Tag: Breaking News: Technology

Activist Starboard sues Autodesk in bid to mount proxy fight

Autodesk president and CEO Andrew Anagnost.AutodeskStarboard Value sued software maker Autodesk on Monday to delay the company's annual meeting and reopen the board nominating...

Analysts say to buy Best Buy stock for an AI device upgrade boost and a whole lot more

Another Wall Street firm has turned positive on Best Buy — making the case that an artificial intelligence-fueled upgrade cycle for PCs is...

Apple stops offering buy now, pay later loans in U.S.

Apple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria...

Apple analyst Kuo says new Apple Watch will include larger screen, thinner design

Apple Watch Series 9Source: Apple Inc.Apple Analyst Ming-Chi Kuo said in a blog post on Monday that the next Apple Watch will be...

Apple supplier TDK says battery breakthrough can deliver higher performance for wearable devices

Apple Watch SE is seen in a store in Krakow, Poland on April 20, 2024.Nurphoto | Nurphoto | Getty ImagesJapanese electronic parts maker...

Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure

Jeffrey Smith, CEO and chief investment officer at Starboard Value LP.David Paul Morris | Bloomberg | Getty ImagesStarboard Value, the activist fund run by Jeff Smith,...

Malaysia is emerging as a data center powerhouse amid booming demand from AI

A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty ImagesMalaysia is emerging as a data center...

From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble

South Korean authorities are seeking the arrest of Do Kwon, co-founder and chief executive officer of Terraform Labs. His company is behind the...

The 4 key things we’re watching in the stock market this holiday-shortened week

The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling...

Adobe shares surge 15%, head for sharpest rally since 2020

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York...

Boeing and NASA delay Starliner astronaut return to June 22, nearly doubling mission length to test spacecraft

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via ReutersBoeing's...

Microsoft to delay launch of AI Recall tool due to security concerns

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.Jason Redmond | AFP...