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Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production

Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production

Secretary of Commerce Gina Raimondo listens as President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act at the White House on July 25, 2022. Anna Moneymaker | Getty Images News | Getty Images Intel has been badly beaten down of late, losing 60% of […]

Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production Read More »

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

The ripple cryptocurrency altcoin sits arranged for a photograph in London on April 25, 2018. Jack Taylor | Getty Images News | Getty Images The price of Ripple’s XRP token jumped Thursday after Grayscale announced the launch of a new trust that gives accredited investors direct exposure to the cryptocurrency.  XRP was last higher by

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF Read More »

OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers

OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers

OpenAI CEO Sam Altman during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images Leaders at OpenAI, Anthropic, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence

OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers Read More »

California attorney general warns tech platforms to look out for voter deception ahead of election

California attorney general warns tech platforms to look out for voter deception ahead of election

California Attorney General Rob Bonta discusses Michelle Mack’s case in an interview on Feb. 16, 2024. CNBC California Attorney General Rob Bonta cautioned executives at social media and other tech companies to work harder to protect voters from “deception, intimidation, and dissuasion,” ahead of the November election. “Millions of Californians rely on social media and

California attorney general warns tech platforms to look out for voter deception ahead of election Read More »

Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant

Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant

Workers stock shelves at an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024.  David Ryder | Bloomberg | Getty Images On a humid afternoon in August, a few hundred shoppers lined up outside an Amazon Fresh supermarket in a Philadelphia suburb, eagerly awaiting the store’s grand opening. A person in

Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant Read More »

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate

Stand With Crypto’s bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto Alliance A big purple bus adorned with “AMERICA ❤️ CRYPTO” started making its way across five swing states last week, on a mission to get out the vote ahead of the presidential election.

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate Read More »

AI-powered search startup Glean doubles valuation in new funding round led by Altimeter

AI-powered search startup Glean doubles valuation in new funding round led by Altimeter

 Arvind Jain, CEO Glean, on SaaS Monster stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images AI-powered search startup Glean said Tuesday it has raised $260 million in a funding round that values the tech company at $4.6 billion — more than

AI-powered search startup Glean doubles valuation in new funding round led by Altimeter Read More »

In Huawei’s battle against Apple, chips are still a weakness, says analyst

In Huawei’s battle against Apple, chips are still a weakness, says analyst

Illustration of a user browsing booking information for Huawei’s new foldable mobile phone in Suqian, Jiangsu province, China, Sept 8, 2024.  Cfoto | Future Publishing | Getty Images As Huawei tries to upstage Apple‘s new iPhone with the launch of its own ‘trifold phone’ on Tuesday, its chip capabilities remain a weakness, despite recent breakthroughs,

In Huawei’s battle against Apple, chips are still a weakness, says analyst Read More »

Bitcoin rebounds from its worst week in more than a year, jumping above ,000

Bitcoin rebounds from its worst week in more than a year, jumping above $57,000

Bitcoin jumped Monday evening and topped $57,000 after Wall Street’s rebound from its worst week of the year. The price of the flagship cryptocurrency was last higher by 5.6% at $57,4449.00, according to Coin Metrics. Last week, bitcoin tumbled 9% for its worst weekly performance since August 2023.  Stock Chart IconStock chart icon Bitcoin performance

Bitcoin rebounds from its worst week in more than a year, jumping above $57,000 Read More »

Oracle reports better-than-expected quarterly results; shares rise

Oracle reports better-than-expected quarterly results; shares rise

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 8% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here’s how

Oracle reports better-than-expected quarterly results; shares rise Read More »

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