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Technology

Technology

Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO

A view of Google Headquarters in Mountain View, California, United States on April 16, 2024.  Tayfun Coskun | Anadolu | Getty Images Eli Lilly...

by admin June 5, 2024
Alphabet taps Eli Lilly's Anat Ashkenazi as new CFO
Technology

Australia drops case against Elon Musk’s social media platform X over church stabbing footage

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton...

by admin June 5, 2024
Australia drops case against Elon Musk's social media platform X over church stabbing footage
Technology

Amazon’s first U.S. labor union moves to affiliate with Teamsters

Amazon workers arrive with paperwork to unionize at the National Labor Relations Board office in Brooklyn, New York, Oct. 25, 2021. Brendan Mcdermid |...

by admin June 4, 2024
Amazon's first U.S. labor union moves to affiliate with Teamsters
Technology

Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics...

by admin June 4, 2024
Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
Technology

Current and former OpenAI employees warn of AI’s ‘serious risks’ and lack of oversight

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP...

by admin June 4, 2024
Current and former OpenAI employees warn of AI's 'serious risks' and lack of oversight
Technology

Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May...

by admin June 4, 2024
Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
Technology

Bitcoin miners sink millions into AI businesses, seeking billions in return

Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina Carey McKelvey AUSTIN — For five years, bitcoin miner Core Scientific has...

by admin June 4, 2024
Bitcoin miners sink millions into AI businesses, seeking billions in return
Technology

Google cuts at least 100 jobs across fast-growing cloud unit, sources say

Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images...

by admin June 3, 2024
Google cuts at least 100 jobs across fast-growing cloud unit, sources say
Technology

Microsoft confirms layoffs in mixed reality but will keep selling HoloLens 2 headsets

Microsoft CEO Satya Nadella speaks at a media briefing at the company’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg...

by admin June 3, 2024
Microsoft confirms layoffs in mixed reality but will keep selling HoloLens 2 headsets
Technology

Khosla Ventures backs weather balloon startup that uses AI to upend forecasts

This summer is expected to be one of the busiest hurricane seasons in history, according to the annual forecast from the National Oceanic and...

by admin June 3, 2024
Khosla Ventures backs weather balloon startup that uses AI to upend forecasts
Technology

Digital bank Monzo posts first full year of profit after more than doubling revenue

A Monzo debit card being used at a payment terminal. Monzo Monzo, the British digital challenger bank, on Monday reported its first full year...

by admin June 3, 2024
Digital bank Monzo posts first full year of profit after more than doubling revenue
Technology

AMD announces new AI chips amid intensifying competition with Nvidia, Intel

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the AMD Advancing AI event in San Jose, California, US,...

by admin June 3, 2024
AMD announces new AI chips amid intensifying competition with Nvidia, Intel
Technology

Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year

Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and underserved” market of some 2.8 million British “digital...

by admin June 3, 2024
Bunq, the .8 billion European neobank, hopes to secure license for UK expansion this year
Technology

Nvidia announces new AI chips months after latest launch as market competition heats up

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday,...

by admin June 2, 2024
Nvidia announces new AI chips months after latest launch as market competition heats up
Technology

Software stocks got pummeled this week after a cluster of troubling earnings reports

Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s...

by admin June 1, 2024
Software stocks got pummeled this week after a cluster of troubling earnings reports
Technology

Binance’s ex-CEO begins prison sentence in California

Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024. Jason Redmond | AFP | Getty Images Binance’s billionaire...

by admin May 31, 2024
Binance's ex-CEO begins prison sentence in California
Technology

Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s recent annual shareholder...

by admin May 31, 2024
Warren Buffett is worried about potential for 'huge losses' in booming, but still tiny insurance market
Technology

Shares of Dell fall 18% as AI servers are sold at ‘near-zero margins’

Dell Technologies CEO Michael Dell speaks during the MWC session ‘New strategies for a new era’ on the first day of the 18th edition...

by admin May 31, 2024
Shares of Dell fall 18% as AI servers are sold at 'near-zero margins'
Technology

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in Paris, France, on May...

by admin May 31, 2024
France is aiming to become a global AI superpower — but not without help from U.S. Big Tech
Technology

MongoDB shares sink 23% after management trims guidance

MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 26% in extended trading on Thursday after the database software...

by admin May 30, 2024
MongoDB shares sink 23% after management trims guidance
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