Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023 Ben Kriemann | Getty Images Microsoft said last week that it plans to stop providing discounts on enterprise purchases of its Microsoft 365 productivity software subscriptions and other cloud applications. Since the announcement, analysts have published estimates on how much […]
Alibaba’s global headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024. Nurphoto | Nurphoto | Getty Images Alibaba-backed Banma, a provider of technology for smart cars, is planning to list shares on the Hong Kong Stock Exchange, according to a filing. In a filing dated Aug. 21, Alibaba said it currently owns about 45%
Alibaba says smart car spinoff Banma plans to list shares in Hong Kong Read More »
Private renewable energy projects are still moving forward despite a pullback in government support, and new technology is making that construction more efficient. Solar farms, for example, take meticulous planning and surveying, involve long hours and require significant labor. Now, robots are taking on the job. CivDot is a four-wheeled robot that can mark up
These little robots are changing the way solar farms are built, saving time and money Read More »
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images PlayStation 5 game consoles will cost $50 more in the U.S. starting this week, Sony announced on Wednesday. The price for an entry-level PlayStation 5 Digital Edition will increase from $450 to $500, and a PlayStation 5 with a disc
Sony raises PlayStation 5 prices in U.S. as tariffs start to hit Read More »
Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images The U.K. should establish a national stablecoin strategy to enable adoption of the tokens and avoid falling behind the U.S. on the disruptive new technology, several major crypto firms said Wednesday. In an open letter addressed to Finance Minister Rachel
Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S. Read More »
Palantir shares sank into bear market territory Wednesday after six-straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 20% from the recent record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir’s
Palantir stock plummets 20% from highs in longest losing streak since April 2024 Read More »
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC’s David Faber. Intel stock slid more than
Intel in talks with other large investors for equity boost at discount, sources say Read More »
Visitors attend UGM 2025. Courtesy of Epic Space travelers, robots and, of course, artificial intelligence. They were all on display on Tuesday at Epic Systems’ annual Users Group Meeting, held at the health software giant’s 1,670-acre campus in Verona, Wisconsin. Judy Faulkner, Epic’s 82-year-old CEO, dressed for the occasion in a purple wig with neon
Epic touts new AI tools for patients and doctors at company’s annual meeting Read More »
Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance
Databricks says it’s valued at over $100 billion in latest funding round Read More »
The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered on Tuesday as investors fled tech stocks and riskier corners of the market. Among crypto exchanges, Coinbase and eToro fell more than 5% each, while
Crypto stocks tumble on Tuesday as investors go into risk-off mode Read More »
