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Technology

Technology

Intel shares fall after company reveals $7 billion operating loss in foundry business

U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.  Kevin Lamarque | Reuters Intel shares fell 4%...

by admin April 2, 2024
Intel shares fall after company reveals  billion operating loss in foundry business
Technology

As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention

BurnBot RX burns unwanted vegetation without emitting plumes of smoke. Lora Kolodny for CNBC Last year’s record heat wave worsened drought and dry conditions...

by admin April 2, 2024
As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention
Technology

Tesla shares fall after deliveries drop 8.5% from a year ago

Tesla and SpaceX CEO Elon Musk. Kirsty Wigglesworth | Reuters Tesla shares fell on Tuesday after the company reported a drop in vehicle deliveries in...

by admin April 2, 2024
Tesla shares fall after deliveries drop 8.5% from a year ago
Technology

Flying cars — or eVTOLs — are becoming reality. Would you ride in one?

In 2022, I was on a rooftop overlooking a runway surrounded by olive trees in the south of Spain. An aircraft hovered in the...

by admin April 1, 2024
Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
Technology

Samsung says it needs to ‘redefine’ its voice assistant Bixby with generative AI upgrade

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most...

by admin March 31, 2024
Samsung says it needs to 'redefine' its voice assistant Bixby with generative AI upgrade
Technology

In tech rivalry with the US, China is behind on a key asset: Its own OpenAI

People learn about Baidu’s artificial intelligence chatbot service Ernie Bot during the 2nd Global Digital Trade Expo at Hangzhou International Expo Center on November...

by admin March 31, 2024
In tech rivalry with the US, China is behind on a key asset: Its own OpenAI
Technology

AT&T is investigating a leak that put millions of customers’ data on the dark web

A pedestrian passes an AT&T store in New York, U.S. Scott Mlyn | CNBC AT&T announced Saturday that it is investigating an incident two weeks ago...

by admin March 30, 2024
AT&T is investigating a leak that put millions of customers' data on the dark web
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
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