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Technology

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
Technology

Twitter was down for about 90 minutes Wednesday, telling users they’d hit their daily limit on posts

Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images...

by admin February 8, 2023
Twitter was down for about 90 minutes Wednesday, telling users they'd hit their daily limit on posts
Technology

Robinhood board approves plan to buy back Sam Bankman-Fried’s $578 million stake

Rafael Henrique | Sopa Images | Lightrocket | Getty Images The board of directors of Robinhood has approved a plan to buy up to...

by admin February 8, 2023
Robinhood board approves plan to buy back Sam Bankman-Fried's 8 million stake
Technology

Affirm cuts 19% of workforce; shares tank on earnings miss

Affirm announced it’s cutting 19% of its workforce Wednesday. The news came as it reported second quarter earnings that fell below analyst estimates on...

by admin February 8, 2023
Affirm cuts 19% of workforce; shares tank on earnings miss
Technology

Alphabet shares fall 7% following Google’s A.I. event

Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson...

by admin February 8, 2023
Alphabet shares fall 7% following Google's A.I. event
Technology

Facebook co-founder Moskovitz funds research into cooling the Earth with sunlight reflection

This photograph taken on May 11, 2022 shows Shivaram, a villager walking through the cracked bottom of a dried-out pond on a hot summer...

by admin February 8, 2023
Facebook co-founder Moskovitz funds research into cooling the Earth with sunlight reflection
Technology

Ebay plans to lay off 500 employees, about 4% of its workforce

Ebay on Tuesday announced plans to cut 500 jobs, or about 4% of its workforce, according to a filing with the SEC. Shares of...

by admin February 7, 2023
Ebay plans to lay off 500 employees, about 4% of its workforce
Technology

Microsoft will let companies create their own custom versions of ChatGPT, source says

Microsoft plans to release software to help large companies create their own chatbots similar to ChatGPT, CNBC has learned. In the two months since...

by admin February 7, 2023
Microsoft will let companies create their own custom versions of ChatGPT, source says
Technology

Billionaire Tesla bull Ron Baron says Musk suggested he would make multiples on his $100 million Twitter investment

Billionaire Ron Baron said Tuesday that Tesla CEO Elon Musk suggested he would make multiples in return for his $100 million investment in Musk’s...

by admin February 7, 2023
Billionaire Tesla bull Ron Baron says Musk suggested he would make multiples on his 0 million Twitter investment
Technology

Google CEO issues rallying cry in internal memo: All hands on deck to test ChatGPT competitor Bard

Google CEO Sundar Pichai told employees Monday the company is going to need all hands on deck to test Bard, its new ChatGPT rival....

by admin February 6, 2023
Google CEO issues rallying cry in internal memo: All hands on deck to test ChatGPT competitor Bard
Technology

Google announces Bard A.I. in response to ChatGPT

CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto...

by admin February 6, 2023
Google announces Bard A.I. in response to ChatGPT
Technology

Crypto exchange Binance will suspend U.S. dollar transfers

Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday,...

by admin February 6, 2023
Crypto exchange Binance will suspend U.S. dollar transfers
Technology

ChatGPT’s ‘jailbreak’ tries to make the A.I. break its own rules, or die

ChatGPT sign displayed on OpenAI website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration...

by admin February 6, 2023
ChatGPT's 'jailbreak' tries to make the A.I. break its own rules, or die
Technology

Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy

Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration...

by admin February 5, 2023
Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy
Technology

Inside the ‘Wormhole,’ Relativity Space’s monster factory 3D-printing reusable rockets

The exterior of “The Wormhole” factory. Relativity Space LONG BEACH, California – It was a few days into the new year yet Relativity Space’s...

by admin February 4, 2023
Inside the 'Wormhole,' Relativity Space's monster factory 3D-printing reusable rockets
Technology

Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk...

by admin February 3, 2023
Jury finds Musk, Tesla not liable in securities fraud trial following 'funding secured' tweets
Technology

Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The 5 hours ago This time around, there’s far less champagne popping. Cost...

by admin February 3, 2023
Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021
Technology

Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet

Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At...

by admin February 3, 2023
Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet
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