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Technology

Technology

Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new...

by admin November 22, 2024
Amazon to invest another  billion in Anthropic, OpenAI's biggest rival
Technology

Intuit shares drop as quarterly forecast misses estimates due to delayed revenue

Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024. Rodin Eckenroth | Filmmagic...

by admin November 21, 2024
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
Technology

Bluesky CEO Jay Graber says X rival is ‘billionaire proof’

Bluesky has surged in popularity since the presidential election earlier this month, suddenly becoming a competitor to Elon Musk’s X and Meta’s Threads. But...

by admin November 21, 2024
Bluesky CEO Jay Graber says X rival is 'billionaire proof'
Technology

Alphabet shares slide 4% following DOJ push for Google to divest Chrome

Jaque Silva | Nurphoto | Getty Images Alphabet shares fell 4% on Thursday, after the Department of Justice called for Google to divest its...

by admin November 21, 2024
Alphabet shares slide 4% following DOJ push for Google to divest Chrome
Technology

Nvidia shares fluctuate as investors digest third-quarter earnings

POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket...

by admin November 21, 2024
Nvidia shares fluctuate as investors digest third-quarter earnings
Technology

Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

After a quarter where Nvidia’s sales nearly doubled, investors and analysts are wondering how long the chipmaker can keep this kind of growth going...

by admin November 21, 2024
Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
Technology

Snowflake shares pop 19% on earnings and revenue beat

Snowflake shares spiked 19% in extended trading on Wednesday after the data analytics software maker reported fiscal third-quarter earnings that beat estimates. Here’s how...

by admin November 20, 2024
Snowflake shares pop 19% on earnings and revenue beat
Technology

Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

Sopa Images | Lightrocket | Getty Images Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion,...

by admin November 20, 2024
Business spending on AI surged 500% this year to .8 billion, says Menlo Ventures
Technology

Nvidia nearly doubles revenue on strong AI demand

Nvidia reported third-quarter earnings that beat expectations for sales and earnings while delivering a better-than-expected forecast for the current quarter. The results show that...

by admin November 20, 2024
Nvidia nearly doubles revenue on strong AI demand
Technology

Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones

Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm said on Tuesday that...

by admin November 19, 2024
Qualcomm says it expects  billion in PC chip sales by 2029, as company gets traction beyond smartphones
Technology

Bitcoin ETF options begin trading, ushering in a new way for investors to hedge their bitcoin exposure

Jonathan Raa | Nurphoto | Getty Images Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a...

by admin November 19, 2024
Bitcoin ETF options begin trading, ushering in a new way for investors to hedge their bitcoin exposure
Technology

Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app

Michael Nagle | Bloomberg | Getty Images The stock prices for H&R Block and Intuit fell after a report Tuesday said Trump’s government efficiency...

by admin November 19, 2024
Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
Technology

Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, June 5, 2024. Annabelle Chih | Bloomberg...

by admin November 19, 2024
Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Technology

Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade...

by admin November 18, 2024
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Technology

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Kelly Steckelberg attends an Evening from the Heart LA 2022 Gala hosted by the John Ritter Foundation for Aortic Health at Valley Relics Museum...

by admin November 18, 2024
Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
Technology

Cloud software company ServiceTitan files to go public on Nasdaq

ServiceTitan offices in Draper, Utah. Google Earth ServiceTitan, a company that sells software to contractors such as plumbers and roofers, on Monday filed to...

by admin November 18, 2024
Cloud software company ServiceTitan files to go public on Nasdaq
Technology

Tesla stock pops after report Trump wants to relax U.S. self-driving rules

Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his...

by admin November 18, 2024
Tesla stock pops after report Trump wants to relax U.S. self-driving rules
Technology

European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The...

by admin November 17, 2024
European SpaceX rival raises 0 million for reusable capsule to carry astronauts, cargo to space
Technology

Palantir jumps 11% to a record after announcing move to Nasdaq

Alex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021. Andreas Rentz | Getty Images...

by admin November 15, 2024
Palantir jumps 11% to a record after announcing move to Nasdaq
Technology

Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade...

by admin November 15, 2024
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
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