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Amazon's cloud group becomes more profitable but misses on top line

Amazon’s cloud group becomes more profitable but misses on top line

Adam Selipsky, Amazon Web Services CEO Source: CNBC Amazon said Thursday that its cloud unit grew revenue 12% year over year in the third quarter. Analysts...

Amazon’s advertising revenue tops billion in the third quarter

Technology1 year ago

Amazon’s advertising revenue tops $12 billion in the third quarter

BARCELONA, SPAIN – MARCH 2: The Amazon ads logo, the advertising solutions service formerly known as AMD or Amazon Marketing Services, during the Mobile World Congress...

'Grandpa Google': Search head testifies that young users see it as out of style

Technology1 year ago

‘Grandpa Google’: Search head testifies that young users see it as out of style

Prabhakar Raghavan, of Google Inc., speaks during the company’s Cloud Next ’18 event in San Francisco, California, July 24, 2018. David Paul Morris | Bloomberg |...

Uber begins offering rides in self-driving Waymo cars

Technology1 year ago

Uber begins offering rides in self-driving Waymo cars

Passengers ride in an electric Waymo full self-driving technology in Santa Monica Allen J. Schaben | Los Angeles Times | Getty Images Customers ordering an Uber...

Meta shares dip following cautious commentary about unrest in the Middle East

Technology1 year ago

Meta shares dip following cautious commentary about unrest in the Middle East

Shares of Meta dipped more than 2% Thursday, a day after the company released strong third-quarter results but offered cautious comments about potential ad softness due...

Humanity could 'lose control' of AI, UK PM warns, as Britain seeks leading role in the tech

Technology1 year ago

Humanity could ‘lose control’ of AI, UK PM warns, as Britain seeks leading role in the tech

British Prime Minister Rishi Sunak delivers a speech on AI at Royal Society, Carlton House Terrace on Oct. 26, 2023 in London, England. Peter Nicholls |...

Kids are attending pro-Palestine protests on Roblox

Technology1 year ago

Kids are attending pro-Palestine protests on Roblox

Screenshot taken by CNBC of an experience on Roblox. Source: Roblox Kids are attending pro-Palestine protests on Roblox in the wake of the Israel-Hamas war, and...

Google Maps just got another update, here's what's new

Technology1 year ago

Google Maps just got another update, here’s what’s new

Google Maps Immersive view Google Google Maps is expanding preexisting features and unveiling some new ones, according to a Thursday announcement. The company said artificial intelligence...

PS5 is fully stocked for first time and on track for record sales this year, top Sony exec says

Technology1 year ago

PS5 is fully stocked for first time and on track for record sales this year, top Sony exec says

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images The PlayStation 5 is fully stocked in stores around the world...

Meta beats on top and bottom line as revenue jumps 23%

Technology1 year ago

Meta beats on top and bottom line as revenue jumps 23%

Meta reported better-than-expected results for the third quarter as revenue increased 23%, the fastest rate of growth since 2021. The stock rose about 4% in extended...

Meta’s Reality Labs loses .7 billion in third quarter as Zuckerberg's big bet keeps bleeding cash

Technology1 year ago

Meta’s Reality Labs loses $3.7 billion in third quarter as Zuckerberg’s big bet keeps bleeding cash

Mark Zuckerberg, CEO of Meta Platforms, demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle...

IBM software sales up 8% as the company beats on top and bottom lines

Technology1 year ago

IBM software sales up 8% as the company beats on top and bottom lines

Arvind Krishna, IBM’s chair and CEO, during an interview in New York on May 1, 2023. Christopher Goodney | Bloomberg | Getty Images IBM shares rose...

Meta's harmful effects on children is one issue that unites Republicans and Democrats

Technology1 year ago

Meta’s harmful effects on children is one issue that unites Republicans and Democrats

Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority...

Apple will reportedly release a bunch of new AirPods next year

Technology1 year ago

Apple will reportedly release a bunch of new AirPods next year

Apple AirPods Max Todd Haselton | CNBC Apple plans to release new versions of several AirPods models next year, according to a report from Bloomberg. Apple’s...

Apple subscriptions just got more expensive. Here's how to save money

Technology1 year ago

Apple subscriptions just got more expensive. Here’s how to save money

Getty Images Apple raised the price of Apple TV+, Apple One and a number of its other subscription services Wednesday. If you are an existing subscriber,...

Amazon's focus on speed, surveillance drives higher warehouse worker injuries, study finds

Technology1 year ago

Amazon’s focus on speed, surveillance drives higher warehouse worker injuries, study finds

An employee looks for items in one of the corridors at an Amazon warehouse. Carlos Jasso | Reuters Amazon warehouse workers are suffering physical injuries and...

Alphabet's stock is having its worst day in a year after cloud revenue missed estimates

Technology1 year ago

Alphabet’s stock is having its worst day in a year after cloud revenue missed estimates

Google CEO Sundar Pichai. Getty Images Alphabet shares fell the most in a year on Wednesday after revenue in the company’s Google Cloud unit trailed analyst...

Meta to report third-quarter earnings after the bell

Technology1 year ago

Meta to report third-quarter earnings after the bell

Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds...

Sam Bankman-Fried to testify in FTX fraud trial, attorney says

Technology1 year ago

Sam Bankman-Fried to testify in FTX fraud trial, attorney says

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New...

Apple raises price of Apple TV+ to .99 a month

Technology1 year ago

Apple raises price of Apple TV+ to $9.99 a month

Apple on Wednesday raised the prices for a number of its flagship services offerings, including Apple TV+, Arcade, and its bundled offering, Apple One. The move...

News IO

Amazon’s cloud group becomes more profitable but misses on top line

Amazon’s advertising revenue tops $12 billion in the third quarter

‘Grandpa Google’: Search head testifies that young users see it as out of style

Uber begins offering rides in self-driving Waymo cars

Meta shares dip following cautious commentary about unrest in the Middle East

Humanity could ‘lose control’ of AI, UK PM warns, as Britain seeks leading role in the tech

Kids are attending pro-Palestine protests on Roblox

Google Maps just got another update, here’s what’s new

PS5 is fully stocked for first time and on track for record sales this year, top Sony exec says

Meta beats on top and bottom line as revenue jumps 23%

Meta’s Reality Labs loses $3.7 billion in third quarter as Zuckerberg’s big bet keeps bleeding cash

IBM software sales up 8% as the company beats on top and bottom lines

Meta’s harmful effects on children is one issue that unites Republicans and Democrats

Apple will reportedly release a bunch of new AirPods next year

Apple subscriptions just got more expensive. Here’s how to save money

Amazon’s focus on speed, surveillance drives higher warehouse worker injuries, study finds

Alphabet’s stock is having its worst day in a year after cloud revenue missed estimates

Meta to report third-quarter earnings after the bell

Sam Bankman-Fried to testify in FTX fraud trial, attorney says

Apple raises price of Apple TV+ to $9.99 a month

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