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Technology

Technology

Tech group urges Biden administration to keep child care requirement for chips funding

Gina Raimondo, US secretary of commerce, speaks at Georgetown University’s School of Foreign Service in Washington, DC, on Thursday, Feb. 23, 2023. Al Drago...

by admin May 1, 2023
Tech group urges Biden administration to keep child care requirement for chips funding
Technology

Jack Dorsey criticizes Elon Musk’s leadership at Twitter: ‘It all went south’

Elon Musk has served August 22, 2022 former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get...

by admin April 29, 2023
Jack Dorsey criticizes Elon Musk’s leadership at Twitter: ‘It all went south’
Technology

Google Cloud boss Kurian’s rocky path to profit: ‘We were not in a very good situation’

Google Cloud CEO Thomas Kurian, right, arrives on stage as Alphabet CEO Sundar Pichai exits during the Google Cloud Next event in San Francisco...

by admin April 29, 2023
Google Cloud boss Kurian's rocky path to profit: 'We were not in a very good situation'
Technology

Tech giants are pouring money into A.I. as they cut costs elsewhere

Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty Images Tech investors are eager...

by admin April 28, 2023
Tech giants are pouring money into A.I. as they cut costs elsewhere
Technology

Chinese hackers outnumber FBI cyber staff 50 to 1, bureau director says

Federal Bureau of Investigation Director Christopher Wray testifies before a Senate Intelligence Committee hearing on “worldwide threats,” on Capitol Hill in Washington, March 8,...

by admin April 28, 2023
Chinese hackers outnumber FBI cyber staff 50 to 1, bureau director says
Technology

Apple employee who defrauded company of millions sentenced to three years in prison

CFOTO | Future Publishing | Getty Images A former Apple employee who swindled the company out of more than $17 million with a scheme that double-billed...

by admin April 28, 2023
Apple employee who defrauded company of millions sentenced to three years in prison
Technology

Microsoft is betting its future on cloud gaming — but that’s what tripped up the Activision deal

Microsoft has invested huge amounts of capital and time into making cloud gaming a core part of its gaming offering. Peter Summers | Getty...

by admin April 28, 2023
Microsoft is betting its future on cloud gaming — but that's what tripped up the Activision deal
Technology

The pandemic drove Clubhouse to a $4 billion valuation that never looked sustainable

Social audio platform Clubhouse announced Thursday that it was laying off half its staff in order to “reset” the company. It shouldn’t come as...

by admin April 27, 2023
The pandemic drove Clubhouse to a  billion valuation that never looked sustainable
Technology

Snap plunges on first-quarter revenue miss

Snap shares dropped as much as 20% after hours on Thursday as the company reported first-quarter results that missed analysts’ expectations on revenue. Here’s...

by admin April 27, 2023
Snap plunges on first-quarter revenue miss
Technology

Intel reports largest quarterly loss in company history

Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio,...

by admin April 27, 2023
Intel reports largest quarterly loss in company history
Technology

Amazon stock dips as uncertain cloud outlook overshadows revenue beat

Amazon reported better-than-expected revenue on Thursday, but the stock’s initial pop was wiped out after executives raised concerns of ongoing weakness in cloud growth. Here...

by admin April 27, 2023
Amazon stock dips as uncertain cloud outlook overshadows revenue beat
Technology

Samsung’s profit plunged 95% amid weak memory chip demand

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros |...

by admin April 27, 2023
Samsung's profit plunged 95% amid weak memory chip demand
Technology

Chinese retailers helped lift Meta’s first-quarter sales in a tough online advertising market

Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese...

by admin April 26, 2023
Chinese retailers helped lift Meta's first-quarter sales in a tough online advertising market
Technology

Meta’s Reality Labs records $3.99 billion quarterly loss as Zuckerberg pumps more cash into metaverse

An avatar of Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on...

by admin April 26, 2023
Meta's Reality Labs records .99 billion quarterly loss as Zuckerberg pumps more cash into metaverse
Technology

Amazon starts layoffs in HR and cloud units: Read the memos announcing the cuts

20 hours ago “It is a tough day across our organization,” Selipsky wrote in the memo. The layoffs are part of the previously announced...

by admin April 26, 2023
Amazon starts layoffs in HR and cloud units: Read the memos announcing the cuts
Technology

China’s EV players are starting to compete on driver assist tech

Huawei’s co-developed Aito electric car brand is now selling an updated version of the M5 model that comes with new driver-assist tech. Bloomberg |...

by admin April 26, 2023
China's EV players are starting to compete on driver assist tech
Technology

Alphabet authorizes $70 billion buyback

Sundar Pichai, chief executive officer of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Google parent company Alphabet said on Tuesday that its...

by admin April 25, 2023
Alphabet authorizes  billion buyback
Technology

Alphabet reports revenue and earnings beat for first quarter

Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images an hour ago Here are the key numbers: Earnings: $1.17 per share vs....

by admin April 25, 2023
Alphabet reports revenue and earnings beat for first quarter
Technology

Microsoft reports earnings beat, says A.I. will drive revenue growth

Microsoft shares rose 9% in extended trading on Tuesday after the software maker issued fiscal third-quarter results and quarterly guidance that exceeded analysts’ predictions....

by admin April 25, 2023
Microsoft reports earnings beat, says A.I. will drive revenue growth
Technology

Coinbase sues SEC after months of silence from federal regulator

Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square...

by admin April 25, 2023
Coinbase sues SEC after months of silence from federal regulator
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