Technology Archives - Page 78 of 249

Bitcoin sinks to ,000 to start May as investors brace for Fed rate decision

Bitcoin sinks to $57,000 to start May as investors brace for Fed rate decision

Nicolas Economou | Nurphoto | Getty Images Bitcoin slid to its lowest level since in more than two months to kick off May, as investors kept...

Amazon beats on top and bottom lines, driven by growth in cloud and digital ads

Technology11 months ago

Amazon beats on top and bottom lines, driven by growth in cloud and digital ads

Amazon reported better-than-expected earnings and revenue for the first quarter, driven by growth in advertising and cloud computing. The stock ticked higher in extended trading. Here’s...

Super Micro pushes up full-year revenue forecast as it points to strong AI demand

Technology11 months ago

Super Micro pushes up full-year revenue forecast as it points to strong AI demand

Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in...

Pinterest shares soar 16% on earnings beat, strong revenue growth

Technology11 months ago

Pinterest shares soar 16% on earnings beat, strong revenue growth

Sopa Images | Lightrocket | Getty Images Shares of Pinterest popped 16% in extended trading Tuesday after the company reported first-quarter results that beat analysts’ estimates...

AMD's data center business grew 80% but the stock is down

Technology11 months ago

AMD’s data center business grew 80% but the stock is down

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S.,...

Amazon's cloud margin widens on accelerating revenue growth

Technology11 months ago

Amazon’s cloud margin widens on accelerating revenue growth

Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg |...

Amazon’s advertising revenue jumps 24% in first quarter

Technology11 months ago

Amazon’s advertising revenue jumps 24% in first quarter

An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York, US, on Tuesday, April 16, 2024. Angus Mordant |...

Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat

Technology11 months ago

Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat

Omar Marques | Lightrocket | Getty Images On a Sunday in early March, Dr. Angeli Maun Akey noticed something peculiar while making payroll for her private...

Eight newspaper publishers sue Microsoft and OpenAI over copyright infringement

Technology11 months ago

Eight newspaper publishers sue Microsoft and OpenAI over copyright infringement

Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg |...

Meta hit with major EU probe into disinformation handling ahead of European elections

Technology11 months ago

Meta hit with major EU probe into disinformation handling ahead of European elections

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...

ISS endorses most of activist Ancora's nominees for Norfolk Southern board

Technology11 months ago

ISS endorses most of activist Ancora’s nominees for Norfolk Southern board

Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora’s...

Microsoft to invest .7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says

Technology11 months ago

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says

Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta on April 30, 2024. (Photo by...

Europe may need to impose tariffs of up to 55% to curb Chinese EV imports: report

Technology11 months ago

Europe may need to impose tariffs of up to 55% to curb Chinese EV imports: report

Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China. Vcg | Visual China Group | Getty Images The...

Samsung Electronics' operating profit jumps 932.8% in first quarter, beats expectations

Technology11 months ago

Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone...

Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025

Technology11 months ago

Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a ‘better year’ in 2025

Following a long period of waiting, “the IPO market’s back.” That’s according to Colin Stewart, Morgan Stanley’s global head of technology equity capital markets. In an...

Embattled grocery startup Getir exits the U.S. and Europe, will refocus on Turkey

Technology11 months ago

Embattled grocery startup Getir exits the U.S. and Europe, will refocus on Turkey

Companies such as Getir and Gorillas promise to deliver items to shoppers’ doors in as little as 10 minutes. Angel Garcia | Bloomberg via Getty Images...

Tesla jumps 10% in premarket trading after passing key hurdle to roll out full self-driving in China

Technology11 months ago

Tesla jumps 10% in premarket trading after passing key hurdle to roll out full self-driving in China

SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on Dec. 1, 2020 in Berlin, Germany. Britta...

Oracle boosts its generative AI capabilities as cloud competition heats up

Technology11 months ago

Oracle boosts its generative AI capabilities as cloud competition heats up

US multinational computer technology company Oracle’s logo is pictured at the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 27,...

Technology11 months ago

How working for Big Tech lost ‘dream job’ status

Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the...

Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022

Technology11 months ago

Digital ad market is finally on the mend, bouncing back from the ‘dark days’ of 2022

A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. Tayfun Coskun | Anadolu | Getty Images Advertising is so back....

News IO

Bitcoin sinks to $57,000 to start May as investors brace for Fed rate decision

Amazon beats on top and bottom lines, driven by growth in cloud and digital ads

Super Micro pushes up full-year revenue forecast as it points to strong AI demand

Pinterest shares soar 16% on earnings beat, strong revenue growth

AMD’s data center business grew 80% but the stock is down

Amazon’s cloud margin widens on accelerating revenue growth

Amazon’s advertising revenue jumps 24% in first quarter

Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat

Eight newspaper publishers sue Microsoft and OpenAI over copyright infringement

Meta hit with major EU probe into disinformation handling ahead of European elections

ISS endorses most of activist Ancora’s nominees for Norfolk Southern board

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says

Europe may need to impose tariffs of up to 55% to curb Chinese EV imports: report

Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations

Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a ‘better year’ in 2025

Embattled grocery startup Getir exits the U.S. and Europe, will refocus on Turkey

Tesla jumps 10% in premarket trading after passing key hurdle to roll out full self-driving in China

Oracle boosts its generative AI capabilities as cloud competition heats up

How working for Big Tech lost ‘dream job’ status

Digital ad market is finally on the mend, bouncing back from the ‘dark days’ of 2022

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