Tag: Breaking News: Technology

Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico

Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford's 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April...

UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom

In a Wednesday hearing in front of the U.S. Senate Committee on Finance, UnitedHealth Group CEO Andrew Witty confirmed for the first time...

Nvidia-backed GPU cloud provider CoreWeave surges to $19 billion valuation

Nvidia-backed startup Coreweave is based in Roseland, New Jersey, with 160 employees.CoreWeaveCoreWeave, a cloud infrastructure startup that rents out graphics processing units to...

Super Micro plummets 18% after posting revenue miss

The Super Micro Computer logo is seen on a smartphone screen.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesSuper Micro Computer shares...

Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI’s ChatGPT

Omar Marques | Lightrocket | Getty ImagesAnthropic on Wednesday announced its first-ever enterprise offering and a free iPhone app.The generative artificial intelligence startup...

Bitcoin nosedives below $57,000 to two-month low ahead of U.S. Fed decision

The logo of the cryptocurrency Bitcoin (BTC) can be seen on a coin standing in front of a Bitcoin chart.Silas Stein | Picture...

We’re raising our Amazon price target, betting light guidance proves conservative

Amazon reported a strong first quarter after the closing bell Tuesday. Shares rose more than 1% following the release. The upside, however, was...

Binance co-founder Zhao set to keep on growing his $33 billion fortune even as he heads to prison for four months

Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. Staff | ReutersChangpeng...

Amazon cost cuts drive operating margin into double digits for first time

Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow's opening night for the NHL's newest hockey franchise the...

DJT: Trump receives 36 million shares of Trump Media worth $1.8 billion as earnout bonus

Republican presidential candidate and former U.S. President Donald Trump gestures as he arrives to Trump tower during the day of his trial over...

Amazon’s advertising revenue jumps 24% in first quarter

An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York, US, on Tuesday, April 16, 2024. Angus...

Pinterest shares soar 18% on earnings beat, strong revenue growth

Sopa Images | Lightrocket | Getty ImagesShares of Pinterest popped 18% in extended trading Tuesday after the company reported first-quarter results that beat...