Chairman of the Securities and Exchange Commission (SEC) Paul Atkins looks on during his swearing-in ceremony, at the White House in Washington, D.C., U.S., April 22, 2025. Kevin Lamarque | Reuters WASHINGTON — SEC Chair Paul Atkins said on Friday that innovation in the crypto industry “has been stifled for the last several years,” and […]
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet‘s stock gained 3% Friday after signaling strong growth in its search and advertising businesses amid a competitive artificial intelligence environment and uncertain macro backdrop. “GOOGL’s pace of GenAI
Alphabet jumps 3% as search, advertising units show resilient growth Read More »
An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most
Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’ Read More »
A Pony.ai autonomous car. Pony.ai Chinese start-up Pony.ai said Friday it will develop autonomous driving technology in partnership with Tencent Cloud and deploy robotaxi services on tech giant Tencent’s WeChat and other applications. The Nasdaq-listed company which specializes in autonomous vehicle technology, particularly robotaxis and robotrucks, said in a press release that the deal will
Pony.ai teams up with Tencent for robotaxi services on WeChat, other apps Read More »
Jaap Arriens | Nurphoto | Getty Images South Korea’s data protection authority has concluded that Chinese artificial intelligence startup DeepSeek collected personal information from local users and transferred it overseas without their permission. The authority, the Personal Information Protection Commission, released its written findings on Thursday in connection with a privacy and security review of
South Korea says DeepSeek transferred user data to China and the U.S. without consent Read More »
President Donald Trump’s trade policies will have a negative impact on Google parent Alphabet‘s core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that’s on edge due to concerns about how Trump’s tariffs will affect the economy
Alphabet expects ‘slight headwind’ to ads business this year, executives say Read More »
Alphabet, the parent company of Google and YouTube, is set to report first-quarter earnings after the bell Thursday. Here’s what analysts are expecting. Revenue:Â $89.2 billion, according to LSEG Earnings per share:Â $2.02, according to LSEG YouTube advertising revenue:Â $8.97 billion, according to StreetAccount Google Cloud revenue:Â $12.27 billion, according to StreetAccount Traffic acquisition costs (TAC):Â $13.66 billion, according to
Alphabet to report Q1 earnings results after the bell Read More »
Adobe’s new artificial intelligence image models, Firefly Image Model 4 and Firefly Image Model 4 Ultra, can generate hyper-realistic pictures in response to user prompts. Adobe LONDON — Adobe plans to launch a mobile version of its artificial intelligence image generation tool Firefly, stepping up a challenge to OpenAI as the Microsoft-backed startup advances its
Adobe to launch mobile app for AI image generation tool as OpenAI steps up rivalry Read More »
Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019. Pedro Nunes | Reuters LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time, a major milestone for the company on the road to an eventual initial public offering. Revolut, which
British fintech Revolut tops $1 billion in profit as revenue jumps 72% Read More »
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Thursday topped quarterly revenue and operating profit estimates, with demand for its high bandwidth memory offerings used in generative AI chipsets remaining robust. Here are SK Hynix’s first-quarter results versus
SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom Read More »
