Tag: Breaking News: Technology

Microsoft’s cloud is ‘no-brainer’ for some AI startups, helping Azure gain ground on AWS

EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in Palo Alto, California, in August 2023.EzDubs, a developer...

Turkey blocks Instagram throughout country amid complaints of censorship of Hamas posts

Didem Mente | Anadolu | Getty ImagesTurkey blocked access to Instagram for its 85 million people, the country's Information and Communication Technologies Authority...

Nintendo profit plunges 55% as sales of its ageing Switch console fall sharply

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau...

Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options

A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024.Nurphoto | Nurphoto...

Apple’s strong quarter puts it on sure footing ahead of next month’s AI iPhone launch

Apple delivered quarterly beats after Thursday's closing bell ahead of what's expected to be a robust artificial intelligence iPhone upgrade cycle in the...

Apple is spending more on AI, but remains far behind its Silicon Valley peers

Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024.Source: AppleThe topic of greatest interest to analysts on Apple's...

Amazon says distraction of Olympics, Trump assassination attempt contributed to weak forecast

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021.David Ryder...

DoorDash shares pop 13% on second-quarter revenue beat

A DoorDash driver on an electric bicycle wearing a cooler backpack with the skyline of San Francisco in the background.Smith Collection | Gado...

Amazon’s advertising business grew 20% in the second quarter

Future Publishing | Future | Getty ImagesAmazon's online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase,...

Snap shares plunge over 20% on weak guidance

Evan Spiegel, co-founder and chief executive officer of Snap Inc., during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, May...

Amazon’s cloud unit reports 19% revenue growth, topping estimates

Amazon Web Services CEO Matt Garman speaks during CNBC Power Lunch on July 1, 2024.CNBCAmazon said Thursday that revenue in its cloud division...

Intel to cut 15% of headcount, reports quarterly guidance miss

Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4,...

Eaton shares get dragged down in the market selloff despite a nice beat and raise

Eaton on Thursday morning delivered quarterly beats on its top and bottom lines. Segment profit margin and organic sales growth topped estimates. Management...

Elon Musk sued by ex-CNN anchor Don Lemon over canceled X deal

Elon Musk (L) & Don LemonReuters (L) | Getty Images (R)Former CNN anchor Don Lemon sued Elon Musk on Thursday, accusing him of...

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