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Technology

Technology

Redditors bank millions of dollars as a group on stock’s opening day

Reddit power users who participated in the company’s IPO made millions of dollars as a group in profits after the stock’s big jump in...

by admin March 21, 2024
Redditors bank millions of dollars as a group on stock's opening day
Technology

Sam Altman’s Reddit stake worth over $600 million after first day pop on NYSE

OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His Reddit ownership is...

by admin March 21, 2024
Sam Altman's Reddit stake worth over 0 million after first day pop on NYSE
Technology

DOJ sues Apple over iPhone monopoly in landmark antitrust case

The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is a monopoly that drove its “astronomical valuation” at the expense of...

by admin March 21, 2024
DOJ sues Apple over iPhone monopoly in landmark antitrust case
Technology

Neuralink shares video of patient playing chess using signals from brain implant

Elon Musk’s startup Neuralink streamed a live video on Wednesday that showed a patient using the company’s brain implant to move a mouse and...

by admin March 21, 2024
Neuralink shares video of patient playing chess using signals from brain implant
Technology

Reddit prices IPO at $34 per share in first major social media offering since 2019

In this photo illustration a Reddit logo is seen displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit,...

by admin March 20, 2024
Reddit prices IPO at  per share in first major social media offering since 2019
Technology

Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen.  Pavlo Gonchar | SOPA Images | Lightrocket...

by admin March 20, 2024
Amazon gets boost from 72% pop in AI company Astera Labs' IPO
Technology

Shares of Micron pop 14% on earnings beat driven by AI boom

The Micron Technology headquarters in Boise, Idaho, on March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Shares of Micron popped more than...

by admin March 20, 2024
Shares of Micron pop 14% on earnings beat driven by AI boom
Technology

Nvidia’s latest AI chip will cost more than $30,000, CEO says

Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer...

by admin March 19, 2024
Nvidia's latest AI chip will cost more than ,000, CEO says
Technology

Microsoft hires DeepMind co-founder Mustafa Suleyman as CEO of new AI unit

Mustafa Suleyman, Co-founder Inflection.ai & DeepMind, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th,...

by admin March 19, 2024
Microsoft hires DeepMind co-founder Mustafa Suleyman as CEO of new AI unit
Technology

Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delays

LONDON — Crypto wallet maker Ledger says it is set to launch its much-anticipated hardware wallet Ledger Stax, which was designed by iPod inventor...

by admin March 19, 2024
Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delays
Technology

MicroStrategy, largest corporate holder of bitcoin, drops as much as 18% as cryptocurrency falls

CostFoto | Nurphoto | Getty Images Shares of MicroStrategy tumbled on Tuesday alongside the price of bitcoin, as the company bought even more of...

by admin March 19, 2024
MicroStrategy, largest corporate holder of bitcoin, drops as much as 18% as cryptocurrency falls
Technology

China’s BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe

BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in...

by admin March 18, 2024
China's BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
Technology

Nvidia and Johnson & Johnson to develop new AI applications for surgery

The New York Stock Exchange welcomes Johnson & Johnson. NYSE Johnson & Johnson on Monday announced it is working with Nvidia to develop and...

by admin March 18, 2024
Nvidia and Johnson & Johnson to develop new AI applications for surgery
Technology

UnitedHealth Group has paid more than $2 billion to providers following cyberattack

UnitedHealth Group Inc. headquarters stands in Minnetonka, Minnesota, U.S. Mike Bradley | Bloomberg | Getty Images UnitedHealth Group said Monday that it’s paid out...

by admin March 18, 2024
UnitedHealth Group has paid more than  billion to providers following cyberattack
Technology

Nvidia CEO Jensen Huang announces new AI chips: ‘We need bigger GPUs’

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San...

by admin March 18, 2024
Nvidia CEO Jensen Huang announces new AI chips: 'We need bigger GPUs'
Technology

Doctors are turning medical generative AI into a booming business

Attendees at HIMSS in Orlando, Florida 2024. Courtesy of HIMSS The hottest new technology for doctors promises to bring back an age-old health-care practice:...

by admin March 16, 2024
Doctors are turning medical generative AI into a booming business
Technology

How Tesla became the top-selling car company in Norway

Norway has had massive success with EV adoption — 82% of new cars sold in the country in 2023 were electric, according to the...

by admin March 16, 2024
How Tesla became the top-selling car company in Norway
Technology

HashiCorp shares jump on report that company is considering a sale

HashiCorp at the Nasdaq market site, December 9, 2021. Source: Nasdaq HashiCorp shares jumped 12% in extended trading on Friday after Bloomberg reported the...

by admin March 15, 2024
HashiCorp shares jump on report that company is considering a sale
Technology

FTC conducting inquiry into Reddit’s AI data-licensing practices ahead of IPO

Reddit said on Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related to the training of...

by admin March 15, 2024
FTC conducting inquiry into Reddit's AI data-licensing practices ahead of IPO
Technology

Tesla settles with Black worker who won two trials over racist discrimination

Workers assemble cars on the line at Tesla’s factory in Fremont. David Butow (Photo by David Butow/Corbis via Getty Images) David Butow | Corbis...

by admin March 15, 2024
Tesla settles with Black worker who won two trials over racist discrimination
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