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Napster pioneered music sharing over 25 years ago. It just got bought for 7 million

Napster pioneered music sharing over 25 years ago. It just got bought for $207 million

Technology News

Alexander Pohl | Nurphoto | Getty Images A quarter century ago, Napster was notorious on the internet for allowing people to swap songs for free, long before the music industry had come up with a model for the digital age. The service was shuttered in 2001 amid mounting legal battles, and filed for bankruptcy the […]

Napster pioneered music sharing over 25 years ago. It just got bought for $207 million Read More »

Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

Technology News

Technology giants Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology, as are various other companies like Rigetti, IonQ, Quantum Computing Inc. and D-Wave Quantum Inc. The latest entrant into the space is Nvidia, with CEO Jensen Huang announcing in March that the company will build a quantum computing research center in

Why startups and tech giants are racing to build a practical quantum computer Read More »

AMD’s Lisa Su has already vanquished Intel. Now she’s going after Nvidia

AMD’s Lisa Su has already vanquished Intel. Now she’s going after Nvidia

Technology News

Lisa Su, CEO of AMD, attends the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, Feb. 10, 2025.  Benoit Tessier | Reuters When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy. In its core market,

AMD’s Lisa Su has already vanquished Intel. Now she’s going after Nvidia Read More »

Baidu, once China’s generative AI leader, is battling to regain its position

Baidu, once China’s generative AI leader, is battling to regain its position

Technology News

Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images Chinese tech giant Baidu has released two new artificial intelligence models as it vies to regain its leading position in the country’s fiercely competitive AI space.  The Baidu models launched Sunday included the

Baidu, once China’s generative AI leader, is battling to regain its position Read More »

Intel’s new CEO receives million in options and stock grants on top of million salary

Intel’s new CEO receives $66 million in options and stock grants on top of $1 million salary

Technology News

Intel appoints Lip-Bu Tan as CEO. Courtesy: Intel New Intel CEO Lip-Bu Tan will receive total compensation of $1 million in salary and about $66 million in stock options and grants vesting over the coming years, according to filing on Friday with the SEC. Tan was named as the chief of Intel this week, spurring

Intel’s new CEO receives $66 million in options and stock grants on top of $1 million salary Read More »

David Sacks sold 0 million in crypto-related holdings before taking White House job, ethics memo says

David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says

Technology News

U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm,

David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says Read More »

Shares of DocuSign surge 14% on strong earnings, AI boost

Shares of DocuSign surge 14% on strong earnings, AI boost

Technology News

Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday. “We’ve really stabilized and I think started to turn the corner on the core business,” CEO Allan Thygesen said Friday on CNBC’s “Squawk Box.” “We’ve become much more efficient.” Here’s how the company performed in the fourth quarter FY2025 compared to LSEG

Shares of DocuSign surge 14% on strong earnings, AI boost Read More »

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

Technology News

The Deutsche Telekom pavilion at Mobile World Congress in Barcelona, Spain. Angel Garcia | Bloomberg | Getty Images BARCELONA — Europe’s telecommunication firms are ramping up calls for more industry consolidation to help the region compete more effectively with superpowers like the U.S. and China on key technologies like 5G and artificial intelligence. Last week

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals Read More »

Why the FastTrak toll road text scam is out of control and Apple, Android can’t do anything to stop it

Why the FastTrak toll road text scam is out of control and Apple, Android can’t do anything to stop it

Technology News

The texts first started arriving on Eric Moyer’s phone in February.  They warned him that if he didn’t pay his FastTrak lane tolls by February 21, he could face a fine and lose his license. The Virginia Beach resident did what the majority of people do: ignore them. But there was enough hesitation to at least

Why the FastTrak toll road text scam is out of control and Apple, Android can’t do anything to stop it Read More »

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