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Technology

Technology

Super Micro shares plummet 18% after financial update heightens investor concerns

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade...

by admin November 6, 2024
Super Micro shares plummet 18% after financial update heightens investor concerns
Technology

Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Perplexity AI logo is seen in this illustration taken January 4, 2024.  Dado Ruvic | Reuters Perplexity AI, the artificial-intelligence search engine startup, is in...

by admin November 5, 2024
Perplexity AI in final stages of raising 0 million round at  billion valuation
Technology

Bitcoin jumps above $71,000 as U.S. presidential election winds down

Manuel Augusto Moreno | Moment | Getty Images Cryptocurrencies were higher Tuesday evening as investors waited for direction on the potential outcome of the...

by admin November 5, 2024
Bitcoin jumps above ,000 as U.S. presidential election winds down
Technology

Amazon CEO Andy Jassy denies that 5-day office mandate is a ‘backdoor layoff’

Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November...

by admin November 5, 2024
Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'
Technology

Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg |...

by admin November 5, 2024
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Technology

Meta extends ban on new political ads past Election Day

Meta’s Mark Zuckerberg plans to visit South Korea, scheduling key meetings during the trip, according to a statement by Meta on Wednesday, which did...

by admin November 4, 2024
Meta extends ban on new political ads past Election Day
Technology

Marqeta shares plunge more than 30% on big forecast miss

Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021. Source: The Nasdaq Marqeta shares tumbled more than 30% in extended...

by admin November 4, 2024
Marqeta shares plunge more than 30% on big forecast miss
Technology

Palantir shares surge on rosy revenue outlook

Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David...

by admin November 4, 2024
Palantir shares surge on rosy revenue outlook
Technology

The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty...

by admin November 4, 2024
The Dow needs Nvidia to give chipmakers representation in index after Intel's plunge
Technology

Affirm expands buy now, pay later service to the UK, heating up local competition

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn...

by admin November 4, 2024
Affirm expands buy now, pay later service to the UK, heating up local competition
Technology

Google’s cloud outpaces rivals in third quarter as AI battle heats up

Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase...

by admin November 2, 2024
Google's cloud outpaces rivals in third quarter as AI battle heats up
Technology

Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with...

by admin November 1, 2024
Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel
Technology

Super Micro’s 45% plunge this week wipes out stock’s gains for the year

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade...

by admin November 1, 2024
Super Micro's 45% plunge this week wipes out stock's gains for the year
Technology

Apple to buy Pixelmator, the iPhone image editing app with AI features

Peopl walk outside Steve Jobs Theater at the Apple Park campus before Apple’s “It’s Glowtime” event in Cupertino, California, on Sept. 9, 2024. Nic...

by admin November 1, 2024
Apple to buy Pixelmator, the iPhone image editing app with AI features
Technology

Amazon shares jump 6% after earnings beat

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty...

by admin November 1, 2024
Amazon shares jump 6% after earnings beat
Technology

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024.  Timothy A. Clary | Afp...

by admin November 1, 2024
Apple's services unit is now a 0 billion a year juggernaut after 'phenomenal' growth
Technology

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy...

by admin November 1, 2024
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Technology

Amazon’s cloud unit records highest profit margin in at least a decade

Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal’s Tech Live conference in Laguna Beach, California, on Oct. 21, 2024....

by admin October 31, 2024
Amazon's cloud unit records highest profit margin in at least a decade
Technology

Amazon’s advertising business grew 19% in the third quarter

Dominika Zarzycka | Nurphoto | Getty Images Amazon’s online advertising business brought in $14.3 billion in the third quarter, up 19% year over year,...

by admin October 31, 2024
Amazon's advertising business grew 19% in the third quarter
Technology

Samsung Electronics’ chip profit shrinks 40% from the previous quarter

Customers shop at a Samsung mobile store inside a shopping mall in New Delhi. Reuters | Anindito Mukherjee Samsung Electronics on Thursday reported third-quarter...

by admin October 31, 2024
Samsung Electronics' chip profit shrinks 40% from the previous quarter
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