Mark Zuckerberg, chief executive officer of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta is slated to report third-quarter earnings on Wednesday after the close of regular trading. Here’s what analysts polled by LSEG are […]
Meta set to report Q3 earnings after the bell Read More »
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Timothy A. Clary | AFP | Getty Images Shares of Reddit popped more than 40% on Wednesday, one day after the social media company posted a surprise profit in its third-quarter results and offered
Reddit shares soar 40% on profitability, rosy guidance Read More »
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 10, 2024. Bloomberg | Getty Apple on Wednesday introduced new MacBook Pro laptops with updated processors, in what is likely the company’s last major hardware announcement of the year. The new devices are equipped
Apple updates MacBook Pro laptops with new chips, more memory for AI Read More »
Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley. On Tuesday, Porat’s successor, Anat Ashkenazi, made her earnings
Sam Altman, CEO of OpenAI, at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David A. Grogan | CNBC Sam Altman, the controversial CEO of OpenAI, has a stake in social media company Reddit that’s worth over $1 billion as of post-market trading on Tuesday. Altman controls roughly
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop Read More »
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images Oracle unveiled a brand new electronic health record on Tuesday, its most significant health-care product update since acquiring the medical records giant Cerner for $28
Oracle announces new AI-powered electronic health record Read More »
A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of
AI boom thrusts Europe between power-hungry data centers and environmental goals Read More »
