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Technology

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
Technology

Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team

Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell...

by admin April 30, 2024
Technology

Intel unveils latest AI chip as Nvidia competition heats up

Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC...

by admin April 9, 2024
Technology

Singapore tech salaries mostly fell in 2023, but these jobs saw wages jump

Young Group Of Professionals Developing Business Strategy and Providing The Business Plan Pekic | E+ | Getty Images SINGAPORE — Tech salaries in Singapore...

by admin April 9, 2024
Singapore tech salaries mostly fell in 2023, but these jobs saw wages jump
Technology

Tesla settles lawsuit over Autopilot crash that killed Apple engineer

A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018.  S. Engleman | Via...

by admin April 8, 2024
Tesla settles lawsuit over Autopilot crash that killed Apple engineer
Technology

Eco-friendly startups are turning to treeless toilet paper

Toilet paper wipes out thousands of acres of Canadian forest each year, and demand for it is growing. So too is the demand for...

by admin April 8, 2024
Eco-friendly startups are turning to treeless toilet paper
Technology

Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms,...

by admin April 8, 2024
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Technology

Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024

Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022.  Mike Blake |...

by admin April 7, 2024
Ripple CEO predicts crypto market will double in size to  trillion by the end of 2024
Technology

Oracle’s Larry Ellison thinks every government will want to build a ‘sovereign’ AI cloud in the future

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty...

by admin April 7, 2024
Oracle's Larry Ellison thinks every government will want to build a 'sovereign' AI cloud in the future
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