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Technology

Technology

Generative AI ‘FOMO’ is driving tech heavyweights to invest billions of dollars in startups

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan...

by admin March 30, 2024
Generative AI 'FOMO' is driving tech heavyweights to invest billions of dollars in startups
Technology

Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers

A Tesla car is driven past a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024.  Florence Lo | Reuters...

by admin March 29, 2024
Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers
Technology

Reddit shares plunge almost 25% in two days, finish the week below first day close

The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on...

by admin March 28, 2024
Reddit shares plunge almost 25% in two days, finish the week below first day close
Technology

How Sam Bankman-Fried’s ex-girlfriend and early recruit helped put the FTX founder behind bars for 25 years

Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023.  Yuki...

by admin March 28, 2024
How Sam Bankman-Fried's ex-girlfriend and early recruit helped put the FTX founder behind bars for 25 years
Technology

FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange...

by admin March 28, 2024
FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay  billion in forfeiture
Technology

Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date....

by admin March 28, 2024
Xiaomi releases electric car K cheaper than Tesla's Model 3 as price wars heat up
Technology

China-made vehicles will comprise a quarter of Europe’s EV sales this year, study shows

A BYD Co. Atto 3 electric sport utility vehicle (SUV) on day two of the Geneva International Motor Show in Geneva, Switzerland, on Tuesday,...

by admin March 28, 2024
China-made vehicles will comprise a quarter of Europe's EV sales this year, study shows
Technology

UnitedHealth Group has paid more than $3 billion to providers following cyberattack

UnitedHealth Group has paid out an additional $1 billion to providers that have been impacted by the Change Healthcare cyberattack since last week, bringing...

by admin March 27, 2024
UnitedHealth Group has paid more than  billion to providers following cyberattack
Technology

Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back

Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNY While prosecutors are requesting that FTX founder Sam Bankman-Fried spend 40...

by admin March 27, 2024
Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back
Technology

Penthouse to prison: Sam Bankman-Fried’s journey from crypto king to convicted conman

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC Two years ago, Sam Bankman-Fried was a 30-year-old multibillionaire living in a $35...

by admin March 27, 2024
Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman
Technology

Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in North America

Elon Musk hands over a Model Y car to a customer during the opening ceremony of the new Tesla Gigafactory for electric cars in...

by admin March 25, 2024
Elon Musk requires ‘FSD’ demo for every prospective Tesla buyer in North America
Technology

Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up

Adam Neumann of WeWork and Victor Fung Kwok-king, right, chairman of Fung Group, attend a signing ceremony at WeWork’s Weihai Road location on April...

by admin March 25, 2024
Adam Neumann makes a 0 million bid for WeWork that could hit 0 million if financing and diligence firm up
Technology

Software startup Recurrent helps used EV buyers know how much life is left in a vehicle

Recurrent, a Seattle-based startup, aims to do for electric vehicle batteries what odometers do for fuel-powered cars: show the wear and tear on the...

by admin March 25, 2024
Software startup Recurrent helps used EV buyers know how much life is left in a vehicle
Technology

Reddit shares rise 30% to start week after social media company’s IPO

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 March 25, 2024
Reddit shares rise 30% to start week after social media company's IPO
Technology

Inside Austin’s bitcoin underground

AUSTIN — There is a sort of clubhouse for Austin’s bitcoin believers on the second floor of the Littlefield Building at the corner of...

by admin March 24, 2024
Inside Austin's bitcoin underground
Technology

Big week for tech IPOs Reddit, Astera boosts Morgan Stanley after extended lull

The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening...

by admin March 23, 2024
Big week for tech IPOs Reddit, Astera boosts Morgan Stanley after extended lull
Technology

Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia

Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI....

by admin March 22, 2024
Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia
Technology

Here’s the DOJ antitrust chief’s message to Apple shareholders

The Justice Department’s top antitrust official said Friday that Apple shareholders should encourage the company to “compete on the merits,” one day after the...

by admin March 22, 2024
Here's the DOJ antitrust chief's message to Apple shareholders
Technology

Apple faces years of distractions after DOJ antitrust suit

Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple...

by admin March 22, 2024
Apple faces years of distractions after DOJ antitrust suit
Technology

Elizabeth Warren calls on SEC to investigate Tesla, Elon Musk over governance issues once again

Sen. Elizabeth Warren, D-Mass., once again urged the U.S. Securities and Exchange Commission to investigate Tesla, CEO Elon Musk and the company’s board of directors...

by admin March 22, 2024
Elizabeth Warren calls on SEC to investigate Tesla, Elon Musk over governance issues once again
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