Technology Archives - Page 126 of 206

Uber and Lyft shares rise after California court victory lets them classify drivers as contractors

Ride-sharing apps, including Uber and Lyft, can continue to treat their drivers as independent contractors, a California appeals court ruled on Monday, overturning a...

by admin March 14, 2023

Uber and Lyft shares rise after California court victory lets them classify drivers as contractors

Technology

GitLab loses one-third of its value after software company issues weak revenue forecast

People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq GitLab shares plunged as much as 38% in extended trading after...

by admin March 13, 2023

GitLab loses one-third of its value after software company issues weak revenue forecast

Technology

SVB crisis shows Fed needs to slow down or a ‘lot more stuff is going to break,’ Altimeter’s Gerstner says

As the fallout from Silicon Valley Bank‘s failure continues to unfold, the Federal Reserve needs to slow down before “a lot more stuff” breaks,...

by admin March 13, 2023

SVB crisis shows Fed needs to slow down or a 'lot more stuff is going to break,' Altimeter's Gerstner says

Technology

ChatGPT and generative AI are booming, but the costs can be extraordinary

OpenAI CEO Sam Altman speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, on February 7, 2023. Jason...

by admin March 13, 2023

ChatGPT and generative AI are booming, but the costs can be extraordinary

Technology

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

A delivery person drops off pizzas at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP |...

by admin March 13, 2023

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

Technology

SVB’s tech failings were a problem long before the bank run that led to its demise, critics say

Nikolas Kokovlis | Nurphoto | Getty Images Silicon Valley Bank’s historic meltdown last week was largely attributed to deteriorating business conditions in the firm’s...

by admin March 12, 2023

SVB's tech failings were a problem long before the bank run that led to its demise, critics say

Technology

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Banking regulators devised a plan Sunday to backstop depositors with money at Silicon Valley Bank, a critical step in stemming a feared systemic panic...

by admin March 12, 2023

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Technology

Hundreds of venture capital firms vow to work with Silicon Valley Bank again if new owner is found

A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images More...

by admin March 12, 2023

Hundreds of venture capital firms vow to work with Silicon Valley Bank again if new owner is found

Technology

Investors implore the government to step in after Silicon Valley Bank failure

Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley...

by admin March 11, 2023

Investors implore the government to step in after Silicon Valley Bank failure

Technology

Founders swarmed SVB’s Bay Area branches looking for answers after bank’s historic failure

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California....

by admin March 11, 2023

Founders swarmed SVB’s Bay Area branches looking for answers after bank's historic failure

Technology

Amazon’s drone business can’t get off the ground as regulations, weak demand stymie progress

David Carbon, vice president of Prime Air at Amazon.com Inc., speaks during the Delivering the Future event at the Amazon Robotics Innovation Hub in...

by admin March 11, 2023

Amazon's drone business can't get off the ground as regulations, weak demand stymie progress

Technology

Roku says 26% of its cash reserves are stuck in Silicon Valley Bank

A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq...

by admin March 10, 2023

Roku says 26% of its cash reserves are stuck in Silicon Valley Bank

Technology

Companies scramble to meet payroll, pay bills after SVB’s swift failure

Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images...

by admin March 10, 2023

Companies scramble to meet payroll, pay bills after SVB's swift failure

Technology

Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours

On Wednesday, Silicon Valley Bank was a well-capitalized institution seeking to raise some funds. Within 48 hours, a panic induced by the very venture...

by admin March 10, 2023

Here's how the second-biggest bank collapse in U.S. history happened in just 48 hours

Technology

Silicon Valley investors and founders express shock over SVB’s collapse, describe struggles to get money out

Nikolas Kokovlis | Nurphoto | Getty Images Venture capitalists and technology executives are scrambling to make sense of and account for the potential repercussions...

by admin March 10, 2023

Silicon Valley investors and founders express shock over SVB's collapse, describe struggles to get money out

Technology

Silicon Valley Bank’s struggles spell further trouble for beleaguered tech startup market

Silicon Valley Bank has long been considered the lifeblood for tech startups, providing traditional banking services while funding projects and companies deemed too risky...

by admin March 9, 2023

Silicon Valley Bank's struggles spell further trouble for beleaguered tech startup market

Technology

Oracle shares sink nearly 5% after third-quarter revenue miss

Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016. David...

by admin March 9, 2023

Oracle shares sink nearly 5% after third-quarter revenue miss

Technology

Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown

Omar Marques | Lightrocket | Getty Images 2 months ago 2 months ago “In light of recent industry and regulatory developments, Silvergate believes that...

by admin March 8, 2023

Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown

Technology

U.S. regulators investigating Tesla after steering wheels detach from two moving vehicles

A worker checks Tesla Model Y electric vehicles loaded onto a freight trailer at the Tesla Inc. Gigafactory in Gruenheide, Germany, on Saturday, Jan....

by admin March 8, 2023

U.S. regulators investigating Tesla after steering wheels detach from two moving vehicles

Technology

ChatGPT is being used to automatically write emails: Microsoft, Salesforce and TikTok creators are hopping on the trend

Jakub Porzycki | Nurphoto | Getty Images Artificial intelligence chatbots are already being used to write custom email pitches. This shows how AI such...

by admin March 8, 2023