Finance News Archives | Page 103 Of 111

23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business […]

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Apple’s four-phone strategy is lagging. One idea to reviving sales: Cut the cameras

Finance News

A series of iPhone 16s on display inside the Apple store at Tun Razak Exchange in Kuala Lumpur, Malaysia, on Sept. 20, 2024. Annice Lyn | Getty Images News | Getty Images One of the first things Steve Jobs did when he returned to Apple in 1997 was simplify Apple’s product lineup. At the time

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Waymo opens robotaxi service to anyone in Los Angeles, marking its largest expansion yet

Finance News

A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Alphabet-owned Waymo is removing the waitlist for its self-driving service in Los Angeles, marking its largest expansion yet. Starting Tuesday, anyone in LA will be able to use the Waymo One app

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Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’

Finance News

The Oura Ring 4. Courtesy: Oura LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung’s smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst

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Crypto takes a breather from its postelection rally as bitcoin approaches ,000

Crypto takes a breather from its postelection rally as bitcoin approaches $90,000

Finance News

The crypto market hit pause on its rocket rally that began a week ago following the U.S. election, though investors should expect it to pick up again. On Tuesday bitcoin was trading above the flat line at $87,440.88, according to Coin Metrics. On Monday, it rose more than 10%, to as high as $89,623.00 at

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SoftBank posts blowout quarterly gains at Vision Fund tech arm

Finance News

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen

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European Google rivals partner on search engine infrastructure to counter Big Tech

Finance News

A Google logo displays on a smartphone screen and the European flag on a computer screen. Nikolas Kokovlis | Nurphoto | Getty Images LISBON, Portugal — Ecosia and Qwant, two search engines competing with Google, announced a partnership Tuesday to build a European search index and reduce their dependence on U.S. Big Tech firms. The two

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Elon Musk is billion richer since Trump victory due to Tesla stock surge

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Finance News

Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130

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IAC exploring spinoff of home improvement marketplace Angi

Finance News

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images IAC said Monday it’s exploring a spinoff of Angi, an online platform that connects consumers with a marketplace of home improvement service providers in their area, like electricians and landscapers. Angi stock price was down nearly 4% in after-hours trading on Monday. IAC shares

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Silicon Valley’s General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies

Finance News

Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million. General Catalyst has $30 billion in assets under management and has backed major U.S. tech companies like Snap, Stripe and AirBnb. Lean Technologies’ fundraising round also

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23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Apple’s four-phone strategy is lagging. One idea to reviving sales: Cut the cameras

Waymo opens robotaxi service to anyone in Los Angeles, marking its largest expansion yet

Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’

Crypto takes a breather from its postelection rally as bitcoin approaches $90,000

SoftBank posts blowout quarterly gains at Vision Fund tech arm

European Google rivals partner on search engine infrastructure to counter Big Tech

IAC exploring spinoff of home improvement marketplace Angi

Silicon Valley’s General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies

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