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Technology

Technology

Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground

Amazon will double the value of credits it offers some startups to use its cloud infrastructure, CNBC has learned, as the company faces heightened...

by admin June 29, 2024
Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground
Technology

Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology

The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon is ramping up its...

by admin June 28, 2024
Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology
Technology

Tech founders are shunning IPOs after extended market lull, survey finds

Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is...

by admin June 28, 2024
Tech founders are shunning IPOs after extended market lull, survey finds
Technology

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown

Joseph Lubin, co-founder of Ethereum and CEO of blockchain firm ConsenSys. Riccardo Savi | Getty Images for Concordia Summit Crypto firm Consensys has been...

by admin June 28, 2024
Crypto company Consensys sued by SEC as regulator continues industrywide crackdown
Technology

Peter Thiel says, ‘If you hold a gun to my head I’ll vote for Trump’ though he isn’t backing campaign

Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York...

by admin June 28, 2024
Peter Thiel says, 'If you hold a gun to my head I'll vote for Trump' though he isn't backing campaign
Technology

OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI

The news industry just gained a powerful ally in its effort to take on OpenAI. The Center for Investigative Reporting, the country’s oldest nonprofit...

by admin June 27, 2024
OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI
Technology

Figma CEO says it is ‘eating cost’ of AI upgrade for customers in 2024

As design firm Figma rolls out its first major AI upgrade for its platform, CEO and co-founder Dylan Field is taking no chances with...

by admin June 27, 2024
Figma CEO says it is 'eating cost' of AI upgrade for customers in 2024
Technology

OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content

Budrul Chukrut | Lightrocket | Getty Images OpenAI and Time magazine on Thursday announced a “multi-year content deal” that will allow OpenAI to access current...

by admin June 27, 2024
OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content
Technology

Amazon plans to launch discount store in bid to fend off Temu and Shein

An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York on April 16, 2024. Angus Mordant |...

by admin June 26, 2024
Amazon plans to launch discount store in bid to fend off Temu and Shein
Technology

Micron shares slide after revenue forecast fails to top estimates

Sanjay Mehrotra, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Micron shares fell about...

by admin June 26, 2024
Micron shares slide after revenue forecast fails to top estimates
Technology

Nvidia CEO Jensen Huang addresses rising competition at shareholder meeting after historic stock surge

Nvidia CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024. Sam Yeh | AFP | Getty...

by admin June 26, 2024
Nvidia CEO Jensen Huang addresses rising competition at shareholder meeting after historic stock surge
Technology

Amazon reaches $2 trillion market cap for the first time

Amazon CEO Andy Jassy. CNBC Amazon shares closed up 3.9% to $193.61 on Wednesday, pushing the company’s market cap past $2 trillion for the...

by admin June 26, 2024
Amazon reaches  trillion market cap for the first time
Technology

Waymo opens robotaxi service to all San Francisco users

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Waymo robotaxis are...

by admin June 25, 2024
Waymo opens robotaxi service to all San Francisco users
Technology

Bitcoin bounces above $62,000, Solana leads cryptocurrencies higher

Getty Images Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad...

by admin June 25, 2024
Bitcoin bounces above ,000, Solana leads cryptocurrencies higher
Technology

Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim

The Tesla Cybertruck is unveiled at Tesla’s design studio on Nov. 21, 2019, in Hawthorne, Calif.  Ringo H.W. Chiu | AP Tesla has issued...

by admin June 25, 2024
Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim
Technology

Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global...

by admin June 25, 2024
Nvidia's half-a-trillion dollar wipeout leaves global chip stocks volatile
Technology

Oracle warns that a TikTok ban would hurt business

Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including...

by admin June 24, 2024
Oracle warns that a TikTok ban would hurt business
Technology

Nvidia slides 13% in three days after briefly becoming most valuable company

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Since...

by admin June 24, 2024
Nvidia slides 13% in three days after briefly becoming most valuable company
Technology

OpenAI walks back controversial stock sale policies, will treat current and former employees the same

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP...

by admin June 24, 2024
OpenAI walks back controversial stock sale policies, will treat current and former employees the same
Technology

Bitcoin tumbles below $60,000 to start the week

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent on Monday, sliding below $60,000 for...

by admin June 24, 2024
Bitcoin tumbles below ,000 to start the week
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