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Technology

Technology

Broadcom shares rise 13% on profit beat, ‘massive’ opportunity in AI

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported better-than-expected fourth-quarter earnings on Thursday and said artificial intelligence revenue for the year more...

by admin December 12, 2024
Broadcom shares rise 13% on profit beat, 'massive' opportunity in AI
Technology

Adobe shares suffer steepest drop in over two years on disappointing revenue guidance

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan...

by admin December 12, 2024
Adobe shares suffer steepest drop in over two years on disappointing revenue guidance
Technology

ServiceTitan pops 42% in cloud software vendor’s Nasdaq debut after selling shares at $71

ServiceTitan shares popped 42% in their Nasdaq debut on Thursday after the provider of cloud software to contractors raised around $625 million in its...

by admin December 12, 2024
ServiceTitan pops 42% in cloud software vendor’s Nasdaq debut after selling shares at
Technology

Texas House introduces bill to establish a strategic bitcoin reserve

Legislation was introduced in the Texas House of Representatives on Thursday to establish a strategic bitcoin reserve, which could serve as a proving ground for the U.S....

by admin December 12, 2024
Texas House introduces bill to establish a strategic bitcoin reserve
Technology

OpenAI says ChatGPT suffers outage, company working on fix

OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola...

by admin December 12, 2024
OpenAI says ChatGPT suffers outage, company working on fix
Technology

ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings

Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan. ServiceTitan ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71...

by admin December 12, 2024
ServiceTitan prices IPO at , above expected range, after slow stretch for tech offerings
Technology

Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs...

by admin December 11, 2024
Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Technology

Facebook, Instagram and other Meta apps go down due to ‘technical issue’

Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg...

by admin December 11, 2024
Facebook, Instagram and other Meta apps go down due to 'technical issue'
Technology

GM exits robotaxi market, will bring Cruise operations in house

After spending more than $10 billion on its robotaxi unit, General Motors is abandoning its Cruise driverless ride-hailing service. The Detroit automaker on Tuesday...

by admin December 10, 2024
GM exits robotaxi market, will bring Cruise operations in house
Technology

Alphabet shares jump 6% after Google touts ‘breakthrough’ quantum chip

A person shows Google Quantum AI’s “Willow” chip, in this undated handout photo obtained by Reuters on December 6, 2024.  Google | Via Reuters...

by admin December 10, 2024
Alphabet shares jump 6% after Google touts 'breakthrough' quantum chip
Technology

Michael Saylor’s case for Microsoft buying bitcoin gets rejected by shareholders

Michael Saylor, the billionaire bitcoin investor who turned the company he co-founded, MicroStrategy, into a high-risk proxy for the cryptocurrency, has been encouraging Microsoft...

by admin December 10, 2024
Michael Saylor's case for Microsoft buying bitcoin gets rejected by shareholders
Technology

Oracle shares suffer steepest drop of 2024 after earnings miss

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1,...

by admin December 10, 2024
Oracle shares suffer steepest drop of 2024 after earnings miss
Technology

Tesla sued by deceased driver’s family over ‘fraudulent misrepresentation’ of Autopilot safety

Tesla Supercharger stations are seen in a parking lot in Austin, Texas, on Sept. 16, 2024. Brandon Bell | Getty Images Tesla is being...

by admin December 10, 2024
Tesla sued by deceased driver’s family over 'fraudulent misrepresentation' of Autopilot safety
Technology

Oracle shares slide on earnings and revenue miss, disappointing forecast

Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan |...

by admin December 9, 2024
Oracle shares slide on earnings and revenue miss, disappointing forecast
Technology

Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers

Sasan Goodarzi, president and CEO of Intuit Inc. and Andy Jassy, CEO of Amazon. David Paul Morris | Bloomberg | Getty Images Amazon has...

by admin December 9, 2024
Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers
Technology

OpenAI releases Sora, its buzzy AI video-generation tool

OpenAI said Monday it’s releasing its buzzy AI video-generation tool, Sora, later in the day. The AI video-generation model works similarly to OpenAI’s image-generation...

by admin December 9, 2024
OpenAI releases Sora, its buzzy AI video-generation tool
Technology

President-elect Trump says Ukraine to ‘possibly’ receive less military aid

U.S. President-elect Donald Trump attends a meeting with Britain’s Prince William (not pictured) at the residence of the British ambassador to France, on the...

by admin December 8, 2024
President-elect Trump says Ukraine to 'possibly' receive less military aid
Technology

The weight-loss drug boom has become one of the internet’s biggest scams

A production line of Wegovy injection pens for the Asian market at the Novo Nordisk A/S pharmaceutical manufacturing facility in Hillerod, Denmark, on Wednesday,...

by admin December 8, 2024
The weight-loss drug boom has become one of the internet's biggest scams
Technology

What’s next for Meta’s metaverse

In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and...

by admin December 7, 2024
What's next for Meta's metaverse
Technology

Super Micro gets Nasdaq listing extension, says it can file financials by February

The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Embattled server maker...

by admin December 6, 2024
Super Micro gets Nasdaq listing extension, says it can file financials by February
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