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Technology

Technology

Amazon to close eight Go convenience stores in cost-cutting move

After more than a year in beta, Amazon opened their cashier-less grocery store to the public Stephen Brashear | Getty Images Amazon plans to...

by admin March 3, 2023
Amazon to close eight Go convenience stores in cost-cutting move
Technology

Inside the fierce debate over clean hydrogen, with $100 billion in federal subsidies on the line

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process...

by admin March 3, 2023
Inside the fierce debate over clean hydrogen, with 0 billion in federal subsidies on the line
Technology

Meta announces big price cuts for its VR headsets

Meta will slash the prices of its Quest 2 and high-end Quest Pro headsets, the company announced Friday. The price of the 256GB Meta...

by admin March 3, 2023
Meta announces big price cuts for its VR headsets
Technology

Ericsson pleads guilty in U.S. to federal bribery violations, agrees to pay $206 million penalty

Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Swedish telecommunications...

by admin March 2, 2023
Ericsson pleads guilty in U.S. to federal bribery violations, agrees to pay 6 million penalty
Technology

Activist hedge fund manager Dan Loeb takes a passive stake in AMD

Third Point’s Dan Loeb has taken a passive stake in chipmaker AMD, sources told CNBC’s Scott Wapner. The hedge fund manager took the bet...

by admin March 2, 2023
Activist hedge fund manager Dan Loeb takes a passive stake in AMD
Technology

Salesforce records best day since 2020 after blowout earnings report

Marc Benioff, co-founder and CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington, DC, on Oct. 18, 2019. Nicholas Kamm...

by admin March 2, 2023
Salesforce records best day since 2020 after blowout earnings report
Technology

Tesla’s plan to slash silicon carbide use sends some chipmakers’ shares down

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick...

by admin March 2, 2023
Tesla's plan to slash silicon carbide use sends some chipmakers' shares down
Technology

Salesforce shares jump 16% on better-than-expected forecast

Marc Benioff, co-founder and CEO of Salesforce, speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Stefan Wermuth | Bloomberg...

by admin March 1, 2023
Salesforce shares jump 16% on better-than-expected forecast
Technology

Tesla stock falls more than 5% after hours as Investor Day falls short on specifics

Elon Musk speaks at Tesla’s 2023 investor day on March 1. Screenshot Electric vehicle maker Tesla hosted a 2023 Investor Day presentation in Austin,...

by admin March 1, 2023
Tesla stock falls more than 5% after hours as Investor Day falls short on specifics
Technology

Amazon Ring CEO steps down five years after acquisition

Devin Hance | CNBC Jamie Siminoff, the CEO of Amazon subsidiary Ring, is stepping down from the role later this month, the company announced...

by admin March 1, 2023
Amazon Ring CEO steps down five years after acquisition
Technology

Alphabet venture arm CapitalG names Laela Sturdy new head of firm, David Lawee steps aside

CapitalG partner Laela Sturdy is on track to be one of the year’s biggest investors. Photos courtesy of Laela Sturdy Alphabet’s growth stage venture...

by admin March 1, 2023
Alphabet venture arm CapitalG names Laela Sturdy new head of firm, David Lawee steps aside
Technology

Samsung is ‘working out’ a roadmap for mixed reality devices as rumors of an Apple headset swirl

Samsung is working out a roadmap for its mixed reality products, according to a senior executive. But Samsung has experimented with virtual technologies before....

by admin March 1, 2023
Samsung is 'working out' a roadmap for mixed reality devices as rumors of an Apple headset swirl
Technology

FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg...

by admin February 28, 2023
FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges
Technology

Chinese startup Realme launches $649 smartphone it says can be fully charged in just over 9 minutes

Chinese smartphone upstart Realme has looked to push into international markets with its flagship phones. But it is playing in the mid-priced segment of...

by admin February 28, 2023
Chinese startup Realme launches 9 smartphone it says can be fully charged in just over 9 minutes
Technology

China’s CCP warns Elon Musk against sharing Wuhan lab leak report

A Chinese state-run newspaper issued a warning to Tesla CEO Elon Musk after he shared reporting on the U.S. Department of Energy’s “low confidence”...

by admin February 28, 2023
China's CCP warns Elon Musk against sharing Wuhan lab leak report
Technology

Zoom shares jump on better-than-expected fourth-quarter results

Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom...

by admin February 27, 2023
Zoom shares jump on better-than-expected fourth-quarter results
Technology

Mark Zuckerberg announces new team at Meta working on A.I. products for Instagram, WhatsApp

Founder and CEO of US online social media and social networking service Facebook Mark Zuckerberg reacts upon his arrival for a meeting with European...

by admin February 27, 2023
Mark Zuckerberg announces new team at Meta working on A.I. products for Instagram, WhatsApp
Technology

After splitting with Kanye West, British audio startup Kano asks for funding

Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP British...

by admin February 27, 2023
After splitting with Kanye West, British audio startup Kano asks for funding
Technology

Elon Musk calls U.S. media and schools ‘racist against whites & Asians’

Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters Elon Musk, the CEO of SpaceX,...

by admin February 27, 2023
Elon Musk calls U.S. media and schools 'racist against whites & Asians'
Technology

Chinese smartphone giant Xiaomi takes aim at Samsung and Apple with latest $1,000 device

Xiaomi is trying to push into the high end of the smartphone market with the Xiaomi 13 Pro. It will pit the Chinese giant...

by admin February 26, 2023
Chinese smartphone giant Xiaomi takes aim at Samsung and Apple with latest ,000 device
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