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Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon‘s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is spread across […]

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products Read More »

3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future

3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future

Nvidia reported strong fiscal first-quarter earnings on Wednesday. Wall Street was pleased with Nvidia’s continued sales growth, which hit 69% during the quarter. The company’s data center division continues to surge as companies, countries, and cloud providers snap up Nvidia graphics processors, or GPUs, for artificial intelligence software. “The team continues to maintain a 1-

3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future Read More »

Salesforce shares advance on strong results and optimistic forecast

Salesforce shares advance on strong results and optimistic forecast

Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Chris Ratcliffe | Bloomberg | Getty Images Salesforce shares rose 4% in extended trading on Wednesday after the sales and customer service software maker reported upbeat fiscal first-quarter results and guidance. Here’s how the company

Salesforce shares advance on strong results and optimistic forecast Read More »

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar

Vice President JD Vance speaks at Bitcoin 2025, Wednesday, May 28, 2025, in Las Vegas. John Locker | AP LAS VEGAS — Vice President JD Vance used his position on stage at the biggest bitcoin conference of the year to push the Trump administration’s efforts on stablecoin legislation, touting its potential benefits to the U.S.

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar Read More »

Elon Musk’s xAI partners with messaging app Telegram in 0 million Grok deal

Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe.  Jaap Arriens | Nurphoto | Getty Images Elon Musk’s startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a

Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal Read More »

Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI

Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI

Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in

Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI Read More »

Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says

Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says

Getty Images’ logo seen displayed on a smartphone with an AI chip and symbol in the background. Budrul Chukrut | Sopa Images | Lightrocket via Getty Images LONDON — Getty Images is spending millions of Dollars to take on a “world of rhetoric” through its Stability AI suit, the photo licensing company’s boss Craig Peters

Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says Read More »

China and tariffs have wiped off 0 billion from critical chip firm ASML since peak value

China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty Shares of ASML, which is seen

China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value Read More »

SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches

SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches

Matt Farrah of Newcastle, Australia views SpaceX’s next-generation Starship spacecraft atop its Super Heavy booster is prepared for launch on its ninth test at the company’s launch pad in Starbase, Texas, U.S., May 27, 2025. Joe Skipper | Reuters SpaceX’s Super Heavy booster and Starship rocket exploded during a test flight on Tuesday, the third

SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches Read More »

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