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Tag: Technology

Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions

A man walks past Microsoft's local headquarters in Beijing on July 20, 2021. Noel Celis | Afp | Getty ImagesMicrosoft has reportedly asked China-based...

India ‘very favorable’ for IPOs, Peak XV says, as economy and investor sentiment stay strong

Shailendra Singh, managing director of Peak XV Partners.Lionel Ng | Bloomberg | Getty ImagesIndia offers a "very favorable" environment for companies to launch...

Siemens posts industrial profit drop as automation division slows

15 November 2023, Bavaria, Munich: Flags with the word "Siemens" in front of the company's headquarters.Karl-Josef Hildenbrand | Picture Alliance | Getty ImagesGerman...

China is still an important market even if investors diversify from it now, says Peak XV

Shailendra Singh.Lionel Ng | Bloomberg | Getty ImagesChina will remain an important market for investors in the long term, even if other countries...

These wall-climbing, AI-powered robots are finding the flaws in ‘D’ grade US infrastructure, from commuter bridges to military hardware

The collapse of Baltimore's Francis Scott Key Bridge earlier this year and an I-95 overpass in Philadelphia last June weren't triggered by structural flaws —...

Palo Alto Networks is buying security assets from IBM to expand customer base

Nikesh Arora CEO & Chairman Palo Alto Networks, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan....

Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years

Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17,...

A half-million school buses across US could become an EV battery powerhouse feeding the grid

Zum EV chargers at charging station with school buses.ZumThe nightlife of school buses is about to get more interesting.Zum, which provides student transportation...

Uber announces shuttle rides, features for caregivers and Costco perks

Uber on Wednesday announced several new product updates at the company's annual Go-Get showcase in New York City that aim to help its...

Dell surges 9% on optimism it has secured big AI server orders

Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024.Joan...

Bitcoin is having its best day since March following cooler April inflation reading

Nicolas Economou | Nurphoto | Getty ImagesBitcoin jumped with stocks on Wednesday after the April consumer price index showed inflation eased from the...

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengSHANGHAI — Chinese...

Instagram co-founder Mike Krieger joins Amazon-backed Anthropic

Omar Marques | Lightrocket | Getty ImagesInstagram co-founder Mike Krieger will join Anthropic as chief product officer, the company announced Wednesday.Krieger, the former...

Amazon’s appearance at Upfronts highlights push beyond digital ads and into traditional media

Rafael Henrique | Lightrocket | Getty ImagesAmazon has become a growing threat to digital ad incumbents Meta and Google, attracting billions of dollars...

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