This week’s news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market. Leon Neal | Getty Images News | Getty Images Plenty of Americans are discovering the AI search powers of DeepSeek, […]
Singapore’s Ministry of Trade and Industry (MTI) said in a statement Saturday that it expects U.S. companies to comply with U.S. export controls and local laws, following questions over the chips used by China’s DeepSeek to produce its AI model. Markets were rocked this week after DeepSeek claimed its large language model outperforms OpenAI’s but
Mike Cannon-Brookes, co-founder of Atlassian Corp., in Sydney, Australia, on Dec. 6, 2023. Mike Cannon-Brookes co-founded software giant Atlassian. Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 20% in premarket trading after blowing past Wall Street’s fiscal second-quarter earnings and guidance expectations. Adjusted earnings came in at 96 cents per share, ahead
Atlassian pops 20% on better-than-expected earnings, revenue outlook Read More »
Customers shop at a Samsung mobile store inside a shopping mall in New Delhi. Reuters | Anindito Mukherjee Samsung Electronics on Friday reported better-than-expected fourth-quarter revenue and operating profit, though its operating profit sharply dropped from last quarter. Here are Samsung’s fourth-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who
Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter Read More »
Analysts are concerned about how Apple will signal the March quarter is shaking out. Source link
Apple earnings are out – here are the numbers Read More »
Amazon Prime and UPS trucks are seen on a building in Washington DC, United States on July 12, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service plunged more than 17% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon,
Fairshake, the super PAC bankrolled by crypto’s biggest players, announced Thursday it has $116 million in cash on hand, a war chest aimed at the 2026 midterm election cycle. The fundraising total, which includes $11 million in new contributions, cements Fairshake as one of the most influential political forces in the country. “With the midterms
Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft shares dropped about 5% after issuing weak current-quarter guidance after the bell Wednesday. The software giant topped Wall Street’s fiscal second-quarter estimates, posting earnings of $3.23 per share
Microsoft stock slumps 5% on disappointing revenue outlook Read More »
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters OpenAI on Thursday said the U.S. National Laboratories will be using its latest artificial intelligence models for
As thousands of homes started to burn across Los Angeles on Jan. 7, fire hydrants stopped working. The rapid spread of flames in winds up to 100 miles per hour was happening too quickly for water pumps to keep up. It shocked the system and those fleeing the flames. “This area is known for having
