Technology News Archives | Page 43 Of 86

CrowdStrike drops 6% on lackluster guidance, ongoing impact from July IT outage

George Kurtz, chief executive officer of Crowdstrike Inc., listens during an interview in San Francisco, California, U.S., on Wednesday, Sept. 25, 2019. Michael Short | Bloomberg | Getty Images Shares of CrowdStrike slumped more than 6% Wednesday morning after the cybersecurity company issued lackluster revenue guidance for the current quarter. The security software maker said […]

CrowdStrike drops 6% on lackluster guidance, ongoing impact from July IT outage Read More »

AI, trade and socks: Inside the inaugural SXSW in London

AI, trade and $24 socks: Inside the inaugural SXSW in London

Technology News

SXSW had branding all around the neighbourhood of Shoreditch in London. Arjun Kharpal | CNBC South by Southwest (SXSW) may be a well-known event in the United States, but it certainly hasn’t reached the same level of recognition in Britain. “What’s that?” asked a pedestrian who was passing by a SXSW London sign. SXSW is

AI, trade and $24 socks: Inside the inaugural SXSW in London Read More »

Snowflake to buy database startup Crunchy Data for about 0 million

Snowflake to buy database startup Crunchy Data for about $250 million

Technology News

Sridhar Ramaswamy, CEO of Snowflake, speaks at the Semafor World Economy Summit in Washington on April 25, 2025. Tasos Katopodis | Semafor | Getty Images Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, according to a

Snowflake to buy database startup Crunchy Data for about $250 million Read More »

Elon Musk’s Neuralink raises 0 million in fresh capital

Elon Musk’s Neuralink raises $650 million in fresh capital

Technology News

Jonathan Raa | Nurphoto | Getty Images Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a press release. Neuralink said the fresh capital will help the

Elon Musk’s Neuralink raises $650 million in fresh capital Read More »

China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up

Technology News

Stellantis-backed Leapmotor delivered a record 45,067 vehicles in May, reflecting year-on-year growth of 148%. Cfoto | Future Publishing | Getty Images Chinese electric carmakers Leapmotor and Aito reported record high deliveries in May, while other startups struggle to catch up as the price war intensifies. Stellantis-backed Leapmotor delivered a record 45,067 vehicles in May, reflecting

China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up Read More »

$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says

Technology News

Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24, 2022. Valerie Plesch | Bloomberg | Getty Images LAS VEGAS — Now that the SEC is out of the business of regulating meme coins, investors shouldn’t expect any guidance on $TRUMP,

$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says Read More »

Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE

Technology News

Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Shares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in China and Europe, as the billionaire CEO promised to focus more on his businesses than politics. Tesla shares are on track

Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE Read More »

China calls out Trump for ‘abuse’ of semiconductor export controls

Technology News

Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images China is calling out the U.S. for “discriminatory restrictions” in its use of export controls in the chip industry, after the Trump administration accused the world’s second-largest economy of violating a preliminary trade deal between the two countries.

China calls out Trump for ‘abuse’ of semiconductor export controls Read More »

Dell shares climb after company raises full-year profit outlook on AI demand

Technology News

A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Shares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast and issued a stronger-than-expected forecast for the current quarter. However, Dell’s adjusted earnings per share came up short

Dell shares climb after company raises full-year profit outlook on AI demand Read More »

Synopsys pulls full-year guidance, citing new China export restrictions

Technology News

Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company’s plans to have artificial intelligence take over parts of designing computer chips at the company’s annual user conference in Santa Clara, California, on March 19, 2025. Stephen Nellis | Reuters Synopsys pulled its guidance for the full fiscal year on Thursday, citing a

Synopsys pulls full-year guidance, citing new China export restrictions Read More »

CrowdStrike drops 6% on lackluster guidance, ongoing impact from July IT outage

AI, trade and $24 socks: Inside the inaugural SXSW in London

Snowflake to buy database startup Crunchy Data for about $250 million

Elon Musk’s Neuralink raises $650 million in fresh capital

China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up

$TRUMP and other meme coins won’t be protected by SEC, Commissioner Hester Peirce says

Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE

China calls out Trump for ‘abuse’ of semiconductor export controls

Dell shares climb after company raises full-year profit outlook on AI demand

Synopsys pulls full-year guidance, citing new China export restrictions

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