The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system. Cris Faga | Nurphoto | Getty Images X has to pay one last fine before the social network owned
Technology
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has
Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | Reuters The most impressive aspect of Meta’s Orion augmented-reality glasses has more to do with size and comfort than flashy
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024. CFOTO | Future Publishing | Getty Images Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China’s central bank
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Distance Technologies develops a product that it says can turn any transparent surface into an augmented-reality display. Distance Technologies Distance Technologies, a Finnish startup that aims to bring mixed-reality technology to any car windshield or plane cockpit, has raised 10 million euros ($11.1 million) of
In this article AEO AMZN Follow your favorite stocksCREATE FREE ACCOUNT A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty Images American Eagle Outfitters is suing Amazon for trademark infringement, alleging the e-commerce giant used branding from its Aerie clothing line in search results, leading
Georgijevic | E+ | Getty Images A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to a report released Wednesday by consultancy Bain & Company. The last major semiconductor shortage happened during the Covid-19 pandemic amid supply chain disruption and a rise
In this article SMAR Follow your favorite stocksCREATE FREE ACCOUNT Smartsheet CEO Mark Mader. Source: Smartsheet Collaboration software maker Smartsheet announced Tuesday Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion. Stockholders will receive $56.50 per share, a 41% premium to Smartsheet’s average closing price
Microsoft-owned GitHub says that 90% of the world’s open-source projects are stored on its code repository platform. Jonathan Raa | Nurphoto via Getty Images Microsoft-owned developer platform GitHub on Tuesday said it is giving enterprise users the ability to limit the storage of their sensitive software code to data centers located in the European Union.
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify their economies, and are turning to tech investments as a hedge. In the past year, funding for AI companies by
U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks at the Cobb Energy Performing Arts Centre in Atlanta on Sept. 20, 2024. Harris spoke about abortion and reproductive rights in Georgia as she continues to campaign against Republican presidential nominee, former U.S. President Donald Trump. Joe Raedle | Getty Images News | Getty Images
In this article TSLA GOOGL MSFT NVDA 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he
In this article INTC NVDA Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024. Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters The Securities and Exchange Commission has asked a federal judge to sanction Elon Musk if he
In this article QCOM INTC Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters Qualcomm approached Intel about a takeover in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares rose 8%
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple on Friday greeted customers at its stores around the world for the debuts of the iPhone 16, Apple Watch Series 10 and AirPods 4. The new products were announced at an event earlier this month and have been available for pre-order since Sept. 13.
Alakh Pandey (R), CEO of Physics Wallah, along with the company’s co-founder Prateek Maheshwari (L). Physics Wallah Indian education technology startup Physics Wallah announced on Friday that it had raised $210 million as it looks to expand its business, in part via acquisitions, amid troubles in the sector. The funding, led by Hornbill Capital, and
In this article NVDA TSLA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang presents the Nvidia Blackwell platform at an event ahead of the COMPUTEX Forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Investors poured into tech stocks at one of the fastest clips of the year a day
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba on Thursday released more than 100 open-source artificial intelligence models and boosted the capabilities of its proprietary technology as it looks to ramp
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