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Technology

Technology

Teladoc CEO departs the company after stock’s 95% fall from 2021 highs

Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his...

by admin April 5, 2024
Teladoc CEO departs the company after stock's 95% fall from 2021 highs
Technology

Apple supplier Foxconn posts 9% fall in first-quarter revenue, sees growth ahead

Pictured here is a Foxconn factory in Zhengzhou city on Sept. 4, 2021. Vcg | Visual China Group | Getty Images Apple iPhone manufacturer...

by admin April 5, 2024
Apple supplier Foxconn posts 9% fall in first-quarter revenue, sees growth ahead
Technology

Apple lays off over 600 California employees after shuttering car project

Tim Cook, CEO of Apple, during an event at Apple Park campus in Cupertino, California, Sept. 12, 2023. David Paul Morris | Bloomberg |...

by admin April 5, 2024
Apple lays off over 600 California employees after shuttering car project
Technology

Poor resale values of EVs threaten adoption, warn some experts

Drivers charge their Teslas in Fountain Valley, California, on March 20, 2024. Jeff Gritchen | Medianews Group | Getty Images A car loses value...

by admin April 5, 2024
Poor resale values of EVs threaten adoption, warn some experts
Technology

Samsung expects first-quarter profit to soar 931% as memory chip prices rebound

SHANGHAI, CHINA – MARCH 14, 2024 – Visitors visit the Galaxy S24 phones at SAMSUNG booth at AWE2024 in Shanghai, China, March 14, 2024....

by admin April 5, 2024
Samsung expects first-quarter profit to soar 931% as memory chip prices rebound
Technology

Twilio board shakeup prompts renewed activist scrutiny

For almost a year, Twilio has been under pressure from activist investors, who have urged the software vendor to shake up its board and...

by admin April 4, 2024
Twilio board shakeup prompts renewed activist scrutiny
Technology

Malaysia emerges as a hotspot for semiconductor firms amid U.S.-China chip tensions

KUALA LUMPUR, MALAYSIA – 2018/01/24: A foreigner is seen with a Malaysia flag as a background. Kuala Lumpur or commonly known as KL is...

by admin April 4, 2024
Malaysia emerges as a hotspot for semiconductor firms amid U.S.-China chip tensions
Technology

Apple says App Store and other services are back online after an outage

The Apple Music application for download in the Apple App store. Gabby Jones | Bloomberg | Getty Images Apple on Wednesday said it had...

by admin April 3, 2024
Apple says App Store and other services are back online after an outage
Technology

Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance

Harun Ozalp | Anadolu Agency | Getty Images Former Twitter exec Nick Caldwell is suing Elon Musk and X, alleging a breach of contract...

by admin April 3, 2024
Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance
Technology

Despite gen AI hype, venture capitalists are still largely on the sidelines

Omar Marques | Lightrocket | Getty Images Even with hot artificial intelligence startups scoring hefty investment rounds at massive valuations, the broader venture funding...

by admin April 3, 2024
Despite gen AI hype, venture capitalists are still largely on the sidelines
Technology

In the wake of bitcoin’s new highs, South Korea’s ‘kimchi premium’ is in the spotlight again

A bowl of kimchi, a fermented vegetable side dish that is a staple in all Korean meals Kitzcorner | Getty Images You may have...

by admin April 3, 2024
In the wake of bitcoin's new highs, South Korea's 'kimchi premium' is in the spotlight again
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
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