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Technology10 months ago

Malaysia is emerging as a data center powerhouse amid booming demand from AI

A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images Malaysia is emerging as a data center powerhouse...
Technology10 months ago

Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec

Jonathan Raa | Nurphoto | Getty Images The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way – though gradually...
Technology11 months ago

Adobe shares surge 15% for sharpest rally since 2020

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid |...
Technology11 months ago

Google-backed Tempus AI pops by as much as 15% in Nasdaq stock market debut

Tempus AI, a health-care diagnostics company that uses AI to interpret medical tests to help physicians provide more accurate treatment for their patients, rose by as...
Technology11 months ago

Microsoft to delay launch of AI Recall tool due to security concerns

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty...
Technology11 months ago

Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator

A video of Jared Kushner is shown on a screen, as the House select committee investigating the Jan. 6 attack on the U.S. Capitol holds a...
Technology11 months ago

This fintech configures expense cards to block misuse — and investors just backed it with millions

Miragec | Moment | Getty Images A startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of...
Technology11 months ago

Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today

A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The...
Technology11 months ago

OpenAI adds former NSA chief to its board

Paul Nakasone, director general of the National Security Agency, testifies during a hearing of the Senate Select Committee on Intelligence about worldwide threats, on Capitol Hill...
Technology11 months ago

Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package

Tesla shareholders on Thursday voted to ratify CEO Elon Musk’s mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind...
Technology11 months ago

Adobe shares soar 15% on better-than-expected results

Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 15% in extended trading on Thursday after the design...
Technology11 months ago

New Apple iPhone app proves just how hard it is to kill the online password

Apple Intelligence was unveiled during Apple’s Worldwide Developers Conference in Cupertino, California, on June 10, 2024. Source: Apple Inc. For years, cybersecurity experts have been predicting...
Technology11 months ago

Broadcom shares surge on earnings beat, increased demand for AI products

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom shares rose about 12% on Thursday after the company posted second fiscal quarter earnings that beat...
Technology11 months ago

Microsoft employees’ cybersecurity contributions will factor into their pay

Satya Nadella, CEO of Microsoft, arrives at federal court in Washington, D.C., on Monday, Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will...
Technology11 months ago

Tesla shareholder vote on Musk’s historic pay package won’t resolve ‘legal disputes’

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton...
Technology11 months ago

Tesla expects to raise Model 3 prices in Europe after higher EU tariffs on China EVs

The new Tesla Model 3+ is on sale at a Tesla store in Hangzhou, Zhejiang province, China, September 26, 2023. Costfoto | Nurphoto | Getty Images...
Technology11 months ago

Solugen locks in $214 million Energy Department loan to build a ‘bioforge’ for sustainable chemicals production

Solugen makes water treatment chemicals and others from renewable feedstock. Todd Spoth for Solugen A Houston-based startup called Solugen has locked in a $214 million loan...
Technology11 months ago

Tesla pops 7% in premarket after Elon Musk says he is set for victory in $56 billion pay vote

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May...
Technology11 months ago

Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license

A mockup of what Revolut’s new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs...
Technology11 months ago

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say

Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics...

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