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Technology

Technology

FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, both with ties to Stanford

The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was...

by admin February 15, 2023
FTX founder Sam Bankman-Fried's two bond guarantors unsealed, both with ties to Stanford
Technology

Founder who sold his startup to Google says the company has lost its mission, is mismanaged and has no sense of urgency

The Google logo is displayed at Google headquarters on February 02, 2023 in Mountain View, California. Justin Sullivan | Getty Images A former Google...

by admin February 15, 2023
Founder who sold his startup to Google says the company has lost its mission, is mismanaged and has no sense of urgency
Technology

Microsoft’s Bing A.I. made several factual errors in last week’s launch demo

Microsoft CEO Satya Nadella Jordan Novet | CNBC During last week’s chatbot hype, with Microsoft and Google attempting to outduel each other in showcasing...

by admin February 14, 2023
Microsoft's Bing A.I. made several factual errors in last week's launch demo
Technology

Airbnb beats on profit and revenue, stock is up

Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company...

by admin February 14, 2023
Airbnb beats on profit and revenue, stock is up
Technology

Republican FTC Commissioner Wilson announces resignation, saying Chair Khan has a ‘disregard for the rule of law’

Christine Wilson, nominee to serve on the Federal Trade Commission, testifies during a Senate Commerce, Science, and Transportation Committee confirmation hearing in Hart Building...

by admin February 14, 2023
Republican FTC Commissioner Wilson announces resignation, saying Chair Khan has a 'disregard for the rule of law'
Technology

Tesla board member says Musk doesn’t mind bankruptcy if a rival builds a better car: ‘That’s his philosophy’

Elon Musk remarked that he wouldn’t mind Tesla going bankrupt if it means a rival company builds a better car, according to a member...

by admin February 14, 2023
Tesla board member says Musk doesn't mind bankruptcy if a rival builds a better car: 'That's his philosophy'
Technology

China’s tech giants are launching ChatGPT clones — and Beijing is watching closely

Chinese technology giants over the past week have announced their intentions to launch ChatGPT-style products, joining the artificial intelligence arms race sparked by the...

by admin February 14, 2023
China's tech giants are launching ChatGPT clones — and Beijing is watching closely
Technology

Alphabet Chairman John Hennessy explains why Google was hesitant to put out its ChatGPT competitor

2 days ago Hennessy was speaking at a summit held by venture firm Celesta Capital in Mountain View, California. Hennessy has a long history...

by admin February 13, 2023
Alphabet Chairman John Hennessy explains why Google was hesitant to put out its ChatGPT competitor
Technology

Roomba maker iRobot to lay off about 7% of its workforce

A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Images Roomba maker iRobot on...

by admin February 13, 2023
Roomba maker iRobot to lay off about 7% of its workforce
Technology

Shares of Palantir pop as it reports first profitable quarter

A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial...

by admin February 13, 2023
Shares of Palantir pop as it reports first profitable quarter
Technology

Radioligand therapy, a ‘game-changer’ for cancer treatment, forces manufacturers to race against a ticking clock

Novartis manufacturing associate checking punches at compressing machine. Source: Novartis In 2010, a volcano erupted in Iceland. For Dr. Oliver Sartor, a cancer research...

by admin February 13, 2023
Radioligand therapy, a 'game-changer' for cancer treatment, forces manufacturers to race against a ticking clock
Technology

Elon Musk’s Neuralink is under investigation for possible unsafe transport of contaminated hardware

Elon Musk’s brain-computer interface company Neuralink is being investigated by the U.S. Department of Transportation for allegedly packaging and transporting contaminated hardware in an...

by admin February 13, 2023
Elon Musk's Neuralink is under investigation for possible unsafe transport of contaminated hardware
Technology

Crypto markets are undergoing a ‘flight to quality,’ says Goldman Sachs digital assets chief

Last year’s havoc in the cryptocurrencies space has allowed for a “flight to quality” among crypto investors, Mathew McDermott, Goldman Sachs’ global head of...

by admin February 10, 2023
Crypto markets are undergoing a 'flight to quality,' says Goldman Sachs digital assets chief
Technology

Google employees criticize CEO Sundar Pichai for ‘rushed, botched’ announcement of GPT competitor Bard

Google employees are criticizing leadership, most notably CEO Sundar Pichai, for the way the company handled the announcement this week of its ChatGPT competitor...

by admin February 10, 2023
Google employees criticize CEO Sundar Pichai for ‘rushed, botched’ announcement of GPT competitor Bard
Technology

Bill Gates: Nuclear waste is not a reason to avoid nuclear energy

Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, speaks during the Earthshot Prize Innovation Summit in New York, US, on Wednesday, Sept....

by admin February 10, 2023
Bill Gates: Nuclear waste is not a reason to avoid nuclear energy
Technology

Amazon is the latest threat to Facebook as ad targeting suffers

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. ...

by admin February 10, 2023
Amazon is the latest threat to Facebook as ad targeting suffers
Technology

SEC commissioner Peirce publicly rebukes her agency, Gensler on crypto regulation

Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24,...

by admin February 9, 2023
SEC commissioner Peirce publicly rebukes her agency, Gensler on crypto regulation
Technology

PayPal CEO Dan Schulman to leave at end of 2023, company begins search for successor

Dan Schulman, CEO of Paypal, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerard Miller...

by admin February 9, 2023
PayPal CEO Dan Schulman to leave at end of 2023, company begins search for successor
Technology

Lyft shares tank 30% after company issues weak guidance

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama...

by admin February 9, 2023
Lyft shares tank 30% after company issues weak guidance
Technology

Yahoo to lay off 20% of staff by year-end, beginning this week

Noah Berger | Bloomberg | Getty Images Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000...

by admin February 9, 2023
Yahoo to lay off 20% of staff by year-end, beginning this week
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