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Tag: Breaking News: Technology

Tencent-backed Airwallex nears $500 million annualized sales, aims to get IPO-ready by 2026

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech...

Schumer says a crypto bill can pass Senate this year; key Dems join ‘Crypto4Harris’ call

US Senate Majority Leader Chuck Schumer presents US Vice President Kamala Harris with a "golden gavel" after she cast her 32nd tie-breaking vote...

Why NASA astronauts are waiting to return on Boeing’s Starliner

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing's Starliner to the International Space Station onNASALog entry: Day...

Cisco reports better-than-expected results and issues optimistic forecast

Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Hollie Adams | Bloomberg | Getty ImagesCisco...

FTC bans fake online reviews, inflated social media influence; rule takes effect in October

Federal Trade Commission Chair Lina Khan testifies during a hearing of the House Appropriations Subcommittee on Financial Services and General Government, May 15,...

Biden hosts first ‘Creator Economy Conference’ for influencers to talk AI, privacy and more

U.S. President Joe Biden departs the White House on August 13, 2024 in Washington, DC. Biden is traveling to New Orleans to participate...

Britain considers tougher internet safety laws after riots, Musk comments — what you need to know

As the riots raged in the U.K., Elon Musk began making incendiary comments about the situation, including the statement: "Civil war is inevitable."...

Google’s live demo of Gemini ramps up pressure on Apple as AI reaches smartphone users

During Google's Pixel phone launch on Tuesday, a product director named David Citron took the stage to show off the mobile capabilities of...

Reddit’s increased reliance on Google traffic has Wall Street anxious to see if visitors sign up

The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in New York City...

Instagram is failing to crack down on hate speech against women politicians as elections near, advocacy group says

Instagram has failed to remove toxic comments directed at Vice President Kamala Harris and other leading female politicians from its app as the...

Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates

Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023.Nurphoto | Nurphoto | Getty ImagesTencent beat...

Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. Justin Sullivan | Getty Images News |...

Video game industry faces sluggish growth in 2024 amid weak console sales, research firm says

Analysts are expecting Nintendo to release a successor to its hit Switch console in its fiscal year 2025.Guillaume Payen | Sopa Images |...

China’s Huawei is reportedly set to release new AI chip to challenge Nvidia amid U.S. sanctions

BERLIN, GERMANY - SEPTEMBER 03: People arrive to attend the Huawei keynote address at the IFA 2020 Special Edition consumer electronics and appliances...

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