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Technology

Technology

Amazon CEO Jassy’s cost cuts deliver investors biggest profit beat since 2020

Amazon founder Jeff Bezos famously shunned Wall Street’s earnings obsession, claiming the customer was always more important. While his successor, Andy Jassy, also talks...

by admin August 4, 2023
Amazon CEO Jassy's cost cuts deliver investors biggest profit beat since 2020
Technology

Apple’s most profitable line of business is making up for some hardware struggles

A man holds an Apple iPhone5S as he uses Apple Music app on October 11, 2017 in Hong Kong, Hong Kong. S3studio | Getty...

by admin August 3, 2023
Apple's most profitable line of business is making up for some hardware struggles
Technology

Amazon reports blowout profit, beats on sales and issues optimistic guidance

Amazon reported second-quarter earnings on Thursday that sailed past analysts’ estimates and issued guidance that points to accelerating revenue growth. The stock rose more...

by admin August 3, 2023
Amazon reports blowout profit, beats on sales and issues optimistic guidance
Technology

AMD forecast, U.S. credit downgrade drags down chip stocks

AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las...

by admin August 2, 2023
AMD forecast, U.S. credit downgrade drags down chip stocks
Technology

Qualcomm sales and forecast come up light as smartphone chip sales fall 25%

Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January...

by admin August 2, 2023
Qualcomm sales and forecast come up light as smartphone chip sales fall 25%
Technology

Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds

Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty...

by admin August 2, 2023
Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds
Technology

Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy

Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho.  David A. Grogan | CNBC Disney...

by admin August 2, 2023
Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won't be easy
Technology

Google reshuffles Assistant unit, lays off some staffers, to ‘supercharge’ products with A.I.

“As a team, we need to focus on delivering high quality, critical product experiences for our users,” Ranjan wrote in the email, which was...

by admin August 1, 2023
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
Technology

Amazon employees leak secret info that marketplace sellers can buy on Telegram

Workers fulfill orders at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Johnny Milano |...

by admin August 1, 2023
Amazon employees leak secret info that marketplace sellers can buy on Telegram
Technology

Twitter, now called X, sues researchers who showed rise in hate speech on platform after Musk takeover

In this photo illustration, Elon Musk’s photo is displayed on a phone screen in front of a computer screen displaying the new logo of...

by admin August 1, 2023
Twitter, now called X, sues researchers who showed rise in hate speech on platform after Musk takeover
Technology

Apple expected to post third consecutive down quarter, but its forecast is more important

Tim Cook arrives at Sun Valley’s Allen & Company meeting in Sun Valley, Idaho. David A. Grogan | CNBC Apple is expected to post...

by admin August 1, 2023
Apple expected to post third consecutive down quarter, but its forecast is more important
Technology

Meta’s stock just wrapped up its ninth straight monthly gain as Wall Street cheers cost cuts

Mark Zuckerberg, CEO, Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images A year ago, Meta’s stock was in...

by admin July 31, 2023
Meta's stock just wrapped up its ninth straight monthly gain as Wall Street cheers cost cuts
Technology

Elon Musk’s X Corp. seen taking down giant glowing sign in San Francisco

CNBC/Kif Leswing SAN FRANCISCO — Elon Musk marked San Francisco as the spot for X Corp. over the weekend, erecting a giant lighted X...

by admin July 31, 2023
Elon Musk's X Corp. seen taking down giant glowing sign in San Francisco
Technology

America’s first new nuclear reactor in nearly seven years starts operations

Vogtle nuclear reactor 3 Source: Georgia Power Monday marked the first time a new nuclear reactor has begun delivering power to the electric grid...

by admin July 31, 2023
America’s first new nuclear reactor in nearly seven years starts operations
Technology

Apple’s iPhone 15 Pro will reportedly feature new charging port, titanium edges

Sofia Pitt, CNBC Apple is preparing to unveil its next generation of devices this fall, and the high-end iPhone 15 models will reportedly feature...

by admin July 31, 2023
Apple's iPhone 15 Pro will reportedly feature new charging port, titanium edges
Technology

Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans

Reddit, home to cute cat pictures, investment advice, niche hobby discussions, celebrity interviews, edgy memes, wholesome memes and everything in between, has been facilitating...

by admin July 30, 2023
Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
Technology

Google stock jumped 10% this week, fueled by cloud, ads and hope in AI

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters...

by admin July 29, 2023
Google stock jumped 10% this week, fueled by cloud, ads and hope in AI
Technology

Prosecutors ask federal judge to jail Sam Bankman-Fried over witness tampering

FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023.  Fatih Aktas/...

by admin July 28, 2023
Prosecutors ask federal judge to jail Sam Bankman-Fried over witness tampering
Technology

Google, Microsoft, and Meta can’t stop talking about A.I. — here’s why Apple rarely mentions it

Apple CEO Tim Cook arrives for an official State Dinner in honor of India’s Prime Minister Narendra Modi, at the White House in Washington,...

by admin July 28, 2023
Google, Microsoft, and Meta can't stop talking about A.I. — here's why Apple rarely mentions it
Technology

Microsoft warns of service disruptions if it can’t get enough A.I. chips for its data centers

Satya Nadella, chief executive officer of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul, South Korea, on Tuesday, Nov. 15, 2022. SeongJoon...

by admin July 28, 2023
Microsoft warns of service disruptions if it can’t get enough A.I. chips for its data centers
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