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Technology

Technology

EU seeks information from X on content moderation amid first major probe under new tech rules

Jonathan Raa | Nurphoto | Getty Images The European Union is seeking information from social media platform X about cuts to its content moderation...

by admin May 8, 2024
EU seeks information from X on content moderation amid first major probe under new tech rules
Technology

Shopify shares plunge 18% on weak guidance

Shopify shares tumbled 18% on Wednesday, shaving almost $20 billion off the company’s value, after the company gave revenue and profit guidance for the...

by admin May 8, 2024
Shopify shares plunge 18% on weak guidance
Technology

Uber reports first-quarter results that beat expectations for revenue, but posts net loss

Uber reported first-quarter results Wednesday that came in slightly above analysts’ estimates for revenue, but the ride-hailing company posted an unexpected net loss. Shares...

by admin May 8, 2024
Uber reports first-quarter results that beat expectations for revenue, but posts net loss
Technology

FTX says most customers of the bankrupt crypto exchange will get all their money back

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg...

by admin May 8, 2024
FTX says most customers of the bankrupt crypto exchange will get all their money back
Technology

Tesla must provide NHTSA with Autopilot recall data by July or face up to $135 million in fines

Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images The National...

by admin May 7, 2024
Tesla must provide NHTSA with Autopilot recall data by July or face up to 5 million in fines
Technology

Reddit shares soar 14% after company reports revenue pop in debut earnings report

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21,...

by admin May 7, 2024
Reddit shares soar 14% after company reports revenue pop in debut earnings report
Technology

Food startup Hungryroot uses AI to reduce waste, a major climate offender

Food waste is so prolific in the U.S. that roughly one-third of the amount produced ends up in landfills rather than in stomachs. That...

by admin May 7, 2024
Food startup Hungryroot uses AI to reduce waste, a major climate offender
Technology

Tesla Chairwoman Robyn Denholm has sold over $50 million worth of stock in 2024

Robyn Denholm, chairman of Tesla Inc., speaks during an American Chamber of Commerce in Australia event in Sydney, Australia, on Wednesday, March 27, 2019....

by admin May 7, 2024
Tesla Chairwoman Robyn Denholm has sold over  million worth of stock in 2024
Technology

From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry

Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. Mike Segar | Reuters |...

by admin May 5, 2024
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
Technology

Apple remains Buffett’s biggest public stock holding, but his thesis about its moat faces questions

Tim Cook and Warren Buffett Getty Images (L) | CNBC (R) Berkshire Hathaway‘s Warren Buffett was still using a flip phone as late as...

by admin May 3, 2024
Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questions
Technology

Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback

Apple’s CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardo | AFP  | Getty Images Apple shares...

by admin May 3, 2024
Apple stock has best day since 2022 after earnings beat, 0 billion stock buyback
Technology

AI engineers report burnout and rushed rollouts as ‘rat race’ to stay competitive hits tech industry

A picture shows logos of the big technology companies named GAFAM, for Google, Apple, Facebook, Amazon and Microsoft, in Mulhouse, France, on June 2,...

by admin May 3, 2024
AI engineers report burnout and rushed rollouts as 'rat race' to stay competitive hits tech industry
Technology

Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing

A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for half its revenue. But...

by admin May 3, 2024
Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing
Technology

Block shares jump on better-than-expected first-quarter results

Dado Ruvic | Reuters Block reported first-quarter earnings after the bell Thursday that exceeded analysts’ estimates. The stock rose more than 7% in extended...

by admin May 2, 2024
Block shares jump on better-than-expected first-quarter results
Technology

Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit

A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic...

by admin May 2, 2024
Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit
Technology

Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple shares climbed 7% in extended trading on Thursday after the iPhone maker reported fiscal second-quarter earnings that topped estimates and announced an expanded...

by admin May 2, 2024
Apple announces largest-ever 0 billion share buyback as iPhone sales drop 10%
Technology

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy...

by admin May 2, 2024
Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
Technology

UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack

Omar Marques | Lightrocket | Getty Images UnitedHealth Group CEO Andrew Witty on Wednesday told lawmakers that data from an estimated one-third of Americans...

by admin May 1, 2024
UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack
Technology

Masimo’s billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight

Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017.  Manjunath Kiran | Afp | Getty Images...

by admin May 1, 2024
Masimo's billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight
Technology

Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones

Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas,...

by admin May 1, 2024
Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
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