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Technology

Technology

Coinbase shares surge after posting first quarterly profit in two years

Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Michael Nagle |...

by admin February 16, 2024
Coinbase shares surge after posting first quarterly profit in two years
Technology

Jeff Bezos sells more than $2 billion in Amazon stock for third time this month

Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium...

by admin February 15, 2024
Jeff Bezos sells more than  billion in Amazon stock for third time this month
Technology

Toast will lay off 10% of its workforce, about 550 employees, as growth slows

A screen displays the company logo for Toast Inc. during the company’s IPO at the New York Stock Exchange (NYSE) in New York City,...

by admin February 15, 2024
Toast will lay off 10% of its workforce, about 550 employees, as growth slows
Technology

Trade Desk shares soar on revenue beat and strong guidance

Jeff Green, CEO, The Trade Desk Scott Mlyn | CNBC Shares of The Trade Desk jumped over 18% on Thursday after the advertising technology...

by admin February 15, 2024
Trade Desk shares soar on revenue beat and strong guidance
Technology

Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run

Jonathan Raa | Nurphoto | Getty Images Crypto had a big bounceback year in 2023. Now, venture investors are returning. Venture funding for crypto-related...

by admin February 15, 2024
Crypto venture funding climbs for first time in nearly 2 years after bitcoin's stellar run
Technology

TikTok, Facebook and YouTube sued by New York City for alleged harm to kids’ mental health

New York City Mayor Eric Adams said Wednesday that his administration has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat...

by admin February 15, 2024
TikTok, Facebook and YouTube sued by New York City for alleged harm to kids' mental health
Technology

SpaceX files to move incorporation site from Delaware to Texas

A SpaceX Falcon 9 rocket lifts off on the USSF-124 mission for the U.S. Space Force and Missile Defense Agency in Cape Canaveral, Florida,...

by admin February 15, 2024
SpaceX files to move incorporation site from Delaware to Texas
Technology

Twilio begins operational review of activist-targeted business unit

Jeff Lawson, (C) Founder, CEO, & Chairman of Communications software provider Twilio Inc., rings the opening bell to celebrate his company’s IPO at the...

by admin February 14, 2024
Twilio begins operational review of activist-targeted business unit
Technology

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company

NVIDIA’s CEO Jensen Huang attends a media roundtable meeting in Singapore December 6, 2023. Edgar Su | Reuters Nvidia surpassed Google parent Alphabet in...

by admin February 14, 2024
Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company
Technology

Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years

Shortly after the murder of George Floyd at the hands of Minneapolis police in 2020, Google was among many tech companies that set up...

by admin December 22, 2023
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
Technology

Tencent loses over $43 billion in market value after China proposes new online gaming rules

Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing...

by admin December 22, 2023
Tencent loses over  billion in market value after China proposes new online gaming rules
Technology

Apple has stopped selling some Apple Watches on its website because of patent dispute

An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept....

by admin December 21, 2023
Apple has stopped selling some Apple Watches on its website because of patent dispute
Technology

Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation

Omar Marques | Lightrocket | Getty Images Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a $750 million funding...

by admin December 21, 2023
Anthropic, the OpenAI rival, is in talks to raise 0 million in funding at an .4 billion valuation
Technology

Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC

POLAND – 2023/08/01: In this photo illustration, a Coinbase logo displayed on a smartphone with stock server lights in the background. (Photo Illustration by...

by admin December 21, 2023
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
Technology

Apple fails in bid to delay Apple Watch sales ban

The Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other Apple products at an...

by admin December 20, 2023
Apple fails in bid to delay Apple Watch sales ban
Technology

Electric scooter company Bird files for bankruptcy

A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a...

by admin December 20, 2023
Electric scooter company Bird files for bankruptcy
Technology

Apple resolves outage affecting its payment features, including Apple Pay, Card, Cash and Wallet

Todd Haselton | CNBC Several of Apple’s payment features, including Apple Pay, were down for a period of time Wednesday morning, according to Apple’s...

by admin December 20, 2023
Apple resolves outage affecting its payment features, including Apple Pay, Card, Cash and Wallet
Technology

AI cannot be named as an ‘inventor,’ top UK court says in patent dispute

Middlesex guildhall is home of Supreme Court of United Kingdom. David Bank | Moment | Getty Images Artificial intelligence cannot be listed as an...

by admin December 20, 2023
AI cannot be named as an 'inventor,' top UK court says in patent dispute
Technology

Southeast Asia’s funding winter could end next year — but tech firms need viable paths to profitability

A Google, Temasek and Bain & Company report revealed that “dry powder” increased to $15.7 billion at the end of 2022, up from $12.4...

by admin December 20, 2023
Southeast Asia’s funding winter could end next year — but tech firms need viable paths to profitability
Technology

SEC charges ex-CEO of medical device company with fraud, says some devices were ‘just a piece of plastic’

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler...

by admin December 19, 2023
SEC charges ex-CEO of medical device company with fraud, says some devices were 'just a piece of plastic'
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