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Technology

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