wackiest’ ideas

Alphabet set to report first-quarter results after market close

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

Meta tumbles 12% on weak revenue forecast and Zuckerberg’s comments on spending

Meta shares plunge on weak revenue guidance even as first-quarter results top estimates

Meta’s Reality Labs posts $3.85 billion loss in first quarter

IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss

TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban

Meta to report first-quarter results after the bell

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