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Technology

Technology

Databricks announces $10 billion financing at $62 billion valuation

Databricks, one of the most valuable privately held companies, announced a $10 billion financing on Tuesday that values the software maker at $62 billion. ...

by admin December 17, 2024
Databricks announces  billion financing at  billion valuation
Technology

Nvidia falls deeper into correction territory, Broadcom reverses earlier gains to tick lower

Nvidia shares closed down more than 1% on Tuesday, as Broadcom shares reversed earlier gains to also move lower. On Monday, Nvidia entered correction...

by admin December 17, 2024
Nvidia falls deeper into correction territory, Broadcom reverses earlier gains to tick lower
Technology

Waymo to begin testing in Tokyo, its first international destination

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced...

by admin December 17, 2024
Waymo to begin testing in Tokyo, its first international destination
Technology

China wants to dominate in AI — and some of its models are already beating their U.S. rivals

China is focusing on large language models (LLMs) in the artificial intelligence space.  Blackdovfx | Istock | Getty Images China’s attempts to dominate the...

by admin December 16, 2024
China wants to dominate in AI — and some of its models are already beating their U.S. rivals
Technology

Super Micro slides 8% after stock is dropped from Nasdaq 100

Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images...

by admin December 16, 2024
Super Micro slides 8% after stock is dropped from Nasdaq 100
Technology

MicroStrategy’s Michael Saylor says bitcoin is ‘cyber Manhattan’ — a ‘good investment’ even at the top

CFOTO | Nurphoto | Getty Images Michael Saylor compared bitcoin to New York City and its economy on Monday as the cryptocurrency rose to...

by admin December 16, 2024
MicroStrategy's Michael Saylor says bitcoin is 'cyber Manhattan' — a 'good investment' even at the top
Technology

Why the U.S. government is saying all citizens should use end-to-end encrypted messaging

Think twice before sending your next text message. Or better yet, make sure you are using an end-to-end encryption method. Consumers regularly use different...

by admin December 15, 2024
Why the U.S. government is saying all citizens should use end-to-end encrypted messaging
Technology

How China’s satellite megaprojects are challenging Elon Musk’s Starlink

China faces a tall order in its efforts to catch up to Elon Musk’s SpaceX satellite service. SpaceX’s Starlink already has nearly 7,000 operational...

by admin December 15, 2024
How China's satellite megaprojects are challenging Elon Musk's Starlink
Technology

Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role

President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company’s headquarters to the United States from Singapore...

by admin December 14, 2024
Broadcom's long and winding path to the trillion-dollar club, and how Trump played a role
Technology

Former OpenAI researcher and whistleblower found dead at age 26

Jaque Silva | Nurphoto | Getty Images A 26-year-old former OpenAI researcher, Suchir Balaji, was found dead in his San Francisco apartment in recent...

by admin December 14, 2024
Former OpenAI researcher and whistleblower found dead at age 26
Technology

Tech companies most threatened by Trump are donating to his inauguration fund

 U.S. President-elect Donald Trump smiles at the crowd during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington...

by admin December 13, 2024
Tech companies most threatened by Trump are donating to his inauguration fund
Technology

OpenAI emails show Elon Musk wanted for-profit structure in 2017

The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and...

by admin December 13, 2024
OpenAI emails show Elon Musk wanted for-profit structure in 2017
Technology

Apple and Google instructed by House committee to prepare to dump TikTok next month

A supporter holds up a sign that read “TikTok” during a news conference on TikTok in front of the U.S. Capitol in Washington, D.C.,...

by admin December 13, 2024
Apple and Google instructed by House committee to prepare to dump TikTok next month
Technology

Broadcom stock closes up 24%, pushing company past $1 trillion market cap for the first time

A sign is posted in front of a Broadcom office in San Jose, California, on Dec. 12, 2024. Justin Sullivan | Getty Images Shares of...

by admin December 13, 2024
Broadcom stock closes up 24%, pushing company past  trillion market cap for the first time
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
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