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Technology

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
Technology

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6,...

by admin October 31, 2024
Microsoft CFO says OpenAI investment will cut into profit this quarter
Technology

Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI

Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris...

by admin October 31, 2024
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
Technology

EBay stock sinks after lackluster Q4 guidance, election distraction

A sign is posted in front of eBay headquarters in San Jose, California.  Justin Sullivan | Getty Images Shares of eBay slumped about 9%...

by admin October 30, 2024
EBay stock sinks after lackluster Q4 guidance, election distraction
Technology

Google’s new CFO makes earnings call debut, says company can ‘push a little further’ on cost cuts

Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly For nine years, the CFO role at Google and parent...

by admin October 30, 2024
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
Technology

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

Sam Altman, CEO of OpenAI, at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David A. Grogan...

by admin October 29, 2024
Sam Altman’s Reddit stake now worth over  billion after post-earnings pop
Technology

AMD shares fall as forecast fails to impress despite strong AI growth

AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024.  Ann Wang | Reuters Advanced Micro Devices...

by admin October 29, 2024
AMD shares fall as forecast fails to impress despite strong AI growth
Technology

Snap shares jump 10% on profit beat, stock buyback

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Andrej Sokolow |...

by admin October 29, 2024
Snap shares jump 10% on profit beat, stock buyback
Technology

Bitcoin briefly tops $70,000 for the first time since June as investors await earnings, Election Day

Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days...

by admin October 28, 2024
Bitcoin briefly tops ,000 for the first time since June as investors await earnings, Election Day
Technology

Trump accuses Taiwan of stealing U.S. chip industry. Here’s what the election could bring

Former President Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on “The Joe Rogan Experience” podcast and accused Taiwan...

by admin October 28, 2024
Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring
Technology

Microsoft says Google is running ‘shadow campaigns’ in Europe to influence regulators

Google CEO Sundar Pichai and Microsoft CEO Satya Nadella Udit Kulshrestha and David Paul Morris | Bloomberg | Getty Images Microsoft took the unusual...

by admin October 28, 2024
Microsoft says Google is running 'shadow campaigns' in Europe to influence regulators
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