Technology Archives - Page 94 of 199

Sequoia and Andreessen to take a huge hit on their 2021 Instacart investment, after a 75% plunge in valuation

Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit on their last investment...

by admin September 15, 2023

Sequoia and Andreessen to take a huge hit on their 2021 Instacart investment, after a 75% plunge in valuation

Technology

Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine

Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023....

by admin September 15, 2023

Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine

Technology

Instacart aims for valuation of up to $10 billion in upcoming IPO

Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022. David Paul Morris | Bloomberg | Getty Images...

by admin September 15, 2023

Instacart aims for valuation of up to billion in upcoming IPO

Technology

Arm’s second trading day is more subdued, but valuation still tops $60 billion

Arm Holdings jumped another 6% on Friday at the market open, but those gains cooled off some in its second day of trading after...

by admin September 15, 2023

Arm's second trading day is more subdued, but valuation still tops billion

Technology

Arm is trading at a premium to Nvidia after IPO pop even though it’s a ‘no-growth company’

Arm’s Nasdaq debut on Thursday looks good for SoftBank, which just spun the company out after acquiring it in 2016. But it’s a head-scratcher...

by admin September 14, 2023

Arm is trading at a premium to Nvidia after IPO pop even though it's a 'no-growth company'

Technology

DoorDash will switch to Nasdaq from the NYSE in blow to Big Board

Tony Xu, co-founder and CEO of DoorDash Inc., smiles during the Wall Street Journal Tech Live conference in Laguna Beach, California, Oct. 22, 2019....

by admin September 14, 2023

DoorDash will switch to Nasdaq from the NYSE in blow to Big Board

Technology

Oracle founder Larry Ellison makes first-ever trip to Microsoft headquarters for cloud announcement

Oracle Co-founder Larry Ellison, left, and Microsoft Co-founder Bill Gates watch a match between Gael Monfils of France and Alexander Zverev of Germany during...

by admin September 14, 2023

Oracle founder Larry Ellison makes first-ever trip to Microsoft headquarters for cloud announcement

Technology

Arm climbs 25% in Nasdaq debut after pricing IPO at $51 a share

Arm CEO Rene Haas and executives cheer as Softbank’s Arm, a chip design firm, holds an initial public offering at the Nasdaq MarketSite in...

by admin September 14, 2023

Arm climbs 25% in Nasdaq debut after pricing IPO at a share

Technology

Elon Musk, Mark Zuckerberg, Bill Gates and other tech leaders in closed Senate session about AI

Elon Musk and Palantir co-founder & CEO Alex Karp attend a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate...

by admin September 13, 2023

Elon Musk, Mark Zuckerberg, Bill Gates and other tech leaders in closed Senate session about AI

Technology

Arm prices IPO at $51 per share, valuing company at over $54 billion

The Arm U.S. headquarters in San Jose, California, Sept. 6, 2023. David Paul Morris | Bloomberg | Getty Images Arm, the chip design firm...

by admin September 13, 2023

Arm prices IPO at per share, valuing company at over billion

Technology

Google is cutting hundreds of jobs in its recruiting organization

Google workers walk outside of Google headquarters in Mountain View, Calif., Thursday, April 12, 2012. Google Inc. said Thursday that it earned $2.89 billion,...

by admin September 13, 2023

Google is cutting hundreds of jobs in its recruiting organization

Technology

MGM Resorts says cyberattack could have material effect on company

The Park MGM hotel and casino in Las Vegas, July 28, 2023. Bridget Bennett | Bloomberg | Getty Images MGM Resorts on Wednesday said...

by admin September 13, 2023

MGM Resorts says cyberattack could have material effect on company

Technology

Ripple says it will fight the SEC lawsuit ‘all the way through’

In 2020, the U.S. SEC accused Ripple and its co-founders of breaching securities laws by selling its native cryptocurrency XRP without first registering it...

by admin September 13, 2023

Ripple says it will fight the SEC lawsuit 'all the way through'

Technology

Google engaged in a monopolistic feedback loop to maintain search dominance, DOJ alleges in first day of trial

Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the Department of Justice, arrives at federal court on September 12, 2023 in Washington,...

by admin September 12, 2023

Google engaged in a monopolistic feedback loop to maintain search dominance, DOJ alleges in first day of trial

Technology

One of the biggest advances in this year’s iPhones are the new Apple-made chips

Apple iPhone Pro A17 Pro chip. Source: Apple Inc. Apple today unveiled the new iPhone 15 to plenty of fanfare. But there’s also a...

by admin September 12, 2023

One of the biggest advances in this year's iPhones are the new Apple-made chips

Technology

There’s one reason I’d upgrade to the iPhone 15 Pro after trying it, even though I already have last year’s

Where media and analysts could hold and try out the iPhone 15 on Tuesday after it was announced. CNBC/Kif Leswing Apple announced its new...

by admin September 12, 2023

There's one reason I'd upgrade to the iPhone 15 Pro after trying it, even though I already have last year's

Technology

How Luckin Coffee overtook Starbucks as the largest coffee chain in China

SHENZHEN, CHINA – 2020/10/05: Chinese coffee shop chain Luckin Coffee logo seen at a store. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) Sopa...

by admin September 12, 2023