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Technology

Technology

Amazon beats on fourth-quarter revenue but provides light guidance

Amazon on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours,...

by admin February 2, 2023
Amazon beats on fourth-quarter revenue but provides light guidance
Technology

Alphabet misses on earnings and revenue as YouTube falls short

Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4%...

by admin February 2, 2023
Alphabet misses on earnings and revenue as YouTube falls short
Technology

Chip stocks rally on optimistic AMD earnings and Fed’s signal that inflation is easing

AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las...

by admin February 1, 2023
Chip stocks rally on optimistic AMD earnings and Fed's signal that inflation is easing
Technology

Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg’s metaverse bet gets pricier

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York, US,...

by admin February 1, 2023
Meta lost .7 billion on Reality Labs in 2022 as Zuckerberg's metaverse bet gets pricier
Technology

Facebook-parent Meta announces $40 billion stock buyback

Facebook’s CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images...

by admin February 1, 2023
Facebook-parent Meta announces  billion stock buyback
Technology

Meta shares soar almost 20% on fourth-quarter revenue beat

Meta shares popped in extended trading on Wednesday after the company reported fourth-quarter revenue that topped estimates and announced a $40 billion stock buyback....

by admin February 1, 2023
Meta shares soar almost 20% on fourth-quarter revenue beat
Technology

Google is asking employees to test potential ChatGPT competitors, including a chatbot called ‘Apprentice Bard’

A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is...

by admin February 1, 2023
Google is asking employees to test potential ChatGPT competitors, including a chatbot called 'Apprentice Bard'
Technology

Indonesia’s seafood farming industry faces a ‘technology gap’ — and startups are raising big bucks to fill it

A worker refills a robotic dispenser by eFishery, an agritech startup, at a fish farm in Subang Regency in West Java, Indonesia, in June...

by admin February 1, 2023
Indonesia's seafood farming industry faces a 'technology gap' — and startups are raising big bucks to fill it
Technology

Why AMD is faring much better than Intel in the same tough economy

Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD). Bridget Bennett | Bloomberg | Getty Images AMD and Intel are...

by admin February 1, 2023
Why AMD is faring much better than Intel in the same tough economy
Technology

Amazon layoffs hit workers in robotics, grocery, health and AWS divisions

The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees...

by admin January 31, 2023
Amazon layoffs hit workers in robotics, grocery, health and AWS divisions
Technology

Everyone’s watching Meta’s earnings report for a hint at how online ads are doing

Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Wall Street’s...

by admin January 30, 2023
Everyone's watching Meta's earnings report for a hint at how online ads are doing
Technology

Apple’s expected to post its first revenue decline since 2019 on Thursday

Apple CEO Tim Cook speaks at an Apple special event at Apple Park in Cupertino, California on September 7, 2022. – Apple is expected...

by admin January 30, 2023
Apple's expected to post its first revenue decline since 2019 on Thursday
Technology

Folding iPad will launch in 2024, top Apple analyst Kuo says

The world’s biggest iPhone factory, located in China and run by Foxconn, faced disruptions in 2022. That is likely to filter through to Apple’s...

by admin January 30, 2023
Folding iPad will launch in 2024, top Apple analyst Kuo says
Technology

How the Supreme Court could soon change free speech on the internet

Bloomberg Creative | Bloomberg Creative Photos | Getty Images When Elon Musk announced his offer to buy Twitter for more than $40 billion, he...

by admin January 30, 2023
How the Supreme Court could soon change free speech on the internet
Technology

Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges

Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New...

by admin January 28, 2023
Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges
Technology

Amazon to start charging delivery fees on Fresh grocery orders under $150

Brendan McDermid | Reuters Amazon previously guaranteed members of its $139-a-year Prime service free delivery on Fresh orders over $35. “This service fee will...

by admin January 27, 2023
Amazon to start charging delivery fees on Fresh grocery orders under 0
Technology

Tesla just had its best week since May 2013

Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022....

by admin January 27, 2023
Tesla just had its best week since May 2013
Technology

The DOJ’s antitrust case against Google is ambitious but risky

CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images The Department of...

by admin January 27, 2023
The DOJ's antitrust case against Google is ambitious but risky
Technology

Intel’s horrible quarter revealed an inventory glut and underused factories

Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio,...

by admin January 26, 2023
Intel's horrible quarter revealed an inventory glut and underused factories
Technology

Intel shares drop on weak quarterly results and expectations for another quarter of losses

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation,...

by admin January 26, 2023
Intel shares drop on weak quarterly results and expectations for another quarter of losses
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