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Tag: Breaking News: Technology

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Alphabet issues first ever dividend, $70 billion buyback

Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his...

Intel shares fall after providing weak forecast for the current quarter

Intel CEO Pat Gelsinger, holding the "Gaudi 3" AI chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit...

Snap shares soar 31% as company beats on earnings, shows strong revenue growth

Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa...

Rubrik pops 20% in NYSE debut after pricing IPO above range

Bipul Sinha, CEO, Chairman & Co-Founder of Rubrik Inc., the Microsoft backed cybersecurity software startup, rings the opening bell during his company’s IPO...

Stripe co-founder says high interest rates flushed out Silicon Valley’s ‘wackiest’ ideas

John Collison, president and co-founder of Stripe.Christophe Morin | IP3 | Getty ImagesRising interest rates crushed technology valuations and had a chilling effect...

Alphabet set to report first-quarter results after market close

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20,...

Microsoft set to report earnings after the bell

Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ImagesMicrosoft will report financial...

Meta tumbles 15% on weak revenue forecast and Zuckerberg’s comments on spending

Meta's CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January...

Xpeng’s Gu says robotaxis won’t be a real business for at least five years

A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024.Wang Zhao | AFP | Getty ImagesBEIJING...

Nvidia-backed startup Synthesia unveils AI avatars that can be generated from text

An animated avatar generated by the AI video platform Synthesia.SynthesiaNvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital...

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release...

Geely-backed luxury EV brand Zeekr says it’s already beating Tesla in parts of China

Pictured here is the Zeekr 001 electric car at a services trade fair in Beijing on Aug. 31, 2023.China News Service | China...

Don’t bet against Zuckerberg: Meta’s earnings-driven stock slide is an opportunity

Meta Platforms on Wednesday evening delivered a solid quarter with sales, operating income, earnings, and cash flow all exceeding expectations on the back...

Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy

Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in...

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