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Tag: Breaking News: Technology

States sue TikTok over app’s effect on kids’ mental health

A bipartisan group of more than a dozen state attorneys general is filing lawsuits on Tuesday against social media giant TikTok, with one...

Amazon’s ex-retail boss Dave Clark launches new startup to solve supply chain ‘Franken-software’

Dave Clark, Amazon's former CEO of global consumer, who briefly helmed logistics company Flexport, is returning to the startup world.Clark on Tuesday launched...

Women’s health startup Maven Clinic closes funding at $1.7 billion valuation

Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024.Danielle DeVries | CNBCMaven Clinic, a...

Women’s health startup Maven Clinic closes funding at $1.7 billion valuation

Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024.Danielle DeVries | CNBCMaven Clinic, a...

Former Humane execs secure $25 million valuation after departing AI hardware startup

Two former executives of Humane, the embattled AI hardware startup, are reemerging with a new artificial intelligence software venture that has raised $4...

Saudi Arabia’s PIF cuts stake in Nintendo after report said it was considering increase

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

Samsung issues lengthy apology after disappointing results — read the full statement

The leading memory chip manufacturer projected that its operating profit for the quarter ending in September will be approximately 9.10 trillion won, missing...

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve

Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023.I-hwa Cheng | AFP...

Google ordered to open Android app store in Epic Games trial

Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles, on June 12, 2019.Kyle...

Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter

Super Micro CEO Charles Liang.Source: SupermicroSuper Micro Computer shares jumped 15% after the computer server company said it's shipping more than 100,000 graphics...

Walmart-owned Sam’s Club tests a future without checkout lines

Sam's Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone...

Robotaxis are here but the public is reluctant to embrace them

Driverless cars are speeding onto America's streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they...

Tensions rise between banks and tech companies over online fraud liability in the UK

Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services.Jaap...

How I built a $2 billion a year super app called Grab: ’20 hour’ work days

Anthony Tan didn't need to start a business to be rich.He grew up as the youngest of three sons in one of Malaysia's...

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