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Finance News

Salesforce to acquire data management company Informatica in billion deal

Salesforce to acquire data management company Informatica in $8 billion deal

Finance News

Salesforce Inc. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022. Bloomberg | Bloomberg | Getty Images Salesforce announced Tuesday that it’s buying cloud data management firm Informatica in an $8 billion deal to bolster the enterprise software giant’s push into artificial intelligence. Shares of Salesforce were up about 1% in […]

Salesforce to acquire data management company Informatica in $8 billion deal Read More »

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy

Finance News

“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia. Kevin Carter | Getty Images News | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy Read More »

Tesla’s Europe sales plunge 49% on brand damage, rising competition

Tesla’s Europe sales plunge 49% on brand damage, rising competition

Finance News

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop

Tesla’s Europe sales plunge 49% on brand damage, rising competition Read More »

Tech conferences are ramping up security to quell employee protests as political tensions rise

Tech conferences are ramping up security to quell employee protests as political tensions rise

Finance News

Security officers block entrance doors after pro-Palestinian protesters attempted to enter the Microsoft Build conference at the Seattle Convention Center Arch building in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images At Microsoft’s annual Build conference on Tuesday, Executive Vice President Jay Parikh’s keynote was interrupted by an employee protesting

Tech conferences are ramping up security to quell employee protests as political tensions rise Read More »

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race

Finance News

Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race Read More »

Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash

Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash

Finance News

A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox robotaxi unit issued a voluntary recall of its software for the second time in a month following a recent crash in San Francisco. On May 8, an unoccupied Zoox robotaxi was

Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash Read More »

At Trump’s 8 million meme coin dinner, ‘the food sucked’ and security was lax

At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax

Finance News

Crypto investor and $TRUMP token holder, Nicholas Pinto, attends gala dinner for contest winners. Nicholas Pinto The price of President Donald Trump’s meme coin plunged 16% as of Friday morning, just hours after he hosted a black-tie gala at his Virginia golf club for its biggest buyers — an elite crowd that spent a combined

At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax Read More »

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