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Technology

Technology

Zoom shares jump as quarterly results beat on top and bottom lines

Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite...

by admin February 26, 2024
Zoom shares jump as quarterly results beat on top and bottom lines
Technology

Bitcoin resumes its rally, ripping through $54,000 for the first time since December 2021

Bitcoin. Nurphoto | Getty Images The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid...

by admin February 26, 2024
Bitcoin resumes its rally, ripping through ,000 for the first time since December 2021
Technology

Nvidia briefly surpasses $2 trillion in market cap during intraday trading

Nvidia CEO Jensen Huang speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center in New York City on...

by admin February 23, 2024
Nvidia briefly surpasses  trillion in market cap during intraday trading
Technology

AI can ‘disproportionately’ help defend against cybersecurity threats, Google CEO Sundar Pichai says

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San...

by admin February 23, 2024
AI can 'disproportionately' help defend against cybersecurity threats, Google CEO Sundar Pichai says
Technology

Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

A attendee walks past a banner with a Grab logo before a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on...

by admin February 23, 2024
Ride-hailing giant Grab posts first profitable quarter, announces 0 million share buyback
Technology

Block shares surge as much as 14% after company announces surprise profit

Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday,...

by admin February 22, 2024
 Block shares surge as much as 14% after company announces surprise profit
Technology

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

OpenAI CEO Sam Altman speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images...

by admin February 22, 2024
OpenAI CEO Sam Altman stands to net millions as Reddit goes public
Technology

San Jose bakery loses thousands of dollars after Tesla reportedly cancels large order

Voahangy Rasetarinera speaks on San Jose bakery loss of thousands of dollars after Tesla cancels large order. Kris Sanchez | NBC Bay Area A...

by admin February 22, 2024
San Jose bakery loses thousands of dollars after Tesla reportedly cancels large order
Technology

Reddit files to list IPO on NYSE under the ticker RDDT

Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to...

by admin February 22, 2024
Reddit files to list IPO on NYSE under the ticker RDDT
Technology

Nvidia’s Data Center business is booming, up more than 400% since last year to $18.4 billion in fourth-quarter sales

The Nvidia logo is displayed on a smartphone. Jonathan Raa | Nurphoto | Getty Images Nvidia’s Data Center business just logged $18.4 billion in...

by admin February 21, 2024
Nvidia's Data Center business is booming, up more than 400% since last year to .4 billion in fourth-quarter sales
Technology

Palo Alto Networks shares drop most since 2012 IPO

Nikesh Arora, CEO of Palo Alto Networks, speaks on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland, on Jan. 16, 2024....

by admin February 21, 2024
Palo Alto Networks shares drop most since 2012 IPO
Technology

Tesla faces hurdle in Germany as locals vote to oppose factory expansion

Employees of the Tesla Gigafactory Berlin-Brandenburg work on a production line of a Model Y electric vehicle on March 20, 2023. Patrick Pleuil |...

by admin February 21, 2024
Tesla faces hurdle in Germany as locals vote to oppose factory expansion
Technology

Nvidia posts revenue up 265% on booming AI business

Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom...

by admin February 21, 2024
Nvidia posts revenue up 265% on booming AI business
Technology

Adobe launches AI assistant that can search and summarize PDFs

David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco on...

by admin February 20, 2024
Adobe launches AI assistant that can search and summarize PDFs
Technology

Nvidia faces stiff test on Wall Street this week after ‘parabolic’ stock rally

When Nvidia reports fiscal fourth-quarter earnings after the market close Wednesday, it will do so as the world’s third most valuable public company. Investors...

by admin February 20, 2024
Nvidia faces stiff test on Wall Street this week after 'parabolic' stock rally
Technology

Elon Musk says first Neuralink patient can control a computer mouse through thinking

Jonathan Raa | Nurphoto | Getty Images A patient implanted with Neuralink’s brain technology can now control a computer mouse just by thinking, the...

by admin February 20, 2024
Elon Musk says first Neuralink patient can control a computer mouse through thinking
Technology

India’s Zee Entertainment pops 10% on report that $10 billion merger with Sony is being revived

The deal, announced more than two years ago, was perceived as crucial for the survival of the companies in a highly competitive market. Bloomberg...

by admin February 20, 2024
India’s Zee Entertainment pops 10% on report that  billion merger with Sony is being revived
Technology

Alibaba bets on overseas e-commerce unit amid sluggish growth in China

The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Costfoto | Nurphoto | Getty Images...

by admin February 19, 2024
Alibaba bets on overseas e-commerce unit amid sluggish growth in China
Technology

Sony to release a ‘Pro’ version of the PlayStation 5 this year after cutting outlook, analysts say

Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images...

by admin February 19, 2024
Sony to release a 'Pro' version of the PlayStation 5 this year after cutting outlook, analysts say
Technology

Xpeng plans to hire 4,000 people, invest in AI as CEO warns intense EV rivalry may end in ‘bloodbath’

The Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai,...

by admin February 19, 2024
Xpeng plans to hire 4,000 people, invest in AI as CEO warns intense EV rivalry may end in 'bloodbath'
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