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Technology

Technology

Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

Sopa Images | Lightrocket | Getty Images Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion,...

by admin November 20, 2024
Business spending on AI surged 500% this year to .8 billion, says Menlo Ventures
Technology

Nvidia nearly doubles revenue on strong AI demand

Nvidia reported third-quarter earnings that beat expectations for sales and earnings while delivering a better-than-expected forecast for the current quarter. The results show that...

by admin November 20, 2024
Nvidia nearly doubles revenue on strong AI demand
Technology

Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones

Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm said on Tuesday that...

by admin November 19, 2024
Qualcomm says it expects  billion in PC chip sales by 2029, as company gets traction beyond smartphones
Technology

Bitcoin ETF options begin trading, ushering in a new way for investors to hedge their bitcoin exposure

Jonathan Raa | Nurphoto | Getty Images Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a...

by admin November 19, 2024
Bitcoin ETF options begin trading, ushering in a new way for investors to hedge their bitcoin exposure
Technology

Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app

Michael Nagle | Bloomberg | Getty Images The stock prices for H&R Block and Intuit fell after a report Tuesday said Trump’s government efficiency...

by admin November 19, 2024
Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
Technology

Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing

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

by admin November 19, 2024
Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Technology

Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%

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 18, 2024
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Technology

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Kelly Steckelberg attends an Evening from the Heart LA 2022 Gala hosted by the John Ritter Foundation for Aortic Health at Valley Relics Museum...

by admin November 18, 2024
Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
Technology

Cloud software company ServiceTitan files to go public on Nasdaq

ServiceTitan offices in Draper, Utah. Google Earth ServiceTitan, a company that sells software to contractors such as plumbers and roofers, on Monday filed to...

by admin November 18, 2024
Cloud software company ServiceTitan files to go public on Nasdaq
Technology

Tesla stock pops after report Trump wants to relax U.S. self-driving rules

Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his...

by admin November 18, 2024
Tesla stock pops after report Trump wants to relax U.S. self-driving rules
Technology

European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The...

by admin November 17, 2024
European SpaceX rival raises 0 million for reusable capsule to carry astronauts, cargo to space
Technology

Palantir jumps 11% to a record after announcing move to Nasdaq

Alex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021. Andreas Rentz | Getty Images...

by admin November 15, 2024
Palantir jumps 11% to a record after announcing move to Nasdaq
Technology

Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock

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 15, 2024
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Technology

Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November...

by admin November 15, 2024
Elon Musk's xAI raising up to  billion to purchase 100,000 Nvidia chips for Memphis data center
Technology

Alibaba posts profit beat as China looks to prop up tepid consumer spend

Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but...

by admin November 15, 2024
Alibaba posts profit beat as China looks to prop up tepid consumer spend
Technology

Amazon was questioned by House China committee over ‘dangerous and unwise’ TikTok partnership

Amazon logo on a brick building exterior, San Francisco, California, August 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon...

by admin November 14, 2024
Amazon was questioned by House China committee over 'dangerous and unwise' TikTok partnership
Technology

Amazon launches fixed pricing for treatment of conditions such as hair loss. Hims & Hers stock drops 24%

A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon on Thursday announced...

by admin November 14, 2024
Amazon launches fixed pricing for treatment of conditions such as hair loss. Hims & Hers stock drops 24%
Technology

WikiLeaks whistleblower Chelsea Manning says censorship is still ‘a dominant threat’

Former U.S. Army intelligence analyst Chelsea Manning says censorship is still “a dominant threat,” advocating for a more decentralized internet to help better protect...

by admin November 14, 2024
WikiLeaks whistleblower Chelsea Manning says censorship is still 'a dominant threat'
Technology

SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch

Jaidev Janardana, CEO of U.K. digital bank Zopa. Zopa LISBON, Portugal — British online lender Zopa is on track to double profits and increase annual...

by admin November 14, 2024
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
Technology

X rival Bluesky gains 1.25 million users following U.S. election

In this photo illustration, the Bluesky Social logo is displayed on a cell phone in Rio de Janeiro, Brazil, on September 4, 2024.  Mauro...

by admin November 13, 2024
X rival Bluesky gains 1.25 million users following U.S. election
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