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AI could affect 40% of jobs and widen inequality between nations, UN warns

AI could affect 40% of jobs and widen inequality between nations, UN warns

Technology News

Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology’s benefits remain highly concentrated, according to the U.N. Trade and Development agency. UNCTAD said the AI market cap would roughly equate to the size of Germany’s economy, with the technology offering productivity gains and becoming a prominent force in […]

AI could affect 40% of jobs and widen inequality between nations, UN warns Read More »

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain

Technology News

Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images In the past few years, Apple has sold Americans iPhones made in India, AirPods from

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain Read More »

Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner

Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner

Technology News

Altimeter Capital CEO Brad Gerstner said Thursday that he’s moving out of the “bomb shelter” with Nvidia and into a position of safety, expecting that the chipmaker is positioned to withstand President Donald Trump’s widespread tariffs. “The growth and the demand for GPUs is off the charts,” he told CNBC’s “Fast Money Halftime Report,” referring

Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner Read More »

Bitcoin slides to ,000 as Trump tariffs jolt stock market

Bitcoin slides to $82,000 as Trump tariffs jolt stock market

Technology News

Harun Ozalp | Anadolu | Getty Images Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump’s big tariffs reveal jolted the stock market. The price of the flagship cryptocurrency was last lower by 4% at $82,413.22, according to Coin Metrics. Ether fell 7% and the token tied to Solana dropped 13%. Meanwhile,

Bitcoin slides to $82,000 as Trump tariffs jolt stock market Read More »

Here’s where Apple makes its products — and how Trump’s tariffs could have an impact

Here’s where Apple makes its products — and how Trump’s tariffs could have an impact

Technology News

Apple’s iPhone 16 at an Apple Store on Regent Street in London on Sept. 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images Apple has made moves to diversify its supply chain beyond China to places like India and Vietnam, but tariffs announced by the White House are set to hit those countries too.

Here’s where Apple makes its products — and how Trump’s tariffs could have an impact Read More »

Amazon to launch first batch of Kuiper satellites on April 9

Amazon to launch first batch of Kuiper satellites on April 9

Technology News

United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in Cape Canaveral, Florida, United States. Paul Hennessey | Anadolu Agency | Getty Images Amazon has set a date

Amazon to launch first batch of Kuiper satellites on April 9 Read More »

Hims & Hers shares rise as company adds new weight-loss medications to platform

Hims & Hers shares rise as company adds new weight-loss medications to platform

Technology News

The Hims app arranged on a smartphone in New York on Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health shares closed up 5% on Tuesday after the company announced patients can access Eli Lilly‘s weight loss medication Zepbound and diabetes drug Mounjaro, as well as the generic injection liraglutide,

Hims & Hers shares rise as company adds new weight-loss medications to platform Read More »

Trump’s tariffs could mean big business for supply chain software startup LightSource

Trump’s tariffs could mean big business for supply chain software startup LightSource

Technology News

LightSource cofounders: CTO Idan Mintz and CEO Spencer Penn Courtesy: LightSource With President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. LightSource, a San Francisco startup whose software helps companies manage their procurement process, costs and vendor relationships, didn’t know

Trump’s tariffs could mean big business for supply chain software startup LightSource Read More »

Tesla plunges 36% in first quarter, worst performance for any period since 2022

Tesla plunges 36% in first quarter, worst performance for any period since 2022

Technology News

White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC.  Win McNamee | Getty Images Tesla’s stock just wrapped up its worst quarter since 2022 and suffered its third-steepest drop in the company’s 15

Tesla plunges 36% in first quarter, worst performance for any period since 2022 Read More »

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