Technology China’s top chipmaker will ‘struggle’ to make cutting-edge chips competitively April 28, 2023 China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Vcg | Visual China Group…
Technology Intel reports largest quarterly loss in company history April 27, 2023 In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20…
Technology Coinbase offers a fiery response to the SEC’s threat of enforcement action April 27, 2023 In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday,…
Technology Lyft to cut 1,072 employees, or 26% of its workforce April 27, 2023 In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Ramin Talaie | Corbis News | Getty Images Ride-sharing app Lyft will lay off 1,072 employees, roughly 26% of its…
Technology Dropbox to lay off 500 employees, or about 16% of its workforce April 27, 2023 In this article DBX Follow your favorite stocksCREATE FREE ACCOUNT Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier 48 on September 25, 2019…
Technology Musk met with Schumer and other lawmakers to discuss A.I. regulation April 27, 2023 Twitter CEO Elon Musk speaks at the “Twitter 2.0: From Conversations to Partnerships,” marketing conference in Miami, Florida, on April 18, 2023. Chandan Khanna | AFP | Getty Images After…
Technology A U.S. tech downturn offers India ‘a bigger opportunity,’ says Infosys founder April 27, 2023 Infosys founder Narayana Murthy sees tech layoffs in the U.S. as an opportunity for India. “I look at these things as part of a business cycle. The curve goes up…
Technology Samsung’s profit plunged 95% amid weak memory chip demand April 27, 2023 Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto | Getty Images South Korean…
Technology Chinese retailers helped lift Meta’s first quarter sales in a tough online advertising market April 26, 2023 In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images…
Technology Google had a ‘Kodak moment’ last year as Microsoft takes lead in AI, strategist says April 26, 2023 In this article GOOGL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty…
Technology Microsoft stock rallies on earnings and bullish A.I. outlook April 26, 2023 In this article MSFT ATVI Follow your favorite stocksCREATE FREE ACCOUNT A sign for Microsoft Corp. at the company’s office in the central business district of Lisbon, Portugal, on Tuesday,…
Technology Bitcoin jumps as First Republic pulls banking sector concerns back into focus April 26, 2023 In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images News…
Technology China’s EV players are starting to compete on driver assist tech April 26, 2023 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 | Bloomberg | Getty Images BEIJING —…
Technology Google’s cloud business turns profitable for the first time on record April 25, 2023 In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018.…
Technology Microsoft set to report quarterly earnings after the bell April 25, 2023 In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York…
Technology Coinbase sues SEC after months of silence from federal regulator April 25, 2023 In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite…
Technology Apple declares ‘resounding victory’ after decision reached in Epic Games appeal April 24, 2023 In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook visits the Fifth Avenue Apple Store on September 16, 2022 in New York City. Kevin Mazur…
Technology Crypto winter is over — and bitcoin could hit $100,000 by the end of 2024, Standard Chartered says April 24, 2023 In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin, the world’s largest cryptocurrency, has been stealthily rising in 2023. Chris Ratcliffe | Bloomberg | Getty Images Bitcoin’s value…
Technology Apple’s VR headset will reportedly run hundreds of thousands of iPad apps April 24, 2023 In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook during WWDC 2022 Event Source: Apple Apple’s virtual reality headset will run with hundreds of thousands of iPad…
Technology Twitter grants UK far-right party Britain First ‘official organization’ label April 24, 2023 Britain First leader Paul Golding leads an anti-Islam march on April 1, 2017 in London, England. Wiktor Szymanowicz | Future Publishing | Getty Images Twitter labeled the British far-right political…